{"id":31621,"date":"2022-07-11T06:18:25","date_gmt":"2022-07-11T09:18:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=31621"},"modified":"2026-04-23T06:59:02","modified_gmt":"2026-04-23T09:59:02","slug":"okada-manila-says-foot-traffic-up-8-in-june","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okada-manila-says-foot-traffic-up-8-in-june","title":{"rendered":"Okada Manila says foot traffic up 8% in June"},"content":{"rendered":"\n

Okada Manila has reported an improvement in business amid a reopening of borders in the Philippines.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0Okada Manila\u00a0<\/strong>says it saw an increase in business in June, with foot traffic rising 8 per cent from the previous month to around 74 per cent of its pre-pandemic level.\u00a0According to Reuters, the company announced it is planning to open more shops and add entertainment attractions.<\/p>\n\n\n\n

The management team said: “With the economy and borders opening up, Okada Manila is expected to sustain the momentum.”<\/p>\n\n\n\n

In May,\u00a0Kazuo Okada regained control of the casino resort<\/a>\u00a0after the Philippines Supreme Court ordered a\u00a0Status Quo Ante Order (SQAO)<\/strong>, restoring him as the CEO of Okada Manila.\u00a0The board that was ousted has sued the Okada group, claiming that force and intimidation were used to take over the property.\u00a0<\/p>\n\n\n\n

Kazuo Okada has denied the claims<\/a>, stating that he was not involved in any illegal or violent action. Okada said his group negotiated with Hajime Tokuda, who was present at the time. <\/p>\n\n\n\n

He said: \u201cDuring the negotiation process, there were no slanderous or violent acts, and we presented the Supreme Court\u2019s decision and proceeded with peaceful discussions.\u00a0<\/p>\n\n\n\n

\u201cTokuda peacefully surrendered his ID and left the conference room. However, when Tokuda\u2019s lawyers, led by Atty. Estrella Elamparo arrived outside the conference room, they intentionally shouted and made it seem as if we were violent, intentionally making it seem as if there was a dispute.\u201d<\/p>\n\n\n\n

Okada said he is preparing to file a lawsuit against Tokuda for what he considers to be a violation of the Supreme Court\u2019s order in his favour.<\/p>\n","protected":false},"excerpt":{"rendered":"

Okada Manila has reported an improvement in business amid a reopening of borders in the Philippines.<\/p>\n","protected":false},"author":176,"featured_media":25407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Okada Manila reports an operational recovery with increased foot traffic following border reopenings in the Philippines, signaling positive market momentum. This business improvement is juxtaposed with a significant corporate governance dispute, as Kazuo Okada's Supreme Court-ordered reinstatement as CEO is challenged by the ousted board, alleging forceful takeover, which Okada vehemently denies. The situation introduces considerable legal and leadership uncertainty for the integrated resort's future trajectory.","focusai_entities":"Okada Manila, Kazuo Okada, Hajime Tokuda, Estrella Elamparo, Reuters","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.85), compliance_legal (0.95), operator_casino (0.8), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Legal Implications of SQAO","query":"What are the specific legal precedents and long-term governance implications of the Philippines Supreme Court's Status Quo Ante Order on Okada Manila's corporate structure and operational continuity?"},{"label":"Operational Stability Outlook","query":"How might the ongoing corporate leadership dispute and impending lawsuits impact Okada Manila's projected GGR, NGR, and capital expenditure plans, despite the reported increase in foot traffic and border reopenings?"}],"footnotes":""},"categories":[157,158,16333],"tags":[8986],"class_list":["post-31621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=31621"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31621\/revisions"}],"predecessor-version":[{"id":31626,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31621\/revisions\/31626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25407"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}