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  • Bank Rakyat Indonesia brings in Telkom exec to foster fintech

    JAKARTA -- Bank Rakyat Indonesia on Wednesday appointed an executive with the country's largest telecommunications company to its board, in a move that reflects intensifying competition in financial technology.The state lender's shareholders approve

    March 15, 2017 11:30 pm JST
  • ASEAN businesses want clarity from Trump on trade

    KUALA LUMPUR -- Business groups in Southeast Asia are advocating the continuation of open trade policies, just as U.S. President Donald Trump looks to advance his protectionist agenda. More than anything, perhaps, companies across the Association of

    March 14, 2017 09:40 pm JST
  • Japan policy remains grounded as sharing economy takes off

    JAKARTA/TOKYO -- Jakarta's traffic-clogged streets aren't exactly lined with gold, but they are becoming a healthy source of revenue for drivers of motorbike taxis as Indonesia's sharing economy takes off.One driver has seen his monthly income rise

    March 14, 2017 05:00 pm JST
  • Mitsui aims for a slice of Southeast Asia's retail market

    SINGAPORE -- Japanese trading house Mitsui & Co. looks to tap into Southeast Asia's booming retail market using information and communications technology, President and CEO Tatsuo Yasunaga told the Nikkei Asian Review in a recent interview here.Yasu

    March 14, 2017 01:45 am JST
  • Bank Central Asia outpaces rivals with 14% profit surge

    JAKARTA -- Bank Central Asia on Monday said its net profit for 2016 rose 14% on the year, outperforming a generally lackluster Indonesian banking sector.The country's largest private lender logged a profit of 20.6 trillion rupiah ($1.54 billion). Lo

    March 13, 2017 11:57 pm JST
  • Prime time set to debut off the beaten track in Indonesia

    JAKARTA -- Homes in far flung locations across Indonesia will soon be able to tune into TV broadcasts thanks to Japan's push to export its telecommunications technologies. Japan's communications ministry has offered the nation of more than 13,000 is

    March 13, 2017 06:12 pm JST
  • Edtech taking off in Southeast Asia

    TOKYO -- Southeast Asia is proving to be fertile ground for internet-enabled education startups. Many countries in the region have creaking school systems that are now being asked to find room for swelling numbers of youths."Edtech" is stepping up.

    March 13, 2017 01:15 pm JST
  • Indonesian passenger plane project set to take flight

    TOKYO -- Indonesia's first commercially produced homegrown passenger plane is nearly ready for its first flight, an achievement that would do much to bolster a growing industry. Yet state-run manufacturer Dirgantara Indonesia has a number of hurdles

    March 13, 2017 12:30 pm JST
  • Leicester's lessons for European soccer's Asian investors

    JAKARTA -- If Claudio Ranieri was in front of a television when English Premier League soccer champions Leicester City hosted five-times European club champions Liverpool on Feb. 27, the mild-mannered Italian might have been tempted into an uncharac

    March 12, 2017 11:00 am JST
  • Private hospitals target Southeast Asia's middle class

    TOKYO -- For middle-class Southeast Asians, medical care has meant choosing between costly high-grade private hospitals or cheap but ineffective public ones. Now a middle ground has formed.Private health care institutions popping up throughout emerg

    March 12, 2017 01:47 am JST
  • Salim Group joins fight for Indonesian e-commerce share

    JAKARTA -- Indonesia's Salim Group is planning a major foray into e-commerce this year in partnership with South Korea's Lotte, squaring off against heavily funded rivals also seeking a slice of the Southeast Asian nation's swelling online shopping

    March 11, 2017 01:00 pm JST
  • King Salman extends stay on Hindu island

    NUSA DUA, Indonesia -- Even for Bali, the famous Indonesian resort island so beloved of the rich, powerful, and famous, the week-long visit of King Salman of Saudi Arabia and his entourage of 1,500 is proving a unique happening.People lined the road

    March 11, 2017 02:00 am JST
  • For female migrant workers, problems can begin at home

    SINGAPORE -- From the very outset, Myint's search for work to support her family had to be conducted outside the law. Like thousands before her, the frightened young woman from Myanmar was recruited by a Yangon labor agency in defiance of a temporar

    March 10, 2017 05:30 pm JST
  • Double Dip Asia300

    Earnings gloom aside, Asia Inc. is positioned for growth

    HONG KONG -- Don't start fretting just yet. Even though Asia's leading companies are set to log their first back-to-back drop in aggregate annual net profit since the Asian financial crisis, there are plenty of reasons to believe corporate Asia is s

    March 9, 2017 05:10 pm JST
  • Double Dip Asia300

    China's chill hits banks' bottom lines

    TOKYO -- Unable to shrug off its disappointing performance of the preceding year, Asia's financial sector registered a second straight year of decline in its bottom line in 2016. Net profit for the sector came in at $173.1 billion, a decline of 8.8%

    March 9, 2017 05:10 pm JST
  • Over 1 in 4 people in Asia pay bribes for public services

    TOKYO -- More than one in four people in Asia paid a bribe to receive basic public services such education or health care, according to a a recent survey by the anti-graft group Transparency International.The survey -- which covered 21,861 people ac

    March 9, 2017 01:00 pm JST
  • Saudi Arabia's royal tour yields major deals for Aramco

    JAKARTA/KUALA LUMPUR By the time King Salman of Saudi Arabia and his massive entourage wrapped up their visit to the capitals of Southeast Asia's two largest Muslim nations, they could consider the outing a success. State-owned Saudi Aramco, the wor

    March 9, 2017 10:00 am JST
  • Double Dip Asia300

    Asia Inc. stumbles through two years of profit shrinkage

    BANGKOK -- In the 20 years since the Asian currency crisis of 1997, the region's companies have generally done well. They recovered from that setback and shrugged off the global financial crisis triggered by the U.S. housing meltdown a decade later,

    March 9, 2017 10:00 am JST
  • Earnings gloom aside, Asia Inc. is positioned for growth

    HONG KONG Don't start fretting just yet. Even though Asia's leading companies are set to log their first back-to-back drop in aggregate annual net profit since the Asian financial crisis, there are plenty of reasons to believe corporate Asia is stil

    March 9, 2017 10:00 am JST
  • China's chill hits banks' bottom lines

    TOKYO Unable to shrug off its disappointing performance of the preceding year, Asia's financial sector registered a second straight year of decline in its bottom line in 2016. Net profit for the sector came in at $173.1 billion, a decline of 8.8% co

    March 9, 2017 10:00 am JST