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  • 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
  • Record foreign reserves move Indonesia past 'fragile' status

    SINGAPORE -- With the rupiah strengthening against major currencies and the country's foreign reserves soaring to a record high in May, Indonesia hopes to leave behind the "fragile five" moniker given to several emerging economies heavily dependent

    June 22, 2017 01:14 pm JST
  • Learning the lessons of the Asian financial crisis

    BANGKOK/JAKARTA/MANILA In June 1997, Sirivat Voravetvuthikun found himself selling sandwiches on the streets of Bangkok. The former high-flying stock investor had lost everything when his project to build luxury condos went belly-up.At a loss for ho

    June 22, 2017 10:00 am 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
  • Indonesia's Starbucks operator looks for $2.8m in IPO

    JAKARTA -- Starbucks' Indonesian franchisee will list 1% of its shares in an initial public offering on June 21.MAP Boga Adiperkasa, a subsidiary of retailer Mitra Adiperkasa, will offer the shares at 1,680 rupiah (13 cents) and expects to raise 37.

    June 16, 2017 03:43 pm JST
  • New delivery options brighten SE Asia's e-commerce outlook

    TOKYO/SINGAPORE -- Package delivery has long been a bottleneck for e-commerce in Southeast Asia, but things are changing -- thanks to startups offering various new ways to get orders into the hands of shoppers.Neighbors' homes and "smart" lockers se

    June 15, 2017 03:13 pm JST
  • Anthony Couse

    Belt and Road's potential real estate boost

    Since the announcement of the Belt and Road Initiative by Chinese President Xi Jinping in 2013, the project has been perceived by many as a one-sided, Chinese ambition. Some have seen it as a massive enterprise to jump-start the Chinese economy befo

    June 15, 2017 12:00 pm JST
  • Chinese companies pile on debt as others battle high rates

    HONG KONG The two biggest engines boosting economic growth in Asia, China and India, also have the most indebted companies in the region. They helped push the total borrowing of the 300-plus companies in Nikkei's Asia300 list to $1.51 trillion last

    June 15, 2017 10:00 am JST
  • Asian shares outshine their advanced-economy peers

    TOKYO The Nikkei Asia300 Index, which tracks 300 high-profile Asian companies, recorded a 17% gain since its debut six months ago.The index stood at 1052.97 when it first started on December 1, 2016. After slumping briefly out of the gate, it shot u

    June 15, 2017 10:00 am JST
  • Indonesia's Indofood rattles investors by buying land from CEO

    JAKARTA -- Indonesian food giant Indofood Sukses Makmur's 2.2 trillion rupiah ($164 million) purchase of land in Jakarta from its chief executive, billionaire tycoon Anthoni Salim, is raising fresh questions over corporate governance in a country wh

    June 14, 2017 11:03 pm JST
  • New regulator looking for infrastructure finance solutions

    JAKARTA -- The newly-elected chairman of Indonesia's Financial Services Authority (OJK) says he wants the institution to play a bigger role in infrastructure finance by broadening the range of financing options.Wimboh Santoso, who was elected to the

    June 9, 2017 11:50 pm JST
  • Company in focus: E-commerce lures Salim Group back to banking after two decades

    JAKARTA Anthoni Salim, the billionaire tycoon at the helm of Indonesia's largest conglomerate, playfully dodged journalists' questions about the group's return to the banking industry after nearly two decades. Still, he did not play down his purpose

    June 8, 2017 10:00 am JST
  • Qatar crisis ripples through Southeast Asia

    KUALA LUMPUR -- Southeast Asian countries have taken precautionary steps after Gulf countries severed diplomatic and commercial relations with Qatar.The Philippines, which has over 140,000 workers in the gas-rich kingdom partially suspended the depl

    June 7, 2017 11:08 pm JST
  • Company in focus

    Salim returns to banking to gain control of Indonesia's digital economy

    JAKARTA -- Anthoni Salim, the billionaire tycoon at the helm of Indonesia's largest conglomerate, playfully dodged journalists' questions about the group's return to the banking industry after nearly two decades. Still, he did not play down his purp

    June 4, 2017 12:00 pm JST
  • Nickel sinks to 11-month low on dimmer China outlook

    TOKYO/HONG KONG -- Nickel prices have touched an 11-month low, hit by concerns about oversupply in producing countries coupled with economic warning signs in China, the No. 1 importer.The benchmark three-month contracts on the London Metal Exchange,

    June 2, 2017 03:08 pm JST
  • Chinese automakers launch a global offensive via emerging Asia

    BANGKOK -- To get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are looking to make inroads even as traditional heavyweights bow out.Take the recent surpris

    June 1, 2017 01:30 pm JST
  • China, India and the global auto industry's transformation

    Zhejiang Geely Holding Group's acquisition of a 49.9% stake in Malaysian automaker Proton Holdings from DRB-Hicom is unlikely to trigger an immediate change in the Southeast Asian market overall. Japanese automakers, particularly Toyota Motor, hold

    June 1, 2017 10:00 am JST
  • Chinese automakers launch a global offensive via emerging Asia

    BANGKOK To get an idea of just how dramatically Asia's auto industry is changing, one need only look at Southeast Asia and India, where Chinese newcomers are looking to make inroads even as traditional heavyweights bow out.Take the recent surprise o

    June 1, 2017 10:00 am JST
  • Nikkei Asia 300 Index marks six months with 17% rise

    TOKYO -- The Nikkei Asia300 Index, tracing some 300 of Asia's must-watch listed companies, marked its first six months on Thursday with a 17% gain since its debut.The Nikkei Asia300 Index stood at 1229.14 on May 31, while the index started at 1052.9

    May 31, 2017 10:00 pm JST
  • Indonesia's 'pro-Apple' local content rule irks smartphone rivals

    JAKARTA -- Another sudden regulatory change in Indonesia is baffling foreign companies, this time over the mandatory use of local components in fourth-generation smartphones sold domestically.In 2015, the government said that all 4G phones sold in t

    May 28, 2017 09:00 am JST