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  • Ascott Residence Trust

    REIT enters US with New York hotel acquisition

    SINGAPORE -- A number of Singaporean companies are ramping up investments in the U.S., encouraged by signs of economic recovery there and on the back of China's slowdown. Ascott Residence Trust, a hospitality property management unit under Singa

    July 3, 2015 05:55 pm JST
  • Nikkei PMI

    Singapore seeing upturn in overall business performance

    TOKYO -- Private companies in Singapore in June enjoyed improved overall business operating conditions for the first time in three months, thanks to an uptick in demand. The Nikkei Singapore Purchasing Managers' Index, or PMI, for the month came

    July 3, 2015 11:15 am JST
  • Startup magnet

    Singapore unfurls the welcome mat

    SINGAPORE -- A vibrant startup ecosystem is taking hold in Singapore, attracting entrepreneurs from far beyond Southeast Asia. One of them is Mitsunobu Okada, who set up a company in the city-state in 2013. His business, Astroscale, is aiming hi

    July 2, 2015 04:00 pm JST
  • Southeast Asian startups

    Homegrown Internet innovators rise

    JAKARTA/SINGAPORE -- Southeast Asia is seeing the rise of a new generation of homegrown entrepreneurs. Last December, the 30-something CEO of a startup in Jakarta raised $100 million, a record for such a business in Indonesia. His name is Willi

    July 2, 2015 11:00 am JST
  • Startups and the economy

    Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 10:00 am JST
  • Buy a Thai SIM card, get free insurance

    BANGKOK -- AXA, France's No. 1 insurance company, has embarked on a full-scale effort to cultivate the Asian market. By tapping the region's growth potential, the insurer aims to increase its policyholder base in Asia outside Japan from 14 million t

    July 2, 2015 12:00 am JST
  • AirAsia tries to fend off accusations of fiddling figures

    KUALA LUMPUR -- AirAsia recently said it was "distressed and peeved" in response to allegations of accounting malpractice. On top of its shrinking earnings in the face of intense competition, the budget airline is being accused of fiddling with figu

    July 2, 2015 12:00 am JST
  • George Magnus: Greece will cast long political shadows

    If Greece were in Asia, it would be the seventh largest economy, of little geopolitical consequence and soon to be overtaken by Bangladesh and Vietnam. Greece's size, however, is not the right metric to use when gauging its significance in Europe's

    July 2, 2015 12:00 am JST
  • Frederic Neumann: Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 2, 2015 12:00 am JST
  • Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 12:00 am JST
  • Homegrown Internet innovators rise in Southeast Asia

    JAKARTA/SINGAPORE -- Southeast Asia is seeing the rise of a new generation of homegrown entrepreneurs. Last December, the 30-something CEO of a startup in Jakarta raised $100 million, a record for such a business in Indonesia. His name is Willi

    July 2, 2015 12:00 am JST
  • Singapore unfurls the welcome mat

    SINGAPORE -- A vibrant startup ecosystem is taking hold in Singapore, attracting entrepreneurs from far beyond Southeast Asia. One of them is Mitsunobu Okada, who set up a company in the city-state in 2013. His business, Astroscale, is aiming hi

    July 2, 2015 12:00 am JST
  • Entrepreneurial engines

    Startups are finding fertile ground in Asia -- Southeast Asia in particular. Populations are getting wealthier, smartphones are ubiquitous and governments are holding out carrots for innovators. Homegrown ventures are sniffing out opportunities far

    July 2, 2015 12:00 am JST
  • Editorial: Seize the chance to wrap up the TPP talks

    The time has come to finally conclude negotiations over the proposed Trans-Pacific Partnership agreement. The U.S. Congress has at last passed a bill granting President Barack Obama trade promotion authority, also known as fast track, which is s

    July 2, 2015 12:00 am JST
  • Singapore financial markets

    New diamond trading platform to launch in September

    SINGAPORE -- Along with commodities like gold and iron ore, diamonds can soon be traded on an electronic platform in Singapore. The Singapore Diamond Investment Exchange (SDiX), a company backed by a subsidiary of state investor Temasek Holdings and

    July 1, 2015 11:19 pm JST
  • Looking for Asian HQs

    Thailand expands tax breaks for international headquarters

    BANGKOK -- Thailand's military junta has expanded a program offering tax incentives for companies serving as headquarters for subsidiaries throughout the region, hoping to spark more foreign investment to revive a sluggish economy. At a Thailand

    July 1, 2015 10:04 pm JST
  • Investor's paradise

    Global hedge funds settle in Singapore, invest in Japan

    SINGAPORE -- Singapore is only a bit larger in area than central Tokyo, yet its hedge fund environment is noticeably more vibrant. One reason for this is the Financial Sector Incentive Scheme for Fund Managers, a set of tax incentives unique to Si

    July 1, 2015 07:00 pm JST
  • Frederic Neumann

    Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 1, 2015 04:00 pm JST
  • Geoff Cook

    Asia's wealthy show their social conscience

    As Asia's middle class is going through a generational shift in wealth, there is also a shift in how that wealth is being used to influence society. More than any other region globally, the wealthiest of the Asia-Pacific are now placing more importa

    June 30, 2015 01:00 pm JST
  • Real estate boom

    Tokyo is Asia's hottest investment destination

    TOKYO -- Tokyo is Asia's hottest city for real estate investment, in terms of offices, retail facilities and hotels, according to U.S. real estate services firm CBRE. Total real estate investment into Japan during the first quarter of this year

    June 30, 2015 09:36 am JST