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  • Nikkei Asia300 Index falls as North Korea tensions resurface

    MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Friday as North Korea's threat of a hydrogen bomb test exacerbated tensions surrounding the region, hurting investor appetite.The Nikkei Asia300 Index lost 1% to end at 1,313.72. For the we

    September 22, 2017 08:53 pm JST
  • Vietnam's state enterprise sell-off starts to look like mirage

    HANOI -- Investors are bemoaning the Vietnamese government's apparent backtracking on plans to sell off 12 major state-owned businesses.In September 2016, the government announced to great fanfare that it would sell its entire stakes in these compan

    September 22, 2017 04:53 pm JST
  • Biggest Asian workforces underprepared for digital future: survey

    HONG KONG -- The economies of China, India and Indonesia are digitizing fast, but their populations may not be well equipped to reap the benefits of a world experiencing rapid globalization, urbanization and technological innovation, according to a

    September 20, 2017 01:25 am JST
  • Vietnam resort developer FLC Group eyes aviation, casinos

    TOKYO -- Ho Chi Minh-listed real estate developer FLC Group has unveiled hugely ambitious plans for expansion and is on the hunt for investors. But while there is no doubt Vietnam's growing travel market offers huge potential, there are concerns ove

    September 18, 2017 02:01 pm JST
  • Emerging market stocks break records as money gushes in

    BANGKOK -- Waning prospects for higher U.S. interest rates have freed investors to pour money into emerging equity markets, with leading benchmarks in the Philippines, Brazil and elsewhere posting all-time highs in recent weeks.The Philippine Stock

    September 18, 2017 03:14 am JST
  • Asian family conglomerates

    For Thailand's retail giant Central Group, it is no longer all in the family

    BANGKOK -- When Vietnamese Prime Minister Nguyen Xuan Phuc visited Thailand in August, a red carpet was rolled out for him at Central Group's Central Ladprao, a shopping complex in downtown Bangkok.The premier had been invited to attend the opening

    September 15, 2017 05:44 pm JST
  • Asian family conglomerates: Management at Central Group is no longer a family affair

    BANGKOK When Vietnamese Prime Minister Nguyen Xuan Phuc visited Thailand in August, a red carpet was rolled out for him at Central Group's Central Ladprao, a shopping complex in downtown Bangkok. The premier had been invited to attend the opening ce

    September 14, 2017 10:00 am JST
  • Japan's smaller airports welcome Southeast Asia

    TOKYO/JAKARTA More airlines in Southeast Asia are flying to Japan's regional cities as a growing number of travelers visit the country. And seeing inbound tourism as the key to boosting regional economies, central and local governments in Japan are

    September 14, 2017 10:00 am JST
  • Vietnam's FPT sells stake in trading arm, continues IT push

    HO CHI MINH CITY -- Information technology group FPT agreed Tuesday to sell a 47% stake in its trading arm to Synnex Technology International, the latest move by the Vietnamese conglomerate to scale back trading activities in order to focus on high-

    September 12, 2017 11:56 pm JST
  • Southeast Asian airlines open new regional routes to Japan

    TOKYO/JAKARTA -- More airlines in Southeast Asia are flying to Japan's regional cities amid a growing number of travelers arriving in the country. Japanese central and local governments are seeking to help the trend by promoting the country's region

    September 12, 2017 01:20 pm JST
  • Countries grapple with perplexing RCEP puzzle

    SINGAPORE -- Although the Regional Comprehensive Economic Partnership has been hailed as the new flag-bearer for free trade in light of the U.S. withdrawal from the Trans-Pacific Partnership, its 16 negotiating members are struggling to meet their o

    September 12, 2017 02:24 am JST
  • FPT global expansion plows on with fifth US office

    HO CHI MINH -- Vietnam's leading information technology group FPT opened its fifth representative office in the U.S. in Denver, Colorado this month as it presses ahead with overseas expansion plans.The new office aims to enhance cooperation and supp

    September 11, 2017 01:30 pm JST
  • After years of sewing casual fashion, Vietnam tries it on

    HANOI -- International casualwear brands are rushing to set up shop in Vietnam, as the longtime production hub for the apparel industry blossoms into a big fashion market amid economic growth that lifts incomes.Fast fashion on the riseSweden's H&M H

    September 9, 2017 04:13 am JST
  • PetroVietnam to cut its stake in PV Gas to 65% from 95%

    HO CHI MINH CITY -- The Vietnamese government expects to reduce its ownership in PetroVietnam Gas, or PV Gas, to 65% from more than 95% between 2018 and 2019, following the announcement of a massive restructuring at PetroVietnam, the parent company

    September 8, 2017 06:20 pm JST
  • Vietnam slow to sell off state-owned companies

    HANOI -- The Vietnamese government's plans to fully divest itself of 12 state-owned enterprises have progressed at a snail's pace since being announced last September, raising speculation that in reality Hanoi wants to keep its ownership level high

    September 8, 2017 06:22 am JST
  • Mastering Business in Asia

    Asia schools itself in the art of business

    SINGAPORE/HONG KONG -- There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergen

    August 24, 2017 12:00 pm JST
  • Asia schools itself in the art of business

    SINGAPORE/HONG KONG There are plenty of metrics to chart Asia's economic rise over the last two decades, ranging from economic growth rates and industrial output to tourist numbers and car sales. Less noticed, but just as striking, is the emergence

    August 24, 2017 10:00 am JST
  • SE Asian convenience stores see big prospects in tiny spaces

    HANOI/YANGON/JAKARTA -- Southeast Asian convenience-store chains are finding success with unorthodox strategies such as minimarts tailored for crowded cities or remote areas, giving them a flexibility that bigger foreign rivals have failed to match.

    August 20, 2017 01:30 pm JST
  • Nikkei Asia300 Index recovers from weekly loss as US inflation damps Fed rate hike bets

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rebounded from a weekly loss, tracking gains on Wall Street after slower-than-expected U.S. inflation data eased expectations of another rate increase this year.The Nikkei Asia300 Index add

    August 14, 2017 09:24 pm JST
  • FPT reduces stake in handset retail subsidiary

    HO CHI MINH CITY -- FPT, Vietnam's biggest information technology company, announced on Friday that it has transferred 30% of FPT Digital Retail's charter capital to Dragon Capital and VinaCapital, the two biggest investment funds in Vietnam.Details

    August 12, 2017 12:11 am JST