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  • SingTel allies with SoftBank for Japanese business

    SINGAPORE -- Singapore Telecommunications (SingTel) has linked up with SoftBank Telecom to expand business with Japanese corporations based in Singapore. SoftBank will act as a one-stop agent for SingTel services that range from basic telecoms t

    October 23, 2014 11:40 pm JST
  • Ascott in Quest for Australian strategic partner

    SINGAPORE -- The Ascott Limited has taken a 20% strategic stake in Australian serviced apartment operator Quest for 28.8 million Australian dollars ($25.4 million), with an option for up to 30%. Ascott, the world's largest serviced residence own

    October 23, 2014 10:30 pm JST
  • Taiwan, Hong Kong investors targeting Japanese real estate

    TAIPEI/HONG KONG/TOKYO -- Rich individuals from Taiwan and Hong Kong are turning toward Japanese real estate as rising prices at home squeeze returns on investments there. Many Japanese properties generate yields of 4-6% after management fees an

    October 23, 2014 02:31 am JST
  • Singapore bids to be Asia's legal hub with new commercial center

    SINGAPORE -- With its eyes on the broad benefits of becoming an international legal hub, Singapore is steadily moving toward setting up a court for cross-border business lawsuits. The Singapore International Commercial Court is slated to be set up e

    October 23, 2014 12:00 am JST
  • Widodo takes reins amid hopes, challenges

    JAKARTA -- Joko Widodo was sworn in as Indonesia's seventh president on Oct. 20. The country's first leader from outside its circle of elites, Widodo has raised hopes with his promises to tackle corruption, narrow the budget deficit and cut red tape

    October 23, 2014 12:00 am JST
  • Singapore pension system rated Asia's best

    SINGAPORE -- Asia's most effective retirement income system can be found in Singapore, according to a new report by U.S.-based consultancy Mercer and the Australian Center for Financial Studies. The city-state was ranked 10th out of 25 countries in

    October 23, 2014 12:00 am JST
  • Low volatility dampens Singapore Exchange results

    SINGAPORE -- Singapore Exchange (SGX) saw net profit fall 16% year on year to 78 million Singapore dollars ($62.4 million) in its first quarter ending Sept. 30, while revenue fell 8% to S$169 million. Although the SGX derivatives market saw grow

    October 21, 2014 11:52 pm JST
  • High growth in Asia-Pacific of high net worth individuals

    SINGAPORE -- The wealth held by high net worth individuals (HNWIs) in emerging Asia is predicted to grow at about 12.3% annually from 2013 to 2016, and at about 8.4% for their counterparts in more mature Asian economies, according to the Asia-Pacifi

    October 21, 2014 09:07 pm JST
  • Singapore fights to contain obesity epidemic

    SINGAPORE -- The government here is tackling the growing obesity rate head on, introducing various measures to reverse the trend before it gets out of hand. The situation in this prosperous Southeast Asian nation can serve as a warning for other up-

    October 21, 2014 07:00 am JST
  • Daifuku to borrow yuan in Singapore

    SHANGHAI -- The Chinese unit of Daifuku, a Japanese manufacturer of equipment for logistics facilities, plans to borrow yuan in Singapore instead of China to take advantage of lower interest rates. The company will borrow about 48 million yuan (

    October 21, 2014 12:53 am JST
  • Indonesia's new president stresses self-reliance, maritime ambitions

    JAKARTA -- Indonesia's newly sworn-in president on Monday vowed to achieve political, economic and cultural self-reliance and rallied compatriots to "redeem our glory as a maritime country." "We will maintain a free and active" foreign policy as

    October 21, 2014 12:40 am JST
  • Japanese food companies gather in Singapore

    SINGAPORE -- Japanese food companies, from rice producers to confectionery makers to restaurants to processing machine manufacturers, gathered in Singapore to sell their products to the Southeast Asian market. They participated last week in two

    October 20, 2014 08:00 pm JST
  • Keppel Land boosts office space in Jakarta

    SINGAPORE -- Keppel Land, the Singaporean real estate developer, is boosting the office space it handles in Jakarta. The company announced Sunday it will inject some 266.4 million Singapore dollars ($213 million) to redevelop an existing 18-stor

    October 20, 2014 07:35 pm JST
  • Japan pushes rice to snare a bigger share of global market

    TOKYO -- Exports of high quality Japanese rice are increasing to meet the surging global demand. Shipment figures for 2013 had exports at a record high of over 3,000 tons. If both private and public stakeholders work to overcome current barriers

    October 20, 2014 07:00 pm JST
  • 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