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  • ASIA'S NEXT VANGUARD 2014: Fernandes refuses to let go of Japan

    SINGAPORE -- AirAsia CEO and founder Tony Fernandes has not finished with Japan. Southeast Asia's leading budget airline will be back in the land of the rising sun, Fernandes insists. AirAsia last year pulled out of Japan, dissolving a partnersh

    February 6, 2014 12:00 am JST
  • Indonesian economy swamped by floods, singed by eruption

    JAKARTA -- Natural disasters are taking a toll on Indonesia's economy, as a volcanic eruption and flash floods add to the headaches caused by heavy rains typical in the capital and other parts of the island of Java at this time of year. Parts of

    February 5, 2014 01:00 pm JST
  • Japan consumer credit firm to offer car financing in Indonesia

    TOKYO -- Jaccs plans to launch an auto-financing joint venture in Indonesia with a major local consumer credit group. The Japanese consumer credit company entered the Southeast Asian country in 2012 with the acquisition of a 40% equity stake in

    February 5, 2014 07:05 am JST
  • Nippon Paint chief sees big savings in Asian acquisitions

    OSAKA -- Nippon Paint expects its planned acquisition of paint businesses in eight Asian markets to provide annual cost reductions of 13 billion yen in four years, President Kenji Sakai told The Nikkei on Tuesday. Under a deal announced Monday,

    February 5, 2014 06:08 am JST
  • Glico looks to SE Asia to build Pocky's popularity

    TOKYO -- Ezaki Glico, the Japanese company that makes Pocky and other snacks, is looking to Southeast Asia. First is Indonesia, where in autumn Glico began an ad campaign for Pocky that stars JKT48, a group of female pop idols derived from t

    February 4, 2014 07:00 pm JST
  • Philippines hopes Pangilinan can make a pipeline for peace

    MANILA -- Does Manuel Pangilinan hold the key to solving a territorial dispute between the Philippines and China? The government in Manila thinks so. Politicians in the Philippines are looking to Pangilinan, chairman of Philex Mining, for advice

    February 4, 2014 05:00 pm JST
  • Ang angles for San Miguel diversification

    MANILA -- Ramon Ang is considered an effective and powerful leader who can "execute the country's national strategy all alone" in the Philippines. The president of San Miguel oversees his company's domination of the domestic beer market. San Miguel

    February 4, 2014 05:00 pm JST
  • Vietnam's Vuong aims to fight back

    HANOI -- Pham Nhat Vuong has found strength in adversity. Vingroup, a major Vietnamese property developer, on Christmas Eve opened a shopping and entertainment complex, named Vincom Mega Mall Times City, in Hanoi. The facilities were swamped wit

    February 4, 2014 05:00 pm JST
  • 'Adventurous' investors seek out opportunities in Southeast Asia

    TOKYO -- Southeast Asia may have lost some of its economic vigor due to an exodus of capital and political unrest, but savvy investors who do not shy away from risk are finding no shortage of growth opportunities in the region. One such per

    February 4, 2014 01:00 pm JST
  • Toyota to sell Indonesian-made compact in Philippines

    JAKARTA -- Toyota Motor will export a compact car made by Daihatsu Motor in Indonesia to the Philippines starting this month. Released in September 2013 in Indonesia as the Agya by Toyota and as the Ayla by Daihatsu, the car was the first to be

    February 4, 2014 04:31 am JST
  • Japan to hire 50 foreign experts to attract overseas investment

    TOKYO -- The Japanese government will hire about 50 foreign experts in fiscal 2014, starting April 1, as part of its effort to attract more foreign investment and boost economic growth. The experts, including management consultants and former ex

    February 3, 2014 01:30 pm JST
  • Andrew Sheng: Protecting trade finance from US tapering

    As we approach Chinese New Year, moves by the U.S. Federal Reserve to prepare to taper its bond purchases have put a damper on the festive mood. An official with China's commerce ministry recently remarked that the outlook for the country's foreign

    February 3, 2014 07:00 am JST
  • Indonesia a juicy market for Japan's beef exporters

    TOKYO -- Japan is expected to begin exporting beef to Indonesia sometime this year, once the two governments work out procedures. The move comes as the Japanese government looks to double the country's agricultural and fisheries exports to 1 tri

    February 2, 2014 07:00 am JST
  • Demand in Japan, China bodes well for heavy equipment stocks

    TOKYO -- Booming construction in Japan and China is providing support to the sagging bottom lines of Japan's big construction machinery makers such as Komatsu. The sector's slump may be ending, as manufacturers benefit from rising construction

    February 2, 2014 07:00 am JST
  • Southeast Asian car sales zipped to record high in '13

    BANGKOK -- Southeast Asia's auto market grew solidly last year, with sales again cruising to an all-time high, but the outlook is murkier for 2014 amid political turmoil in Thailand. Combined new-car sales in the region's six leading countries r

    February 1, 2014 12:52 am JST
  • Fed pullback to test emerging-market fortitude

    TOKYO -- From Argentina to Indonesia, emerging-market currencies are swooning. Turkey and South Africa failed to prop up theirs with interest rate hikes. And the Turkish lira is trading near an all-time low against the dollar. Bill Gross, fo

    January 31, 2014 03:47 am JST
  • Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, is the wife of Prime Minister Lee Hsien Loong. She commands the economy with a cool head. Temasek has Singapore Telecommunications and o

    January 30, 2014 05:00 pm JST
  • QL's Chia does not mince around

    SINGAPORE -- Chia Song Kun's rags-to-riches story begins in a poor fishing village. Malaysia's QL Resources, Asia's largest minced fish producer, is headed by Chia Song Kun, the founder and managing director of the company. Chia started his vill

    January 30, 2014 05:00 pm JST
  • Ho bets on 'eternal' Chinese consumption

    SINGAPORE -- Ho Kwon Ping, executive chairman of Banyan Tree Holdings, an operator of upscale hotels and resorts based out of Singapore, is banking on China. He expects the Chinese government will move to bolster personal spending. Banyan Tree i

    January 30, 2014 05:00 pm JST
  • Tang adds zest to infrastructure market

    SINGAPORE -- Tang Kin Fei has a rare trait for a Singaporean businessman: Loyalty. The president of Singapore's leading government-affiliated conglomerate, Sembcorp Industries, is one of the few executives in the city-state who has stuck with th

    January 30, 2014 05:00 pm JST