BANKRUPTCIES IN JAPAN LIKELY TO RISE IN 2020

Highlights

• It is being forecasted that such cases may exceed 10,000 this year
• It is the highest since 2013

In 2020, companies in Japan declaring bankruptcy will likely climb to the most in seven years. It further puts pressure on the economy already hurt by the coronavirus pandemic. It is being forecasted by Tokyo-based Teikoku Databank Ltd. It suggested that such....