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  • BASF opens large R&D center in India

    FRANKFURT, Germany -- BASF has set up a vast research and development facility in the Indian city of Mumbai as a part of efforts to bolster sales in the Asia-Pacific region.Standing on a roughly 20,000-sq.-meter plot, Innovation Campus Asia-Pacific

    March 10, 2017 02:30 am JST
  • Art finds its place in the new Yangon

    YANGON -- It is almost impossible to walk through the streets of downtown Yangon without having one's aesthetic sensibilities stirred, at least a little.Many grand colonial buildings are crumbling relics of their former architectural glory and the g

    March 9, 2017 07:18 pm JST
  • Asian PMI readings paint a mixed picture

    TOKYO Business activity in Southeast Asia picked up overall in February, but manufacturers' outlook for future output was less rosy, the latest Nikkei Purchasing Managers' Index shows.The headline Nikkei ASEAN Manufacturing PMI rose 0.3 point from J

    March 9, 2017 10:00 am JST
  • ADB report poses $26tn question for Asia

    MANILA Back in 2009, the Asian Development Bank estimated the region would need $8 trillion worth of infrastructure investment between 2010 and 2020. Now, for the 15 years from 2016 to 2030, the bank reckons $26 trillion is in order to sustain curre

    March 9, 2017 10:00 am JST
  • The magic in Myanmar's numbers

    Societies often treat numbers with care, even reverence. They may be mystical, magical, symbolic or simply a mnemonic tool. During World War II, the combination of the safe in the German Embassy in Turkey was Hitler's birthday. Many years ago, the c

    March 9, 2017 10:00 am JST
  • Yun Sun: Aung San Suu Kyi's passivity threatens Myanmar peace efforts

    If things happen as planned, Myanmar will hold the second 21st Century Panglong Conference in March. Also known as the Union Peace Conference, it is modeled on the 1947 meeting between ethnic leaders and independence hero Gen. Aung San, father of Au

    March 9, 2017 10:00 am JST
  • Tea Leaves

    The magic in Myanmar's numbers

    Societies often treat numbers with care, even reverence. They may be mystical, magical, symbolic or simply a mnemonic tool. During World War II, the combination of the safe in the German Embassy in Turkey was Hitler's birthday. Many years ago, the c

    March 9, 2017 10:00 am JST
  • Asian PMI readings paint a mixed picture

    TOKYO -- Business activity in Southeast Asia picked up overall in February, but manufacturers' outlook for future output was less rosy, the latest Nikkei Purchasing Managers' Index shows.The headline Nikkei ASEAN Manufacturing PMI rose 0.3 point fro

    March 8, 2017 05:00 pm JST
  • Thousands flee Myanmar army clashes with insurgents near China border, official says

    YANGON (Reuters) -- Thousands of people have fled clashes between the Myanmar military and ethnic rebels along the border with China, a Chinese official said, as fighting threatened leader Aung San Suu Kyi's top goal of reaching peace with minoritie

    March 8, 2017 04:00 pm JST
  • Fast-growing Cambodian bank eyes cross-border growth

    PHNOM PENH -- When In Channy took over the Association of Cambodian Local Economic Development Agencies (Acleda) in 1993 he found himself managing an odd assortment of loan officers. "I was from a refugee camp in Thailand, some of my colleagues used

    March 6, 2017 05:00 pm 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
  • Leadership reshuffle emboldens Cambodia's political opposition

    PHNOM PENH -- Whatever veneer of democracy Cambodia once had is fading quickly, warn regional critics. In recent weeks, the government of Prime Minister Hun Sen has imprisoned land-rights activists, sued a political commentator for defamation and ma

    March 3, 2017 04:30 pm 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
  • 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