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  • To tackle global disinflation, fix income gaps

    Six years after the global financial crisis hit growth across much of the developed world, you might think we have finally embarked on a path of steady healing. Unemployment rates are falling, growth is positive, albeit a little disappointing, and f

    April 10, 2014 12:00 am JST
  • Missing flight makes Malaysia Airlines bailout more likely

    SINGAPORE -- The mystery of missing Malaysia Airlines Flight 370 has cast an additional cloud over the country's already struggling national airline. The carrier may have to turn to the government for relief once more, but indulging the company

    April 10, 2014 12:00 am JST
  • Singapore health care company stakes claims for Australian launch

    SINGAPORE -- International Healthway Corporation, a Singaporean health care company known as IHC, is laying the groundwork for expansion into Australia. IHC has acquired roughly 110 million Australian dollars ($102 million) worth of commercial p

    April 10, 2014 12:00 am JST
  • Asean's 'unbanked' getting equipped with e-wallets

    SINGAPORE -- Talk of a cashless society may seem premature for much of Asia, where millions have yet to open their first bank accounts. But one Singaporean startup wants to usher the masses straight into the digital payment era. Numoni, founded

    April 10, 2014 12:00 am JST
  • Malaysia's Affin buys Singapore's Hwang-DBS

    KUALA LUMPUR -- Affin Holdings completed the half a billion dollar acquisition of Hwang-DBS investment bank on Apr. 7. The 1.4 billion ringgit ($518 million) deal was made as part of Affin's ambitions to grow in the wealth management business. T

    April 9, 2014 06:05 pm JST
  • Rise of private companies a litmus test for Malaysia's future

    TOKYO -- State-affiliated players have long held considerable sway in Malaysia, at times making it difficult for others to grow. But now that seems to be changing, as private companies intent on expanding raise their profiles at home and abroad.

    April 9, 2014 06:35 am JST
  • Japanese logistics give Southeast Asia the chills

    TOKYO -- Japan's logistics companies are rolling out cold-chain services in Southeast Asia, winning over local retailers, restaurants and the growing number of people in the region with higher disposable incomes. Southeast Asian consumers have t

    April 8, 2014 07:00 pm JST
  • Malaysia's Najib wants to tackle Asean disparity

    KUALA LUMPUR -- Malaysian Prime Minister Najib Razak has proposed that richer Southeast Asian countries increase their annual contribution to the regional bloc's secretariat and that Asean be governed by rules and regulations to hasten integration a

    April 8, 2014 06:20 pm JST
  • Malaysia's Kuok Group to list offshore services operator PACC

    SINGAPORE -- Malaysia's Kuok Group officially started the process of listing PACC Offshore Services Holdings on the Singapore Exchange. PACC, an owner and operator of support vessels for offshore oil and gas fields worldwide, is to raise funds to co

    April 8, 2014 05:55 pm JST
  • Maybank's Southeast Asian investments bear fruit

    KUALA LUMPUR --Malaysia's largest lender Maybank says it is on track to achieve 40% profit outside the country by the end of 2015. "We do have options that will enable us to succeed in getting 40% earnings outside Malaysia," President Abdul Fari

    April 8, 2014 10:24 am JST
  • Malaysia's IHH Healthcare continues its climb

    SINGAPORE -- IHH Healthcare of Malaysia, Asia's largest hospital operator, edged up Monday despite the news that it might not go through with the anticipated acquisition of an Australian health care company. Malaysian shares hovered around last

    April 8, 2014 12:24 am JST
  • Nigeria, Malaysia top survey of 20 emerging economies

    TOKYO -- In an effort to diversify its economy following rapid growth due to crude oil exports, Nigeria has launched the Industrial Revolution Plan. Designed to end heavy reliance on oil and create greater wealth for a population of nearly 200 mill

    April 7, 2014 07:00 pm JST
  • Universities from industrial nations putting down stakes in Islamic countries

    TOKYO -- Japan, the U.S. and Europe are competing for Islamic minds. At least their institutions of higher education are. Many academic institutions from major industrial nations are expanding into various Islamic nations as demand grows for hig

    April 7, 2014 07:00 am JST
  • Mitsui & Co. to build Malaysian coal-fired power plant

    YANGON, Myanmar -- Japanese trading house Mitsui & Co. plans to build an advanced coal-fired power plant in Malaysia that uses ultra-supercritical pressure technology. Mitsui will oversee construction and operation of two coal-fired generators t

    April 6, 2014 02:00 am JST
  • Malaysia's Petronas gets green light on $16B refinery

    KUALA LUMPUR -- The board of directors of Malaysia's national oil company, Petronas, has approved plans for a $16 billion oil refinery and petrochemical plant to lift slowing growth and prevent neighboring Singapore from dominating the regional indu

    April 5, 2014 11:31 pm JST
  • Emerging Asia's money: a treasure trove untouched

    SINGAPORE -- After buying the Cardiff City Football Club in 2010, Malaysian tycoon Vincent Tan decided to rebrand the U.K. soccer team with a bit of inspiration drawn from his Chinese roots. Jerseys were changed from the time-honored blue to red and

    April 5, 2014 07:00 am JST
  • Malaysia Airlines struggles to revive prospects

    SINGAPORE -- The mystery of missing Malaysia Airlines Flight 370 has cast an additional cloud over the country's already struggling national airline. The carrier may have to turn to the government for relief again. However, indulging the company

    April 4, 2014 07:00 pm JST
  • Malaysia's AirAsia refuses to move airport

    KUALA LUMPUR -- AirAsia will not move to a new terminal for budget airlines in Malaysia unless safety and security issues are addressed, the company said in an April 1 statement. The Malaysia-based budget airline said it will continue to operate

    April 4, 2014 01:00 pm JST
  • Former Petronas CEO to lead Singapore's Sembcorp Marine

    SINGAPORE -- Sembcorp Marine has appointed Mohd Hassan Marican as chairman of the board. He succeeds current Chairman Goh Geok Ling on April 22 at the Singapore-based offshore and marine engineering company. Marican is the former President and C

    April 3, 2014 07:00 pm JST
  • Japan, US to help Southeast Asia with maritime security

    TOKYO -- Japan and the U.S. will likely agree to enhance cooperation in supporting Southeast Asian nations in sea surveillance and other areas when their leaders meet later this month. U.S. President Barack Obama is slated to visit Japan from Ap

    April 3, 2014 05:23 am JST