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Economy

Tokyo to pay more to businesses that stay shut until May 31

Gov. Koike announces aid to shop owners starting at $4,700

Tokyo's Kabukicho entertainment district is almost devoid of people on April 13 after the government announces a state of emergency.   © Reuters

TOKYO (Kyodo) -- The Tokyo metropolitan government said Tuesday it will give more financial aid to small and medium-sized businesses in the capital that agree to its request to suspend operations until the end of this month in an effort to prevent the further spread of the new coronavirus.

The policy for the Japanese capital came a day after Prime Minister Shinzo Abe extended a nationwide state of emergency, originally due to expire on Wednesday, through May 31.

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