Shoko Chukin Bank raided over shady loans

May 24, 2017

Shoko Chukin Bank raided over shady loans

Government officials Wednesday raided the offices of Shoko Chukin Bank, a state-linked lender for small and medium-sized firms, over improper loans issued under a state-backed program to help crisis-hit companies. The Financial Services Agency, the Ministry of Economy, Trade and Industry and the Finance ...

May 21, 2017

70% hand over personal data in Fukuoka e-receipt trial

In a surprise, nearly 70 percent of shoppers in a Fukuoka town agreed to provide their names, addresses, purchase histories and other personal information for the government’s first experiment with electronic receipts, it has been learned. The Ministry of Economy, Trade and Industry, which ...

Apr 24, 2017

Government may pull plug on a quarter of clean-energy projects

About a quarter of all approved clean-energy projects in Japan may no longer qualify for government incentives after failing to meet a deadline to secure grid access, according to preliminary estimates from the Ministry of Economy, Trade and Industry. About 456,000 projects totaling 27.7 ...

Shrub fire outside METI leads to arrest of anti-nuclear activist

Jan 17, 2017

Shrub fire outside METI leads to arrest of anti-nuclear activist

Shrubbery outside the Ministry of Economy, Trade and Industry was set on fire, scorching the wall of a nearby subway station building, police said. They arrested a 78-year-old anti-nuclear activist for allegedly starting the blaze Monday and damaging private propery. The suspect, Taichi Masakiyo, ...

Sep 29, 2016

Pay-by-fingerprint system to be tested at tourism hot spots

The Ministry of Economy, Trade and Industry is set to test a system allowing travelers to make payments at popular tourist spots using only their fingerprints. The trial, to start in popular destinations such as Hakone and Yugawara in Kanagawa Prefecture, will be part ...