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  • Corporate Japan goes a-courting in Southeast Asia

    TOKYO -- Japan's listed companies are getting serious about building ties with investors in the Southeast Asian markets that are increasingly driving their growth. More than 50 corporate heavyweights made that quite clear early June, when they took

    July 31, 2014 12:00 am JST
  • Condo boom continues in Southeast Asia: survey

    TOKYO -- A survey by the Japan Real Estate Institute shows that of five major cities in Southeast Asia, Jakarta and Kuala Lumpur saw a significant increase in the condo price index from 2010 as of April 2014. Jakarta saw a 54% increase and Kuala Lum

    July 30, 2014 07:00 pm JST
  • Growing wealth boosts Southeast Asia condo demand

    TOKYO/SINGAPORE -- Demand for condos is growing in Southeast Asia's urban areas as the growing number of wealthier consumers look for investments or for the convenience of living in the center of town. Southeast Asian families generally live in

    July 30, 2014 07:00 pm JST
  • Malaysia's Berjaya Food to fully own Starbucks franchise

    KUALA LUMPUR -- Malaysian franchiser Berjaya Food is acquiring the remaining 50% stake in Berjaya Starbucks Coffee Company for $88 million from Starbucks Coffee International of the U.S. The proposed acquisition will allow Berjaya Food greater c

    July 30, 2014 05:15 pm JST
  • SE Asian countries racing to expand local airports to handle tourist influx

    TOKYO -- Southeast Asian countries are rushing to expand the capacity of their local airports near famous tourist destinations in a bid to handle the growing flood of travelers amid the rising popularity of budget airlines. These moves come as t

    July 30, 2014 03:00 pm JST
  • Malaysian ringgit remains strong on rate hike bets

    SINGAPORE -- The Malaysian ringgit has strengthened to its highest level since November 2013 on speculation about a rate hike by the country's central Bank Negara. The bank decided July 10 to raise its overnight policy rate for the first time in

    July 30, 2014 01:00 pm JST
  • Japan's Aeon to get Malaysian companies up to speed on CSR

    TOKYO -- Aeon will help smaller manufacturers in Malaysia better practice corporate social responsibility in 13 areas like labor practices and environmental protection, hoping to boost the quality of output in the country. The Japanese retail gi

    July 29, 2014 06:12 am JST
  • Mazda to end passenger-vehicle partnership with Ford

    TOKYO -- Mazda Motor will dissolve its tie-up in passenger-vehicle production with Ford Motor, taking over the U.S. carmaker's assembly lines at their sole jointly run facility, located in Thailand. The two automakers currently each own producti

    July 29, 2014 02:00 am JST
  • Japanese investment in Asian bonds surges 70%

    TOKYO -- Japanese investors are increasingly buying bonds issued by companies and governments in the rest of Asia. According to "International Transactions in Securities," published by the country's Ministry of Finance, Japanese individuals, pen

    July 27, 2014 12:30 am JST
  • Asia's emerging countries need to move away from nepotism, cronyism

    TOKYO -- On April 30, Malaysian business tycoon Liew Kee Sin resigned as CEO of SP Setia, the country's leading property developer, without drawing much public attention. For 18 years, Liew led SP Setia's aggressive drive to develop high-end res

    July 26, 2014 01:00 pm JST
  • Malaysia Airports posts its first quarterly loss

    KUALA LUMPUR -- Malaysia Airports Holdings (MAHB) incurred an unexpected net loss of 44.6 million ringgit ($14 million) for its second quarter ending in June -- its first quarterly loss since listing in 1999. The red ink was attributed to a numb

    July 25, 2014 08:21 pm JST
  • Malaysia's CIMB buys Thai asset management operation for $7M

    KUALA LUMPUR -- CIMB Group, Malaysia's leading lender, is strengthening its regional presence by acquiring 100% of Finansa Asset Management in Thailand for $7 million. The purchase by its Thai subsidiary CIMB-Principal Asset Management Company w

    July 25, 2014 03:19 pm JST
  • Share prices of Malaysia Airlines, AirAsia X climb on merger speculation

    KUALA LUMPUR -- Malaysia Airlines continues to hog the headlines after two of its passenger planes crashed in less than five months. Its share price climbed 2.2% to a high of 0.23 ringgit ($0.07) in early trading Thursday on a local news report that

    July 24, 2014 04:00 pm JST
  • 7-Eleven Malaysia looks to Japan for inspiration

    KUALA LUMPUR -- Fresh from an initial public offering in May that raised $226 million, 7-Eleven Malaysia is set for a major refurbishment and expansion of its outlets, and it is looking to Japan for ideas on store layouts and items to stock, such as

    July 24, 2014 02:00 pm JST
  • Diverging from the conventional shop

    TOKYO -- Every day, 7-Eleven scatters a few new shops around the world. As of the end of March, the number of stores displaying the orange, green and red logo came to 52,811, up 54% from six years earlier. A lot of those stores opened in Asia. T

    July 24, 2014 12:00 am JST
  • Brahma Chellaney: To prevent another MH17, examine root causes

    Despite the international outrage over its tragic fate, Malaysia Airlines' MH17 is not the first civilian airliner thought to have been shot down by rebels with an anti-aircraft missile. Nor will it be the last, unless urgent steps are taken interna

    July 24, 2014 12:00 am JST
  • Japan developing rain forest evaluation system

    TOKYO -- Japanese researchers are developing a system to help Southeast Asian countries protect biological diversity in tropical rain forests. The Environment Ministry and Kyoto University plan to develop a low-cost, satellite-based system to as

    July 24, 2014 12:00 am JST
  • 4G's rise

    Home to a huge and growing chunk of the world's mobile phone users, Asia is beginning to embrace fourth-generation cellular services. 4G technology offers much faster data speeds, which is good news for the swelling ranks of people who use their han

    July 24, 2014 12:00 am JST
  • In Malaysia, a cautious rollout

    KUALA LUMPUR -- Malaysia was among the first in Southeast Asia to introduce fourth-generation mobile technology when service plans appeared in January 2013. But over a year later, coverage remains patchy and industry watchers say that telecommun

    July 24, 2014 12:00 am JST
  • Double disaster jeopardizes Malaysia Airlines

    KUALA LUMPUR -- Double tragedy, with two passenger planes lost in less than five months, has Malaysia Airlines on the brink. The government, which owns a 69% stake in the airline, is undertaking a comprehensive review of the company. Can it turn the

    July 24, 2014 12:00 am JST