Last Update: 04/26 2018 05:56 JST

Business and Economy

Selected stories from Japan's leading economic news service

This section provides selected stories from Nikkei Asian Review, a subscription-based English news service of Nikkei, Inc. Please click on the above logo to find more details.

  • Tokyo developer plans $260m luxury condo project in Bangkok 04.20.2018

    Developer Tokyo Tatemono will build two high-rise condominiums in Bangkok in a foray into Thailand, joining other Japanese property groups seeking growth in booming Asian emerging markets. Japan's 10th-largest listed real estate group by sales will work with local partner Raimon Land for the project, estimated to cost around 28 billion yen [$260 million]. >>

  • Ascott to boost apartment openings in China, Japan and Thailand 04.13.2018

    Ascott, the serviced-apartment subsidiary of Singapore real estate company CapitaLand, has partnered with developers in China, Japan and Thailand to boost its brand in these markets. Ascott will manage serviced residences to be developed and owned by China's Riverside Group, Japan's NTT Urban Development and Thailand's Ananda Development. >>

  • In Hokkaido resort town, condos have central Tokyo prices 04.06.2018

    A luxury condominium complex of the sort typically seen in central Tokyo is being built in Kutchan, on the northern island of Hokkaido. The complex will be completed in the fall. The condos, which go for more than 100 million yen [$937,000] apiece, have already found buyers.>>

  • WeWork puts in overtime to expand Japanese operations 03.23.2018

    In a move to meet demand by Japanese companies for flexible offices to address workplace reform, U.S.-based WeWork, a shared workspace provider, will open its sixth Tokyo facility in July.>>

  • China Vanke taps Prince Hotels to help develop ski resort 03.23.2018

    China Vanke has enlisted Japanese hotel operator Prince Hotels to help design and develop a large ski resort north of Beijing as the Chinese government tries to boost winter sports.>>

  • Japan theme park to replace a third of staff with robots 03.23.2018

    Japanese travel agency and resort operator H.I.S. plans to cut the number of workers at its Huis Ten Bosch amusement park by a third in three years, drawing on its experience operating Henn na Hotel -- a chain of hotels run almost entirely by robots.>>

  • Japan's home-sharing registrations off to a rocky start 03.19.2018

    Almost none of the tens of thousands of Airbnb accommodations in Japan were registered under the new law on the first day of filing Thursday, March 15, a sign that hosts are wary of extra rules from their local governments. >>

  • Airbnb CEO says 'home sharing is here to stay' in Japan 03.09.2018

    Airbnb sees potential for Japan's home-sharing market to take off following a legal change in June that will allow the business nationwide, says CEO Brian Chesky.>>

  • Cheated Japanese developer missed multiple warnings in land fraud 03.09.2018

    Sekisui House disregarded a series of warnings about a suspicious land deal last year and put too much trust in documents furnished by the fraudsters, the developer said in a report released Tuesday, March 6.>>

  • Singapore's GIC wants to help Japan improve its corporate governance 03.02.2018

    Singapore's sovereign wealth fund GIC says Japanese companies need to improve corporate governance, and that it is keen to work with them to help implement reforms. Lim Chow Kiat, CEO of GIC, said in an email interview with the Nikkei Asian Review that while the government of Prime Minister Shinzo Abe has implemented structural reforms, corporate Japan needs to ensure sustainable improvements. >>


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