Japan Casino Regulatory Commission taking public comments on licensing criteria
asgam.com -- May 23
The Japan Casino Regulatory Commission opened public comments on 19 May regarding screening standards for proceedings such as casino licensing based on the 2016 Act on Promotion of Development of Specified Complex Tourist Facilities Areas.
Current screening criteria for casino licensing includes any connections with organized crime, disposition of the organization and its executives, and soundness of finances. With the application of laws related to the prevention of gambling addiction and money laundering, there are also regulations around the potential risk of instigating a passion for gambling and concerning mergers and casino roles when renewing a casino license.
Japan’s growth prospects remain positive, at least in the short term
think.ing - Jul 01
Today's numerous data releases, from inflation to labour to business surveys, suggest a positive outlook for Japan in the near term. The overall picture is still mixed and the figures aren't good enough to change the central bank's current stance
Japan's land price up 0.5% in rebound from pandemic hit
Kyodo - Jul 01
The average land price in Japan as of Jan. 1 was up 0.5 percent from a year earlier, the National Tax Agency said Friday, rebounding from a fall in 2021 as the country recovers from the coronavirus pandemic.
Tepco shares surge as Japan’s heat wave stretches power grid
marketwatch.com - Jun 30
Shares of Tokyo Electric Power Co. Holdings Inc. surged Wednesday as a heat wave in Japan boosted power demand in the capital.
Newly listed company plugs gap
Mulboyne - Jun 29
Until today, companies listed on Japan's stock exchange had names beginning with every possible gojūon kana except ぬ. Nulab (ヌーラボ) has ended the drought.
BOJ bond holdings plunged into the red as yields rose: estimates
Nikkei - Jun 28
The Bank of Japan may have been saddled with as much as 600 billion yen ($4.4 billion) in unrealized losses on its Japanese government bond holdings earlier this month, as a widening gap between domestic and overseas monetary policy pushed yields higher and prices lower.
Japan's shochu capital becomes new hot spot for whisky
Nikkei - Jun 26
Traditionally known for its shochu, a clear liquor made from grains, potatoes, sugar cane and more, Japan's southwestern region of Kyushu has become home to a budding whisky industry as craft distillers chase a larger, more global audience.
Japan IPOs plunge 30% in biggest drop since 2009
Nikkei - Jun 26
New stock market listings in Japan are on track to fall 30% from a year earlier in the first half of 2022 as a confluence of global factors makes international investment scarce.
Sapporo to buy U.S. craft beer maker Stone Brewing for $168m
Nikkein - Jun 24
Japan's Sapporo Holdings on Friday announced that it will acquire U.S. craft beer maker Stone Brewing for $168 million, in a foray into the country's growing microbrew market.
Japan's top court orders Twitter to delete posts on man's past arrest
Kyodo - Jun 24
Japan's top court on Friday overturned a lower court ruling that dismissed a man's demand that Twitter Inc. delete posts showing his arrest history, ordering the U.S. social networking service to remove 14 tweets.
Japan consumer inflation at 2.1% as energy costs soar
NHK - Jun 24
Consumer prices in Japan rose by more than 2 percent in May from a year earlier. Higher energy costs were a big factor behind the increase.
Toyota recalls electric cars over concerns about loose wheels
BBC - Jun 24
Motor industry giant Toyota is recalling 2,700 of its first mass-produced all-electric vehicles over concerns their wheels may fall off.
Japan’s famed 100-yen shops fall victim to cost-of-living squeeze
theguardian.com - Jun 24
There can’t be a household in Japan that doesn’t own a few items from a 100-yen shop – anything from chopsticks and teacups to air freshener and bin bags.
