Search results

Results 101 - 120 of 3953
  • Indonesia's Indofood rattles investors by buying land from CEO

    JAKARTA -- Indonesian food giant Indofood Sukses Makmur's 2.2 trillion rupiah ($164 million) purchase of land in Jakarta from its chief executive, billionaire tycoon Anthoni Salim, is raising fresh questions over corporate governance in a country wh

    June 14, 2017 11:03 pm JST
  • Juzhong Zhuang

    Responding to income inequality in Asia

    The news on inequality is both good and bad. While global income disparity has narrowed significantly over recent decades thanks to robust economic growth in many low- and middle-income economies, gaps within countries have widened significantly.In

    June 14, 2017 01:30 pm JST
  • Japan to help ASEAN chill out in food distribution

    TOKYO -- Japan's transport ministry will assist in the development of refrigerated-distribution networks in Southeast Asia to enable the region to meet growing demand for fresh foods, ultimately enhancing opportunities for Japanese businesses.Transp

    June 14, 2017 10:00 am JST
  • Spreading the Studio Ghibli bug in Indonesia

    JAKARTA -- Indonesia's appetite for Japanese pop culture has grown steadily since the 1980s, with one notable exception -- the works of animation house Studio Ghibli have not been hits. Now, a year-long promotional campaign is seeking to change that

    June 11, 2017 04:00 pm JST
  • The Future of Asia 2017

    ASEAN adjusting to a less-participatory US

    TOKYO -- The 23rd International Conference on the Future of Asia, organized by Nikkei Inc., held here earlier this week, focused on Asia's new landscape, one in which the U.S.'s presence is weakening.An unusually strong sense of tension prevailed am

    June 10, 2017 12:00 pm JST
  • New regulator looking for infrastructure finance solutions

    JAKARTA -- The newly-elected chairman of Indonesia's Financial Services Authority (OJK) says he wants the institution to play a bigger role in infrastructure finance by broadening the range of financing options.Wimboh Santoso, who was elected to the

    June 9, 2017 11:50 pm JST
  • Indonesia may hike infrastructure spending 17%

    JAKARTA -- Indonesia is set to expand its budget for infrastructure outlays in fiscal 2018, with government proposals outlining a jump of as much as 17%, as part of a plan to attract more businesses to the Southeast Asian nation.The government aims

    June 9, 2017 05:07 am JST
  • Philippines, Indonesia, Malaysia team up in terror fight

    MANILA -- The Philippines, Indonesia and Malaysia will collaborate on air and marine defense in the wake of frequent terrorist attacks by extremists linked to the Islamic State group.Malaysian Defense Minister Hishammuddin Tun Hussein has said the t

    June 8, 2017 03:10 pm JST
  • FT Confidential Research

    Asia DataView: Chinese and Indonesians confident even as ratings diverge

    In the past month, Moody's has lowered its credit rating for China, and Standard & Poor's has raised its rating for Indonesia.Yet while the credit profiles of two of Asia's biggest economies are diverging, economic sentiment among consumers in the t

    June 8, 2017 01:28 pm JST
  • Company in focus: E-commerce lures Salim Group back to banking after two decades

    JAKARTA Anthoni Salim, the billionaire tycoon at the helm of Indonesia's largest conglomerate, playfully dodged journalists' questions about the group's return to the banking industry after nearly two decades. Still, he did not play down his purpose

    June 8, 2017 10:00 am JST
  • Indonesia's auto industry looks Down Under for an export boost

    BANDUNG, Indonesia When Indonesian President Joko Widodo met Toyota Indonesia's then-Vice President Warih Andang Tjahjono recently, one of the main topics of discussion was the country's export potential, with Widodo urging the carmaker to ship more

    June 8, 2017 10:00 am JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do wi

    June 8, 2017 10:00 am JST
  • Aeon to double indoor theme parks in Asia

    TOKYO -- Japanese retailer Aeon will speed the expansion of indoor theme parks in Asia as it targets growth in the region's entertainment sector amid stiffer local retail competition.Over the next three years, Aeon seeks to double the number of loca

    June 8, 2017 05:38 am JST
  • China surges to world's No. 2 overseas investor

    TOKYO -- An overseas acquisition binge propelled China to the No. 2 spot in outbound investment in 2016, according to a United Nations report published Thursday.The country's foreign direct investment soared 44% last year to a record $183 billion, s

    June 8, 2017 02:00 am JST
  • Qatar crisis ripples through Southeast Asia

    KUALA LUMPUR -- Southeast Asian countries have taken precautionary steps after Gulf countries severed diplomatic and commercial relations with Qatar.The Philippines, which has over 140,000 workers in the gas-rich kingdom partially suspended the depl

    June 7, 2017 11:08 pm JST
  • Insurance grows fastest in May's Asia sector PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for May showed output growth in 15 of the 19 sectors monitored.Insurance (54.5) marked the sharpest growth, followed by machinery and equipment (54.1), commercial and professional s

    June 7, 2017 09:30 am JST
  • Asia-Pacific upgrading internet connectivity

    SINGAPORE -- Asia-Pacific already boasts some of the fastest internet connectivity in the world and continues to improve as its economies digitize, according to a report by Akamai, a U.S.-based content delivery network and cloud provider.Akamai's qu

    June 6, 2017 11:03 pm JST
  • Asia manufacturing turns soft as China's construction loses steam

    HONG KONG -- The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May. Analysts noted that the downturn has much to do

    June 6, 2017 12:35 pm JST
  • The Future of Asia 2017

    World Bank's Levy calls for new type of globalism

    TOKYO -- Asia should champion a new form of globalism, such as one that facilitates cross-border infrastructure investments, World Bank Managing Director Joaquim Levy said in a speech at the 23rd International Conference on the Future of Asia on Tue

    June 6, 2017 12:21 pm JST
  • Japan reaches out to devout travelers with religious accommodations

    TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia.The 8-sq.-meter space is located in the station's travel service center. The s

    June 6, 2017 10:47 am JST