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  • Bangkok Nikkei Forum

    Prayuth woos Japanese investors as ASEAN prepares to integrate

    BANGKOK -- Thai Prime Minister Prayuth Chan-ocha on Monday urged Japanese companies to invest in Southeast Asia now, ahead of the regional bloc's economic integration. The junta leader, speaking at a business forum hosted by Nikkei and Thailand

    July 6, 2015 09:20 pm JST
  • Gaining strength

    Widodo doing favors for and getting them from women

    JAKARTA -- Indonesian President Joko Widodo has surrounded himself with some strong teammates. Strong female teammates, that is, a couple of whom are making names for themselves on different diplomatic fronts. In fact, Widodo is banking on women

    July 5, 2015 01:00 pm JST
  • Smartphones in Indonesia

    New domestic production policy irking Apple, others

    Indonesia is again moving toward introducing a policy to benefit homegrown industries -- this time for producers of parts and materials for smartphones. The government is looking to require makers of the devices sold in the country to use local part

    July 4, 2015 01:00 pm JST
  • Global medicine

    Japanese companies join tuberculosis fight in Indonesia

    TOKYO -- Nipro, a maker of disposable medical equipment, and Otsuka Pharmaceutical will add their names to the campaign against the rampant tuberculosis outbreak in Indonesia by providing detection kits and drugs. The two Japanese companies are

    July 4, 2015 02:40 am JST
  • Lippo Group

    Mega data center to open near Jakarta by April 2016

    JAKARTA -- Indonesian conglomerate Lippo Group has recently begun construction of a 2,000-sq.-meter data center in the suburbs of Jakarta, targeting companies in the financial and industrial sectors. The business will be run by Graha Teknologi N

    July 4, 2015 12:25 am JST
  • Indonesia's economy

    Sluggish growth raises questions about Widodo strategy

    JAKARTA -- Indonesian President Joko Widodo told a group of prominent economists Monday he was prepared to change his cabinet team to rebuild confidence in the country's stuttering economy and meet growing pressure for change. The World Bank and

    July 3, 2015 10:45 pm JST
  • Indonesia's economy

    Lower growth target still seen as optimistic

    JAKARTA -- The Indonesian government on Thursday lowered its 2015 economic growth estimate by 0.5 percentage points to 5.2%, but economists say the new target is still optimistic. In a press conference, finance minister Bambang Brodjonegoro said

    July 3, 2015 10:30 pm JST
  • Michael Vatikiotis

    Time for Southeast Asia to embrace ethnic and religious diversity

    Southeast Asia has a long history and tradition of moderation. For centuries, people of different faiths and races have lived together in relative peace and harmony. Most of the region's modern nations recognize this fundamental state of pluralism a

    July 3, 2015 09:15 am JST
  • Competitive heat

    Japanese carmakers launch new models in Indonesia

    TOKYO -- Japanese automakers are one after another introducing new cars in Indonesia, offering vehicles tailored to the expanding middle class. Daihatsu Motor this summer will update the Xenia, a vehicle with three rows of seats that is very pop

    July 3, 2015 02:31 am JST
  • Indonesia's currency decree

    Rupiah now only option for domestic deals

    SINGAPORE -- Indonesia has made it mandatory to use the rupiah for all domestic transactions. The regulation, which took effect Wednesday, is seen as an attempt to shore up the currency's value. Many market watchers, however, reckon the rupiah w

    July 2, 2015 06:50 pm JST
  • Southeast Asian startups

    Homegrown Internet innovators rise

    JAKARTA/SINGAPORE -- Southeast Asia is seeing the rise of a new generation of homegrown entrepreneurs. Last December, the 30-something CEO of a startup in Jakarta raised $100 million, a record for such a business in Indonesia. His name is Willi

    July 2, 2015 11:00 am JST
  • Telekomunikasi Indonesia

    Tower Bersama share swap talks extended

    JAKARTA -- State-owned Telekomunikasi Indonesia on Wednesday said it has extended negotiations on a share swap deal with a telecommunications tower lessor, after failing to reach an agreement by June. The state telecom company, known as Telkom,

    July 2, 2015 10:40 am JST
  • Startups and the economy

    Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 10:00 am JST
  • Indonesia e-commerce

    Industry association challenges regulation

    JAKARTA -- The private sector is making public its wariness of Indonesian government plans to regulate the country's burgeoning and profitable e-commerce industry -- a plump target given the country's large population and surging smartphone sales.

    July 2, 2015 12:41 am JST
  • Google, Facebook vie for 2 billion potential users in Asia

    JAKARTA -- Google and Facebook have brought new services to Asia in the hope of attracting some of the 2 billion people there yet to use the Internet. Increasing the number of users is vital for the two leading U.S.-based online service operators, s

    July 2, 2015 12:00 am JST
  • George Magnus: Greece will cast long political shadows

    If Greece were in Asia, it would be the seventh largest economy, of little geopolitical consequence and soon to be overtaken by Bangladesh and Vietnam. Greece's size, however, is not the right metric to use when gauging its significance in Europe's

    July 2, 2015 12:00 am JST
  • Frederic Neumann: Greek turmoil is not without risks to Asia

    The coming weeks will prove critical for Greece's membership of the eurozone. For Asia, the immediate impact of a potential "Grexit" should be manageable. A powerful policy response by major central banks and comfortable reserve buffers in the regio

    July 2, 2015 12:00 am JST
  • Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 12:00 am JST
  • Homegrown Internet innovators rise in Southeast Asia

    JAKARTA/SINGAPORE -- Southeast Asia is seeing the rise of a new generation of homegrown entrepreneurs. Last December, the 30-something CEO of a startup in Jakarta raised $100 million, a record for such a business in Indonesia. His name is Willi

    July 2, 2015 12:00 am JST
  • Entrepreneurial engines

    Startups are finding fertile ground in Asia -- Southeast Asia in particular. Populations are getting wealthier, smartphones are ubiquitous and governments are holding out carrots for innovators. Homegrown ventures are sniffing out opportunities far

    July 2, 2015 12:00 am JST