Tokyo Olympics: Are organisers prioritising revenue over safety as cases of COVID-19 surge? manxradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manxradio.com Daily Mail and Mail on Sunday newspapers.
Spread the love
ASIA:
China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging population. Births dropped 15% last year, a fourth-straight year of decline. China began loosening its strict one-child policy about six years ago after imposing it in the 1980s.
Suntory CEO Takeshi Niinami said the Olympics are losing their commercial value. He said that his company decided against being a sponsor of the upcoming Tokyo Games, saying it was “too expensive.”
endIndex:
(CNN) One of Japan s most prominent business leaders says the Olympics are losing their commercial value.
Suntory CEO Takeshi Niinami told CNN Business in an exclusive interview on Monday that his company decided against being a sponsor of the upcoming Tokyo Games, saying it was too expensive. We thought of being an Olympic partner . but the economics didn t match up, said the chief of the Japanese beverage giant, which is home to brands such as Orangina and Jim Beam bourbon.
Instead of signing on as an official sponsor, Suntory chalked out another route to increase its visibility during the Games, which start this Friday: the Tokyo-based company planned to tie up with restaurants and bars around the sporting venues to promote its drinks, and open several establishments to serve its products exclusively.
Why Netflix isn t pressing the panic button cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
The 2021 Olympics Are Turning Into a $20 Billion Bust for Japan
10 The 2021 Olympics Are Turning Into a $20 Billion Bust for Japan
Host nation expected an economic windfall and global recognition. But amid pandemic, a disgruntled populace just wants it all to go away.
published : 22 Jul 2021 at 10:05
10 Yoyogi National Stadium, the venue for handball, badminton and wheelchair rugby during the Tokyo 2020 Olympic and Paralympic Games in Tokyo, where matches will be played without spectators. (Photo: Bloomberg)
When Toyota Motor Corp. said this week it wouldn t run any ads in Japan tied to the Olympics, it sent a message louder than any TV commercial about the host nation s grim mood.