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Showing posts from October, 2021

Japan's Economy: COVID-19 state of emergency was lifted in Japan but industries are still facing bleak business conditions

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Incoming Japanese PM stimulates the economy with COVID-19 state of emergency covering Japan lifted The Japanese government has lifted the COVID-19 state of emergency covering Tokyo and 18 other prefectures, as well as the quasi-state of emergency in other areas on September 30, as new cases have declined from their peak.  From October 1, none of the country's 47 prefectures is under a state of emergency nor quasi-state of emergency for the first time since April 4. Now restaurants and other dining establishments are allowed to serve alcohol until 8 p.m. and remain open until 9 p.m. as long as they take anti-virus measures.  If infections settle down further, all regulations are expected to be eliminated in the months to come. Kishida, who will be named as Prime Minister in the Diet on October 4, thanks to the LDP-led coalition power to control both chambers said he envisions a further easing of restrictions around November when more people have been fully vaccinated. He is also