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  • AirAsia to focus more on cutting costs as competition rises

    SINGAPORE -- AirAsia is moving away from its conventional focus on route expansion and toward cost-cutting measures as Southeast Asia's largest budget airline faces growing competition in the region. Tony Fernandes, founder and CEO of the Malay

    March 4, 2014 07:00 pm JST
  • Soft rupiah clipping Indonesian airlines' wings

    JAKARTA -- Indonesia's weakened home currency is pushing up costs for airlines in the region, forcing them to sharply reduce or suspend flights even as ticket sales increase. Landings and departures at 26 Indonesian airports topped 1.3 million i

    March 4, 2014 07:00 am JST
  • Sovereign wealth funds buying more Japanese stocks

    TOKYO -- Sovereign wealth funds are stepping up their purchases of shares of Japanese companies seen as having raised their growth potential due to continued restructuring and the economic policies of Prime Minister Shinzo Abe. One of the world'

    March 3, 2014 04:15 am JST
  • Japan's casino push not yet a boost for Genting Singapore

    SINGAPORE -- Shares in casino and integrated resort operator Genting Singapore are trading lower on disappointing earnings and a dim outlook for the coming year. The company operates facilities in Singapore under Malaysia's Genting group. In ear

    February 28, 2014 02:00 pm JST
  • Singapore real estate stocks slump amid investment curbs

    SINGAPORE -- Restrictions on property investment aimed at controlling sky-high prices are undermining the earnings and stock prices of real estate companies here. The October-December net profit at City Developments Ltd., the city-state's second

    February 28, 2014 04:55 am JST
  • Brahma Chellaney: Energy challenges test water-stressed Asia

    Asia is attracting more attention than ever before, in large part because of its re-emergence after a two-century decline. Amid the world's ever-growing energy focus, Asia's serious energy challenges have driven sharpening oil-and-gas competition th

    February 27, 2014 02:00 pm JST
  • Energy challenges test water-stressed Asia

    Asia is attracting more attention than ever before, in large part because of its re-emergence after a two-century decline. Amid the world's ever-growing energy focus, Asia's serious energy challenges have driven sharpening oil-and-gas competition th

    February 27, 2014 12:00 am JST
  • Ads on the go

    BANGKOK -- It was not so long ago that mobile phone users would express horror at the thought of their hand-held devices being invaded by marketers; now, mobile advertising is one of the fastest growing revenue streams in the digital sector, and Asi

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Meet Hong Kong's Wong, the 'Magic Boy'

    HONG KONG -- Ricky Wong Wai-kay, chairman of Hong Kong Television Network, is nicknamed "Magic Boy." He has continued to challenge regulatory restraints in Hong Kong, a special administrative region of China known as one of the most business-friendl

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Ang angles for San Miguel diversification

    MANILA -- Ramon Ang is considered an effective and powerful leader who can "execute the country's national strategy all alone" in the Philippines. The president of San Miguel oversees his company's domination of the domestic beer market. San Miguel

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, commands the economy with a cool head. Temasek has Singapore Telecommunications and other leading companies in its portfolio. It has be

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Suh naturally looks to China

    SEOUL -- Suh Kyung-bae has his eyes on China. The chairman of AmorePacific, South Korea's leading cosmetics maker, is looking to capitalize on the popularity of his country in the neighboring nation. AmorePacific has enjoyed steady growth in ove

    February 27, 2014 12:00 am JST
  • Japanese construction companies rack up Southeast Asian contracts

    TOKYO -- Southeast Asian countries are scurrying to develop infrastructure, and Japanese general contractors are snagging quite a few of the orders. While Japan's construction companies stand to reap rewards as Tokyo prepares to host the 2020 S

    February 26, 2014 01:00 pm JST
  • Time for Abe to spend some political capital on TPP

    SINGAPORE --"Expressionless," rather than "exhausted," better describes the ministers after the latest round of Trans-Pacific Partnership free trade talks. Gone was the enthusiasm visible until the end of last year. Japan and the U.S. left the r

    February 26, 2014 06:19 am JST
  • Japan, US fail to seal TPP deal

    SINGAPORE -- A broad agreement on the terms of a cross-Pacific trade pact has again proved elusive as the two biggest economies at the negotiating table remain at odds over tariffs. The latest round of ministerial talks on the Trans-Pacific Part

    February 26, 2014 04:39 am JST
  • Fujitsu's IT business to hone in on banks in Southeast Asia

    TOKYO -- Fujitsu will launch a new Singapore unit charged with promoting its hardware and information technology solutions to the financial sector in Southeast Asia, with an eye on growing demand from Japanese megabanks operating there. With an

    February 26, 2014 12:37 am JST
  • China's Xiaomi to expand into Singapore

    SINGAPORE -- Chinese low-cost smartphone maker Xiaomi will start selling smartphones in Singapore on Thursday, making its first stride in expansion beyond mainland China, Taiwan and Hong Kong. The company will roll out its popular model under th

    February 25, 2014 06:18 am JST
  • Licensing businesses battle in Asia

    The world was in attendance at the 12th Hong Kong International Licensing Show, which took place at the Hong Kong Convention and Exhibition Centre early last month. Asia's largest licensing exhibition, the event, organized by the Hong Kong Trade Dev

    February 23, 2014 01:00 pm JST
  • Fading Japan

    TOKYO -- Time was when Japan was so much more economically powerful than any other Asian nation that many reports on the region's economy excluded the Land of the Rising Sun. This was the only way to ensure accurate analyses. But the term "Asia exce

    February 23, 2014 01:00 pm JST
  • Top Asean economies log $1.17 trillion consumer spending in 2013

    SINGAPORE -- Consumer spending in the five major Southeast Asian countries -- Indonesia, Thailand, the Philippines, Malaysia and Singapore -- continues to expand. It reached around $1.17 trillion in 2013, 1.6% higher than a year ago. The figure,

    February 23, 2014 02:00 am JST