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  • Singaporean bank UOB planning wholly owned unit in Vietnam

    HO CHI MINH CITY -- Singapore's United Overseas Bank has gotten the green light to set up its first wholly owned Vietnamese subsidiary, targeting individuals and local businesses as well as foreign investors.The State Bank of Vietnam central bank on

    July 22, 2017 02:27 am 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
  • 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
  • Vietcombank reported 20% rise in pre-tax profit in H1

    HO CHI MINH CITY -- Joint Stock Commercial Bank for Foreign Trade of Vietnam, better known as Vietcombank, posted more than 5 trillion dong ($220 million) in pre-tax profit during the first half of 2017, up 20% year-on-year, achieving 53.2% of its f

    July 12, 2017 12:05 am JST
  • Company in focus: Singapore's CapitaLand adjusts to the new normal

    SINGAPORE High up in the brand-new Otemachi Park Building in the heart of Tokyo's office district, 150 guests gathered in early June to celebrate the opening of CapitaLand's top-end Ascott Marunouchi Tokyo serviced apartments venture. Standing next

    July 6, 2017 10:00 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
  • Company in focus

    CapitaLand accelerates 'asset light' strategy despite China's economic slowdown

    SINGAPORE -- High up in the brand-new Otemachi Park Building in the heart of Tokyo's office district 150 guests gathered in early June to celebrate the opening of CapitaLand's top-end Ascott Marunouchi Tokyo serviced apartments venture. Standing nex

    July 2, 2017 12:00 pm JST
  • Vietnam rides on Samsung's coattails

    HANOI -- Vietnam's economic growth picked up in the three months through June thanks largely to a recovery in Samsung Electronics' exports.The Southeast Asian nation's real gross domestic product climbed 6.2% on the year for the quarter, according t

    June 30, 2017 05:15 am JST
  • Vingroup to invest $4bn in Hanoi metro

    HO CHI MINH CITY -- Leading property developer Vingroup signed a memorandum of understanding on Sunday for part of the Hanoi metro system worth 100 trillion dong (over $4 billion).As part of the capital's overall development plan for 2030, Hanoi has

    June 27, 2017 12:42 am JST
  • Seven-Eleven opens first store in Vietnam

    HO CHI MINH CITY -- Seven-Eleven on Thursday opened its first convenience store in Vietnam, making a foray into a largely untapped key market.Vietnam, long protected by regulations, is said to be the last frontier in Southeast Asia for convenience s

    June 16, 2017 05:41 am 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
  • Vinamilk uses a strong home market as an overseas springboard

    HANOI Vietnam Dairy Products, better known as Vinamilk, eighth on the Nikkei's latest Asia300 ranking of power performers, was founded in 1976, a year after the Vietnam War ended.Vinamilk started off by selling condensed milk, once considered a luxu

    June 15, 2017 10:00 am JST
  • Vinamilk uses a strong home market as an overseas springboard

    HANOI -- Vietnam Dairy Products, better known as Vinamilk, eighth on the Nikkei's latest Asia300 ranking of power performers, was founded in 1976, a year after the Vietnam War ended.Vinamilk started off by selling condensed milk, once considered a l

    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
  • Asian flagship carriers sink as Chinese airlines expand

    HANOI -- Major Asian airlines find themselves increasingly squeezed due to the advent of low-cost carriers, rising fuel prices and intense price competition stemming from a sharp expansion of international operations by Chinese air carriers.Chinese

    June 5, 2017 09:00 am JST
  • Vietnam's mobile game market attracts Japanese players

    HANOI -- Vietnam's mobile game market is booming, and Japanese companies are vying for a piece of the action.KDDI leads the pack of Japanese information technology companies and game developers looking to cash in on the Southeast Asian country's mob

    June 3, 2017 11:00 am JST