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  • ASEAN PMI rises to 50.0 in January

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, marked 50.0 in January, showing manufacturing operating conditions were unchanged from a month ago. December's PMI was 49.4.A reading above 50 indicates economic expansion,

    February 2, 2017 09:30 am JST
  • Asian stocks at mercy of Trump's verbal blasts

    HONG KONG -- Global financial markets have been roiling in the wake of Donald Trump's presidential orders and off-the-cuff remarks.The president's U.S. entry ban on people from seven Middle Eastern and North African countries has provoked strong rea

    February 1, 2017 07:00 pm JST
  • Thai auto market set to rebound after long five years

    BANGKOK -- The Thai auto market is expected to regain steam this year as beneficiaries of a 2012 tax break who were stuck with the same car for five years can finally sell their vehicles and purchase new ones.Major Japanese automakers have announced

    February 1, 2017 11:00 am JST
  • Philippines PMI growth further slows in January

    TOKYO -- The Nikkei Philippines Manufacturing Purchasing Managers' Index, or PMI, fell to 52.7 in January from 55.7 in December. The country's manufacturing sector growth slowed for the fourth month in a row.The survey shows slowdowns in output grow

    February 1, 2017 09:30 am JST
  • Aboitiz Power backs out of Indonesia geothermal project

    MANILA/JAKARTA -- Aboitiz Power has abandoned a 110-megawatt geothermal project in Indonesia due to mounting costs, leaving local partner Medco Power as the lone developer of the renewable energy asset.Aboitiz Power told the Philippine Stock Exchang

    January 31, 2017 08:42 pm JST
  • Nobuko Kobayashi

    What happens when Asia's low labor cost model is disrupted?

    At the recent World Economic Forum in Davos, Switzerland, there was an undeniable sense of unease despite the bright sunshine and ever-flowing champagne.The 3,000 or so business and political elites gathered in the Alpine splendor had to not only fa

    January 31, 2017 03:00 pm JST
  • AI now and tomorrow

    Ideal society or dystopian nightmare -- the pitfalls of progress

    TOKYO -- With artificial intelligence making huge strides and proliferating rapidly, the possibilities and benefits seem endless. But the development of AI has already presented numerous questions surrounding the ethical aspect of its use.The advent

    January 31, 2017 01:45 pm JST
  • Asia rides economic shifts to M&A record

    TOKYO -- Asian companies conducted a record 12,001 mergers and acquisitions in 2016, reflecting consolidation in India to tap growing domestic demand and a turn abroad in China.The number of M&A deals announced in 2016 involving companies in Asia ex

    January 31, 2017 03:28 am JST
  • Philippines halts deadly crusade on drugs

    MANILA -- The Philippine government has temporarily suspended its controversial war on drugs after President Rodrigo Duterte ordered a "cleansing" of the police force because rogue officers have been implicated in the murder of a South Korean busine

    January 30, 2017 09:10 pm JST
  • Southeast Asia reforms customs rules to boost trade

    BANGKOK -- Southeast Asian countries are working to reform customs systems in a bid to boost trade.Members of the Association of Southeast Asian Nations are mostly ranked low in the latest global ranking of logistics efficiency by the World Bank, ba

    January 30, 2017 03:10 pm JST
  • Mike Thomas and Leo Lester

    Southeast Asia needs investment in energy innovation

    The last few years have been marked by spectacular advances for green energy generation. In 2015, $348 billion was invested in renewables, and total worldwide installed capacity overtook coal. In 2016, U.K. generation from wind was higher than coal

    January 30, 2017 11:00 am JST
  • Duterte accuses US of building 'permanent' arsenal in Philippines

    MANILA (Reuters) -- Philippine President Rodrigo Duterte accused the United States on Sunday of risking regional stability by building permanent arms depots in his country, and threatened to respond by scrapping a security treaty between them.Dutert

    January 30, 2017 03:22 am JST
  • Company in focus

    Antam faces test as Indonesia shifts mining policy

    JAKARTA -- Indonesia's surprise decision on the evening of Jan. 12, after the markets closed, to ease its mineral export ban sent ripples through Asia's nickel industry. Shares of nickel producers in the region plummeted the day after the announceme

    January 29, 2017 06:05 pm JST
  • Top SM Investments executive pushes 'Philippines first'

    MANILA -- A top executive from the biggest Philippine conglomerate is advocating a "Philippines-first" attitude in the face of protectionist sentiments around the world led by Donald Trump, the new U.S. president."All of us are supposed to look at t

    January 27, 2017 11:30 pm JST
  • The 'final frontier' is now the next place of business

    TOKYO -- It was a sunny January morning at the Uchinoura Space Center in Kagoshima Prefecture, the perfect day for a launch."3... 2... 1... 0."The countdown ended, and the Japan Aerospace Exploration Agency's SS-520 mini-rocket blasted off into the

    January 27, 2017 11:00 am JST
  • Philippines braces for Trump's America-first policy

    MANILA -- Last year the Philippine economy grew at its fastest pace in three years, but the looming prospect of protectionism in the U.S. is a major concern with President Donald Trump now in office.Philippine gross domestic product was on target at

    January 26, 2017 09:58 pm JST
  • Philippines' economic growth slows to 6.6% in 4Q

    MANILA -- The Philippines' economic growth slowed to 6.6% in the fourth quarter of 2016, but the country's expansion for the full year still met the government's target. Gross domestic product growth for 2016 was 6.8%, the fastest in three years. Co

    January 26, 2017 12:01 pm JST
  • The 'final frontier' is now the next place of business

    TOKYO It was a sunny January morning at the Uchinoura Space Center in Kagoshima Prefecture, the perfect day for a launch."3... 2... 1... 0."The countdown ended, and the Japan Aerospace Exploration Agency's SS-520 mini-rocket blasted off into the blu

    January 26, 2017 12:00 pm JST
  • Rohingya crisis is another headache for ASEAN

    KUALA LUMPUR Diplomatic spats are rare in the Association of Southeast Asian Nations; member states tend to refrain from commenting on one another's internal affairs.But the recent clash between Malaysia and Myanmar over the Rohingya issue has chall

    January 26, 2017 12:00 pm JST
  • Asia's domestic helpers find ways to help themselves

    HONG KONG Yully is a published author of numerous essays and books, including a recent compendium of short stories, but she often has to furtively scrawl her thoughts on bits of toilet paper.Each night, after her household chores are done, the Indon

    January 26, 2017 12:00 pm JST