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  • Pearson to expand low-cost schooling in poor countries

    TOKYO -- U.K. education and media company Pearson is expanding its private-school business aimed at developing countries, planning to open 30-50 junior high schools in the Philippines by 2015. The schools typically charge several dollars in mont

    March 17, 2014 01:00 pm JST
  • Mitsubishi to help upgrade Myanmar's water systems

    TOKYO -- Japanese trading house Mitsubishi will partner with a Philippine water service firm to help improve the water-supply systems in Myanmar. Mitsubishi and Manila Water will test a program designed to raise the fee collection rate and reduc

    March 17, 2014 12:38 am JST
  • SM Prime, Philippines' top mall operator, ramps up expansion

    MANILA -- SM Prime Holdings, the Philippines' top shopping mall operator, is embarking on an expansion kick. As the country's economy booms, the company intends to build up its network of shopping centers to 75 over the next five years, accordin

    March 14, 2014 07:00 pm JST
  • ASIA'S NEXT VANGUARD 2014: Samsung: The son also rises

    SEOUL -- Lee Jae-yong is all but guaranteed to lead Samsung Electronics into the future. His father, Lee Kun-hee, heads the Samsung group of South Korea and is the owner-chairman of Samsung Electronics. He has run the company with an iron fist b

    March 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Ho bets on 'eternal' Chinese consumption

    SINGAPORE -- Ho Kwon Ping, executive chairman of Banyan Tree Holdings, an operator of upscale hotels and resorts based out of Singapore, is banking on China. He expects the Chinese government will move to bolster personal spending. Banyan Tree i

    March 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Thailand's 'Whiskey King' gives regional expansion a shot

    BANGKOK -- Charoen Sirivadhanabhakdi, chairman of Thai Charoen Corp. Group, a major conglomerate with Thai Beverage at its core, is widely known at home as the "Whiskey King." He has his eyes on a wider share of the Association of Southeast Asia

    March 13, 2014 12:00 am JST
  • What territorial dispute? Chinese tourists enjoy the Philippines anyway

    MANILA -- Chinese tourist arrivals in the Philippines surged last year, despite a lingering dispute between the two countries over the ownership of islands in the South China Sea. This territorial tension continues. Signs of reconciliation on bo

    March 12, 2014 08:00 pm JST
  • Investing in Southeast Asia gets riskier

    TOKYO -- Rising costs in Southeast Asia have made the region's business investment environment more challenging. Sitting on the terrace of his mansion in Singapore, Jim Rogers speaks on Yoma Strategic Holdings, a Myanmar property developer. The

    March 10, 2014 07:00 pm JST
  • New TV channels in Southeast Asia raise Japan's profile

    TOKYO -- Amid Southeast Asia's exponential economic growth, people in the region are embracing foreign TV shows as part of their regular media consumption. A number of Japanese companies are trying to ride this trend, launching new TV channels t

    March 7, 2014 04:24 pm JST
  • Woody Epstein: Probabilities and possibilities

    We have more than our share of extreme natural disasters in Asia. Earthquakes and tsunamis, volcanic eruptions and typhoons. The severity and costs are impossible to predict. Drawing up effective emergency plans is a Sisyphean task. How should w

    March 7, 2014 03:30 pm JST
  • Japan to help Southeast Asia set up oil reserves

    TOKYO -- The Japanese government will assist Southeast Asian countries in establishing strategic petroleum reserves, an initiative aimed at reducing the risks of supply disruptions and stabilizing prices. The Ministry of Economy, Trade and Indus

    March 7, 2014 04:05 am JST
  • Businesses plan for eruption disruptions

    TOKYO -- Volcanic eruptions are a business risk in Asia, particularly in Indonesia, the Philippines and Japan. Many companies are racing to prepare for the potentially disruptive consequences. The key risks are loss of life and property damage.

    March 6, 2014 12:00 am JST
  • Probabilities and possibilities

    We have more than our share of extreme natural disasters in Asia. Earthquakes and tsunamis, volcanic eruptions and typhoons. The severity and costs are impossible to predict. Drawing up effective emergency plans is a Sisyphean task. How should w

    March 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Park one part of a conducting duo

    SEOUL -- Park Hong-seok considers teamwork and innovation as the keys to success at his company, electronic appliance maker Moneual. The company produces electrical appliances that have unique functions and refined design. It offers, for example

    March 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Two at the top for TSMC

    TAIPEI -- Taiwan's TSMC remains the world's largest semiconductor foundry, or contract semiconductor producer. The company's two presidents -- Mark Liu, 59, and C. C. Wei, 60 -- last November jointly took over the CEO position from Chairman Morris C

    March 6, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Saha head seeks Japan Inc. help

    BANGKOK -- Japanese convenience is key to growth for Saha Group Chairman Boonsithi Chokwatana. Saha Group, Thailand's largest consumer products conglomerate, runs about 80 joint ventures with Japanese companies. 2014 is likely to be the year the

    March 6, 2014 12:00 am JST
  • Zippy economy restores sheen to Philippine stocks

    MANILA -- Global stock investors are taking a fresh look at the Philippines, and they like what they see. The benchmark Philippine Stock Exchange index was stuck at around 6,000 earlier this year. But an outflow of cash, triggered by the U.S. qu

    March 6, 2014 12:00 am JST
  • Southeast Asia's new car sales down 16% in January

    BANGKOK -- New car sales for six major Southeast Asian countries declined for the ninth straight month in January, falling 16% on the year to 254,264 units. Sales were dragged down largely by the end of the Thai government's subsidy program for firs

    March 3, 2014 01:10 pm JST
  • Japan to send 3,000 Japanese language-teaching assistants to ASEAN

    TOKYO -- The Japanese government plans to send at least 3,000 Japanese-language teaching assistants to the 10-member Association of Southeast Asian Nations (ASEAN) by 2020. The planned dispatch of Japanese people to Japanese-language educational

    March 1, 2014 08:00 pm JST
  • Rakuten, Line want to overturn world of traditional phone calling

    TOKYO -- Smartphone chat apps are taking enormous revenue bites out of traditional mobile voice communications. And they are just getting started. On Feb. 26, Line, the Tokyo-based operator of the free call and messaging app of the same name,

    February 28, 2014 01:00 pm JST