TOKYO, Dec. 17 (Xinhua) -- Corporate bankruptcies in Japan rose in November for the 19th consecutive month, according to a recent survey by a credit research company.
A total of 773 Japanese companies began legal liquidation proceedings in November, marking the second consecutive month of year-on-year growth of at least 30 percent, Japan's Teikoku Databank said in its latest online report.
The total number of bankruptcies from January to November came to 7,691, it said.
By industry, the number of bankruptcies increased year-on-year in six of seven industries. The service industry had the largest number with 196, followed by retail with 170 and construction with 141, the data showed.
The bankruptcies came as interest-free loans taken out for pandemic relief started to come due for many firms and the deferment period for the social welfare premium has also ended.
Related articles:
Related suggestion:
Sydney attack victims include a mother who saved her baby, a Chinese grad student and an architectBoeing plane makes emergency landing after engine cover falls offStudents from United States and Fuzhou University Visit Kuliang in SE China's Fujian2025 Asian Winter Games to Highlight Environmental Protection, TechnologyDistrict Promotes Family EducationS. Korea's opposition party overwhelmingly leads exit polls in parliamentary elections'Small Zoo' in Qingdao Welfare House Brightens Children's LifeRussian FM to visit China2 civilians injured by Israeli aerial attack in Syrian capitalKnowledge Contest Promotes Protection of Women's Rights
0.1179s , 6495.0078125 kb
Copyright © 2024 Powered by Bankruptcies in Japan rise for 19th month ,Earth Essence news portal