Japan's 'izakaya' dining bars, wedding halls feeling COVID pinch


  • World
  • Friday, 09 Apr 2021

FILE PHOTO: A staff member of an Izakaya, a Japanese-style dining bar, prepares to close around 20:00 local time, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan February 2, 2021. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) - The number of Japan's "izakaya" dining bars that went bankrupt hit a record high in the year that ended in March, a sign some service-sector firms are being left behind even as the economy emerges from the shock of the coronavirus pandemic.

A rebound in global growth and domestic consumption has helped the world's third-largest economy recover from the doldrums, with business confidence improving to pre-pandemic levels in the first quarter.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Mozambique's president says northern town under Islamist attack
Casualties reported in Chad from gunfire celebrating junta leader's victory
Turkey reopens ancient church with prized mosaics to Muslim worship
Indigenous groups claim stake in sunken Spanish ship, cargo off Colombia
Greece to bring in Egyptian farm workers amid labour shortage
Opposition leaders in India's Kashmir accuse government of sabotaging their campaigns
India's opposition jubilant as Modi critic Kejriwal gets bail to campaign in elections
Polish PM reshuffles cabinet ahead of European elections
Taiwan rattled by 5.8 magnitude earthquake, no immediate reports of damage
Russian missile strike sets houses ablaze in Ukraine's Kharkiv, officials say

Others Also Read