Money News

SoftBank offers $19 COVID-19 tests to companies, governments

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) - SoftBank Group Corp said on Thursday it would offer COVID-19 tests to corporations and local governments for 2,000 yen ($19) per person as Chief Executive Masayoshi Son steps up the provision of virus countermeasures.

SoftBank has conducted polymerase chain reaction (PCR) testing of its staff and has set up a testing centre near Tokyo with initial capacity of 4,000 tests per day.

Other pandemic measures by billionare entrepreneur Son include procuring masks from China’s BYD Co Ltd.

Reporting by Sam Nussey; Editing by David Dolan