Search results

Results 1 - 20 of 458
  • Myanmar aims to pep up private sector with stock exchange

    YANGON -- For Myanmar, the planned opening of a stock exchange in the autumn of 2015 is a milestone in driving economic growth, led by the country's burgeoning private sector. Daiwa Securities Group, a big Japanese stockbroker, is helping set up

    September 22, 2014 01:00 pm JST
  • Head of zipper maker YKK sees the end of production shift in Asia

    TOKYO -- Manufacturers are moving production bases from country to country in search of lower labor costs, and the garment industry, which faces some of the world's stiffest price competition, is no exception. But while a growing number of cloth

    September 20, 2014 01:00 pm JST
  • India, Asean enhance free trade agreement

    NEW DELHI -- Four years after a free trade agreement relating to goods came into effect between India and the Association of Southeast Asian Nations, the trade partners have gone a step further with a supplementary trade in services and investment a

    September 19, 2014 12:34 pm JST
  • Companies line up to help redevelop Yangon train station

    YANGON -- A large-scale renovation project is beginning at Yangon's main train station, drawing the interest of contractors and conglomerates from both home and abroad. The project involves a 250,000-sq.-meter area around Yangon Central Railway

    September 19, 2014 04:41 am JST
  • PTTEP gears up for Myanmar's energy needs

    BANGKOK -- Thailand's PTT Exploration and Production (PTTEP), the core subsidiary of state-owned energy conglomerate PTT, is stepping up its exploration budget in Myanmar for the next 5 years by 18%, compared to the previous plan, to $3.3 billion in

    September 18, 2014 08:27 pm JST
  • Japan's IIJ to sell power-saving data centers in Laos

    TOKYO -- Internet Initiative Japan will sell energy-efficient, low-cost data centers in Laos, with plans to expand the business to other parts of Asia. Asian emerging economies are in urgent need of information technology infrastructure. But oft

    September 18, 2014 02:00 am JST
  • Yangon property prices soar

    YANGON -- When Yangon's regional government made a surprise announcement in August that it had negotiated a massive urban expansion deal, land prices in Myanmar's business capital -- already high -- rose sharply. The $8 billion deal, which follo

    September 18, 2014 12:00 am JST
  • David Steinberg: Myanmar-US relations: Paternity and reality

    President Barack Obama claimed in a speech on May 28 that U.S. leadership helped bring Myanmar into the international community. Progress there "could be reversed," he admitted, though adding that if the country succeeds in its reformist drive, the

    September 18, 2014 12:00 am JST
  • Planting local roots key to growth in Southeast Asia: Aeon chief

    KUALA LUMPUR -- Letting local personnel well-versed in Southeast Asian markets lead operations is crucial for Japanese retail chain Aeon's continued success in the region, President Motoya Okada stressed in an interview with The Nikkei. In the f

    September 17, 2014 03:45 am JST
  • Japan helping improve freight train efficiency in Myanmar

    TOKYO -- Japan's transport ministry will begin a field test in Myanmar on Sept. 25 aimed at increasing the efficiency of shipping freight by rail in the Southeast Asian nation. In the test, containers unloaded at the Port of Yangon will be loade

    September 17, 2014 03:36 am JST
  • Aeon aims to win over Southeast Asia by replicating Malaysia model

    KUALA LUMPUR -- Since entering Malaysia 30 years ago, Japanese retail giant Aeon has worked tirelessly to build a solid presence in this diverse market, offering products that suit the lifestyles of consumers with different religions and income leve

    September 17, 2014 03:04 am JST
  • Laotian entrepreneur aims to expand her self-made coffee empire

    BANGKOK -- Leuang Litdang is a Laotian entrepreneur who has worked hard all her life and built a major Laotian coffee company, Dao-Heuang Group, in one generation. Leuang, 66, is the founder and chairwoman of the group, she has ambitions to mark

    September 15, 2014 01:00 pm JST
  • Japan to help Myanmar build oil supply network

    TOKYO -- Japan is to help Myanmar build oil refineries and a distribution network for petroleum products. It will conduct business viability studies by the end of the current fiscal year through JX Nippon Oil & Energy and Nomura Research Institute.

    September 14, 2014 02:00 am JST
  • Study places Laos ahead of Singapore for creativity and innovation

    SINGAPORE -- A study of creativity and innovation by the Asian Development Bank and the Economist Intelligence Unit has ranked Singapore lower than its underdeveloped peer Laos. The study applied a new benchmark, the Creative Productivity Inde

    September 12, 2014 08:17 pm JST
  • Now blossoming across Southeast Asia: The vegetable business

    BANGKOK/HANOI -- New vegetable enterprises are emerging in Southeast Asia as incomes rise and consumers increasingly insist on safe, quality produce. The Bolaven plateau in the southeast of Laos is gaining prominence as a cabbage-producing

    September 12, 2014 07:00 pm JST
  • KDDI, Sumitomo raise stakes in Myanmar mobile battle

    YANGON -- Japan's KDDI and Sumitomo and their local partner Myanma Posts & Telecommunications are raising the stakes in an intensifying competition for Myanmar's nascent mobile communications market. In a sign of the joint venture's determinatio

    September 11, 2014 07:00 pm JST
  • Election numbers might not stack up for Myanmar's opposition

    YANGON -- Myanmar's 2015 election is being billed as a landmark event in the country's three-year-old transition from military rule. But like any election, it will be a numbers game. And for Aung San Suu Kyi's National League for Democracy, long con

    September 11, 2014 12:00 am JST
  • Yangon real estate prices soaring

    YANGON -- When Yangon's regional government made a surprise announcement in August that it had negotiated a massive urban expansion deal, land prices in Myanmar's business capital -- already high -- rose sharply. The $8 billion deal, which follo

    September 9, 2014 04:00 pm JST
  • American businesses bullish on closer-knit Southeast Asia

    KUALA LUMPUR -- American companies in Southeast Asia remain upbeat as the region closes in on economic integration. In a survey of 588 senior executives representing U.S. companies in the 10 members of the Association of Southeast Asian Nations,

    September 8, 2014 06:50 pm JST
  • 6 Australians injured in railing collapse at Cambodian pagoda

    PHNOM PENH (Kyodo) -- Six Australian tourists were injured Monday morning at an ancient hilltop pagoda in eastern Cambodia when a concrete railing they leaned on collapsed, causing them to fall from a height about 4 meters, local police said. T

    September 8, 2014 05:26 pm JST