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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
  • Frederic Neumann

    Time to talk about the high income trap

    The middle income trap is a disease that has afflicted a number of developing economies over the years. After breakneck economic expansion, growth suddenly begins to stagnate when per capita income reaches a level the World Bank defines as midd

    May 24, 2015 01:00 pm JST
  • From 'bak kut teh' to steak frites

    Singapore's food stalls evolving to meet modern tastes

    SINGAPORE -- In the wealthy city-state of Singapore, eating is a national pastime. Cheap fast food from hawker centers, the local forerunner to shopping mall food courts, is a dietary staple, with most locals happy to wait in line for the best dishe

    May 23, 2015 01:00 pm JST
  • Hyflux

    Turning water into money in Myanmar

    SINGAPORE -- Hyflux, a Singaporean water treatment company, has teamed up with Yoma Strategic Holdings on a private water treatment plant in Myanmar for the Pun Hlaing Golf Estate, a luxury residential development in the suburbs of Yangon, the forme

    May 21, 2015 11:50 pm JST
  • Budget air carriers

    Singapore's Scoot to fly to Osaka, maybe Haneda, too

    OSAKA -- Singaporean low-cost carrier Scoot will begin serving Kansai Airport near Osaka and is considering flying to Tokyo's Haneda Airport as well, Chief Executive Officer Campbell Wilson told The Nikkei. The wholly owned unit of Singapore Air

    May 21, 2015 10:46 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
  • The Future of Asia 2015

    Singapore's Goh urges Abe to delve 'further' in addressing war's legacy

    TOKYO -- Former Singaporean Prime Minister Goh Chok Tong urged Japanese Prime Minister Shinzo Abe to "go further" than his predecessors in the statement he is expected to make in August to mark the end of World War II 70 years ago. Goh called Ab

    May 21, 2015 02:50 pm JST
  • The Future of Asia 2015

    Singapore's Goh calls for East Asian common vision in pursuing peace and prosperity

    TOKYO -- East Asia, like European countries or Southeast Asian neighbors, needs to have a long-term, common vision for peace and prosperity, Singaporean former Prime Minister Goh Chok Tong said Thursday in his opening keynote speech at Nikkei's annu

    May 21, 2015 10:50 am JST
  • Asia's Silicon Valley

    Singapore draws tech startups as government lends a hand

    TOKYO/SINGAPORE -- Singapore is quickly turning into a technology startup hub, attracting talent and investors through efforts by public universities and the government. Block 71, which used to be a building in an old industrial park right outsi

    May 21, 2015 03:29 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
  • Ex-Singapore leader hopes ASEAN integration can be global model

    SINGAPORE -- Former Singapore Prime Minister Goh Chok Tong hopes the realization of the ASEAN Economic Community later this year will show the world how diverse nations can work closely together for growth. In a written interview with the Nikkei

    May 21, 2015 12:00 am JST
  • Transportation infrastructure

    Contractors race to cash in on Southeast Asia's metro boom

    TOKYO -- Japanese general contractors won bids for a string of subway projects in Southeast Asia in 2013 and 2014, and they are now preparing to start construction. Among the projects is Singapore's Thomson Line, a 30km-long all-underground line tha

    May 20, 2015 02:00 pm JST
  • Winning over tourists

    Rakuten to launch travel reward points in 4 new markets

    TOKYO -- E-commerce giant Rakuten will introduce a reward points program to its travel booking websites in four countries and regions starting next year to attract more foreign tourists visiting Japan. The Tokyo-based company will allow customer

    May 19, 2015 11:46 pm JST
  • Interview with Goh Chok Tong

    Ex-Singapore leader sees ASEAN integration as global model

    SINGAPORE -- Former Singaporean Prime Minister Goh Chok Tong, who now holds the honorary title Emeritus Senior Minister, says he hopes the ASEAN Economic Community -- the regional integration project slated to take effect later this year -- will sho

    May 19, 2015 09:30 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
  • OECD ranking

    Better education could boost Indonesian economy by $24 trillion

    TOKYO -- What are the economic returns of a good education? In the case of Indonesia, about $24 trillion. That is how much the country's economy would expand if there were full participation in secondary school and every student attained basic m

    May 19, 2015 07:00 pm JST
  • Spending to grow

    Singtel's digital investments have yet to yield profit

    SINGAPORE -- Singapore Telecommunications has invested heavily in digital services over the past three years, contributing to top-line growth during that time but little in the way of profit in the fiscal year that ended in March. Singtel's grou

    May 19, 2015 05:24 am JST
  • Diversity in the lab

    P&G creates own melting pot in Singapore

    SINGAPORE -- The idea that diversity makes a business stronger is nothing new, but Procter & Gamble's research and development center in Singapore has taken the concept and run with it. The U.S. consumer goods company opened the base last autumn

    May 17, 2015 01:00 pm JST