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  • Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, is the wife of Prime Minister Lee Hsien Loong. She commands the economy with a cool head. Temasek has Singapore Telecommunications and o

    January 30, 2014 05:00 pm JST
  • QL's Chia does not mince around

    SINGAPORE -- Chia Song Kun's rags-to-riches story begins in a poor fishing village. Malaysia's QL Resources, Asia's largest minced fish producer, is headed by Chia Song Kun, the founder and managing director of the company. Chia started his vill

    January 30, 2014 05:00 pm JST
  • Ho bets on 'eternal' Chinese consumption

    SINGAPORE -- Ho Kwon Ping, executive chairman of Banyan Tree Holdings, an operator of upscale hotels and resorts based out of Singapore, is banking on China. He expects the Chinese government will move to bolster personal spending. Banyan Tree i

    January 30, 2014 05:00 pm JST
  • Tang adds zest to infrastructure market

    SINGAPORE -- Tang Kin Fei has a rare trait for a Singaporean businessman: Loyalty. The president of Singapore's leading government-affiliated conglomerate, Sembcorp Industries, is one of the few executives in the city-state who has stuck with th

    January 30, 2014 05:00 pm JST
  • Lim's gloves-on approach

    SINGAPORE -- Top Glove already accounts for 25% of the world rubber glove market, but it wants more. The Malaysian company was founded in 1991 and has become a giant business in only a little more than two decades. Lim Wee Chai is its chairman.

    January 30, 2014 05:00 pm JST
  • Autoparts maker Mizushima Kiko to borrow funds from Thai bank

    TOKYO -- Autoparts maker Mizushima Kiko will procure funding from Bangkok Bank using a baht-denominated loan guarantee arrangement from Japan Finance Corp. and Hyakujushi Bank. Backed by guarantees from Hyakujushi Bank, Japan Finance will issue

    January 30, 2014 03:30 am JST
  • Asean's $10 billion club membership slips to 26

    HONG KONG -- Corporate Southeast Asia has 26 companies worth $10 billion or more. The number is down from 31 a year earlier, according to a Nikkei survey using financial data provided by U.S. company FactSet Research Systems. Some of the compani

    January 30, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 30, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 30, 2014 12:00 am JST
  • Japanese megabanks buying beachheads in SE Asia

    TOKYO -- Two Japanese megabanks are poised to explore the Southeast Asian market in earnest by acquiring big stakes in local banks. Mitsubishi UFJ Financial Group last December purchased a 72% interest in Thailand's fifth-largest bank, Bank of A

    January 30, 2014 12:00 am JST
  • Energy companies power up across region

    HONG KONG -- Energy businesses were a noticeable presence on the list of fastest-growing Southeast Asian companies. They had the highest rate of combined market value growth in 2013. Malaysia's SapuraKencana Petroleum Bhd, whose operations inclu

    January 30, 2014 12:00 am JST
  • Food for thought among Southeast Asia's fastest-growing companies

    HONG KONG -- Massive flows of funds into promising Southeast Asian companies have boosted the market values of food and energy businesses. SapuraKencana Petroleum Bhd, a Malaysian oil equipment business, was 2013's fastest-growing company in ter

    January 30, 2014 12:00 am JST
  • Learning on the job

    BANGKOK -- The recent surge of labor activism throughout Asia, intensified by harsh suppression in some countries, highlights the problems facing both investors and governments in a region seeing uneven income growth and rising worker expectations.

    January 30, 2014 12:00 am JST
  • Finding their voice

    Recent events in Southeast Asia highlight the growing demands of workers across the region for higher wages, better conditions and a stronger social safety net. They also show how governments are struggling to cope. In nearly every country in th

    January 30, 2014 12:00 am JST
  • Sticking around

    Wages are rising rapidly in China, and it is resulting in changes for the "factory to the world." According to the World Economic Trends spring 2012 report published by Japan's Cabinet Office, China's nominal wage growth rate between 2007 and 20

    January 30, 2014 12:00 am JST
  • The wages of growth

    As wages climb in China and Southeast Asia, so too do costs for the many global companies operating there. Businesses are responding by seeking out cheaper production sites. But their relocation options are dwindling as more countries boost pay leve

    January 30, 2014 12:00 am JST
  • Global businesses financing in local currencies

    TOKYO -- Japanese businesses with operations outside of Japan are increasingly localizing their financing arrangements, mainly to reduce exchange rate risks. These companies are mostly automobile and machinery manufacturers. The money they raise

    January 30, 2014 12:00 am JST
  • Investors drop Thai stocks, bonds

    BANGKOK -- An accelerating sell-off in the Thai markets and widening credit spreads on the country's debt are sending clear signals of intensifying investor anxiety about the turmoil engulfing Bangkok. International money managers have withdrawn

    January 30, 2014 12:00 am JST
  • Business worries rise in Thailand

    BANGKOK -- Thailand's economy and foreign investment flows are under growing threat as anti-government protests appear set to continue for a fourth month. Companies are putting investment decisions on hold and exploring alternative locations in

    January 30, 2014 12:00 am JST
  • Protecting trade finance from US tapering

    As we approach Chinese New Year, moves by the U.S. Federal Reserve to prepare to taper its bond purchases have put a damper on the festive mood. An official with China's commerce ministry recently remarked that the outlook for the country's foreign

    January 30, 2014 12:00 am JST