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  • Price spikes feared as Asian oil production drops

    SINGAPORE -- A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels

    March 29, 2017 07:40 pm JST
  • Upscale Thai hotel chain entering Japanese market

    TOKYO -- Dusit International, a Thai luxury hotel group, will enter the Japanese market via a joint venture with Tokyo-based business hotel operator Colours International, aiming to draw more overseas customers by gaining brand recognition in the co

    March 29, 2017 12:25 am JST
  • Singtel, Telkomsel to launch mobile remittance service in Indonesia

    SINGAPORE -- Singapore Telecommunications, known as Singtel, is partnering with Indonesian operator Telkomsel to launch a real-time mobile remittance service in Indonesia, to boost its mobile money initiatives and tap into the relatively unbanked ma

    March 27, 2017 08:54 pm JST
  • Luxury condos lure Asia's super-wealthy to Bangkok

    BANGKOK -- Top-end Thai property developers are locked in an intensifying race to lure wealthy buyers into purchasing multimillion dollar luxury apartments in Thailand's capital.Several major high-end projects have been completed or are underway, an

    March 27, 2017 06:30 pm JST
  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 26, 2017 04:30 pm JST
  • Insurers help to pay for Asia's infrastructure needs

    BANGKOK -- A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country's severe electricity shortages. But, for Asia's insurance

    March 26, 2017 01:40 am JST
  • Brazilian meat scare sweeps across Asia

    HONG KONG/SEOUL -- The scandal over tainted meat from Brazil is shaking up Asian markets that have come to depend on the South American country's plentiful exports. Hong Kong, Macau and mainland China have each suspended imports, while South Korean

    March 23, 2017 11:59 pm JST
  • Nikkei Asia300 Index little changed as Trump caution weighs

    HONG KONG (NewsRise) -- Asian stocks were little changed Thursday despite a rebound on Wall Street as markets remained cautious about U.S. President Donald Trump's ability to pass major economic reforms.The Nikkei Asia300 Index was 0.01% higher at 1

    March 23, 2017 09:52 pm JST
  • Michael Vatikiotis

    ASEAN at 50: Uncertain times call for smart diplomacy

    As the Association of Southeast Asian Nations celebrates its 50th anniversary, the complexity of the internal and external environment is severely testing its approach to cooperative security that rests, above all, on preserving the sovereignty of e

    March 23, 2017 09:40 pm JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 12:00 pm JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE -- People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communiq

    March 23, 2017 11:30 am JST
  • Insurance promises Asia much more than peace of mind

    TOKYO Trinh Pham, a 25-year-old office worker in Ho Chi Minh City, vividly remembers the day she decided to join an insurance program."My colleague suddenly passed away three months ago with colorectal cancer," she said. "I felt so sorry for him and

    March 23, 2017 10:00 am JST
  • Necessity is the mother of invention for Asia's insurers

    BANGKOK When Pathom Indarodom crashed his new car into a telephone pole in central Bangkok, he was daunted by the thought of spending days, if not months, filing a claim with his car insurer.But he soon remembered hearing about an app from a friend.

    March 23, 2017 10:00 am JST
  • Insurers help to pay for Asia's infrastructure needs

    BANGKOK A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country's severe electricity shortages. But, for Asia's insurance co

    March 23, 2017 10:00 am JST
  • Microinsurance closes gaps in social safety nets

    TOKYO "I was very worried [about the hospital bill] because my father was in [intensive care] for a long time," said Sheryl Tan, recalling the two painful months leading up to her father's death last year. "So I was relieved when I heard that Medi

    March 23, 2017 10:00 am JST
  • ASEAN finds free trade a tougher sell in today's environment

    SINGAPORE People become aware of the divine power of a mantra only when they no longer hear it.People have been hearing world leaders inveigh against protectionism after official meetings for so long that they barely took notice. But the communique

    March 23, 2017 10:00 am JST
  • Southeast Asia's gaming startups win by branching out

    TOKYO -- Gaming startups that take their cues from Chinese tech giant Tencent Holdings are on the rise in Southeast Asia, stoking investor interest in the potential for the same diversified approach to succeed in the region.The Garena exampleAt a ga

    March 22, 2017 12:00 pm JST
  • Japan's NEC to build new factory in Thailand

    BANGKOK -- NEC will build a new factory in central Thailand to consolidate operations from two nearby plants, aiming to double sales of telephone exchanges and automotive electronics made at the facilities to about 40 billion yen ($355 million) by 2

    March 18, 2017 04:15 am JST
  • Australia's Bishop gives sermon to ASEAN on diplomacy

    MANILA -- Julie Bishop, the Australian foreign minister, called on the Association of Southeast Asian Nations on Thursday to heed a landmark arbitration court decision last year when a fresh code of conduct to handle territorial disputes in the Sout

    March 16, 2017 11:22 pm JST
  • Multinationals in Asia: Heineken's future depends on Southeast Asia

    HANOI/GENEVA The world's second-largest brewer, Heineken, is on the offensive in Southeast Asia.The Dutch company plans to expand production capacity more than tenfold at its Vietnamese plant, and has begun operating new plants in other locations li

    March 16, 2017 10:00 am JST