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  • Finding new markets

    Kinokuniya spreading Japanese pop culture abroad

    TOKYO -- Leading Japanese bookstore chain Kinokuniya is looking to beef up its operations overseas through anime, manga and other Japanese pop culture to make up for a shrinking domestic market. "We used to have two pillars: domestic retail and

    November 29, 2014 01:46 am JST
  • Continental in Singapore

    Automated driving part of the plan at extended R&D center

    SINGAPORE -- German autoparts titan Continental opened an extension of its R&D center in Singapore Thursday. The bigger center will speed up development of intelligent systems for cars, which is crucial in developing automated vehicles. Singapor

    November 28, 2014 06:30 pm JST
  • Health care business

    Japan's trading houses wooing medical partners in Asia

    TOKYO -- Japan's big trading companies have found a new way to tap the wealth of Asia's emerging middle classes: Team up with hospitals and other medical service providers in the region. Mitsui & Co. in 2008 established its medical healthcare b

    November 28, 2014 01:00 pm JST
  • Asia-Pacific M&A

    Volume hits record high, China most targeted

    SINGAPORE -- Merger and acquisition volume in the Asia-Pacific region hit a record high for the year-to-date, according to latest statistics from global deal tracking company Dealogic. A total of 8,609 M&A transactions, worth $566.5 billion ha

    November 28, 2014 12:40 pm JST
  • Rise of ASEAN

    Growing investment abroad may speed free trade deals

    TOKYO -- Foreign direct investment is no longer a one-way street in ASEAN, with some wealthier members starting to make overseas investments in other members as well as Japan and other countries.Outward boundForeign direct investment net outflows fr

    November 28, 2014 02:05 am JST
  • GIC invests in Indonesia

    Singaporean sovereign wealth fund backs Rajawali

    SINGAPORE -- Buoyed by the prospect of economic reforms under the new government that are expected to tap long-term growth potential, the Singaporean sovereign wealth fund GIC is partnering Indonesia's Rajawali Group on property projects. With a

    November 27, 2014 09:48 pm JST
  • GMR vs. Maldives

    Indian construction major seeks $803M over scrapped airport deal

    NEW DELHI -- Indian developer GMR Infrastructure is claiming $803 million in damages from the Maldivian government for "wrongful repudiation" of an agreement to develop Male International Airport after the project was re-awarded to a company from Ch

    November 27, 2014 01:00 pm JST
  • Feeding Asia

    Japanese trading houses partner up to reach the region's tables

    TOKYO -- Japan's big trading houses are moving to take advantage of exploding demand for food around Asia. Critical to their strategies are partnerships in target markets. They are also going beyond their usual role as go-betweens, funneling signifi

    November 27, 2014 01:00 pm JST
  • Singapore Airlines prepares to fight back

    SINGAPORE -- Singapore Airlines, one of Asia's top airlines in terms of market capitalization, faces multiple challenges. Budget airlines have made Asia's skies overcrowded, and pressure is mounting in the luxury class segment because of ambitious M

    November 27, 2014 12:00 am JST
  • NAR Bangkok forum

    Localization, globalization keys to expansion, says Bank of Ayudhya CEO

    BANGKOK -- Localization of management and globalization of local employees are essential when expanding into foreign markets, said Noriaki Goto, CEO of Bank of Ayudhya, Thailand's fifth largest bank by assets, which was acquired by Japan's largest b

    November 26, 2014 10:00 pm JST
  • NAR Bangkok forum

    Can AEC overcome national interests and combine strengths? Yes, say auto bosses

    BANGKOK -- Three leaders of the region's automotive industry gave the ASEAN Economic Community grades of 8, 7 and 6 at the Nikkei Asian Review Forum in Bangkok on Wednesday. When asked how the AEC, to be launched at the end of 2015, is progressing,

    November 26, 2014 09:30 pm JST
  • NAR Bangkok forum

    GM seeks greater foothold in ASEAN market

    BANGKOK -- The upcoming ASEAN Economic Community could enhance the competitiveness of non-Japanese automakers despite their current smaller market share, according to Tim Zimmerman, president of General Motors' South East Asia Operations. He suggest

    November 26, 2014 08:10 pm JST
  • NAR Bangkok forum

    Nissan sees growth opportunity in ASEAN Economic Community

    BANGKOK -- The launch of the ASEAN Economic Community at the end of 2015 will offer the automobile industry a unique opportunity to reduce logistics costs and create a strategic production base, Toshiyuki Shiga, vice chairman of Nissan Motor, said a

    November 26, 2014 06:50 pm JST
  • Southeast Asian corporate bonds

    Market picks up steam on official credit guarantees

    MANILA -- Southeast Asia's corporate bond markets are becoming more lively thanks to an official credit guarantee program created by the 10-member Association of Southeast Asian Nations, Japan, China and South Korea. Many companies in Southeast

    November 26, 2014 02:00 pm JST
  • Japan-Singapore partnership

    Joint plan to help developing countries build infrastructure

    TOKYO -- Japan and Singapore plan to provide developing countries in the Middle East, Africa and the Pacific region with technological assistance for infrastructure development beginning in fiscal 2015. The first step for two governments will be

    November 26, 2014 02:00 pm JST
  • SGX's new tools

    Singapore bourse diversifies with petrochemical derivatives

    SINGAPORE -- Five new petrochemical derivatives are set to hit Singapore's market, including swaps and futures for polyethylene. The clearing services are to be launched in two stages -- the first in December. By offering a wider range of tools

    November 25, 2014 03:20 pm JST
  • Singapore economic growth expected to slow to about 3%

    SINGAPORE (Kyodo) -- The Singapore government said Monday it expects the economy to grow by about 3 percent this year, slower than the 3.9 percent last year. The Ministry of Trade and Industry projection on gross domestic product came along with

    November 25, 2014 01:45 pm JST
  • Mass-market cosmetics

    Japan's Shiseido, Kanebo putting best face forward in Asia

    TOKYO -- Japan's Shiseido and Kanebo Cosmetics are expanding their businesses in Asia, targeting the region's growing market for low-cost cosmetics for both men and women. Shiseido will bring its Za MEN brand of cosmetics for men to Singapore an

    November 25, 2014 02:16 am JST
  • Keeping tabs on trucks

    Isuzu to expand sales of tracking system

    TOKYO -- Isuzu Motors will broaden its international marketing next year of a telematics system that lets dispatchers track commercial vehicles and monitor their performance. The Japanese automaker already sells the wireless monitoring system in

    November 25, 2014 01:52 am JST
  • Globe Telecom growth

    Philippine company sees mobile banking potential in Myanmar

    MANILA -- Globe Telecom, a joint venture between Ayala Corp. of the Philippines and Singapore Telecommunications, is looking to Myanmar for regional expansion opportunities. Globe is opting not to compete directly in Myanmar's fledgling telecomm

    November 24, 2014 06:54 pm JST