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  • Alibaba eyes expansion beyond China

    KUALA LUMPUR -- China's Alibaba Group Holding, the world's largest online transaction company, is looking at developing economies with large, young populations and numerous small enterprises as its next growth engines.Better known for online marketp

    March 24, 2017 12:20 am JST
  • Michael Vatikiotis

    ASEAN at 50: Uncertain times call for smart diplomacy

    As the Association of Southeast Asian Nations celebrates its 50th anniversary, the complexity of the internal and external environment is severely testing its approach to cooperative security that rests, above all, on preserving the sovereignty of e

    March 23, 2017 09:40 pm JST
  • Malaysia's central bank projects economy to grow between 4.3% and 4.8% this year

    KUALA LUMPUR (NewsRise) - Malaysia's economic growth will likely pick up pace this year mainly driven by domestic demand, although inflation could edge higher as global oil prices perk up, Bank Negara Malaysia said Thursday.The third-largest Southea

    March 23, 2017 07:36 pm JST
  • Eco World International raises over $580 million in Malaysia's largest IPO so far this year

    KUALA LUMPUR (NewsRise) - Eco World International, the overseas arm of Malaysian real estate developer Eco World Development Group, has raised 2.58 billion ringgit ($580.18 million) in the country's biggest initial public offering in nearly two year

    March 23, 2017 07:17 pm JST
  • Indonesian bourse launches startup incubator

    JAKARTA -- The Indonesia Stock Exchange on Thursday launched a startup incubator that is already trying to point young companies toward initial public offerings.To get the ball rolling, the incubator is giving 24 startups shared working space in Jak

    March 23, 2017 04:45 pm JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 12:00 pm JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE -- People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communiq

    March 23, 2017 11:30 am JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 10:00 am JST
  • Company in focus: Sime Darby bets its kingdom is better off in pieces

    KUALA LUMPUR Sime Darby, the world's largest plantation operator and palm oil producer, has hatched a plan to split into three separate listed entities. For starters, the Malaysian state-owned company sees this as a way to promote growth. It also wa

    March 23, 2017 10:00 am JST
  • Necessity is the mother of invention for Asia's insurers

    BANGKOK When Pathom Indarodom crashed his new car into a telephone pole in central Bangkok, he was daunted by the thought of spending days, if not months, filing a claim with his car insurer.But he soon remembered hearing about an app from a friend.

    March 23, 2017 10:00 am JST
  • Insurers help to pay for Asia's infrastructure needs

    BANGKOK A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country's severe electricity shortages. But, for Asia's insurance co

    March 23, 2017 10:00 am JST
  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 23, 2017 10:00 am JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communique

    March 23, 2017 10:00 am JST
  • The king gives Saudi Arabia's reform push a helping hand

    TOKYO In his monthlong tour of Asia, Saudi Arabian King Salman bin Abdulaziz succeeded in drumming up significant support for "Vision 2030," the road map for reforming the kingdom's economy and ending its dependence on oil exports by the year 2030.

    March 23, 2017 10:00 am JST
  • Robert A. Manning: Saudi royal tour highlights Asia-Mideast economic nexus

    Saudi King Salman's monthlong tour of Asia highlights the growing economic nexus between the region and the Middle East. The trip had multiple aims that went well beyond oil: In addition to reinforcing religious, political and energy ties with Sunni

    March 23, 2017 10:00 am JST
  • Business Insight

    Disney chooses its battles in Malaysia and China

    Walt Disney's "Beauty and the Beast" missed its original opening date in Malaysia due to the company's refusal to accept cuts by state censors involving a gay character. But the movie opened on time and in a big way in China, in complete, unedited f

    March 23, 2017 08:05 am JST
  • The king gives Saudi Arabia's reform push a helping hand

    TOKYO -- In his monthlong tour of Asia, Saudi Arabian King Salman bin Abdulaziz succeeded in drumming up significant support for "Vision 2030," the road map for reforming the kingdom's economy and ending its dependence on oil exports by the year 203

    March 22, 2017 07:20 pm JST
  • Sreeram Chaulia

    How Asia can reckon with Trump's assault on trade

    In a rare moment since its anointment in 2008 as the steering body for global economic governance, the Group of 20 nations has lost clarity of vision. It is staring at a confused horizon, muddled by the disruptive economic nationalism of U.S. Presid

    March 22, 2017 02:05 pm JST
  • North Korean businesses abroad struggle amid backlash

    JAKARTA -- North Korean businesses in Southeast Asia are suffering as people and governments sour on the country, with eateries closing and laborers facing deportation amid acrimony stemming from the killing of leader Kim Jong Un's half brother.Unit

    March 22, 2017 03:30 am JST
  • Malaysia says intercepted North Korean arms shipment to Thailand in 2011

    KUALA LUMPUR (Reuters) -- Malaysia intercepted and returned a shipment of North Korean military communications equipment sent to Thailand in 2011, the country's police chief said on Monday, amid growing scrutiny of the southeast Asian nation's deali

    March 20, 2017 10:45 pm JST