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  • MUFG leads Japan megabanks' charge into SE Asia

    TOKYO -- Japan's three megabank groups are strengthening ties with Southeast Asian banks in an effort to broaden their customer base and expand the types of services offered.Mitsubishi UFJ Financial Group's Southeast Asian lending balance rose 9% in

    July 7, 2017 10:01 am JST
  • Neighbors back Philippines against Islamic State-linked fighters

    MANILA/SYDNEY -- Countries in the Asia-Pacific are coming to the Philippines' aid in its fight against Islamic State-linked militants in the city of Marawi, in a bid to prevent Southeast Asia from becoming the terrorist group's next stronghold as it

    July 6, 2017 10:56 am JST
  • ASEAN's manufacturing index comes in flat as demand wanes

    HONG KONG After five months of expansion, Southeast Asia's manufacturing activity turned flat in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at the boom-or-bust line of 50.Indonesia, Myanmar and Malaysia experienc

    July 6, 2017 10:00 am JST
  • US human trafficking report draws mixed reactions in Asia

    BANGKOK The annual Trafficking in Persons Report by the U.S. State Department has drawn mixed reactions in Southeast Asia, where human trafficking and forced labor have long been sensitive issues, while China bristled at the intrusion on its "intern

    July 6, 2017 10:00 am JST
  • Two Southeast Asian exhibitions open in Tokyo

    TOKYO Two groundbreaking exhibitions of Southeast Asian art opened in the Japanese capital in early July. One tells the story of the immense changes the region has experienced over the past few decades; the other focuses on Thailand's long history.

    July 6, 2017 10:00 am JST
  • ASEAN manufacturing snaps 5-month growth streak

    HONG KONG -- Southeast Asian factory activity snapped a five-month streak of expansion in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at 50 -- right on the boom-or-bust line.Indonesia, Myanmar, and Malaysia experien

    July 5, 2017 02:00 pm JST
  • Gianfranco Casati

    Digital readiness can sustain growth of emerging Asia

    Forecasting the success or failure of emerging markets is a tricky game. Attempts have seen the creation of acronyms like BRICs and MINTs. They have been the source of dreams dating back to Marco Polo. For every index that suggests renewed optimism

    July 5, 2017 09:00 am JST
  • Duncan McCargo

    Rebranding the Marcos legacy

    The legacy of former Philippine President Ferdinand Marcos is alive and well in his home region of Ilocos Norte at the northwestern tip of the country. Banners commemorating the centenary of his 1917 birth are festooned across the front of the provi

    July 4, 2017 04:39 pm JST
  • FT Confidential Research

    Duterte's popularity on the line in southern Philippine conflict

    An end to President Rodrigo Duterte's offensive against Islamist extremists in the southern Philippine state of Mindanao does not seem imminent more than a month into the conflict. A drawn-out war would erode support for the president.The country's

    July 4, 2017 11:00 am JST
  • New central bank boss sees threat to Philippines' best-laid plans

    MANILA -- Nestor Espenilla on Monday formally assumed the governorship of the Philippine central bank, mindful of the risk that monetary tightening in advanced economies could hamper the country's growth.Espenilla, a career central banker, last serv

    July 3, 2017 08:34 pm JST
  • As Philippines battles terror, neighbors worry who is next

    MANILA -- Entrenched armed conflict between Islamic State-linked militants and the Philippine military on the southern island of Mindanao has majority-Muslim nations across Southeast Asia on high alert for signs that extremism is on the advance.Week

    July 3, 2017 10:00 am JST
  • ASEAN PMI falls to 50.0 in June

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to 50.0 in June from 50.5 in May.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The latest reading is the first ti

    July 3, 2017 09:30 am JST
  • Philippines manufacturing PMI stays upbeat in June

    TOKYO -- The Nikkei Philippines Manufacturing Purchasing Managers' Index, or PMI, stayed upbeat in June, rounding off the second quarter on a strong note.The composite indicator of manufacturing performance stood at 53.9 in June, the second highest

    July 3, 2017 09:30 am JST
  • Philippine casinos see luck turn cold

    MANILA -- The Philippine casino industry faces a turning point as the government struggles to address concerns about an overcrowded industry and regulatory loopholes that enable money laundering, while a recent deadly attack on a Manila gaming house

    July 1, 2017 12:30 pm JST
  • Philippines Inc., investors march to beat of Duterte's drum

    MANILA -- At a station-marking ceremony for the upcoming 106km Manila-Clark railway project, Transportation Secretary Arthur Tugade announced a part of a grand plan that seeks to define President Rodrigo Duterte's economic legacy."We hope to finish

    July 1, 2017 05:31 am JST
  • Southeast Asia's new-car sales rise 5% in May

    BANGKOK -- New-car sales in Southeast Asia's six major markets climbed 5% on the year to 281,366 vehicles in May, about the same rate as in April, but poor growth in Thailand leaves automakers cautious.Thailand experienced four straight months of do

    June 30, 2017 10:00 am JST
  • Richard Heydarian

    Mindanao conflict pushing Duterte back into US orbit

    As Philippine President Rodrigo Duterte enters his second year in office, he is confronting his greatest political challenge. For the past month, a legion of Islamic State-affiliated fighters, under the command of the Maute Group, have stubbornly he

    June 30, 2017 09:00 am JST
  • Resorts World Manila resumes gaming operations

    MANILA -- Resorts World Manila restarted gaming operations on Thursday, nearly a month after an attack by a lone gunman left 38 people dead, including the suspect.The Philippine Amusement and Gaming Corporation (Pagcor), the industry regulator, has

    June 30, 2017 02:41 am JST
  • Duterte's ambitious plans have hit some stumbling blocks

    MANILA More than a little out of character, Philippine President Rodrigo Duterte, the country's normally outspoken leader, found himself on June 20 begging for forgiveness from people displaced by one of the country's worst terror attacks."Soon, I h

    June 29, 2017 12:10 pm JST
  • Duterte's ambitious plans have hit some stumbling blocks

    MANILA More than a little out of character, Philippine President Rodrigo Duterte, the country's normally outspoken leader, found himself on June 20 begging for forgiveness from people displaced by one of the country's worst terror attacks."Soon, I h

    June 29, 2017 10:00 am JST