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  • Rays of hope for Philippines' Mindanao peace process

    MINDANAO, Philippines/JAKARTA -- Musmaila Makalunas is still haunted by memories of bombs raining down. Until just a few years ago, the southern Philippine island of Mindanao was plagued by conflict between government forces and the Moro Islamic

    October 20, 2014 07:00 pm JST
  • Microfinance reaps benefits for small businesses, investors across Asia

    TOKYO -- Microfinance is increasingly used by small businesses across Asia to expand operations. The finance tool enables those in extreme poverty to borrow small amounts of money without collateral. The system is helping entrepreneurs and small

    October 19, 2014 01:00 pm JST
  • Signs of bubble collapse appearing in emerging Asia

    TOKYO -- The imminent normalization of U.S. monetary policy may spell bad news for investors. How bad? According to a recent report by the International Monetary Fund, the shift could see market players lose 8%, or $3.8 trillion, on their bond portf

    October 19, 2014 07:00 am JST
  • H&M moves into Manila

    MANILA -- Swedish fast fashion retailer H&M on Friday opened its first shop in the Philippines. The store opened in SM Megamall, one of the biggest shopping centers in Metropolitan Manila. The shop occupies three floors with 3,000 sq. meters of

    October 17, 2014 02:55 pm JST
  • Gregory Poling: China's legal guessing game in the Spratlys -- reef, rock or island?

    In June, the Philippine government released photographic evidence documenting China's efforts to expand five tiny spits of land it occupies in the disputed Spratly Islands: Johnson, Cuarteron, Hughes, Gaven and Eldad reefs. Subsequent reports have s

    October 16, 2014 01:00 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
  • Asia's coffee cravings contribute to inflated bean prices

    TOKYO -- Asia's growing taste for java means that high trading prices for coffee beans may not change anytime soon. A gloomy harvest outlook for Brazil, the world's No. 1 coffee grower, pushed up New York's benchmark contract to 200 cents per po

    October 16, 2014 12:00 am JST
  • ASEM's 10th summit most important yet

    Asia matters -- for Europe. And Europe matters -- for Asia. That is why the Asia-Europe Meeting (ASEM) was created in 1996. That is why it has become the key forum for dialogue and cooperation between Europe and Asia. And that is why on Oct. 16 and

    October 15, 2014 06:40 pm JST
  • Japan dotted with volcanoes that could erupt at any time

    TOKYO -- The recent eruption of Mount Ontake, Japan's worst postwar volcanic disaster, provided graphic evidence of the threat posed by active volcanoes. Japan has 110 active volcanoes, some 7% of the world total. Active volcanoes are those that

    October 14, 2014 07:00 pm JST
  • Bulls play on the Philippine bourse

    MANILA -- As the market surges, the Philippine Securities and Exchange Commission has approved three major equity offerings collectively valued at 18.9 billion pesos ($422 million). The regulator said on Monday that it has cleared initial public

    October 13, 2014 10:10 pm JST
  • Philippines emerging as global shipbuilding hub

    TOKYO -- The Philippines is quickly becoming a global shipbuilding hub by tapping into skills and resources of foreign players. In 2010, the country took over European rivals and has since then been the fourth-biggest shipbuilding nation in the worl

    October 12, 2014 01:00 pm JST
  • Philippines bets on economic boost from Manila coast casinos

    MANILA -- With the City of Dreams Manila casino resort set to throw open its doors as early as November, the Philippine government hopes the facility's gold-colored exterior portends riches for the country's economy. In developing the Manila coa

    October 9, 2014 04:52 am JST
  • Filipinos' love of loans has some worried, but not banks

    MANILA -- After five years of marriage, Ida and Gimo Lanot are set to buy their first home, an apartment in metropolitan Manila. However, with interest rates moving higher, they refuse to pull the trigger until they find a loan that is protected aga

    October 9, 2014 12:00 am JST
  • Due for trouble? The risks of Southeast Asian households' debt habit

    Brisk expansion of consumer credit across Southeast Asia has created several pockets of highly indebted households. As global liquidity conditions tighten next year, this may crimp economic growth in the region. With the U.S. Federal Reserve on

    October 9, 2014 12:00 am JST
  • Japan, Philippines sign pact to double maximum amount of currency swap

    TOKYO (Kyodo) -- Japan and the Philippines have signed an agreement to double the maximum amount of their currency swap arrangement to bolster financial market stability and bilateral economic and trade ties, the Finance Ministry said Monday. Th

    October 6, 2014 09:40 pm JST
  • Asian coffee demand one factor behind jacked-up bean prices

    TOKYO -- Coffee beans are trading at relatively high prices, and Asia's growing demand for java means that may not change anytime soon. A gloomy harvest outlook in Brazil, the world's No. 1 bean grower, pushed up the benchmark contract in New Yo

    October 4, 2014 01:00 pm JST
  • Manila's light rail extension gets on track

    MANILA -- Light Rail Manila Consortium (LRMC) on Thursday finally sealed an overdue contract with the Philippine government to expand and run the capital's longest overhead railway. The project will see the extension south of the 20.7km Light Ra

    October 2, 2014 10:55 pm JST
  • Southeast Asian car sales surge outside of Thailand, Malaysia

    BANGKOK -- New-car sales in the six leading Southeast Asian nations ebbed 0.4% on the year in August to 253,987 vehicles, with Thailand largely accounting for the 16th straight month of declines. Indonesia, the region's biggest market, saw sales

    October 2, 2014 04:40 am JST
  • Out of the cities and into the suburbs

    Retailers increasingly see Asia as a key growth area. A total of 53 million sq. meters of new shopping center space will be provided between 2014 and 2016 in Asia, according to data compiled by global real estate consultant Cushman & Wakefield.

    October 2, 2014 12:00 am JST
  • The advancement of shopping

    There are now more than 1,500 large- scale retail complexes throughout Asia, and construction is to start on hundreds more malls over the next two to three years. This is not surprising. The economies of the world's most populated region are growing

    October 2, 2014 12:00 am JST