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  • Universal Robina, Japan's Calbee in Philippine snack venture

    MANILA-- Universal Robina (URC) of the Philippines and Calbee of Japan have struck a joint venture deal to bring the Japanese snack food maker's products to the Southeast Asian country. The tie-up took effect March 28, two months after the two com

    March 31, 2014 07:00 pm JST
  • Mindanao peace deal adds to Philippines' bullishness

    MANILA -- The Philippine government recently forecast the country's economy will grow by 7.5-8.5% in 2016, which would top the 7.2% growth it saw in 2013 that was enough to put it atop the Association of Southeast Asian Nations. An end to decade

    March 31, 2014 07:00 pm JST
  • ADB prices 1.5 billion euro supernational bond: Dealogic

    Asian Development Bank on March 25 priced a 1.5 billion euro ($2 billion) supernational bond via bookrunners BNP Paribas, Deutsche Bank, Goldman Sachs and HSBC.(Dealogic)Click the icons below for further details.

    March 31, 2014 02:19 pm JST
  • Bloomberry Resorts' losses double to $29M in 2013

    MANILA -- Philippine casino operator Bloomberry Resorts remained in the red in 2013 due to mounting expenses associated with high operating costs and interest payments, the company said in a financial statement released Monday. The company poste

    March 31, 2014 01:57 pm JST
  • Mitsubishi Motors to buy Philippines factory from Ford

    TOKYO -- Mitsubishi Motors will purchase a factory in the Philippines from Ford Motor as a step toward bolstering its production operations in Southeast Asia to capture growing demand. The Japanese carmaker operates facilities in the Philippines

    March 31, 2014 01:56 am JST
  • Haier to sell high-end Aqua appliances in Southeast Asia

    OSAKA -- China's Haier Group plans to take the Aqua brand inherited from Sanyo Electric on the road to Southeast Asia, using the brand to cultivate business among the region's well-to-do consumers looking for high-quality white goods. The Chines

    March 29, 2014 02:49 am JST
  • Woody Epstein: On the risk of becoming stupid

    In the 1980s, I used the Defense Advanced Research Projects Agency Network, or Darpanet, to collaborate with colleagues worldwide. Web browsers did not yet exist, but a text-based program called Lynx allowed us to use the Web programming language H

    March 27, 2014 10:00 am JST
  • Let foreign domestic workers ease strains for Japanese families

    Stories of working women having to quit their jobs for family reasons -- to care for their aging parents, to focus on their children -- and of women who give up on having kids altogether to keep their careers on track are commonplace in Japan. Reade

    March 27, 2014 12:00 am JST
  • On the risk of becoming stupid

    In the 1980s, I used the Defense Advanced Research Projects Agency Network, or Darpanet, to collaborate with colleagues worldwide. Web browsers did not yet exist, but a text-based program called Lynx allowed us to use the Web programming language H

    March 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Ramkrishna: India's reforming stock market chief

    MUMBAI -- Chitra Ramkrishna is the first woman to head an Indian stock exchange. The CEO of the National Stock Exchange of India took office in April last year. She sees renovating the country's trading system while listening to the voice of the

    March 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Huawei's Ren moves into diplomacy

    GUANGZHOU, China -- Ren Zhengfei has built Huawei Technologies into a global giant. The CEO is now focused on corporate diplomacy. He invited George Osborne, Britain's chancellor of the exchequer, to his corporate head offices in October. Ren pr

    March 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Acer's Shih returns amid PC problems

    TAIPEI -- Stan Shih is back. The 69-year-old co-founder of major Taiwanese PC maker Acer retired from the company's management about nine years ago. He returned last November when Chairman and CEO J.T. Wang stepped down because of the company's

    March 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Silent Cyrus: Tata's enigmatic Mistry pushes for revival

    NEW DELHI -- Cyrus Mistry became chairman of Tata Sons at the wrong time. The secretive chairman took the helm of the holding company of the Tata Group, India's largest industrial house, in December 2012. In an interview with The Nikkei, his pr

    March 27, 2014 12:00 am JST
  • Climate change panel warns of flooding risk in Asia

    TOKYO -- Should average temperatures rise 4 C by the end of the century, Asia faces an extremely high risk of frequent massive flooding and heat stroke deaths, according to the findings of a United Nations panel on climate change. That sobering

    March 26, 2014 04:47 am JST
  • Singapore's Tigerair orders 37 aircraft from Airbus

    SINGAPORE -- Singapore's Tiger Airways Holdings (Tigerair), ordered new 37 aircraft from Airbus. The deal is worth $3.8 billion based on the Airbus list price, though Tigerair said it negotiated a "significantly lower" price. A320neo, the manufa

    March 25, 2014 01:00 pm JST
  • San Miguel proposes $10B airport for Manila

    MANILA -- Philippine conglomerate San Miguel plans to build a $10 billion airport to replace the aging and congested gateway currently serving the country's capital. "I am set to present this airport project to the president (Benigno Aquino III)

    March 25, 2014 12:47 am JST
  • The latest mall attraction in the Philippines? Ice rinks

    MANILA -- People in the steamy Philippines are increasingly taking to the ice rink. Many have been inspired by a 17-year-old figure skater who made a name for himself at last month's Winter Olympics. And since the boom is coinciding with a surge

    March 24, 2014 07:00 pm JST
  • Corporate Japan raring to spend in Southeast Asia: survey

    TOKYO -- Japanese companies are ready to ramp up capital investment overseas, especially in Southeast Asia, according to a survey of top executives compiled Saturday by The Nikkei. The quarterly poll aims to draw responses from at least 100 pres

    March 23, 2014 02:00 am JST
  • New investment fund to play Asia matchmaker for Japanese companies

    TOKYO -- Sumitomo Mitsui Trust Bank and the Japan Bank for International Cooperation are establishing a fund that will help Japanese companies find acquisition targets across Asia. To be formed with major British private equity firm CVC Capital

    March 23, 2014 01:30 am JST
  • Now on the menu: halal-certified Japanese cuisine

    TOKYO -- Japan is seeing a surge in visitors from predominately Muslim countries in Southeast Asia, for business as well as tourism. The trend is widening a niche in the Japanese culinary market: food prepared in accordance with Islamic law. Akm

    March 22, 2014 01:00 pm JST