Japan prepares cash injections for small, virus-hit companies

Japan prepares cash injections for small, virus-hit companies

TOKYO — Japan’s government will set up a public-private fund to inject capital into small to medium-size companies whose finances have been decimated by the coronavirus pandemic, sources told Nikkei. Tokyo plans to allocate over 50 billion yen ($465...
Coronavirus latest: Thailand preps $3bn fund for small businesses

Coronavirus latest: Thailand preps $3bn fund for small businesses

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 4,179,479, according to the World Health Organization. The worldwide death toll has hit 287,525. To see how the...
Japan small business aid would cover two-thirds rent for 6 months

Japan small business aid would cover two-thirds rent for 6 months

TOKYO — Japan’s ruling party is proposing to cover two-thirds of rent for small businesses for up to six months to help them survive a drop in revenue during the coronavirus outbreak. The subsidy would start next month, with a monthly cap of 500,000 yen...
Japan’s small companies apply for cash grants amid pandemic

Japan’s small companies apply for cash grants amid pandemic

TOKYO — Small and mid-sized businesses in Japan are facing massive damage as the spread of the new coronavirus forces stores to close and slams the breaks on consumption. Parliament on Thursday approved a supplementary budget including a new subsidy program for...