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  • JGC building huge modular LNG plant in the Arctic

    TOKYO -- A fleet of ships is en route to the Russian Arctic, loaded with materials for construction of a huge liquefied natural gas plant on the Yamal Peninsula by JGC, a leading Japanese engineering corporation.As the fleet makes its way from more

    April 25, 2017 05:00 pm JST
  • ASEAN easing stance on China's maritime encroachment

    MANILA -- As leaders of Southeast Asian nations prepare to meet for an annual summit starting Wednesday, their collective stance against China's territorial ambitions appears to have grown markedly softer, reflecting delicate balancing acts by count

    April 25, 2017 07:00 am JST
  • Mitsubishi Motors, Nissan to team up on Southeast Asian distribution

    JAKARTA -- Mitsubishi Motors plans to begin merging distribution operations in Southeast Asia with those of controlling shareholder Nissan Motor, reducing transport costs for parts and vehicles in a show of group synergy.The duo will join forces in

    April 25, 2017 06:00 am JST
  • SM takes control of Philippine dormitory developer

    MANILA -- SM Investments, a leading Philippine conglomerate, has acquired a dormitory developer and entered the rental housing as condominium sales in the capital slow due to a supply glut.SM informed the Philippine Stock Exchange on Monday of its p

    April 24, 2017 10:00 pm JST
  • Kavi Chongkittavorn

    Pence puts Trump administration on right foot with ASEAN

    During his week-long trip to four major Asia-Pacific countries, U.S. Vice President Mike Pence delivered a strong message of a continued U.S. security commitment to the region and a firm stance on trade issues in line with U.S. President Donald Trum

    April 23, 2017 06:10 pm JST
  • Payatas scavengers squeeze a living from Manila's waste

    MANILA -- What is it like living at the foot of a mountain of garbage?The Payatas district in Quezon City, Metro Manila, has been called the city's "second Smokey Mountain" -- a huge mound of refuse from which many scavengers scrape out a meager inc

    April 23, 2017 11:00 am JST
  • AI now and tomorrow

    Is your job robot-ready?

    TOKYO -- Robots are making people redundant, and you may be next.Once a flight of fancy, we are now in an age where workers of all stripes, including professionals and white-collar workers, could be on the receiving end of pink slips thanks to robot

    April 22, 2017 10:00 pm JST
  • Ayala chairman mentions rail, real estate overtures from China

    MANILA -- Ayala Corp. has been approached by companies from China about possible joint ventures in real estate and infrastructure -- a sign that the mainland's warming diplomatic relations with the Philippines is starting to bear economic fruit.Jaim

    April 21, 2017 11:55 pm JST
  • Duterte, Didi's Jean Liu make 'Time 100' list

    TOKYO -- The head of a Chinese mobile transportation platform that clocks 20 million rides a day and the founder of a digital currency service used by 200 million Indians were among those from Asia who landed on Time Magazine's "Time 100" list of th

    April 21, 2017 06:00 pm JST
  • New Asian companies find success with a regional focus

    TOKYO/MANILA -- In Asia, entrepreneurs can "think about creating startups that are global from day one," said Ernestine Fu, venture partner at the Alsop Louie Partners. "[That] is not possible in Silicon Valley."One reason for this is that some prob

    April 21, 2017 12:00 pm JST
  • Foreign ministers of US, ASEAN to meet in May

    WASHINGTON -- The U.S. Department of State on Thursday said Secretary of State Rex Tillerson will chair a meeting with his counterparts from the Association of Southeast Asian Nations, to be held on May 4 in the U.S. capital.The foreign ministers wi

    April 21, 2017 10:30 am JST
  • Trump to visit Philippines, Vietnam in November

    JAKARTA/WASHINGTON (Kyodo) -- U.S. President Donald Trump will make a visit to the Philippines and Vietnam in November to attend regional summits, Vice President Mike Pence said Thursday.Trump will take part in a summit with ASEAN leaders and the Ea

    April 21, 2017 09:27 am JST
  • Daiwa to buy into Philippines' No. 1 online brokerage

    TOKYO -- Daiwa Securities Group will spend about 3 billion yen ($27.4 million) to take a 15% stake in COL Financial Group, the largest online securities company in the Philippines.The Japanese brokerage is expected to buy COL Financial shares from e

    April 21, 2017 06:30 am JST
  • Razon cites Trump as 'biggest' threat to global trade

    MANILA -- President Donald Trump is the biggest threat to world trade growth, according to Enrique Razon, the chairman and president of International Container Terminal Services of the Philippines.Razon described the U.S. president to reporters as "

    April 21, 2017 12:05 am JST
  • Philippines' BDO Unibank targets 7.3% profit growth for 2017

    MANILA -- BDO Unibank, the Philippines' largest lender by assets, expects net profit to grow by 7.3% this year to 28 billion pesos ($562.7 million) driven by increased loans and deposits.In the first quarter the bank's net income rose by 6% to 5.8 b

    April 20, 2017 09:04 pm JST
  • Duterte aims to transcend tough-guy image with building splurge

    MANILA -- President Rodrigo Duterte's ministers have launched an economic campaign dubbed "Dutertenomics," hoping to repackage the Philippines' firebrand leader as an infrastructure builder and not just a drug-buster. The program is based on the go

    April 20, 2017 05:37 pm JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA -- Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus

    April 20, 2017 12:00 pm JST
  • FT Confidential Research

    Philippine tax reform compromises may limit infrastructure drive

    The first of five tax reform bills initiated by the Duterte administration is expected to be passed into law by October, three months behind schedule.The delay could allow legislators to force the administration to compromise on its tax-raising goal

    April 20, 2017 11:00 am JST
  • New Asian companies find success with a regional focus

    TOKYO/MANILA In Asia, entrepreneurs can "think about creating startups that are global from day one," said Ernestine Fu, venture partner at the Alsop Louie Partners. "[That] is not possible in Silicon Valley."One reason for this is that some problem

    April 20, 2017 10:00 am JST
  • Asian startups step out of Silicon Valley's shadow

    TOKYO/JAKARTA Nur Dwi Sasi's daily commute to her workplace in South Jakarta used to be a daunting task. The 47-year-old office worker had to walk in the scorching heat to catch a jam-packed minibus before changing to another, equally crowded bus. T

    April 20, 2017 10:00 am JST