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  • State fund controversy

    Malaysia's Najib, 1MDB push back against claims

    BANGKOK -- Malaysia's Prime Minister Najib Razak and troubled state fund 1Malaysia Development Berhad have denied claims published in the Wall Street Journal that $700 million was funneled by 1MDB into Najib's personal bank accounts. However, key op

    July 3, 2015 09:55 pm JST
  • Michael Vatikiotis

    Time for Southeast Asia to embrace ethnic and religious diversity

    Southeast Asia has a long history and tradition of moderation. For centuries, people of different faiths and races have lived together in relative peace and harmony. Most of the region's modern nations recognize this fundamental state of pluralism a

    July 3, 2015 09:15 am JST
  • ASEAN emergency meeting

    Trust fund set up to tackle human trafficking

    KUALA LUMPUR -- A regional trust fund will be established to support the humanitarian and relief efforts aimed at tackling human trafficking, the Association of Southeast Asian Nations said on Thursday. ASEAN ministers in charge of transnational

    July 2, 2015 09:32 pm JST
  • Startups and the economy

    Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 10:00 am JST
  • AirAsia tries to fend off accusations of fiddling figures

    KUALA LUMPUR -- AirAsia recently said it was "distressed and peeved" in response to allegations of accounting malpractice. On top of its shrinking earnings in the face of intense competition, the budget airline is being accused of fiddling with figu

    July 2, 2015 12:00 am JST
  • George Magnus: Greece will cast long political shadows

    If Greece were in Asia, it would be the seventh largest economy, of little geopolitical consequence and soon to be overtaken by Bangladesh and Vietnam. Greece's size, however, is not the right metric to use when gauging its significance in Europe's

    July 2, 2015 12:00 am JST
  • Frederic Neumann: Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 2, 2015 12:00 am JST
  • Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 12:00 am JST
  • Entrepreneurial engines

    Startups are finding fertile ground in Asia -- Southeast Asia in particular. Populations are getting wealthier, smartphones are ubiquitous and governments are holding out carrots for innovators. Homegrown ventures are sniffing out opportunities far

    July 2, 2015 12:00 am JST
  • Editorial: Seize the chance to wrap up the TPP talks

    The time has come to finally conclude negotiations over the proposed Trans-Pacific Partnership agreement. The U.S. Congress has at last passed a bill granting President Barack Obama trade promotion authority, also known as fast track, which is s

    July 2, 2015 12:00 am JST
  • Looking for Asian HQs

    Thailand expands tax breaks for international headquarters

    BANGKOK -- Thailand's military junta has expanded a program offering tax incentives for companies serving as headquarters for subsidiaries throughout the region, hoping to spark more foreign investment to revive a sluggish economy. At a Thailand

    July 1, 2015 10:04 pm JST
  • Malaysia economy

    Fitch keeps A- sovereign rating, upgrades outlook

    KUALA LUMPUR -- Malaysia has managed to keep its sovereign rating at investment-grade, escaping an expected cut from Fitch Ratings, spurring a rise in stocks and its currency. Fitch on Tuesday maintained Malaysia's long-term rating at A- and rev

    July 1, 2015 06:40 pm JST
  • Frederic Neumann

    Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 1, 2015 04:00 pm JST
  • Nikkei PMI

    Factory activity losing steam across Asia

    TOKYO -- Asia's factory activity lost steam across the landscape in June, as output and new orders slowed. In India, the Nikkei India Manufacturing Purchasing Managers' Index, or PMI, fell from 52.6 in May to 51.3 in June as new business inflows

    July 1, 2015 02:00 pm JST
  • Vijay Sakhuja

    How Asia's 'boat people' exposed maritime weaknesses

    The controversy over the exodus of tens of thousands of stateless Rohingya from Myanmar and Bangladeshi migrants in rickety vessels has exposed chinks in the armor of regional maritime security forces. Over just two months this year, an estimate

    July 1, 2015 01:00 pm JST
  • Nikkei PMI

    Malaysia factory activity slows further

    TOKYO -- The Nikkei Malaysia Manufacturing Purchasing Managers' Index, or PMI, slid to 47.6 in June from 49.5 in May, signaling a further worsening in operating conditions in the Malaysian manufacturing sector. It was the lowest figure in two and a

    July 1, 2015 11:15 am JST
  • Plight of the Rohingya

    Life on the margins in Malaysia

    KUALA LUMPUR -- Gulajan Binti Nur Hamad was only 9 years old when she saw her house set ablaze by rampaging Buddhist mobs. "There was fire and fighting," she said, running her right hand across her throat in a hint that she had seen worse than the f

    June 30, 2015 01:40 pm JST
  • Geoff Cook

    Asia's wealthy show their social conscience

    As Asia's middle class is going through a generational shift in wealth, there is also a shift in how that wealth is being used to influence society. More than any other region globally, the wealthiest of the Asia-Pacific are now placing more importa

    June 30, 2015 01:00 pm JST
  • Delayed reaction

    Thailand, other holdouts could still join AIIB this year

    MANILA -- Thailand and the other prospective founding members that did not sign on to the Asian Infrastructure Investment Bank on Monday may ultimately do so by the end of the year. Unfinished administrative work or legal procedures led to the d

    June 30, 2015 02:19 am JST
  • No end in sight

    Southeast Asia's auto sales slide for 25th month

    BANGKOK -- New-auto sales in six major Southeast Asian markets fell for the 25th consecutive month in May, with tough times expected to continue for the top two -- Indonesia and Thailand. The six, also including Malaysia, the Philippines, Vietna

    June 29, 2015 11:26 pm JST