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  • 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
  • Key minister's departure a bright spot for Suu Kyi

    YANGON -- Last March, Aung San Suu Kyi's National League for Democracy took control of parliament, ending half a century of military rule. But there has been little to smile about since as the new administration has found governing to be a struggle.

    March 1, 2017 07:00 pm JST
  • Myanmar manufacturing PMI edges up to 51.9 in February

    TOKYO -- The Nikkei Myanmar Manufacturing Purchasing Managers' Index, or PMI, inched up to 51.9 in February from 51.7 in January, hitting the highest reading since January 2016. The latest figure marked the second consecutive month of growth.A readi

    March 1, 2017 09:30 am 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
  • Asia needs $26tn for infrastructure through 2030: ADB report

    MANILA -- Asia will need $26 trillion of infrastructure investment in the 15 years from 2016 to 2030, said a report published on Tuesday by the Asian Development Bank.According to the report, titled Meeting Asia's Infrastructure Needs, the region ne

    February 28, 2017 01:23 pm JST
  • ADB says Asia needs to double infrastructure spending

    MANILA, Philippines (AP) - Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Developme

    February 28, 2017 12:35 pm JST
  • Australia brings snake bite expertise to Myanmar

    BANGKOK -- Snake bites kill hundreds of people every year in Myanmar and leave thousands more with lifelong disabilities. Many could be saved if anti-venom treatments could be delivered faster, especially in rural areas, say experts. But decades of

    February 25, 2017 01:00 pm JST
  • Japan, China play for 'swing states' in regional trade game

    TOKYO -- Top negotiators from 16 Asia-Pacific countries representing roughly half the world's population and around a third of global trade will meet in Kobe next week to discuss a trade deal that some, like Japan, hope will bear fruit amid the grow

    February 25, 2017 04:00 am JST
  • Yun Sun

    Aung San Suu Kyi and the peace process

    If things happen as planned, Myanmar will hold the second 21st Century Panglong Conference by mid-March. Also known as the Union Peace Conference, it is modeled on the 1947 meeting between ethnic leaders and independence hero General Aung San, fathe

    February 24, 2017 05:40 pm JST
  • Asahi bringing Calpis to Myanmar

    YANGON -- Asahi Group Holdings will begin selling its Calpis Lacto lactic beverage in Myanmar this month, marking the first time the Japanese company has sold Calpis-brand products in the Southeast Asian nation.The drink, which is made at a group pl

    February 24, 2017 03:00 am JST
  • Peninsula chief finds patience pays

    HONG KONG The Hongkong and Shanghai Hotels, operator of the luxury Peninsula chain, has made a big name for itself with a relatively small set of properties.Its current hotel count -- 10 -- pales in comparison to those of fellow Hong Kong-born group

    February 23, 2017 10:00 am JST
  • Peninsula chain adds carefully chosen links in Myanmar, elsewhere

    HONG KONG As it expands into Myanmar and Turkey, the operator of the Peninsula hotel chain is sticking with its signature formula of opening in the best of the best locations.The Peninsula Yangon will form a key part of a broader redevelopment proje

    February 23, 2017 10:00 am JST
  • ASEAN wants to seal a South China Sea deal with Beijing this year

    BORACAY, Philippines The Association of Southeast Asian Nations hopes to soon reach a deal with China on a "framework" for a code of conduct in the South China Sea, though some bloc members appear more enthusiastic about the idea than others."We are

    February 23, 2017 10:00 am JST
  • Aung San Suu Kyi finds a potential successor

    YANGON The chief minister of Myanmar's Yangon region is emerging as a strong candidate to succeed Aung San Suu Kyi, the nation's de facto leader, as he builds a reputation for tackling the challenges facing the Southeast Asian country's largest city

    February 23, 2017 10:00 am JST
  • North Korea facing Southeast Asian rift after murder

    KUALA LUMPUR -- The killing of Kim Jong Nam, half brother of North Korean leader Kim Jong Un, is threatening Pyongyang's relationship with the Association of Southeast Asian Nations as well as its access to the greater international community.At a T

    February 23, 2017 07:00 am JST
  • Myanmar's reformist business tycoon leading economic evolution

    YANGON -- Zaw Zaw, the chief of Max Myanmar group, a major conglomerate in Myanmar, has become the poster boy for the country's uphill battle to outgrow its past and build a democratic society and a fully modernized economy. About half a year since

    February 22, 2017 07:00 pm JST
  • Global pact to make customs procedures easy, transparent

    TOKYO -- A World Trade Organization pact designed to simplify and standardize customs procedures is expected to enter into force Wednesday, a boost to global trade amid worries of rising protectionism.The Trade Facilitation Agreement, adopted by WTO

    February 22, 2017 05:20 am JST
  • ASEAN wants South China Sea deal with Beijing this year

    BORACAY ISLAND, Philippines -- The Association of Southeast Asian Nations hopes to strike a deal with China on a "framework" for a code of conduct in the South China Sea by the middle of this year, though some members of the regional grouping appear

    February 21, 2017 11:38 pm JST