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  • Thai-Malaysian mobile banking alliance

    BANGKOK -- Advanced Info Service, Thailand's largest cellular phone operator, is partnering with CIMB Thai, the local arm of Malaysian bank CIMB, in Thailand's fast growing mobile banking sector. With services due for launch at the end of the ye

    August 22, 2014 10:00 pm JST
  • Malaysia state fund invests in LPG transport

    KUALA LUMPUR -- Malaysian sovereign wealth fund Ekuiti Nasional will invest 400 million ringgit ($126 million) in two local companies, raising its total investment to 2.8 billion ringgit. The private equity fund, also known as Ekuinas, said it i

    August 22, 2014 04:35 pm JST
  • KidZania focuses on teaching, entertaining Asia's children

    TOKYO -- Mexico's KidZania is looking to Asia to expand its chain of entertainment and educational centers for children, and to make the business truly global. There are seven KidZanias in Asia, including in Tokyo, Bangkok, Jakarta and Mumbai. I

    August 21, 2014 07:00 pm JST
  • KidZania CEO values Asia's education ethic

    MEXICO CITY -- KidZania is rapidly expanding around the world, especially in Asia. CEO and founder Xavier Lopez spoke recently with the Nikkei about his company's plans for Asia. Excerpts from the interview follow.Q: Why have you opened so many faci

    August 21, 2014 07:00 pm JST
  • AirAsia's Q2 net income grows more than 500% on foreign exchange gains

    KUALA LUMPUR -- Malaysia-based AirAsia's net income for April-June grew 529% year-on-year to 367 million ringgit ($116 million) on gains from foreign borrowings. But the regional budget airline's net operating profit for the quarter fell 52% to 71 m

    August 21, 2014 05:50 pm JST
  • Keeping Beijing's South China Sea incursions in check

    In early August, Southeast Asia's political and trade bloc held a series of meetings in Myanmar. Its focus? How to halt China's moves to extend sovereignty over parts of the South China Sea. The Association of Southeast Asian Nations largely fai

    August 21, 2014 12:00 am JST
  • Dengue vaccine: 'Not satisfactory' or 'good enough?'

    KUALA LUMPUR -- As the world watches the horrifying spread of the Ebola virus across West Africa, there is some better news from Southeast Asia in regard to another potentially fatal disease -- dengue fever. On July 11, French drugmaker Sanofi a

    August 21, 2014 12:00 am JST
  • Southeast Asia Telecom prepares for smartphone age

    SINGAPORE -- Commuters in Singapore stare at smartphone and tablet screens on their packed morning commutes. The age of the feature phone feels finished. This may not be the case in other Southeast Asian cities, but few doubt the smartphone era is c

    August 21, 2014 12:00 am JST
  • Indonesia's BRI considering acquisition of life insurer Jiwasraya

    JAKARTA -- Indonesian state-owned lender Bank Rakyat Indonesia said it is exploring the acquisition of life insurer Asuransi Jiwasraya, another state-owned entity, in what is seen as the latest government effort to consolidate the country's financia

    August 20, 2014 06:50 pm JST
  • Chinese tourists becoming scarce at SE Asian destinations

    KUALA LUMPUR -- Chinese tourist arrivals to Southeast Asia's top three destinations have been declining in recent months. Political upheavals, a missing airliner and unfavorable exchange rates are some of the factors that have been deterring Chinese

    August 20, 2014 06:12 pm JST
  • Malaysia's new property developer Eco World builds up luxury home market

    SINGAPORE -- Malaysia's emerging property developer Eco World Development Group is expanding quickly as it snatches up land for high-end homes around Kuala Lumpur and other big cities in the country. Its stock price has risen seven-fold in just one

    August 20, 2014 01:00 pm JST
  • Uncertainty hangs over Indonesia's foreign plantations

    KUALA LUMPUR -- Analysts in Malaysia are downplaying the possibility of greater restrictions on foreign ownership of agricultural land in Indonesia, arguing that such moves would affect long-term growth and deter foreign investment. According to

    August 19, 2014 08:19 pm JST
  • Big prize of Haneda access beckons AirAsia

    TOKYO -- As it readies to re-enter the Japanese market, AirAsia seems to have designs on Skymark Airlines' slots at Haneda Airport, a precious commodity jealously guarded by domestic carriers and subject to regulatory discretion. Malaysia-based

    August 19, 2014 03:36 am JST
  • AirAsia weighing bid for struggling Skymark

    TOKYO -- Malaysia-based AirAsia is considering options for aid to Skymark Airlines, seeking control of Japan's third-largest domestic carrier, people familiar with the matter said Monday. While Skymark has fallen on hard times, it holds an envia

    August 19, 2014 02:00 am JST
  • Malaysia's Astro shoots for reality-TV success in SE Asia

    KUALA LUMPUR -- Hoping to win over viewers across Southeast Asia, pay-TV operator Astro Malaysia Holdings will soon begin producing the region's answer to "American Idol," the hit U.S. reality show that has launched many amateur vocal artists to sta

    August 18, 2014 06:40 pm JST
  • Digital terrestrial broadcasting spreads through SE Asia

    BANGKOK -- Digital terrestrial broadcasting is spreading across Southeast Asia, creating lucrative business opportunities for consumer electronics makers and growth opportunities for the TV content industry. Southeast Asia, home to 600 million p

    August 18, 2014 01:50 pm JST
  • Malaysia's April-June economic growth tops expectations

    KUALA LUMPUR -- Malaysia continued to register robust economic growth, marking 6.4% in the second quarter, underpinned by the recovery in exports and strong domestic demand. Expansion in the manufacturing sector, especially the production of sem

    August 15, 2014 06:21 pm JST
  • Southeast Asian businesses stepping up M&A to survive

    TOKYO -- Southeast Asian companies are ramping up acquisitions in preparation for the region's economic integration next year, seeking to ensure that they can thrive in a global market. The value of mergers and acquisitions between Southeast Asi

    August 15, 2014 04:39 am JST
  • AirAsia, from budget carrier to courier

    KUALA LUMPUR -- Malaysia-based budget airline AirAsia has added another service to boost its revenues, with the launch of a courier delivery service. By utilizing its 88 destinations in 22 countries, AirAsia says the express service, called Redb

    August 14, 2014 06:15 pm JST
  • Scott Hetherington: Asia's hotel industry changing, for the better

    Over the course of my 15 years in Asia, I've seen a huge shift in the hospitality industry. When I arrived here in January 2000, the hotel market was similar to Europe's in its early days, more than a decade before. The markets in Europe had bee

    August 14, 2014 12:00 am JST