Don't expect wild parties in Japan as 'Premium Friday' kicks off
Tokyo
TOKYO workers could take free limo rides and sip champagne on the last Friday afternoon of the month, courtesy of downtown developers. SoftBank Group Corp is giving staff extra money to hit the town. And a railway operator is running a booze train, where passengers can enjoy four hours of solid drinking.
This is how some of Japan Inc is responding to a government campaign to get the country's chronically overworked populace to leave the office by 3 pm on the last Friday of every month and go spend some cash. They call it Premium Friday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Macau casinos remain resilient in April as consumers seek fun
Japan may introduce tax breaks to spur repatriation into yen: Sankei
Asset owners can’t afford to sidestep sustainability
Japan should leave the yen bazooka at home
South Korea’s export growth picks up, supporting outlook
China says Hamas and Fatah express will for reconciliation