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  • ASEAN PMI rises to 50.9 in March

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose to 50.9 in March from 50.3 in February. All ASEAN economies except Malaysia recorded growth across their manufacturing sectors. A reading above 50 indicates economic ex

    April 3, 2017 09:30 am JST
  • Thailand's PMI down to 50.2 in March

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, dropped to 50.2 in March from 50.6 in February.A reading above 50 indicates economic expansion, while one below 50 points toward contraction. The latest data showed an im

    April 3, 2017 09:30 am JST
  • Thai crackdown on Uber has public crying foul

    BANGKOK -- Online ride-hailing services are stirring controversy in Thailand as the authorities crack down on drivers affiliated with Uber and other popular apps.At the center of the battle are the Department of Land Transport, which sees drivers wh

    March 31, 2017 05:45 pm JST
  • Luxury condos are luring Asia's superwealthy 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, and m

    March 30, 2017 10:00 am JST
  • Southeast Asia's gaming startups take a cue from Tencent

    TOKYO Gaming startups across Southeast Asia are taking a cue from Chinese tech giant Tencent Holdings and branching out beyond games, an approach that is helping reel in users and woo investors.THE GARENA EXAMPLE At a gaming cafe in downtown Singapo

    March 30, 2017 10:00 am JST
  • Thailand's empire-building tycoons

    BANGKOK During Thailand's boom years, between 1986 and 1996, business owners didn't have to look far beyond their own national borders to guarantee healthy profits. Growth nationally ticked along at 7% and the country's burgeoning middle class prove

    March 30, 2017 10:00 am JST
  • Japan's Showa Denko partnering on Thai aluminum can plant

    BANGKOK -- Japanese chemical maker Showa Denko will produce aluminum cans together with Thai energy drink brewer Carabao Group, fulfilling the former's wish for a promising Asian business and the latter's for lightweight cans to export its drinks in

    March 30, 2017 05:23 am JST
  • 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