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  • Foreign visitors to Japan up 22% in Aug.; 56% rise from China

    TOKYO -- The number of monthly visitors to Japan for August was over 1 million, a record high for the month and the sixth month in a row that numbers have topped the 1 million mark, according to the Japan National Tourism Organization. Much of this

    September 22, 2014 07:00 am JST
  • India, Asean enhance free trade agreement

    NEW DELHI -- Four years after a free trade agreement relating to goods came into effect between India and the Association of Southeast Asian Nations, the trade partners have gone a step further with a supplementary trade in services and investment a

    September 19, 2014 12:34 pm JST
  • Malaysia holds interest rate steady

    KUALA LUMPUR -- Malaysia's overnight policy rate is being kept at 3.25% ahead of an expected slowdown in domestic demand and consumption, according to Bank Negara Malaysia/Central Bank of Malaysia (BNM). Exports, another contributor to economic

    September 19, 2014 12:14 pm JST
  • Malaysian media group to sell TV shows abroad: CEO

    TOKYO -- Astro Malaysia Holdings will sell television programs that it produces to such overseas markets as Singapore, Indonesia and Vietnam by tapping Malaysia's multilingual culture, the head of the country's largest satellite TV service provider

    September 19, 2014 04:34 am JST
  • Sellers and shoppers, rejoice!

    BANGKOK -- Digitization is opening opportunities and changing Asian lives. The smartphone is speeding up the process, encouraging people to tap their way to buying practically everything, from groceries to games to cars, even real estate. The tr

    September 18, 2014 12:00 am JST
  • Private equity fund executive Bloy looks forward to Southeast Asian integration

    KUALA LUMPUR -- Navis Capital Partners expects Southeast Asian economic integration next year and more informed business practices to provide good opportunities for the regional private equity market. The Malaysia-based private equity firm has $

    September 18, 2014 12:00 am JST
  • The power of digitization

    A new digital revolution is coming to Asia, thanks to the explosive spread of smartphones. At the end of last year, 780 million smartphones were in use in the Asia-Pacific region (excluding Japan). The number is projected to reach 2 billion in 2018,

    September 18, 2014 12:00 am JST
  • Keppel secures a fifth major oil rig contract from Qatar

    SINGAPORE -- Keppel FELS, a subsidiary of Keppel's offshore and marine arm, announced on Tuesday a contract with Qatar's Gulf Drilling International (GDI) worth $227 million for Halul, a fifth jackup oil rig. Dukhan, GDI's fourth rig in the sa

    September 17, 2014 07:43 pm JST
  • Malaysian state fund's mountain of debt has critics piling on

    KUALA LUMPUR -- State investment fund 1Malaysia Development Bhd is facing intensifying flak over its heavy debt load. The fund, whose board of advisers is chaired by Prime Minister Najib Razak, has spent 12 billion ringgit ($3.72 billion) over t

    September 17, 2014 02:30 pm JST
  • Yasuyuki Todo: Exclusive ties keep Asia's growth stuck in middle-income trap

    Low-income countries tend to demonstrate higher growth rates than rich ones. Because low-income countries have room to learn advanced technology and knowledge from developed nations, it is easier for them to produce imitation goods. Moreover, capita

    September 17, 2014 01:00 pm JST
  • Planting local roots key to growth in Southeast Asia: Aeon chief

    KUALA LUMPUR -- Letting local personnel well-versed in Southeast Asian markets lead operations is crucial for Japanese retail chain Aeon's continued success in the region, President Motoya Okada stressed in an interview with The Nikkei. In the f

    September 17, 2014 03:45 am JST
  • Aeon aims to win over Southeast Asia by replicating Malaysia model

    KUALA LUMPUR -- Since entering Malaysia 30 years ago, Japanese retail giant Aeon has worked tirelessly to build a solid presence in this diverse market, offering products that suit the lifestyles of consumers with different religions and income leve

    September 17, 2014 03:04 am JST
  • UOB survey finds regional companies bullish on China

    SINGAPORE -- Despite increasing costs and slower growth, companies in the region are still keen on expanding in China with its growing middle-class consumer market, according to a survey by Singapore's United Overseas Bank (UOB) of over 1,000 mid-ti

    September 16, 2014 08:42 pm JST
  • Understanding depression in Asia

    As humans, we tend to chase after the global notion of "success" while neglecting its true value, which isn't fame, fortune or power but "emotional well-being." According to the World Health Organization's first report on suicide prevention, rel

    September 16, 2014 07:00 pm JST
  • Executives debate women's workplace participation at Tokyo forum

    TOKYO -- For female talent to truly shine in the workplace, a change in workers' mindset and strong leadership from top management are important, said participants in a discussion held Friday in Tokyo as part of a three-day international symposium o

    September 13, 2014 05:58 am JST
  • Tomy, Malaysia's Animonsta to make Muslim-friendly cartoons

    TOKYO -- Tomy is partnering with a Malaysian animation company to create made-for-TV content that takes Islamic culture into consideration. The Japanese toy and entertainment company has entered into a business tie-up with Animonsta Studios, whi

    September 12, 2014 03:33 am JST
  • Lego tied for top toymaker as Asia sales take off

    FRANKFURT, Germany -- Denmark's Lego Group will likely become the leading toymaker in the world this year after its first-half sales came in head to head with Mattel, the U.S. toy company that currently occupies the No. 1 spot. The jump into the lea

    September 11, 2014 07:00 pm JST
  • Lazada seeks e-commerce dominance in Southeast Asia

    TOKYO/FRANKFURT -- Lazada is quickly becoming an e-commerce behemoth in Southeast Asia, branching out into six countries in a mere two years, as global giants and local players vie for a bigger slice of this burgeoning market. Lazada, founded in

    September 11, 2014 03:58 am JST
  • Private equity boons: Asean integration and sensible housewives

    KUALA LUMPUR -- Navis Capital expects Asean economic integration next year and more informed business practices to provide good opportunities for the regional private equity market. The Malaysia-based private equity firm already has $5 billion u

    September 11, 2014 12:46 am JST
  • Japanese TV programs to debut in Vietnam next month

    TOKYO -- Japanese television programs will begin airing in Vietnam next month, marking the first step in broader efforts to export cultural content to Southeast Asia. Drama series and other programs will be broadcast on local TV channels for a f

    September 10, 2014 11:41 pm JST