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  • Meiji trying to hit Asia's sweet spots

    TOKYO -- As Japanese confectionery maker Meiji increases its presence in the rest of Asia, it is experimenting with different sizes, pricing and marketing strategies in its attempts to find the sweet spot in each market. This spring, some 4,000

    October 20, 2014 07:00 am JST
  • Japanese restaurant chains stepping up store openings in China

    TOKYO -- Japanese restaurant chains Watami and Saizeriya will accelerate openings in China, targeting the growing ranks of middle-class consumers there. Watami will open a new line of restaurants serving Mediterranean cuisine with a Japanese fla

    October 18, 2014 06:17 am JST
  • Tigerair divests Australian arm

    SINGAPORE -- Tiger Airways Holdings, the operator of Singaporean budget airline Tigerair, is hungry for more cash as losses mount. The company announced Friday it will divest its remaining 40% stake in Tigerair Australia to Virgin Australia. It

    October 17, 2014 07:29 pm JST
  • Singapore Press reports advertising, circulation drops

    SINGAPORE -- Singapore Press Holdings, the city-state's top newspaper publisher, posted a net profit of 404 million Singapore dollars ($317 million) for the year ending in August, a net decline of 6.2% from the previous year. The weaker result w

    October 17, 2014 01:04 pm JST
  • Fujitsu, Singapore team up to make urban centers, ports hum

    SINGAPORE -- Fujitsu, the Japanese information technology company, on Wednesday launched a new research institute in Singapore, in collaboration with Singapore's Agency for Science, Technology and Research, commonly known as Astar, and Singapore Man

    October 16, 2014 08:00 pm JST
  • Anders Corr: China threat requires an Asian NATO

    China's increasing belligerence in the East and South China seas, and toward India, has fundamentally destabilized the security dynamics of Asia. Japan is seeking a closer alliance with India and is likely seeking advanced offensive weapons from the

    October 16, 2014 12:00 am JST
  • SingPost pulling ahead in e-commerce logistics

    SINGAPORE -- Singapore Post is investing 182 million Singapore dollars ($142 million) in an e-commerce logistics hub to meet increasing demand in Asia and to position itself at the fore regionally. With greater Internet penetration and the proli

    October 15, 2014 11:02 pm JST
  • Singapore's pension ranked best in Asia; rest of region fares poorly

    SINGAPORE -- Singapore's retirement income system is the most desirable in Asia, according to the latest report by U.S.-based consulting firm Mercer and Australian Centre for Financial Studies. The city-state was ranked 10th out of 25 countries in t

    October 15, 2014 08:00 pm JST
  • ASEM's 10th summit most important yet

    Asia matters -- for Europe. And Europe matters -- for Asia. That is why the Asia-Europe Meeting (ASEM) was created in 1996. That is why it has become the key forum for dialogue and cooperation between Europe and Asia. And that is why on Oct. 16 and

    October 15, 2014 06:40 pm JST
  • KFC to open 1st Myanmar outlet next year

    SINGAPORE -- KFC is preparing to open what will be Myanmar's first American fast food restaurant next year. The chain's parent company, Yum! Brands from Louisville, Kentucky, is partnering with Singaporean property giant Yoma Strategic to bring t

    October 14, 2014 06:45 pm JST
  • SingPost bets big on e-commerce as traditional mail stumbles

    SINGAPORE -- Singapore Post is putting much of its energy, and money, into expanding its electronic commerce logistics business as traditional postal services struggle. In July, the company, better known as SingPost, received capital from Alibab

    October 12, 2014 07:00 am JST
  • Smartphones drowning out other electronics in Southeast Asia

    BANGKOK/JAKARTA -- Smartphones have now come to dominate the market for electronics in Southeast Asia, overshadowing other products and even eating away at their sales. Their spread is also changing consumer behavior in the region. Whereas regio

    October 11, 2014 05:10 am JST
  • GIC unloads London building for $936 million

    SINGAPORE -- Singapore's sovereign wealth fund GIC announced on Thursday that it had sold its 100% interest in the Bank of America Merrill Lynch Financial Centre (MLFC) building in London for 582.5 million British pounds ($936 million) to Norway's s

    October 10, 2014 07:30 pm JST
  • China buying into Singaporean logistics

    SINGAPORE -- Singaporean logistics provider Global Logistic Properties (GLP) has entered a strategic partnership with a subsidiary of China Development Bank (CDB), one of China's major state-owned banks. An owner and operator of modern warehouse

    October 9, 2014 09:58 pm JST
  • Business associations position Singapore as Japan's gateway to Southeast Asia

    SINGAPORE -- With Japanese companies keen to expand in Southeast Asia, Singapore is making a case to be their first stop on the way into the region. The Japan Management Association, the country's largest management organization, on Thursday sig

    October 9, 2014 07:10 pm JST
  • Ginga Petroleum to open plastics-trading market in Singapore

    TOKYO -- Singapore-based energy broker Ginga Petroleum will open a market for trading plastics in the city-state as early as this month. The company will provide trading services for derivatives related to basic materials used in plastic contain

    October 9, 2014 01:00 pm JST
  • Singaporean budget airline moving to Boeing 787

    TOKYO -- Singaporean low-cost carrier Scoot will switch entirely to Boeing 787 jetliners, reportedly making it the first airline in the world to do so, in a step to become more cost-competitive. The Singapore Airlines group company now flies six

    October 9, 2014 02:21 am JST
  • Heavy borrowing leaves region at the mercy of fickle rates

    KUALA LUMPUR/JAKARTA/SINGAPORE -- Emboldened by a doubling in the value of the apartment she and her husband bought five years ago, Tan Mee Peng took out a 664,000 ringgit ($203,774) mortgage in July to buy a two-story house in Shah Alam, a suburb o

    October 9, 2014 12:00 am JST
  • Due for trouble? The risks of Southeast Asian households' debt habit

    Brisk expansion of consumer credit across Southeast Asia has created several pockets of highly indebted households. As global liquidity conditions tighten next year, this may crimp economic growth in the region. With the U.S. Federal Reserve on

    October 9, 2014 12:00 am JST
  • Singapore preparing to set up international business court

    SINGAPORE -- This city-state is steadily moving toward becoming an international legal hub. The Singapore International Commercial Court, where cross-border business lawsuits would be heard, could be set up early next year, according to local media

    October 8, 2014 08:05 pm JST