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  • Sri Lanka shock

    China's 'string of pearls' gets looser

    TOKYO -- The island nation of Sri Lanka is famous for tea. But its greatest asset may be its geographical location, just to the south of India and in the center of the sea lane connecting Asia and the Middle East for maritime trade. China is cer

    March 30, 2015 07:00 pm JST
  • China-Sri Lanka relations

    Colombo port project halt not 'targeting China'

    HONG KONG -- Calling a halt to China's $1.34 billion port development project in Colombo is not anti-Chinese but actually part of a fight against corruption, Sri Lanka's Finance Minister Ravi Karunanayake told the Nikkei Asian Review on Friday.

    March 28, 2015 01:00 am JST
  • China-Sri Lanka relations

    Colombo port project halt not 'targeting China'

    HONG KONG -- Calling a halt to China's $1.34 billion port development project in Colombo is not anti-Chinese but actually part of a fight against corruption, Sri Lanka's Finance Minister Ravi Karunanayake told the Nikkei Asian Review on Friday.

    March 28, 2015 01:00 am JST
  • Rebalancing act

    Sri Lanka, China to deepen economic ties

    BEIJING -- Top leaders from Sri Lanka and China agreed Thursday to step up bilateral economic ties, including infrastructure investment. Sri Lankan President Maithripala Sirisena, on his first visit to China since taking office in January, met w

    March 27, 2015 06:27 am JST
  • Shandong Ruyi

    China textile maker ready for 'new normal'

    BEIJING -- China is getting used to what its top government official called a "new normal." At the latest annual National People's Congress, the official cut the nation's growth target by 0.5 percentage point compared with a year earlier to 7%. Dou

    March 26, 2015 07:00 pm JST
  • Building a safer future

    18 Asian cities embrace disaster-resilience standard

    Forty-seven cities -- 18 in Asia -- have agreed to implement a new international standard aimed at promoting sustainable development. Called ISO 37120, the standard provides definitions, methodologies and indicators for steering and measuring the qu

    March 25, 2015 01:00 pm JST
  • India energy

    Tata Power commissions first hydro plant in Bhutan

    MUMBAI -- India's largest private-sector power producer, Tata Power Company, has fully commissioned its 126 MW hydropower plant at Dagachhu in Bhutan, as part of its commitment to add 450 MW of hydroelectric energy to its portfolio in 2015. The

    March 19, 2015 12:00 am JST
  • Multinational liability issues

    Companies must watch their step abroad -- and their suppliers', too

    TOKYO -- Companies with global supply chains are under growing pressure for accountability, and in some cases legal liability, for the conduct of their overseas suppliers. Multinationals face a host of ethical, cultural and legal issues in the c

    March 14, 2015 01:00 pm JST
  • Cambodia's dilemma

    As garment worker wages rise, companies seek cheaper pastures

    TOKYO -- Cambodia's garment industry is in trouble. Following sharp, government-ordered wage increases, Western apparel companies are taking their business elsewhere. The Southeast Asian country's garment and textile exports rose 1% on the year

    March 12, 2015 07:00 pm JST
  • Hungry in Bhutan

    THIMPHU -- The remote, mountainous kingdom of Bhutan may be famed for its attempt to measure "gross national happiness," but it is not renowned for happiness-inspiring cuisine -- at least not among the estimated 50,000 international tourists who pay

    March 12, 2015 12:00 am JST
  • Feud threatens world's garment factory

    NEW DELHI -- A decades-long vendetta between two leading political figures could spiral out of control and damage Bangladesh's fragile democracy. If law and order break down, the country's textile industry may grind to a halt, sending shock waves th

    March 12, 2015 12:00 am JST
  • Pakistan tests long-range missile in Indian Ocean

    ISLAMABAD (Kyodo) -- Pakistan on Monday successfully carried out a test of a Shaheen-3 long-range missile capable of carrying a nuclear and conventional warhead to 2,750 kilometers, the country's Defense Ministry said. It said "the test launch w

    March 9, 2015 07:14 pm JST
  • Beximco co-founder interview

    Pharmaceuticals, economic zones brighten Bangladesh outlook

    DHAKA -- As production costs rise in China, Bangladesh grows ever more important as a supply center for Western clothing brands and, increasingly, drug companies. Beximco Group, the South Asian country's largest private conglomerate, is a major play

    March 5, 2015 01:00 pm JST
  • Carmen M. Reinhart

    Are negative real interest rates the 'new normal'?

    Some questions can only be answered by examining the broad sweep of history. Over the past 150 years, "world" real interest rates have ventured into negative territory (yielding less than the rate of inflation) on a sustained basis on only four occa

    March 5, 2015 12:00 am JST
  • Carmen M. Reinhart: Are negative real interest rates the 'new normal'?

    Some questions can only be answered by examining the broad sweep of history. Over the past 150 years, "world" real interest rates have ventured into negative territory (yielding less than the rate of inflation) on a sustained basis on only four occa

    March 5, 2015 12:00 am JST
  • Decades-long vendetta

    Feud between leading ladies could threaten Bangladesh's apparel industry

    NEW DELHI -- A decades-long vendetta between two leading political figures could spiral out of control and threaten Bangladesh's fragile democracy. If law and order break down, the country's textile industry may grind to a halt, sending shockwaves t

    March 4, 2015 07:00 pm JST
  • Vijay Sakhuja

    China's 'infrastructure diplomacy' alive and well

    China's infrastructure investment drive in Sri Lanka appears to have hit a temporary roadblock. Shortly after his election in January, President Maithripala Sirisena warned of scrapping the $1.34 billion Colombo port project inaugurated during last

    March 4, 2015 07:00 pm JST
  • Over a billion people tune in for India-Pakistan duel

    NEW DELHI -- The eagerly awaited match between archrivals India and Pakistan at this year's Cricket World Cup, which brought life to a virtual standstill on the Asian subcontinent, was watched by an estimated 1 billion people around the world on Feb

    February 26, 2015 12:00 am JST
  • Cricket World Cup is a dream for global brands

    NEW DELHI -- Every four years cricket's biggest extravaganza -- the ICC Cricket World Cup -- enthralls millions of fans across the globe. Big international brands, too, see it as an opportunity to reach out to consumers the world over. Hoping to

    February 26, 2015 12:00 am JST
  • Yoshino, Morgan, Wignaraja: Why Asia needs more financial education

    In the aftermath of the global financial crisis of 2007-2008, financial literacy and financial education are gaining more attention around the world. There were sobering lessons, for example, in how the misselling of financial products contributed d

    February 26, 2015 12:00 am JST