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  • Summer TPP deal looks touch and go

    SINGAPORE -- The latest round of ministerial talks on the Trans-Pacific Partnership saw the beginnings of a shift by some from a principled pursuit of open markets to a pragmatic willingness to allow some loopholes. But much heavy lifting remain

    May 21, 2014 06:02 am JST
  • Subaru maker to produce Forester SUV in Malaysia

    TOKYO -- Fuji Heavy Industries plans to begin assembling its mainstay Forester sport utility vehicle in Malaysia by fiscal 2016. The maker of Subaru vehicles will ship engine and other core components from Japan, and build the vehicles at a faci

    May 21, 2014 12:34 am JST
  • TPP vital not just economically but strategically: Lee Hsien Loong

    SINGAPORE -- Differences between the U.S. and Japan over tariff reductions and the reluctance of Southeast Asian nations to eliminate advantages their state-owned companies have over private rivals have hampered negotiations for the Trans-Pacific Pa

    May 20, 2014 11:00 pm JST
  • Malaysia Airlines shares fall on "bankruptcy" discussion

    KUALA LUMPUR -- Shares of Malaysia Airlines dropped 18.42% on Monday to a record low of 0.15 ringgit on a report that the government might consider bankruptcy as an option to restructure the crisis-plagued airline. The stock bounced back slightl

    May 20, 2014 06:50 pm JST
  • Malaysia's SapuraKencana Petroleum wins contracts worth $312M

    KUALA LUMPUR -- SapuraKencana Petroleum, a leading integrated offshore services provider, announced May 8 that it had secured five contracts worth a total of $312 million from international oil and gas companies for work in Ivory Coast, Russia, Indi

    May 20, 2014 02:00 pm JST
  • Malaysia' s economy grew 6.2% in Jan.-March

    KUALA LUMPUR -- Malaysia's economy surged 6.2% in the first quarter of 2014, the fastest pace since the fourth quarter of 2012. The growth was aided by higher domestic demand and a turnaround in net export numbers. Domestic consumption remains t

    May 19, 2014 10:49 am JST
  • Malaysia Airlines posts 5th quarterly net loss

    KUALA LUMPUR -- Malaysia Airlines' net loss for the quarter ended in March widened to 443 million ringgit ($137 million) from 279 million ringgit in the same period last year. The disappearance of Flight 370 in early March had a dramatic effect

    May 16, 2014 11:14 am JST
  • Malaysia's Genting betting on casinos in Vegas, South Korea

    SINGAPORE -- Genting Group will strengthen its presence beyond Southeast Asian shores, with plans to open casino resorts in Las Vegas and on South Korea's Jeju Island. The company, which runs casino resorts in its home market of Malaysia along w

    May 16, 2014 05:02 am JST
  • Showdown in Asia's budget skies: Setting the standard

    Budget airlines have transformed the way people in Asia think about travel. Corporations have even become accustomed to using these airlines for company travel. This is a sign that the sector is now mainstream. But Asia's budget airline growth

    May 16, 2014 03:00 am JST
  • Showdown in Asia's budget skies: Taking off

    HANOI -- Southeast Asia's expanding aviation market is connecting the region like never before. And budget airlines are leading the way. This has inspired the term "airnomics," in which the traffic of people, goods and money in the region increases

    May 16, 2014 03:00 am JST
  • Malaysia's Islamic lender BIMB continues quest for regional expansion

    KUALA LUMPUR -- BIMB Holdings, Malaysia's Islamic lender, has not given up on acquiring banks in Indonesia. "We are keen even though foreign shareholding is capped at 40%," Managing Director Zukri Samat said at a press conference Thursday. I

    May 15, 2014 06:00 pm JST
  • Malaysia's Petronas to further reduce stake in Canadian LNG facilities

    KUALA LUMPUR -- Malaysia's national oil company Petronas says it is in negotiations to further reduce its stake in Canadian liquefied natural gas export facilities worth $11 billion to share the cost of investment. Petronas announced last month

    May 15, 2014 11:45 am JST
  • Malaysia stocks hit a record high despite lingering risks

    SINGAPORE -- The optimism driving emerging market shares is prevailing in Malaysia as well, despite risk factors including territorial tensions between Southeast Asian nations and China and the troubles of Malaysia Airlines. On Wednesday, the Ku

    May 15, 2014 12:02 am JST
  • Taking off

    HANOI -- Southeast Asia's expanding aviation market is connecting the region like never before. And budget airlines are leading the way. This has inspired the term "airnomics," in which the traffic of people, goods and money in the region increases

    May 15, 2014 12:00 am JST
  • Setting the standard

    Budget airlines have transformed the way people in Asia think about travel. Corporations have even become accustomed to using these airlines for company travel. But Asia's budget airline growth over the past decade has also been exceptional in

    May 15, 2014 12:00 am JST
  • The sky's limit

    BANGKOK -- Don Mueang International Airport, Bangkok's original international gateway, closed in 2006 after more than eight decades of service. There was a new, $4 billion hub in town -- Suvarnabhumi Airport. But thanks to the popularity of budg

    May 15, 2014 12:00 am JST
  • 7-Eleven Malaysia set for big debut on Kuala Lumpur stock market

    KUALA LUMPUR -- Malaysia's largest convenience store chain, 7-Eleven Malaysia Holdings, is ready for an initial public offering it hopes will raise up to 731.85 million ringgit ($226 million). The proceeds will be used to open stores and upgrade the

    May 15, 2014 12:00 am JST
  • Japan, US willing to accept shorter exclusivity for drug data

    TOKYO -- A possible compromise has emerged over one of the biggest sticking points in the Trans-Pacific Partnership, with Japan and America offering a concession on drug data protection in hopes of advancing the negotiations. Their proposal woul

    May 14, 2014 05:28 am JST
  • Japan to help Asean fight cybercrime

    TOKYO -- Japan will do more to help member countries of the Association of Southeast Asian Nations counter the growing threat of cybercrime, people familiar with situation told The Nikkei on Tuesday. The government plans to create by the end of

    May 13, 2014 02:00 pm JST
  • Myanmar walking on eggshells in South China Sea squabbles

    YANGON/BEIJING -- Avoiding direct criticism of China, Myanmar expressed concern Monday over Beijing's role in territorial disputes in the South China Sea. Myanmar, which had hosted the Association of Southeast Asian Nations' annual summit in the

    May 13, 2014 03:48 am JST