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  • AirAsia plans to launch fintech products

    DAVAO, Philippines -- AirAsia said Friday it plans to launch mobile payment services and other businesses, taking advantage of its growing brand recognition as it expands its footprint in the region.The Malaysian budget carrier said the plans are pa

    July 21, 2017 10:00 pm JST
  • Maxis second-quarter net profit rises nearly 18% on lower costs

    KUALA LUMPUR (Nikkei Markets) - Maxis, Malaysia's second-largest mobile telecom company by revenue, Thursday reported a near 18% annual rise in second quarter net profit, and reiterated its flat annual service revenue guidance for the year amid inte

    July 20, 2017 09:11 pm JST
  • Hashtag Travelers

    Asian millennials are booking their own adventures

    BANGKOK -- What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted

    July 20, 2017 10:01 am JST
  • Asian millennials are booking their own adventures

    BANGKOK What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted to

    July 20, 2017 10:00 am JST
  • Fintech factor key to Southeast Asian banks' growth

    BANGKOK Southeast Asia's banking industry must embrace the digital revolution, including the rise of fintech, to seize opportunities to cater to the region's growing middle class, business leaders said at a panel session of the forum.One of the keys

    July 20, 2017 10:00 am JST
  • Asia a bright spot in an uncertain world, say ASEAN business leaders

    BANGKOK Growing protectionist sentiment in the West and a volatile security situation in the Middle East have made Asia into a relative bright spot in an otherwise bleak global environment, according to participants at a business forum in the Thai c

    July 20, 2017 10:00 am JST
  • Singapore, Malaysia stocks edge higher as regional markets advance

    SINGAPORE (Nikkei Markets) -- Singapore shares rose for a fifth straight day on Wednesday, aided by a rally in real estate stocks following a decline in U.S. bond yields. Malaysia stocks edged higher along with most regional markets.U.S. stocks ende

    July 19, 2017 08:15 pm JST
  • Hong Kong shares flat ahead of US, China data

    HONG KONG (Nikkei Markets) -- Hong Kong shares were little changed Friday morning as investors awaited key data from the world's two largest economies.The Hang Seng Index added less than 0.1% to reach 26,364.21 after changing direction a few times.

    July 14, 2017 03:12 pm JST
  • Gianfranco Casati: Digital readiness can make all the difference for emerging Asia

    Forecasting the success or failure of emerging markets is a tricky game. Attempts have seen the creation of acronyms like BRICs and MINTs, and such markets have been the source of dreams dating back to Marco Polo. For every index that suggests renew

    July 13, 2017 10:00 am JST
  • FT Confidential Research

    Asean-5 survey shows little faith in political leaders

    Citizens across the Asean region see little cause for confidence in their governments, according to FTCR's Asean Political Sentiment Indices for the second quarter of this year.The index fell in three of the five countries surveyed, with only the Ph

    July 13, 2017 09:00 am JST
  • Lotte Chemical Titan shares end below IPO price on lacklustre debut

    KUALA LUMPUR (Nikkei Markets) - Lotte Chemical Titan Holding, the Malaysian unit of petrochemical giant Lotte Chemical Corp, fell on its trading debut on Tuesday amid weak investor appetite after the company cut size of the country's largest initial

    July 11, 2017 08:21 pm JST
  • Bank Mandiri to expand in Malaysia as first 'ASEAN bank'

    JAKARTA -- Bank Mandiri will expand operations in Malaysia by using its newly awarded status as a cross-regional lender, Indonesia's largest state-owned bank said Thursday.Mandiri said it is the first bank in the region to be designated a qualified

    July 7, 2017 01:21 am JST
  • Gianfranco Casati

    Digital readiness can sustain growth of emerging Asia

    Forecasting the success or failure of emerging markets is a tricky game. Attempts have seen the creation of acronyms like BRICs and MINTs. They have been the source of dreams dating back to Marco Polo. For every index that suggests renewed optimism

    July 5, 2017 09:00 am JST
  • Lotte Chemical cuts size of Malaysia's biggest IPO since 2012

    KUALA LUMPUR (Nikkei Markets) - Lotte Chemical Titan Holding, the Malaysian unit of petrochemical giant Lotte Chemical Corp, is shrinking the size of its initial public offering amid concerns over valuation of the country's largest listing in five y

    July 3, 2017 07:51 pm JST
  • Singapore companies aim to nab high-speed rail project

    SINGAPORE -- Six local companies have formed a consortium, hoping to join a project to build a high-speed railway between this city-state and Kuala Lumpur.The consortium consists of DBS Group Holdings, the leading Singaporean bank; railway operator

    July 3, 2017 05:36 am JST
  • Maxis asked to scrap network sharing pact with smaller rival U Mobile

    KUALA LUMPUR (Nikkei Markets) - Maxis, Malaysia's second-largest mobile telecom firm by revenue, Wednesday said rival U Mobile has asked to end a network sharing deal that was billed as a "landmark multi-billion ringgit agreement" when it was signed

    June 28, 2017 08:05 pm JST
  • China's Geely buys big stakes in Proton, Lotus for discounted price of $235m

    KUALA LUMPUR -- Chinese automaker Zhejiang Geely Holding Group agreed on Friday to purchase stakes of 49.9% in Proton Holdings of Malaysia and 51% in Lotus of the U.K., both owned by Malaysian automotive group DRB-Hicom, for a total of $235 million.

    June 23, 2017 06:30 pm JST
  • Itochu, Lippo team up to run Southeast Asian hospitals

    TOKYO -- Itochu will join hands with Indonesian conglomerate Lippo Group to operate hospitals in Southeast Asia, aiming to capitalize on the region's growing demand for advanced medical services offered by the private sector.The Japanese trading hou

    June 23, 2017 02:55 am JST
  • AirAsia orders 14 A320ceo planes from Airbus to meet rising demand

    KUALA LUMPUR (Nikkei Markets) - Malaysia's AirAsia, Southeast Asia's largest discount carrier by fleet, said Thursday it is ordering 14 A320ceo planes from Airbus as part of its fleet expansion plan to meet rising regional demand.The latest order, w

    June 22, 2017 08:03 pm JST
  • Oil slump hits Asian stocks, eclipsing MSCI's A-share inclusion

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan retreated as an overnight slide on Wall Street and drop in global oil prices overshadowed MSCI's decision to include China's domestic shares in its global indexes.The Nikkei Asia300 Index o

    June 21, 2017 02:37 pm JST