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  • APEC ministers agree on details of study for regional free trade

    BORACAY ISLANDS, Philippines (Kyodo) -- Trade ministers from 21 Asia-Pacific economies agreed Sunday on details of a study to identify challenges and ways toward the creation of a region-wide free trade zone, as they wrapped up a two-day meeting in

    May 24, 2015 06:29 pm JST
  • Mass graves of suspected trafficking victims found in Malaysia

    KUALA LUMPUR (Reuters) -- Mass graves and suspected human trafficking detention camps have been discovered by Malaysian police in towns and villages bordering Thailand, the country's home minister said on Sunday. Home Minister Ahmad Zahid Hamidi

    May 24, 2015 05:00 pm JST
  • The Future of Asia 2015

    Japan, China should try 'moratorium' to mend ties, Mahathir says

    TOKYO -- If Japan and China cannot find ways to communicate constructively, Mahathir Mohamad reckons silence might be the best policy. The former Malaysian prime minister believes keeping quiet would be preferable to the countries provoking each

    May 22, 2015 05:00 pm JST
  • Nicholas Spiro

    Reprieve for Malaysia as India, Indonesia disappoint

    Investor sentiment towards emerging Asia's economies is in flux and nothing reflects that more acutely than the changing fortunes of Malaysia. In the second half of last year, the region's sole net oil exporter was distinctly out of favour with

    May 22, 2015 01:00 pm JST
  • The Future of Asia 2015

    Sensitive sectors remain sticking point ahead of AEC integration deadline

    TOKYO -- Aviation is among the sectors thwarting efforts by the Association of Southeast Asian Nations to integrate their economies by the end of 2015, a senior official from the bloc revealed. Under a policy roadmap, the ASEAN Economic Communit

    May 21, 2015 09:20 pm JST
  • The Future of Asia 2015

    Abe pledges $110 billion for Asian infrastructure

    TOKYO -- Japanese Prime Minister Shinzo Abe said his government and the Asian Development Bank will jointly provide $110 billion to finance "innovative" infrastructure in Asia. Innovation, Abe said, is necessary if Asia is to counter the challenges

    May 21, 2015 08:30 pm JST
  • The Future of Asia 2015

    ASEAN as the nucleus of an emerging Asia

    TOKYO -- As one of the fastest growing regions with various economic partnerships, ASEAN is the nucleus of an emerging Asia, Le Luong Minh, the bloc's secretary-general, argued. Growth is robust in Asia amid uncertainties in developed economies,

    May 21, 2015 05:55 pm JST
  • Fastest-growing market

    Gaming soars in Southeast Asia, and local developers follow

    SINGAPORE -- Southeast Asia is the world's fastest-growing gaming market, as the expanding middle class becomes increasingly reliant on mobile devices, a research company reported recently. Newzoo, based in the Netherlands, estimates compound an

    May 21, 2015 10:34 am JST
  • Myanmar humanitarian crisis

    Malaysia, Indonesia open doors to boat people

    LANGKAWI, Malaysia -- Malaysia and Indonesia confirmed Wednesday that they will take in up to 7,000 refugees from Myanmar and Bangladesh thought to still be at sea, after weeks of political dithering. The United Nations estimates that there are

    May 21, 2015 03:15 am JST
  • Editorial: To drive trade, ASEAN must prove itself behind wheel

    The Association of Southeast Asian Nations is set to launch the ASEAN Economic Community, or AEC, by the end of this year -- a common economic area that will remove trade tariffs and ease regulations on service industries in the region, which is gre

    May 21, 2015 12:00 am JST
  • Rohingya exodus creates regional, global strains

    YANGON -- The flood of Rohingya refugees fleeing Myanmar is creating regional friction that could have global implications. The Rohingya, a Muslim ethnic minority, face discrimination and persecution in Buddhist-majority Myanmar. Sectarian viole

    May 21, 2015 12:00 am JST
  • Malaysia's Tenaga Nasional mulls buying 1MDB power project

    KUALA LUMPUR -- Tenaga Nasional, Malaysia's national power grid operator, is negotiating to buy the 2,000 megawatt power generation project awarded last year to 1Malaysia Development Berhad (1MDB) and Mitsui & Co., a Japanese trading company with a

    May 21, 2015 12:00 am JST
  • Philippine regulators make room for ride-booking apps

    MANILA -- The Philippine government has decided to recognize and regulate ride-booking services, classifying the private cars used in the industry as a public utility. Uber, a popular service platform, said the move was "groundbreaking," and hailed

    May 21, 2015 12:00 am JST
  • Troubled state-owned fund shakes up Malaysian financial markets

    SINGAPORE -- Malaysia's stocks are up and its currency is down. Although the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index is off its mid-April high, it is still up around 3% compared with the end of last year. The ringgit, meanwhile, h

    May 21, 2015 12:00 am JST
  • Malaysia, Indonesia to shelter 7,000 boat people, reversing turn-back policy

    KUALA LUMPUR (Kyodo) -- Malaysia and Indonesia, in a reversal of their push-back policy, agreed Wednesday to temporarily shelter some 7,000 boat people from Myanmar and Bangladesh who are currently adrift at sea near their maritime borders, provided

    May 20, 2015 07:10 pm JST
  • US, Japan to dominate

    ASEAN casts cold eye on TPP trade deal

    SINGAPORE -- The administration of U.S. President Barack Obama and Congress remain mired in a standoff over trade policy. If Obama fails to get trade promotion authority from Congress, the proposed U.S.-led Trans-Pacific Partnership free trade a

    May 19, 2015 07:00 pm JST
  • Malaysia Airlines turnaround

    New chief says massive job cuts essential

    KUALA LUMPUR -- Malaysia Airlines is in even worse shape that was imagined, according to Christoph Mueller, the chief executive officer who took up his new position on May 1 after leaving Irish national carrier Aer Lingus. On May 5, Mueller issu

    May 18, 2015 07:50 pm JST
  • CIMB Group Holdings

    Latest job cut aims to save $168 million

    KUALA LUMPUR -- CIMB Group Holdings, Malaysia's second largest lender by assets, is planning to downsize further with its latest redundancy plan announced on Friday. The group said that it has offered staff in Malaysia and Indonesia a mutual sep

    May 18, 2015 05:47 pm JST
  • Myanmar refugees

    Rohingya exodus threatens stability of Southeast Asia

    YANGON -- The surge of Rohingya refugees fleeing Myanmar is creating regional friction that could have global implications. The Rohingya, an ethnic Muslim minority, face discrimination and persecution in Buddhist-majority Myanmar. Sectarian viol

    May 18, 2015 01:00 pm JST
  • Human trafficking

    Southeast Asia passing the buck on refugees

    BANGKOK -- Indonesia, Malaysia and Thailand are turning away thousands of Bangladeshi and Rohingya refugees, prompting fears of a maritime humanitarian disaster in Southeast Asia. Myanmar's oppression of the Rohingya Muslim minority and a rise i

    May 15, 2015 10:00 pm JST