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  • Modi rolls out 'red carpet' for Japanese manufacturers

    TOKYO -- Japanese manufacturers, consider yourselves invited to India. "There is one thing I can promise to you," Indian Prime Minister Narendra Modi told a symposium in Tokyo on Tuesday. "If you want to look abroad, there is no need for you to

    September 2, 2014 07:30 pm JST
  • Indonesia's Rajawali takes major stake in palm oil producer

    JAKARTA -- Indonesian conglomerate Rajawali Group has obtained a substantial stake in local palm oil producer BW Plantation through the purchase of two investment firms. In a stock exchange filing Monday, BW Plantation said two of its major shareh

    September 2, 2014 04:07 pm JST
  • Stephen Grenville: How to reboot world trade talks

    Expanding trade has been the lynchpin of globalization. Total world trade rose from 42% of global gross domestic product in 1980 to 62% in 2007, according to the International Monetary Fund. Trade slowed during the 2008 crisis and since then has bar

    September 2, 2014 01:00 pm JST
  • Indonesia's Widodo hopes for a hand from Japan

    JAKARTA -- Touting Japan as his country's "biggest partner," Indonesian President-elect Joko Widodo has expressed his desire for closer economic and social ties between the two nations. In an interview with The Nikkei on Monday, Widodo said that

    September 2, 2014 11:19 am JST
  • Indonesian shares get muted bump from rosy economic reports

    JAKARTA -- Indonesia's stock market rebounded only slightly on Monday despite positive reports on the country's economy, with investors reluctant to make big moves until incoming president Joko Widodo's economic policies are revealed. The Jakart

    September 2, 2014 06:13 am JST
  • Japan's Internet companies moving into Indonesia

    TOKYO -- With a population of 250 million and a gross domestic product of $870 billion, Indonesia is a giant and growing market already in the sights of Japanese manufacturers and retailers. And now, Japanese Internet businesses also have begun maki

    September 2, 2014 03:44 am JST
  • Indonesia's Widodo to target fuel subsidies in kicking off reform drive

    JAKARTA -- Indonesian President-elect Joko Widodo pledged to embark on structural economic reforms, starting with cuts to fuel subsidies and providing tax incentives to lure foreign businesses. Widodo, who is currently governor of Jakarta, spoke

    September 2, 2014 12:51 am JST
  • Indonesian nickel embargo sends Aneka Tambang south

    JAKARTA -- Shares in Aneka Tambang, Indonesia's largest nickel producer, fell on Monday after the company reported a net loss in the January-June period that deepened in the second quarter, confirming concerns about the impact of a recent ban on ore

    September 1, 2014 11:48 pm JST
  • Telkom Indonesia to build Indonesia-U.S. submarine cable

    JAKARTA -- Indonesia's state-owned mobile operator Telekomunikasi Indonesia, or Telkom, is leading a group of international operators to build a submarine cable connecting Indonesia and the U.S. The system will stretch from Manado, a port city i

    August 29, 2014 01:44 pm JST
  • Infrastructure crucial to continued growth in Southeast Asia

    MANILA -- A critical issue for members of the Association of Southeast Asian Nations is how to fix lagging industrial development and infrastructure. The Philippines, with a population of about 100 million and a median age of 23, will likely see

    August 29, 2014 05:50 am JST
  • Economic growth slowing in Southeast Asia

    MANILA -- Southeast Asian economies, which have been enjoying growth rates around 7%, are starting to lose steam as the rest of the world continues to slump and rising prices discourage spending. The Philippines saw real gross domestic product g

    August 29, 2014 05:41 am JST
  • Indonesia's Adaro Energy logs 1H profit fall despite higher revenue

    JAKARTA -- Indonesia's second-largest coal producer, Adaro Energy, reported a 32% year-on-year decline in net profit for the January-June period in reaction to a one-time gain on a coal-project acquisition for the same period the previous year.

    August 28, 2014 05:00 pm JST
  • East Asian free-trade talks stumble over tariff rates

    TOKYO -- Sixteen Asia-Pacific nations negotiating a free-trade pact were unable to settle on a common target for tariff elimination at a ministerial meeting Wednesday in Naypyitaw, making a conclusion by the end of next year unlikely. This marke

    August 28, 2014 03:50 am JST
  • NEC to supply optical cable for new line across Pacific

    TOKYO -- NEC will supply 15,000km of optical cable as its contribution to a seven-company international consortium laying a new undersea communications line directly linking Indonesia, the Philippines and the U.S. via Guam. Scheduled for complet

    August 28, 2014 03:31 am JST
  • Southeast Asian car sales fell 16% in July

    BANGKOK -- Sales of new cars in six leading Southeast Asian countries slid 16% on the year to 259,840 units in July, the 15th straight month of declines. Sales volumes dropped in Indonesia, Thailand and Malaysia, the first time this year all of

    August 28, 2014 03:25 am JST
  • Trading company Sun-wa targeting 3 years of record profit

    TOKYO -- Electronic parts trader Sun-wa Technos aims to generate 4.7 billion yen ($44.7 million) in group pretax profit next fiscal year, up 37% from fiscal 2013 for what would be its third straight year of record profit. The Tokyo-based company

    August 28, 2014 02:00 am JST
  • George Magnus: The clock is ticking for an aging Asia

    The rapid aging of the population is widely recognized as one of the most daunting challenges facing developed economies, such as Japan and Germany. Less attention has been paid to the fact that graying demographics are a ubiquitous global phenomeno

    August 28, 2014 12:00 am JST
  • Stem the spread of export curbs on natural resources

    The World Trade Organization, ruling on a dispute over China's export restrictions on rare earth metals and other mineral resources, has almost entirely acknowledged the claims of Japan, the U.S. and the European Union. The final decision, published

    August 28, 2014 12:00 am JST
  • Korn Chatikavanij: Prescriptions for Asean and Thailand: Better governance, stronger institutions

    Looking at the ongoing tragedy in Ukraine, it has become apparent that the conflict there is happening because of the weakened geopolitical positions of both the U.S. and Europe. This phenomenon is creating power vacuums in pockets around the world.

    August 28, 2014 12:00 am JST
  • George Magnus: Strategies for winning the demographic battle

    Asia's aging population will inevitably affect its economic growth. But demographics are not destiny; all nations have the capacity to develop ways of navigating the transition toward grayer societies. The main mechanisms for coping with a stagn

    August 28, 2014 12:00 am JST