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  • APEC ministers agree on details of study for regional free trade

    BORACAY ISLANDS, Philippines (Kyodo) -- Trade ministers from 21 Asia-Pacific economies agreed Sunday on details of a study to identify challenges and ways toward the creation of a region-wide free trade zone, as they wrapped up a two-day meeting in

    May 24, 2015 06:29 pm JST
  • Teaming up

    Japan to coordinate private-sector bids for Asian power plants

    TOKYO -- Japan's government will create joint proposals capable of winning contracts for Asian power plants with about 30 domestic companies, seeking to boost exports of generators and related equipment. The companies include trading house Mitsu

    May 23, 2015 02:00 am JST
  • The Future of Asia 2015

    China foreign policy expert sees nation rising peacefully in East Asia

    TOKYO -- China has emerged as a power peacefully and will continue on that path, a Chinese foreign policy expert said Friday in a panel discussion on security issues in East Asia. Experts discussed the theme "Unstable Global Order and the Impact

    May 22, 2015 08:00 pm JST
  • The Future of Asia 2015

    Sensitive sectors remain sticking point ahead of AEC integration deadline

    TOKYO -- Aviation is among the sectors thwarting efforts by the Association of Southeast Asian Nations to integrate their economies by the end of 2015, a senior official from the bloc revealed. Under a policy roadmap, the ASEAN Economic Communit

    May 21, 2015 09:20 pm JST
  • Global Mediacom

    Indonesian TV tycoon bets on Chinese gamers

    JAKARTA -- Chinese gamers are emerging as an important source of income for Indonesia's largest media company Global Mediacom as it faces headwinds in its television business. The hit of smartphone games Boonie Bears and Armour Warriors in China

    May 21, 2015 08:33 pm JST
  • The Future of Asia 2015

    Abe pledges $110 billion for Asian infrastructure

    TOKYO -- Japanese Prime Minister Shinzo Abe said his government and the Asian Development Bank will jointly provide $110 billion to finance "innovative" infrastructure in Asia. Innovation, Abe said, is necessary if Asia is to counter the challenges

    May 21, 2015 08:30 pm JST
  • The Future of Asia 2015

    Leaders call for stronger economic ties in ASEAN

    TOKYO -- Cabinet members and experts from Japan, Thailand and Cambodia discussed the theme "Prospects and Challenges for the ASEAN Economic Community" Thursday at Nikkei's annual Future of Asia international conference. In the first half of the

    May 21, 2015 08:20 pm JST
  • Weather insurance

    Sompo Japan to cover farmers in Myanmar, Indonesia

    TOKYO -- Sompo Japan Nipponkoa plans to start offering insurance in Myanmar and Indonesia that will help farmers protect their livelihoods from the weather. In Myanmar, where Japanese insurance companies are not yet allowed to sell insurance di

    May 21, 2015 07:00 pm JST
  • The Future of Asia 2015

    Indonesia's Kalla sees infrastructure projects spurring second-half recovery

    TOKYO -- Indonesian Vice President Jusuf Kalla showed a sense of confidence about the country's economy recovering in the second half of the year, as he expects to see the fruits of productive infrastructure projects. Kalla spoke Thursday at Nik

    May 21, 2015 06:15 pm JST
  • The Future of Asia 2015

    ASEAN as the nucleus of an emerging Asia

    TOKYO -- As one of the fastest growing regions with various economic partnerships, ASEAN is the nucleus of an emerging Asia, Le Luong Minh, the bloc's secretary-general, argued. Growth is robust in Asia amid uncertainties in developed economies,

    May 21, 2015 05:55 pm JST
  • Fastest-growing market

    Gaming soars in Southeast Asia, and local developers follow

    SINGAPORE -- Southeast Asia is the world's fastest-growing gaming market, as the expanding middle class becomes increasingly reliant on mobile devices, a research company reported recently. Newzoo, based in the Netherlands, estimates compound an

    May 21, 2015 10:34 am JST
  • Myanmar humanitarian crisis

    Malaysia, Indonesia open doors to boat people

    LANGKAWI, Malaysia -- Malaysia and Indonesia confirmed Wednesday that they will take in up to 7,000 refugees from Myanmar and Bangladesh thought to still be at sea, after weeks of political dithering. The United Nations estimates that there are

    May 21, 2015 03:15 am JST
  • Editorial: To drive trade, ASEAN must prove itself behind wheel

    The Association of Southeast Asian Nations is set to launch the ASEAN Economic Community, or AEC, by the end of this year -- a common economic area that will remove trade tariffs and ease regulations on service industries in the region, which is gre

    May 21, 2015 12:00 am JST
  • Rohingya exodus creates regional, global strains

    YANGON -- The flood of Rohingya refugees fleeing Myanmar is creating regional friction that could have global implications. The Rohingya, a Muslim ethnic minority, face discrimination and persecution in Buddhist-majority Myanmar. Sectarian viole

    May 21, 2015 12:00 am JST
  • Sinar Mas, Rothschild fight over coal miner

    JAKARTA -- A few years ago, British financier Nat Rothschild made big bets in Indonesia's coal industry, carrying the hopes of foreign investors who invested in his vision to create a global mining group. Now he is locked in a takeover battle with l

    May 21, 2015 12:00 am JST
  • Philippine regulators make room for ride-booking apps

    MANILA -- The Philippine government has decided to recognize and regulate ride-booking services, classifying the private cars used in the industry as a public utility. Uber, a popular service platform, said the move was "groundbreaking," and hailed

    May 21, 2015 12:00 am JST
  • Reliance Communications, Indosat

    Facebook's initiative for free access brings Asian players, controversy

    JAKARTA/ NEW DELHI -- Facebook is tapping Asian telecommunication and Internet companies in a push for better web accessibility in the region via its Internet.org platform, but is attracting critics along the way. With nearly 1.5 billion users a

    May 20, 2015 11:00 pm JST
  • Malaysia, Indonesia to shelter 7,000 boat people, reversing turn-back policy

    KUALA LUMPUR (Kyodo) -- Malaysia and Indonesia, in a reversal of their push-back policy, agreed Wednesday to temporarily shelter some 7,000 boat people from Myanmar and Bangladesh who are currently adrift at sea near their maritime borders, provided

    May 20, 2015 07:10 pm JST
  • Winning over tourists

    Rakuten to launch travel reward points in 4 new markets

    TOKYO -- E-commerce giant Rakuten will introduce a reward points program to its travel booking websites in four countries and regions starting next year to attract more foreign tourists visiting Japan. The Tokyo-based company will allow customer

    May 19, 2015 11:46 pm JST
  • Indonesian economy

    Central bank to ease credit requirements

    JAKARTA -- Indonesia's central bank on Tuesday held its policy interest rate unchanged at 7.5% while indicating that credit requirements will be loosened. The policy rate decision is in line with achieving the target inflation rate of 3% to 5% f

    May 19, 2015 08:37 pm JST