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Why Japan's government is pushing casinos (even though most Japanese don't want them)

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Japan’s parliament has just legalized casino gaming even though most Japanese oppose it. Here’s why.

Lawmakers in the upper house sent the bill over its final hurdle early Thursday, even though polls have repeatedly shown more than half of Japanese oppose it, in large part on concerns over the social ills that often go hand-in-hand with gambling.

The bill was the culmination of years of effort, with Prime Minister Shinzo Abe advocating for the measure since taking office in 2012 as part of Abenomics, or Abe’s plan to boost growth in the country’s long-moribund economy.

Allowing casinos as part of integrated resorts will provide a longer-term boost to the economy, even though they’re unlikely to open before 2022, analysts said.

“Immediately, it’s going to provide a buffer for after the Olympics,” which Tokyo will be hosting in 2020, Jesper Koll, CEO of WisdomTree Japan, told CNBC’s “The Rundown” on Wednesday.

“Once the buildings for the Olympics are being built, then the next construction boom is going to be the integrated resorts.”

Others also pointed to the building boom.

“While the government’s intention is probably allowing only one or at max two per city in Japan, these would be very sizeable investments,” noted Richard Huang, a China gaming, lodging and leisure analyst at Nomura, told CNBC’s “Squawk Box” on Wednesday. “We’re talking about multi-billion dollar investments.”

After the construction boom, analysts expected the economy would continue to see a boost from increased tourism, which has been a key goal of Abenomics.

The number of visitors to Japan has already climbed to a record high, rising to 20.1 million in the January-October period, up 23.3 per cent on-year.

Analysts expected that the integrated resorts would help Japan continue to draw tourists.

Countries across Asia have eyed Singapore’s integrated casino-resort model as a template for allowing casino gaming as it can help to attract a larger variety of tourists than merely gamblers.

Martin Schulz, senior economist at Fujitsu Research Institute, pointed to the success of Tokyo Disneyland.

“This is providing really a magnet to international tourism; it is providing a magnet for families to get out.

This is extremely successful,” he told CNBC’s “Street Signs” on Wednesday.

“If this can be extended for a bit more adult entertainment, this is where the Abenomics focus is really on right now.”

Estimates of how much the casino gaming will contribute to Japan’s economy vary widely, but the numbers were still large.

CLSA estimated gaming revenue would come in as high as $40 billion a year, while Morgan Stanley forecast a more modest $20 billion.

But that wouldn’t be entirely from foreign tourists to Japan.

“The inbound tourism contribution would definitely be sizable, but a large part should be contributed by locals as well,” Nomura’s Huang noted.

“No one should question the appetite to gamble in Japan considering that there is a pseudo form of gaming that is pachinko, which has been racking up already $20 billion of revenues on an annual basis.”

Pachinko machines are a combination of both pinball and slot machines, popular in Japan since the 1940s.

Players pay for small steel balls to add to the machine.

Some machines are passive, with players watching to see whether the balls land in winning holes and others are more like pinball machines.

Winning plays are paid out as balls. Because gambling for money has been illegal, players usually exchange their winning balls for prizes.

Huang noted that Japan’s home market already has the ingredients for a successful launch of casino gaming: “the population in the country is huge, 130 million people, which possess a lot of wealth as well and very densely populated in major cities.”

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In pictures: The making of Chinese New Year Street Light-Up 2017 lanterns

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SINGAPORE: The year of 2016 is still edging to a close, but preparations for 2017’s Chinese New Year Street Light-Up in Chinatown are already under way.


A highlight for next year’s show: More than 4,000 handcrafted lanterns – the largest number for the event yet. The lanterns are inspired by 2017’s zodiac figure – the Rooster – and were designed in collaboration with 14 first- and second-year students from the Singapore University of Technology and Design (SUTD).

These SUTD students are part of the team who spent five months to design and produce the lanterns. (Photo: Winnie Goh)

Forty skilled craftsmen hailing from different parts of China have already started work on the lanterns, and will continue to do so till January next year. Chinese New Year in 2017 falls on Jan 28 and 29.

The lantern displays will represent different stages of the rooster’s life and values such as filial piety. (Photo: Winnie Goh)

Speaking to Channel NewsAsia on Wednesday (Dec 14), SUTD student Jonathan Ng described how he and his team developed the design for the celebratory light-up.

“The rooster has always been the keeper of time. We wanted to explore this concept of time through five life stories. As one walks through Eu Tong Sen street, you see the rooster growing from a young chick, experiencing these different life stories and actually emerging as this 12m-tall majestic rooster,” the 22-year-old explained.

A craftsman works on a giant rooster head – part of the centrepiece for next year’s celebrations. The 12m-tall lantern will sit at the junction of Eu Tong Sen Street and Upper Cross Road. (Photo: Winnie Goh)

A few of the completed chicks and peony decorations. More than 4,000 lanterns are in the works. (Photo: Winnie Goh)

Life values have also been incorporated into the light up’s design. For example, the giant rooster centrepiece will represent leadership, wisdom and maturity the rooster has gained from growing up.

This is SUTD’s sixth collaboration with Kreta Ayer-Kim Seng Citizens’ Consultative Committee.

A craftsmen working on a peach blossoms lantern that will be displayed along South Bridge Road. (Photo: Winnie Goh)

Next year’s street light-up will span 600m along New Bridge Road and Eu Tong Sen Street and 280m along South Bridge Road. (Photo: Winnie Goh)

The theme of 2017’s Chinese New Year celebrations is “Rise to Good Fortune & Prosperity”. The festival light up will run along New Bridge Road, Eu Tong Sen Street, South Bridge Road and Garden Bridge from Jan 7 to Feb 25 next year. 

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Philippines' President Duterte to 'be on best behaviour' in Singapore

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Controversial Philippine President Rodrigo Duterte may contain his signature colorful language when he arrives in Singapore for a two-day state visit on Thursday.

Like the US, Pope Francis and countless others, the Southeast Asian nation has also been a victim of the President’s verbal tirades. Last year, the 71-year old recalled how he burned a Singapore flag in 1995 to protest against the execution of a Filipina maid.

“F*** you…You are a garrison pretending to be a country,” he said in a Nov. 2015 speech, referring to the city-state.

Singapore doesn’t take too kindly to insults. In the past, the country’s leaders have sued and won damages or out-of-court settlements from foreign publications, including the International Herald Tribune, Wall Street Journal, Bloomberg and The Economist, for defamatory allegations.

Duterte, who met with Cambodia’s government earlier this week, isn’t expected to apologise for his remarks, but he may be extra-cautious on this trip.

“I expect him to be on his best behaviour in Singapore,” said Murray Hiebert, Southeast Asia specialist at the Centre for Strategic and International Studies.

Read also: 10 of Philippines’ President Duterte’s most undiplomatic remarks

The bilateral visit is aimed at expanding business ties, deepening defence and security co-operation as well as discussing key issues facing the region, so “having fruitful discussions in these areas will require that he not set his interlocutor teeth on edge with abusive name calling,” Hiebert added.

Duterte will also be holding a session with Singapore’s Filipino residents on Friday, a common practice of his when travelling abroad. There were an estimated 140,000 Filipino workers in Singapore last year, according to Philippine statistics, many of whom are employed as domestic helpers.

Cases of maid abuse are all too frequent in the nation-in March, a Singaporean couple faced charges of failing to adequately feed their Filipina maid-and given Duterte’s remarks in the past, it’s a topic he may raise.

Though the President tends to be the most colorful on his overseas trips, especially when giving speeches to overseas Filipino workers, it’s unlikely he will mar his first visit to Singapore by controversial tirades against the island-nation, noted Malcolm Cook, senior fellow at the ISEAS-Yusof Ishak Institute, a think-tank specialising in Southeast Asia.

While the President has attracted criticism overseas-human rights activists have accused him of state abuse over the extrajudicial killings from his narcotics crackdown-he remains immensely popular among Filipinos, who praise him for tackling a key source of crime and violence. Nearly 6,000 have died since the war on drugs began in July, out of which 3,841 were vigilante-style killings, according to new Philippine police data on Monday.

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With no concrete deals expected on this Singapore trip, foreign policy could feature prominently on the agenda.

“Singapore will likely be very interested in Duterte’s policy, particularly towards the US and China,” said Cook, referring to the Philippine leader’s efforts to distance himself from Washington and cosy up to Beijing.

The Philippines will also be chairing the Association of Southeast Asian Nations (ASEAN) bloc next year, followed by Singapore in 2018, so discussions on regional diplomacy are also likely.

“Presumably, there are concerns in the region of a more inward-looking US foreign policy in the coming years under President-elect Trump, so leaders may prioritize strengthening defence ties,” explained Kevin McGahan, political science lecturer at National University of Singapore.

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Lee Byung-hun to tackle boxer role

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Lee Byung-hun may portray a boxer for his next role, attempting another radical transformation in his prolific acting career.

Though he has yet to officially sign on, Lee is working out the specifics to star in Choi Sung-hyun’s “Only That is My World” (unofficial title) for his next project, a local entertainment outlet reported Wednesday.

Lee will be playing bygone boxer Jo-ha whose younger brother Jin-tae is a piano virtuoso.

The film will tell a story of reconciliation between the brothers and their complicated mother, In-sook.

Reports are speculating whether the film could become the Korean equivalent to “Rain Man,” Barry Levinson’s highly praised 1988 film about an abrasive older brother and his autistic sibling.

The film will be produced by JK Film and distributed by CJ Entertainment.

Lee has several movies lined up for the upcoming months.

He stars in political thriller “Master,” set to open locally on Dec. 21.

He has finished filming “Single Rider” (unofficial title), directed by Lee Joo-young, and is currently filming “Namhansanseong” (unofficial title), which is directed by Hwang Dong-hyuk.

Read also: Lee Byung Hun’s 8th nomination finally hits Best Actor jackpot at Blue Dragon Film Awards

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Big Bang wants to enjoy last moments before military service

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No matter how successful he may be, it is the inevitable destiny of every Korean male K-pop star to halt his career and join the mandatory military service.

Megastar group Big Bang is no exception.

The group has reaped worldwide success since its debut 10 years ago.

Reported to have raked in US$44 million(S$63.2 million) this year, the five-member band ranked No. 54 on Forbes’ list of celebrity earnings, becoming the first Korean act to make the list.

“It still doesn’t feel real,” said Big Bang’s rapper T.O.P. on his upcoming military service in February, at an interview at the Seoul headquarters of YG Entertainment, the group’s label, on Tuesday.

“It’s something that I have to do,” he said. “I’m just trying to make the most of every day before I go and reach out to fans.”

Big Bang returned with a third LP, “Made The Full Album” on Tuesday, though the group has been active through various units — such as the rapper duo GD & T.O.P — and singles throughout the years.

The new album contains three new tracks — “Fxxx It,” “Last Dance” and “Girlfriend” — and eight tracks that were released as singles last year, including “Bae Bae” and “Bang Bang Bang.”

The group will continue with on-air and on-stage promotional activities for the album until T.O.P’s February departure.

After that, the remaining group members who have all yet to complete their military services will enlist “one after the other,” said G-Dragon. “It’s only a matter of when.”

“It’s the duty of every Korean man,” said Seungri. “And that includes Big Bang. We all agree on that.”

The members spend a lot of time discussing the group’s future these days, often wondering if they’ll be able to regroup years later.

“We tell each other, let’s walk away from this anytime we lose confidence (in our art,)” said T.O.P. “But I think we’re able to say that because we have that much trust in each other.”

Since its 2006 debut with “This Love,” the group has infused mainstream K-pop with an eclectic, hip-hop-based sound.

Read also: Big Bang thrashes music charts

It has also set itself apart from other K-pop groups with its self-production skills — G-Dragon composes a large portion of the group’s songs.

The 28-year-old rapper, recently invited by French luxury brand Chanel to its show at The Ritz Paris as a brand ambassador, has also been hailed as a fashion icon by global designers.

“This is very likely the last album that all five of us will make together for a long time,” said G-Dragon.

“We tried to have fun with it,” he said. The music video for “Fxxx It,” for example, features the members stripped of their usual pop star glam, loitering in alleyways in retro outfits.

“We see Harlem streets in American music videos and we think it’s really cool,” he said.

“So although these settings might feel commonplace to Korean viewers, it might feel fresh and new to foreign viewers.”

The music videos for “Fxxx It” and “Last Dance” were also launched Tuesday, reaching some 4 million and 2 million views, respectively, in just 10 hours on YouTube.

YG Entertainment’s in-house producer Teddy, Big Bang’s G-Dragon, and R.Tee composed the title track “Fxxx It.”

Its lyrics, more playful than the group’s other songs, are written by Teddy, G-Dragon and T.O.P.

The group will hold a farewell concert titled “Bigbang 10 The Concert: 0 To 10 Final in Seoul” on Jan. 7 and 8 at the Gocheok Skydome.

Read also: Big Bang to do military service

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South Korea plastic surgery clinics bank on unlikely celebrity: President Park

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Kim Young-jae, who heads a hospital which was regularly visited by South Korea's impeached President Park Geun-hye's longtime confidante Choi Soon-Sil, looks at a combination of pictures of Park during a hearing at the National Assembly in Seoul on December 14, 2016. The text on the poster reads "The photos are comparing Park's face around May 13th". South Korea's embattled president was visited by "shadowy", unchecked doctors for anti-ageing treatments including injections of human placenta extract, a parliamentary enquiry into a growing corruption scandal heard on December 14. / AFP PHOTO / POOL / AHN Young-Joon

 

Plastic surgery and dermatology clinics in South Korea are looking to cash in on President Park Geun-hye’s enthusiasm for “aesthetic injection” treatments, including one with human placental extract, despite her deep unpopularity.

Parliament impeached Park last week, and depending on a Constitutional Court ruling in coming months, she could become the first democratically elected South Korean leader to get turfed out of office in disgrace.

But her political woes have not taken the shine off her pulling power in the beauty business.

“This is hot!,” a plastic surgery clinic in suburban Seoul said in an advertisement, referring to treatment Park is known to have got at another beauty and detox clinic.

“More and more people are asking about this after reports the president received it,” the clinic said in its advert.

Another advertisement for a dermatology clinic features a depiction of the presidential Blue House.

Plastic surgery and beauty procedures are hugely popular in South Korea.

Park’s use of injection treatments, which enthusiasts say fight aging and whiten the skin, has been made public as her political problems have mounted, with her behaviour being scrutinized in parliamentary hearings into the influence-peddling scandal that led to her impeachment.

Park, 64, has been stripped of her presidential powers while the court reviews last Friday’s parliamentary impeachment vote, and her approval rating has sunk to just 5 per cent, according to a survey released last week.

But that has not dented her status as a role model – at least for some.

“More people are coming to get these shots since it’s been known the president uses them,” said a consultant at another plastic surgery clinic selling a programme of “VIP” injections, each one costing about 100,000 won (S$122).

“Whether you like her or not, her status as the president makes people want to follow her, like they follow Beyonce,” said the consultant, who declined to be identified.

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Jung Yong-hwa to make Chinese movie debut in January

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Singer-actor Jung Yong-hwa will make his Chinese silver screen debut on Jan. 28, according to Emperor Motion Pictures.

The Hong Kong-based entertainment firm released posters featuring six actors through its Weibo account on Tuesday, with 27-year-old Jung as one of them.

In the cooking-themed comedy film “Emperors Cook Up a Storm,” Jung plays a chef from a Michelin-starred restaurant who clashes with an anonymous cook, played by Nicholas Tse, in a cooking duel.

The release date falls on Chunjie, Chinese Lunar New Year’s Day, known as the peak season for Chinese theatres

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Foreign workers pull trapped man out of van

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Mr Terrence Tang, 26, was in a van and waiting for a traffic light to turn green when he heard branches falling and a police officer yelling: “Get out.”

He stepped on his accelerator and his van lurched forward.

A moment later, a giant tree came crashing down on his van, crushing the rear of the vehicle.

“If I did not move my van in time or if I were just a little bit slower or did not react quickly enough, I would have been dead,” Mr Tang told The New Paper.

(Above) Mr Terrence Tang says he would have died if he had not moved his vehicle in time.Photo: WANBAO

“The tree was around 20m-tall and fell over eight lanes.”

His close shave happened at 8pm on Tuesday along Aljunied Road.

The director of Yellow Inch, a T-shirt printing company, said he was driving towards his office in Woodlands at the time and had about $5,000 worth of goods in his van.

He said: “I was so shocked and wanted to get away. I could not see the tree because it was on the back of my vehicle.

“The door was stuck and I was trapped.”

PULLED OUT

A group of foreign workers helped pull him out through the van’s window.

“They also asked if I was okay after I got out,” he said.

Mr Tang said he had no injuries from the freak accident, but was taken to the hospital later that evening after he vomited several times.

He was told he had a concussion and was given painkillers before he was discharged.

His wife Jowell Chua, 26, who runs a bridal shop, said: “I was worried and concerned when I first got a call from my husband, telling me about the accident without explaining the details.

“He was shivering and looked very traumatised when I first saw him.

“I was worried when I noticed that he was speaking very slowly, which is very unlike him.”

Now, Mr Tang is worried the delivery costs of sending the T-shirts to his clients will go up.

“We are mainly providing uniforms and gifts to corporate clients, hence the quantity is usually larger. For example, we have an order for a few thousand pieces that needs to be delivered next week.

“It usually fills the whole van, and sometimes we even have to make two trips using the van,” he said, adding he would need to use his own car or rent a van to deliver orders for now.

“We might have to make a few trips just to deliver one order, and we usually send around 10 orders a day.

“So the fuel and time spent is going to add on to the losses.”

myklim@sph.com.sg

 


This article was first published on Dec 15, 2016.
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10 new locations to be Silver Zones: LTA

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PRISCILLA GOY, THE STRAITS TIMES

Road safety features for the elderly will be installed at 10 more locations by 2019, under the award-winning Silver Zone road safety scheme.

The Land Transport Authority (LTA) said yesterday it has identified these new sites, which include places like Chai Chee Road and Whampoa Drive. It added that the sites for another 25 zones, to be ready by 2023, will be identified later.

There are now nine such zones. Six more will be completed by next year.

In general, areas chosen for the scheme are those with a high population of senior residents, relatively higher accident rates involving seniors, and amenities which they frequent, such as wet markets.

Earlier this week, this scheme won an international award – the Prince Michael International Road Safety Award.

In Silver Zones, speed limits are reduced to 40kmh and motorists are informed through road markings, signs and “rumble” strips, which alert drivers when their wheels go over them.

Two-stage crossings are also built, so pedestrians need to check the traffic from only one direction, and have a safety refuge in the middle of the road.

There are “pinch points” at these crossings, with narrower roads to get cars to slow down.

 

UPCOMING

Elder-friendly road zones to be ready in 2018 or 2019:

Jurong West Avenue 1

Whampoa Drive

Upper Boon Keng Road

Tampines Street 32 and 33

Lorong 5 Toa Payoh

Woodlands Ring Road, Woodlands Drive 63 and 71

Bukit Panjang Ring Road

Teck Whye Lane

Chai Chee Road

Hougang Street 21

goyshiyi@sph.com.sg

 


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Shorter wait for BTO flats from 2018

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Minister: 17,000 flats to be launched next year

Young couples will get to move earlier into their build-to-order (BTO) flats launched from 2018.

In a blog post yesterday, Minister for National Development Lawrence Wong said that he has asked the Housing Board (HDB) to plan and prepare the land for several new sites, which can subsequently be put out as BTO units with shorter waiting time.

He also gave several updates about the public housing situation – 17,000 new flats will be launched next year, a slight dip from the 18,000 flats offered this year.

Mr Wong wrote: “We are gradually tapering supply but still ensuring a healthy pipeline to meet demand. Once again, we will offer a good spread across mature and non-mature estates.

“This will give buyers a range of choices, including young couples who wish to live near their parents, or the elderly who want to right-size and age in place.”

He urged young families to apply for BTO flats in non-mature estates to increase their chances.

This year, an average of two first-timer applicants vied for each three-room or bigger flat in non-mature estates.

At the latest launch in November of more than 5,100 BTO flats in Bedok, Kallang, Bidadari and Punggol, the first-timer application rate was 1.5 times for Punggol, a non-mature estate.

In comparison, almost 11 applicants vied for each of the 158 four-room units in the Kallang Residences project, reported The Straits Times last month.

Photo: TNP INFOGRAPHICS

Experts think BTO flats with shorter waiting times will likely be launched in non-mature estates and appeal to young couples with smaller budgets.

ERA key executive officer Eugene Lim told The New Paper: “For young couples, the shorter waiting time and lower price, instead of location, would be the main draw.”

He suggested Punggol and the newly launched Tengah HDB town as possible sites.

“There might be minor hiccups for the first takers, but eventually each HDB town is meant to be self-contained. Punggol is a good example of an estate that has transformed into an attractive location,” he said.

To reduce the wait time for BTO flats, HDB could begin construction before launching them for sale, said Mr Lim.

“This is judging from the responses at recent BTO sales launches, especially for those in mature estates.”

R’ST Research director Ong Kah Seng thinks that HDB could consider adding a few more blocks to BTO projects currently under construction.

He said: “It could work if there is a small, excess plot of land at the site (because) there is already demand for the project. Alternatively, HDB can start preparing reserve land sites way in advance, in terms of assessment and getting interest from contractors.”

linheng@sph.com.sg

 


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