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  • Vietnam airport operator to sell 20% stake to France's ADP

    HO CHI MINH CITY -- After a lengthy courtship, the Vietnamese government has given approval for Aeroports de Paris (ADP), the French airport authority, to acquire 20% of Airports Corporation of Vietnam (ACV), making it the strategic partner of the s

    March 7, 2017 12:09 pm JST
  • Foreign tour shows soft power of symbolic monarch

    TOKYO -- Emperor Akihito and Empress Michiko received an enthusiastic welcome at each stop they made during a seven-day tour of Vietnam and Thailand, highlighting the key role the royal couple play by generating good will and bringing attention to f

    March 7, 2017 05:40 am JST
  • Place your bets

    New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 6, 2017 10:00 am JST
  • How an airline used bikinis to grab market share

    HANOI -- VietJet Aviation, a privately run discount airline also known as VietJet Air, listed on the Hochiminh Stock Exchange earlier this week.The carrier eventually expects to eclipse state-run Vietnam Airlines in the domestic market, but it also

    March 5, 2017 01:00 pm JST
  • An oasis for budding bookworms emerges in Ho Chi Minh City

    HO CHI MINH CITY -- Throughout this southern Vietnamese city, Western architecture and other landmarks bear testimony to France's colonial past. Some of the most visible reminders of that era can be found on Nguyen Van Binh Street, a popular tourist

    March 4, 2017 04:00 pm JST
  • Major Chinese yarn supplier marks record profit, but wary of Trump effect

    HONG KONG -- In terms of financial results, it was another record-breaking year for Shanghai-based Texhong Textile Group, one of the world's largest yarn suppliers. However, for its founder, chairman and CEO Hong Tianzhu, the positive numbers did no

    March 4, 2017 02:00 am JST
  • Macau's regional challengers up their casino game

    MANILA Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4 billion casino being built in Manila."I check the inflow of customers from early evening and

    March 3, 2017 11:00 am JST
  • Japanese emperor greets ex-soldiers' families in Vietnam

    HANOI -- Japan's Emperor Akihito and Empress Michiko met Thursday with family members of former Japanese soldiers who stayed in Vietnam after World War II and fought to free the Southeast Asian country from French rule.The meeting with Nguyen Thi Xu

    March 3, 2017 07:10 am JST
  • Japan's YKK to take on Chinese rivals in low-end zipper segment

    TOKYO -- In a stark contrast to most Japanese companies' modus operandi, zipper behemoth YKK is looking to expand into the low-end market segment to compete with Chinese rivals head on.Chairman and CEO Tadahiro Yoshida revealed the goal of spending

    March 3, 2017 06:30 am JST
  • Kasikornbank offering local settlement for ASEAN currencies

    BANGKOK -- On the back of growing regional trade, Kasikornbank, Thailand's fourth-largest lender by assets, has expanded its local currency settlement services to cover all currencies of members of the Association of Southeast Asia Nations and its t

    March 2, 2017 11:53 pm JST
  • Asia braces for wave of oil and gas M&A

    DENPASAR, Indonesia --Merger and acquisition activity in Asia's energy sector will accelerate this year as crude oil prices stabilize and major Western oil producers seek to divest assets in the region, analysts say.Royal Dutch Shell announced plans

    March 2, 2017 07:08 pm JST
  • Japan's entry to shake up Asia's casino market

    TOKYO/SINGAPORE -- Top executives from U.S. and Asian casino operators were in an optimistic mood as they gathered in Tokyo in late February. Speaking at a gathering of investors, each expressed an eagerness to go into business in the world's third-

    March 2, 2017 11:30 am JST
  • Macau's regional challengers up their casino game

    MANILA Clad in a coat, tie and muddied loafers, Kazuo Okada paused briefly one recent afternoon during his daily rounds through his partially opened $2.4 billion casino being built in Manila."I check the inflow of customers from early evening and no

    March 2, 2017 10:00 am JST
  • New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 2, 2017 10:00 am JST
  • China's growing travel bug to support new casino projects

    China's large and growing traveling class is expected to provide strong demand for the Asian casino market in coming years.The number of overseas trips made annually by China's 1.36 billion people now equates to a market penetration rate of 9%. This

    March 2, 2017 10:00 am JST
  • Japan's entry to shake up Asia's casino market

    TOKYO/SINGAPORE Top executives from U.S. and Asian casino operators were in an optimistic mood as they gathered in Tokyo in late February. Speaking at a gathering of investors, each expressed an eagerness to go into business in the world's third-lar

    March 2, 2017 10:00 am JST
  • Airport 'hit' strains North Korea's relationship with Southeast Asia

    KUALA LUMPUR The killing of Kim Jong Nam, the half brother of North Korean leader Kim Jong Un, is fraying Pyongyang's relationship with the Association of Southeast Asian Nations and threatening its access to the greater international community.At a

    March 2, 2017 10:00 am JST
  • Thailand's Central Group stepping up online retail game

    BANGKOK -- Thai retail giant Central Group aims to raise the share of its sales generated by e-commerce operations to 15% over five years, up from the current 1%.CEO Tos Chirathivat laid out the goal in presenting the company's annual business plan

    March 2, 2017 07:11 am JST
  • Two suspects charged in Kim Jong Nam murder

    Sepang, MALAYSIA -- Two young women, Siti Aisyah from Indonesia and Doan Thi Huong from Vietnam, were charged on Wednesday in the murder of Kim Jong Nam under section 302 of the penal code, which carries the death penalty.The two accused arrived at

    March 1, 2017 09:05 pm JST
  • ASEAN PMI inches up to 50.3 in February

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose slightly to 50.3 in February from 50.0 in January.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. February's PMI re

    March 1, 2017 09:30 am JST