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  • Japan to fund cancer-screening ventures in Asia, South America

    TOKYO -- The Japanese government will provide funding and other support for domestic companies looking to sell preventive health care equipment and services in emerging markets. The Ministry of Economy, Trade and Industry will select seven proje

    April 19, 2014 05:44 am JST
  • Japan to become catalyst for Myanmar stock exchange project

    TOKYO -- Japan Exchange Group and Daiwa Securities Group will invest several billion yen in a stock exchange being planned in Myanmar, providing broad support for creating capital markets in that country. The duo is working with the Myanmar gove

    April 18, 2014 02:00 am JST
  • Suzuki aims for car that gets 40km per liter

    TOKYO -- Suzuki Motor says it will create cars that can run for 40km per liter of gasoline by improving its existing technologies. The moves comes as Suzuki seeks to reinforce its presence in emerging economies, where demand for efficient cars i

    April 17, 2014 01:00 pm JST
  • 'Fragile Five' currencies rally on waning US interest rate fears

    TOKYO -- Emerging-market currencies are rebounding as concerns subside regarding U.S. monetary tightening in the near term. Currencies of the so-called Fragile Five nations -- Turkey, South Africa, India, Brazil and Indonesia, had fallen prey to

    April 16, 2014 03:23 am JST
  • Newer Asean members' revenues pinched by free trade zone

    HANOI -- Less-developed members of Asean are struggling to replace tax revenues being lost as they move to reduce tariffs in line with the Southeast Asian bloc's plans for regional economic integration. To promote free trade across the region, m

    April 16, 2014 02:10 am JST
  • 'Tonkotsu' ramen bowling over Asia

    TOKYO -- Japanese ramen has a lot of fans throughout Asia, but one variety of this noodle dish -- tonkotsu style -- is proving especially popular, especially among the region's Chinese populace. Tonkotsu, which literally means "pork bones," ref

    April 15, 2014 07:00 pm JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • Japan to insure 1st Myanmar infrastructure project in 12 years

    TOKYO -- Nippon Export and Investment Insurance will underwrite trade insurance for major infrastructure projects in Myanmar by a Japanese company for the first time in 12 years, a development that may encourage others to make inroads into the rapid

    April 15, 2014 02:18 am JST
  • Singapore's Wilmar enters Myanmar's sugar market via joint venture

    SINGAPORE -- Major Singaporean palm oil producer Wilmar International announced Monday that it will form a joint venture with Myanmar's Great Wall Food Stuff Industry as it seeks to gain access to the country's sugar market. Wilmar will hold a 5

    April 15, 2014 12:07 am JST
  • There's more to Japan than Tokyo, foreign dignitaries find

    TOKYO -- More and more foreign dignitaries are venturing out of Tokyo when they visit Japan. Popular destinations include Kinkakuji Temple in Kyoto and the ancient capital of Kamakura, which U.S. President Barack Obama visited when he was here. But

    April 14, 2014 07:00 pm JST
  • New films expose repressed histories in Asia

    TOKYO -- Japan's filmgoers have the opportunity this spring and summer to view several films from Asia that illuminate terrible, long-buried events from modern history. By telling the stories of nations butchering their own citizens, these masterful

    April 12, 2014 01:00 pm JST
  • Myanmar developer building luxury residences for natives

    YANGON -- Yoma Strategic Holdings, a Myanmar-based real estate company, is accelerating development projects here targeting the country's growing middle class. Yoma, which is listed on the Singapore stock market, is developing Star City, a luxur

    April 11, 2014 04:36 am JST
  • Mitsubishi Materials to build factory in Laos

    TOKYO -- Mitsubishi Materials said Wednesday that it plans to invest about 600 million yen ($5.83 million) to build an air-conditioner-component plant in the Laotian capital of Vientiane. The factory, which will make temperature sensors, is slat

    April 10, 2014 01:10 am JST
  • Kicking its Chinese investment habit

    NAYPYITAW -- In a marked departure from recent years, Myanmar has drastically slashed its dependence on investment from China, even as the burgeoning democracy opens its arms to a flood of funds from other nations in Asia. Overall, foreign direc

    April 10, 2014 12:00 am JST
  • Myanmar's (not quite) free media

    YANGON -- After five decades of strict censorship and official suppression, Myanmar's media are, ironically, now considered freer than their counterparts in neighboring Malaysia, Laos, Vietnam and the Philippines, according to media watchdog organiz

    April 10, 2014 12:00 am JST
  • Thailand's Betagro hatches Japanese egg-and-rice plan

    BANGKOK -- Thai agriculture business conglomerate Betagro is bringing Japanese omu-raisu -- eggs stuffed with fried rice -- to the Southeast Asian nation. It will work with the Japanese restaurant chain operator Pomme Food on the launch of a new omu

    April 9, 2014 04:31 pm JST
  • Air China adds direct service to Yangon

    BEIJING -- Air China has started direct flights to Yangon, Myanmar's largest city. Four flights per week have been added between Beijing and Yangon, while a route between Chengdu and Yangon with a stop in Kunming will be serviced daily. Many

    April 9, 2014 05:54 am JST
  • Apparel maker Teijin Frontier to lift Southeast Asian output

    TOKYO -- Clothing and textile company Teijin Frontier will step up apparel production in Southeast Asia, with plans to open a new facility in Myanmar by March 2015. Amid rising production costs in China, the company is shifting focus to Southeas

    April 8, 2014 12:17 am JST
  • Mitsui & Co. to build Malaysian coal-fired power plant

    YANGON, Myanmar -- Japanese trading house Mitsui & Co. plans to build an advanced coal-fired power plant in Malaysia that uses ultra-supercritical pressure technology. Mitsui will oversee construction and operation of two coal-fired generators t

    April 6, 2014 02:00 am JST
  • ASEAN finance ministers gather in Myanmar for annual meeting

    NAYPYITAW (Kyodo) -- The 18th meeting of the finance ministers of the Association of Southeast Asian Nations opened in Myanmar's administrative capital Naypyitaw on Saturday to discuss the regional and global economic outlook, a post-2015 vision for

    April 5, 2014 03:30 pm JST