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  • Jollibee expansion

    Philippine food group expands China presence with Dunkin' Donuts

    MANILA -- Jollibee Foods, the largest food service network in the Philippines with plans to become the largest in Asia, announced on Friday a joint venture to establish over 1,459 outlets for Dunkin' Donuts in China over the next 20 years. In a

    December 19, 2014 10:50 pm JST
  • TV digitization

    Philippines looks to complete broadcasting transition in 5 years

    MANILA -- The Philippine government has set the stage for a long-overdue shift to digital television. President Benigno Aquino last year announced that the country would use Japan's Integrated Services Digital Broadcast-Terrestrial, or ISDB-T, s

    December 18, 2014 07:30 pm JST
  • Rizal share sale

    Taiwan's Cathay Financial buys 20% stake in Philippine lender

    MANILA -- Taiwan's Cathay Financial Holding has purchased a 20% interest in Rizal Commercial Banking (RCBC) for 17.92 billion Philippine pesos ($402 million). The transaction was made through subsidiary Cathay Life Insurance, which bought 280 mi

    December 18, 2014 07:05 pm JST
  • San Miguel's energy push

    Blackout fears spark Philippine power-plant expansion

    MANILA -- Major Philippine conglomerate San Miguel is building more power plants to meet soaring domestic demand. With the country's rapid economic growth outpacing infrastructure development, crippling energy shortages are becoming a very real thre

    December 18, 2014 07:00 pm JST
  • Tony Tan

    Setting standards for funds passports

    Since August, investors in Malaysia, Singapore and Thailand have been allowed to buy into retail funds offered by fund managers from across ASEAN. Officials are finalizing plans for cross-border fund sales between Hong Kong and mainland China wh

    December 18, 2014 07:00 pm JST
  • Coffee farming

    Philippines tries to reignite production

    TAGUM, The Philippines -- On a searing afternoon in Tagum, a provincial capital at the southern end of the Philippine islands, a large truck carrying more than 200 sacks of dried coffee beans arrives at a coffee buying station. Almost immediatel

    December 18, 2014 01:00 pm JST
  • PTTEP, Garuda and others

    Falling crude, currencies hurt some Southeast Asia stocks, help others

    BANGKOK -- The drop in crude oil prices and the weakening of local currencies has impacted the stock prices of major corporations in Southeast Asia, with resource companies getting hit hard from falling crude prices while airlines get a boost. A

    December 18, 2014 04:03 am JST
  • SGX forging regional links

    Singapore bourse out to cement Asian trading hub status

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • More money, more guns

    Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • SGX out to cement Asian trading hub status via partnerships

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • Discount carriers take off in Southeast Asia

    Budget carriers are gaining profile in the global air travel industry, with market share in North America, West Europe and two other major regions now over 30%. In Southeast Asia, that figure jumped from just 3% in 2001 to over 50% in 2012. The rapi

    December 18, 2014 12:00 am JST
  • Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Manila gives Beijing's bank project benefit of the doubt

    MANILA -- The Philippines insists that the massive infrastructure bank initiated by China should not be used to advance Beijing's regional political interests, Finance Secretary Cesar Purisima said in an interview with the Nikkei Asian Review. T

    December 18, 2014 12:00 am JST
  • Southeast Asia's traffic woes

    Japanese companies try to ease congestion with technology

    JAKARTA/BANGKOK/TOKYO -- Japanese companies are helping Southeast Asian cities ease traffic congestion, which looks set to get worse if nothing is done. Toyota Motor spent 15 million yen ($127,215) and teamed up with 23 of its local group compa

    December 17, 2014 07:00 pm JST
  • Nikkei/FT symposium

    Experts say Japan should help Southeast Asia strengthen regional ties

    TOKYO -- A Japan Bank for International Cooperation official said Japan needs to provide investments and loans to ASEAN to build electric power facilities, railroads and ports. Senior managing director of the JBIC, Tadashi Maeda, said, "Infr

    December 17, 2014 06:50 pm JST
  • Southeast Asian bourses

    Regional stock markets sliding on oil

    KUALA LUMPUR/JAKARTA -- Stock markets in Southeast Asia took a battering on Tuesday as weakening currencies and falling oil prices triggered a global sell-off of risky assets in emerging markets. The Russian rouble collapsed to a record low of 8

    December 17, 2014 02:05 am JST
  • Make way for the Ivo and Knight X

    Indonesia and the Philippines have their own smartphone brands

    TOKYO/JAKARTA/MANILA -- In Indonesia and the Philippines, domestic smartphone makers could soon be selling more mid- to low-end handsets than their Chinese rivals. Sat Nusapersada, an Indonesian contract manufacturer, is making low-end smartphon

    December 16, 2014 07:00 pm JST
  • Nomura on Abenomics

    Report gauges impact overseas of Japanese reforms

    SINGAPORE -- Malaysia and other key ASEAN countries are likely to be the most affected by the success or failure of Abenomics, the economic reform policies promoted by Japan's Prime Minister Shinzo Abe, according to a report by Japan's Nomura Securi

    December 16, 2014 12:06 am JST
  • India's Act East

    Modi targets $100 billion in trade with ASEAN for 2015

    NEW DELHI -- India's trade with the 10-member Association of Southeast Asian Nations (ASEAN) currently stands at around $80 billion and could jump by a quarter in 2015. "We hope by 2015 it will touch $100 billion and [double] by 2022," said Comm

    December 15, 2014 10:43 pm JST