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  • Astro Malaysia‚Äôs net profit slips on lower advertisement revenue

    KUALA LUMPUR (Nikkei Markets) - Pay-television operator Astro Malaysia Holdings said Wednesday its net profit fell 3.1% in the fiscal first quarter from a year earlier as advertising revenue declined, while cost at home-shopping unit rose.Net profit

    June 14, 2017 07:44 pm JST
  • Cambodia's JC International Air launches Phnom Penh-Kuala Lumpur route

    KUALA LUMPUR -- Cambodia's JC International Air on Tuesday opened a new route linking the country's capital of Phnom Penh and the Malaysian capital of Kuala Lumpur twice a week.The new flights come in addition to twice-daily services offered for the

    June 14, 2017 05:33 pm JST
  • Uber, Grab in damage-control mode after rape, other incidents

    TOKYO -- Ride-hailing companies Uber Technologies and Grab are rushing to deal with fallout from rape incidents involving their drivers, among other problems.U.S. company Uber reportedly fired Eric Alexander, president of its Asian operations, after

    June 14, 2017 10:17 am JST
  • Japan to help ASEAN chill out in food distribution

    TOKYO -- Japan's transport ministry will assist in the development of refrigerated-distribution networks in Southeast Asia to enable the region to meet growing demand for fresh foods, ultimately enhancing opportunities for Japanese businesses.Transp

    June 14, 2017 10:00 am JST
  • Strong exports drag Malaysia's May palm oil stockpile down

    KUALA LUMPUR (Nikkei Markets) - Malaysia's palm oil inventory fell in May, official data Tuesday showed, as exports rose faster than production ahead of the Muslim holy month of Ramadan.Palm oil stock totalled 1.56 million tons as at May-end, down 2

    June 13, 2017 09:18 pm JST
  • The Future of Asia 2017

    ASEAN adjusting to a less-participatory US

    TOKYO -- The 23rd International Conference on the Future of Asia, organized by Nikkei Inc., held here earlier this week, focused on Asia's new landscape, one in which the U.S.'s presence is weakening.An unusually strong sense of tension prevailed am

    June 10, 2017 12:00 pm JST
  • Malaysia's April industrial output rises 4.2% on year, trails view

    KUALA LUMPUR (Nikkei Markets) - Malaysia's industrial production rose at a slower-than-expected pace in April driven mostly by the manufacturing sector, while mining and electricity output declined.The industrial production index -- a measure of out

    June 9, 2017 08:03 pm JST
  • Malaysian government steps into Felda Global boardroom tussle

    KUALA LUMPUR -- In a rare move, the Malaysian government has stepped in to resolve a boardroom squabble at listed plantation company Felda Global Ventures.The office of Prime Minister Najib Razak appointed a former minister on Wednesday "as an indep

    June 9, 2017 05:04 pm JST
  • Asian stocks mostly unscathed after UK election surprise as techs advance

    HONG KONG (Nikkei Markets) -- Asian stocks rose Friday, shrugging off incoming results of U.K. general elections that showed a hung parliament and uncertainty over the nation's Brexit negotiations with the European Union as a distinct possibility.Th

    June 9, 2017 02:41 pm JST
  • Food park challenges Kuala Lumpur hawker centers

    KUALA LUMPUR -- Malaysia's ubiquitous hawker centers have a new rival. Sitting in the shadow of the world-famous Petronas Towers in Kuala Lumpur, the Tapak Urban Food Dining Experience aims to bring outdoor eating in Malaysia into the 21st century.N

    June 9, 2017 12:30 pm JST
  • Malaysia's Proton faces uphill climb back to 'national' stature

    BANGKOK -- Even with support from Zhejiang Geely Holding Group, Malaysian automaker Proton Holdings has a difficult route to travel amid stalling sales at home as well as the duo's underwhelming brand power abroad.The Chinese company agreed late las

    June 9, 2017 04:38 am JST
  • Sapura Energy wins four orders totalling $205.96 million, shares rise

    KUALA LUMPUR (Nikkei Markets) - Malaysia's Sapura Energy, an oil-and-gas services firm formerly known as SapuraKencana Petroleum, said Thursday it has secured four contracts totalling $205.96 million.Shares rose following the order announcement.The

    June 8, 2017 07:37 pm JST
  • Philippines, Indonesia, Malaysia team up in terror fight

    MANILA -- The Philippines, Indonesia and Malaysia will collaborate on air and marine defense in the wake of frequent terrorist attacks by extremists linked to the Islamic State group.Malaysian Defense Minister Hishammuddin Tun Hussein has said the t

    June 8, 2017 03:10 pm JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do wi

    June 8, 2017 10:00 am JST
  • Aeon to double indoor theme parks in Asia

    TOKYO -- Japanese retailer Aeon will speed the expansion of indoor theme parks in Asia as it targets growth in the region's entertainment sector amid stiffer local retail competition.Over the next three years, Aeon seeks to double the number of loca

    June 8, 2017 05:38 am JST
  • China surges to world's No. 2 overseas investor

    TOKYO -- An overseas acquisition binge propelled China to the No. 2 spot in outbound investment in 2016, according to a United Nations report published Thursday.The country's foreign direct investment soared 44% last year to a record $183 billion, s

    June 8, 2017 02:00 am JST
  • Qatar crisis ripples through Southeast Asia

    KUALA LUMPUR -- Southeast Asian countries have taken precautionary steps after Gulf countries severed diplomatic and commercial relations with Qatar.The Philippines, which has over 140,000 workers in the gas-rich kingdom partially suspended the depl

    June 7, 2017 11:08 pm JST
  • Malaysia begins switch to digital TV

    KUALA LUMPUR -- Malaysia has launched digital terrestrial television, or DTT, moving away from analog and radio wave technology in line with the global digitization trend that began in developed economies.To start, 4.2 million low-income households

    June 7, 2017 08:55 pm JST
  • Insurance grows fastest in May's Asia sector PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for May showed output growth in 15 of the 19 sectors monitored.Insurance (54.5) marked the sharpest growth, followed by machinery and equipment (54.1), commercial and professional s

    June 7, 2017 09:30 am JST
  • Malaysia's CIMB teams up with China Galaxy in stockbroking

    KUALA LUMPUR -- Malaysian lender CIMB Group Holdings reached a deal with China Galaxy Securities on Tuesday, hoping to attract some of China's outbound investment.Under a share purchase agreement, China Galaxy will pay 167 million Singapore dollars

    June 6, 2017 11:48 pm JST