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  • Without action today, Asia's future will be a dry one

    Asia is the world's largest and most economically dynamic continent. But it is also the driest, and its future may depend on how well it deals with what a U.N. panel on climate change is calling a growing risk of drought-related water and food short

    April 24, 2014 12:00 am JST
  • Harsh trust climate hits Singapore market

    SINGAPORE -- Share issues in Singapore, traditionally the busiest stock market in Southeast Asia, fell to a nine-year low in the first quarter on worries over higher interest rates and weak local share prices. Globally, equity capital market vol

    April 24, 2014 12:00 am JST
  • Japanese logistics give Southeast Asia the chills

    TOKYO -- Japan's logistics companies are rolling out cold-chain services in Southeast Asia, winning over local retailers, restaurants and the growing number of people in the region with higher disposable incomes. Southeast Asian consumers have t

    April 24, 2014 12:00 am JST
  • Water, water, anywhere?

    Serious water shortages are affecting many parts of Asia. While the major factor behind the situation is climate change, which has exacerbated existing conditions such as drought, there are other factors at play. Much of Asia's population has tr

    April 24, 2014 12:00 am JST
  • Dry spell highlights Malaysia's water-policy weaknesses

    KUALA LUMPUR -- Rainfall is abundant throughout the year in tropical Malaysia and Singapore, with both countries receiving an average of more than 2,000mm of precipitation annually. But an unusual dry spell has kept policymakers on their toes and ra

    April 24, 2014 12:00 am JST
  • Singtel offers video analytics service for retailers

    SINGAPORE -- Singapore Telecom has launched a cloud-based video analytics service for retailers. Singtel has tied up with KAI Square, a solution provider, to provide a system that enables shop managers to understand customer information through

    April 23, 2014 07:20 pm JST
  • Singapore's Sembcorp boosts properties business, revives dormant subsidiary

    SINGAPORE -- Sembcorp Industries, a major government-affiliated conglomerate, is reviving Sembcorp Properties to act as a residential and commercial property development arm. Sembcorp Properties will focus mainly on residential and commercial develo

    April 22, 2014 07:21 pm JST
  • Singapore's Temasek invests in chocolate distributor FNA

    SINGAPORE -- Temasek Holdings has invested in FNA Group International, the largest chocolate distributor and retailer in Singapore. FNA is expanding across Asia with its network of multi-brand chocolate stores under The Cocoa Trees brand. It is

    April 22, 2014 07:00 pm JST
  • CapitaLand to focus on China and Singapore

    SINGAPORE -- CapitaLand is narrowing its focus to core markets such as Singapore and China to tap high growth. The company is one of the largest real estate companies in Southeast Asia and well known for its expertise in developing building complexe

    April 22, 2014 07:00 pm JST
  • Immigration rules may hit Singapore back-office business: report

    SINGAPORE -- Tighter restrictions on who may work in Singapore may lead some global banks to shut down their back-office operations in the city-state, Standard Chartered Bank warned in a recent equity research report. Government regulations aime

    April 22, 2014 01:00 pm JST
  • Singapore-listed Transcu in reverse takeover by local construction company

    SINGAPORE -- Singapore-listed biotech company Transcu Group announced Monday it had signed a conditional sale and purchase agreement with Singapore-based Straits Construction Group. Straits Construction is a private company, and therefore the tr

    April 22, 2014 10:27 am JST
  • Japan's big worry over Crimea situation -- China's ambitions

    TOKYO -- Broadly speaking, there are two types of diplomatic talks involving government leaders -- well-prepared meetings with conclusions decided in advance, and earnest talks without any prepared endgame. Leaders from the Group of Seven major

    April 21, 2014 01:00 pm JST
  • Profits down 5% at Singapore's Keppel

    SINGAPORE -- Keppel Corp., the world's top offshore drilling rig builder, announced net profits for the first quarter were down 5% compared to the same quarter a year ago at 338 million Singapore dollars ($279 million). Its revenue rose 9% to S$2.99

    April 17, 2014 07:15 pm JST
  • Suzuki aims for car that gets 40km per liter

    TOKYO -- Suzuki Motor says it will create cars that can run for 40km per liter of gasoline by improving its existing technologies. The moves comes as Suzuki seeks to reinforce its presence in emerging economies, where demand for efficient cars i

    April 17, 2014 01:00 pm JST
  • Indian Ocean nations eye stronger 'blue economy'

    TOKYO -- Attempts to foster economic cooperation are gathering momentum among Indian Ocean nations. The Indian Ocean Rim Association is an organization made up of 20 countries with a combined population of over 2 billion people. It covers a vast

    April 17, 2014 12:00 am JST
  • Novartis opens $160M eye care products plant in Singapore

    SINGAPORE -- Global pharmaceutical giant Novartis opened a new production facility in Singapore on Monday. The new plant was opened by its eye care division, Alcon, and will produce eye care products to meet growing demand in Asia. The 30,658-sq

    April 16, 2014 06:27 pm JST
  • Temasek pours $150M into Nigerian gas company

    SINGAPORE -- Temasek Holdings, Singapore's sovereign wealth fund, has committed to invest $150 million in Nigerian gas company Seven Energy International. The investment falls under Temasek's strategy of increasing exposure to the energy and resourc

    April 16, 2014 04:40 pm JST
  • Optimistic Capitaland offers to buy out China-focused subsidiary

    SINGAPORE -- Capitaland management has reaffirmed its confidence in the Chinese market by announcing a take-over offer for Capitamalls Asia, a shopping mall developer and operator in which Capitaland already owns a 65.3% stake. Capitaland says that

    April 16, 2014 02:26 pm JST
  • Newer Asean members' revenues pinched by free trade zone

    HANOI -- Less-developed members of Asean are struggling to replace tax revenues being lost as they move to reduce tariffs in line with the Southeast Asian bloc's plans for regional economic integration. To promote free trade across the region, m

    April 16, 2014 02:10 am JST
  • Singapore Airlines becomes lead sponsor of city-state's F1 race

    SINGAPORE -- Formula One's Singapore Grand Prix has a new title sponsor: Singapore Airlines. The carrier announced today that it has inked a two-year deal with Formula One Group, the entity that oversees F1. Since the circuit added Singapore in

    April 15, 2014 07:00 pm JST