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  • ASEAN AT 50: Michael Vatikiotis

    For ASEAN, collective security is key to future

    The Association of Southeast Asian Nations was initially forged as a mechanism for managing collective security and so it is fitting that after a half century of existence, the organization should be judged on how successful it has managed the regio

    August 6, 2017 10:00 am JST
  • Vietnam defies China's maritime aggression

    MANILA -- Vietnam has emerged as Southeast Asia's loudest voice in resisting China's expansionist moves in the South China Sea.At a meeting of foreign ministers from the Association of Southeast Asian Nations that began here on Saturday, the Vietnam

    August 6, 2017 03:02 am JST
  • ASEAN firmly condemns North Korean missile tests

    MANILA -- Foreign ministers of the Association of Southeast Asian Nations (ASEAN) urged North Korea on Saturday to desist from raising tensions on the Korean Peninsula after the isolated communist nation successfully tested two long-range missiles l

    August 5, 2017 07:44 pm JST
  • Singapore bans Chinese-American scholar as foreign agent

    SINGAPORE (AP) -- Singapore's government on Friday declared a scholar of Chinese studies with a prestigious appointment at a local think tank persona non grata, alleging that he has been identified as an agent of influence of a foreign country.An an

    August 5, 2017 02:12 pm JST
  • Singapore's 3 major banks enjoy higher quarterly profits

    SINGAPORE -- The three top banks in Singapore posted net profit growth for the April-June quarter, driven by strength in both lending and fee income.DBS Group Holdings, the biggest player in the country, on Friday announced an 8% year-on-year profit

    August 5, 2017 02:35 am JST
  • UOL warns of risk from high Singapore land prices as Q2 net profit rises 59%

    SINGAPORE (Nikkei Markets) -- UOL Group, a large Singapore developer and hotelier, reported a 59% jump in second-quarter net profit but warned that residential land prices in the city-state may have run ahead of fundamentals and added that builders

    August 4, 2017 09:42 pm JST
  • Singapore stocks little changed while Malaysia shares post third weekly gains

    SINGAPORE (Nikkei Markets) -- Singapore stocks ended little changed this week as investors digested a mixed set of earnings. Mobile operator Axiata Group helped Malaysia shares clinch their third straight week of advance.Singapore's FTSE Straits Tim

    August 4, 2017 07:30 pm JST
  • SingPost chief 'welcomes' Amazon, other new online players

    SINGAPORE -- The newly appointed chief executive of Singapore Post, Paul Coutts, seems unfazed by Amazon Prime's entry into the city-state. He said the company "welcomes e-commerce players newly coming into the region because it develops the market

    August 4, 2017 07:07 pm JST
  • Lazada hastens expansion of Alibaba's Taobao in Southeast Asia

    HONG KONG -- E-commerce in Southeast Asia is becoming a heated battleground, with Amazon.com the latest to join the competition. China's Alibaba Group Holding has invested $2 billion for a controlling stake in e-tailer Lazada, which operates in Indo

    August 4, 2017 01:55 pm JST
  • ASEAN AT 50: Thitinan Pongsudhirak

    To survive another 50 years, ASEAN must learn from its past

    As it celebrates its golden jubilee, the Association of Southeast Asian Nations has come full circle. The daunting challenges it faced half a century ago are as durable as Southeast Asia's regional organization has been resilient.Notwithstanding occ

    August 4, 2017 10:00 am JST
  • Singapore's Hyflux bound for annual loss on soft power prices

    SINGAPORE -- Singapore's Hyflux is likely to report a loss for the year ending in December as weak power prices at home look set to dampen profitability for the rest of the year.The water treatment company on Thursday announced a net loss of 25.1 mi

    August 4, 2017 03:48 am JST
  • ASEAN shows little sign of closing ranks on North Korea

    KUALA LUMPUR -- Troubled as they are by North Korea's missile development, members of the Association of Southeast Asian Nations have hesitated to take joint action to dial up the pressure further.ASEAN foreign ministers are expected to express "gra

    August 4, 2017 02:35 am JST
  • Sembcorp profits tumble on industry downturn, market disruptions

    SINGAPORE -- Singapore's Sembcorp Industries announced a net profit of 174.3 million Singapore dollars ($128.1 million) for its first half ending in June, down 9.9% on the year. Slow demand for its core oil rig-building business due to low global oi

    August 3, 2017 10:21 pm JST
  • Nikkei Asia300 index falls as South Korean stocks drop on tax proposals

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan declined Thursday, led by South Korean shares following a proposed increase in taxes on large corporations.The Nikkei Asia 300 index lost 0.6% at 1,292.47.Nikkei's index for South Korea fel

    August 3, 2017 09:01 pm JST
  • Singapore stocks fall as StarHub drags telecom operators, Malaysia equities little changed

    SINGAPORE (Nikkei Markets) -- Singapore shares fell Thursday, led by telecommunication companies after StarHub reported a decline in second-quarter profit. Malaysia stocks were little changed.StarHub lost 1.1% to close at S$2.67 after its June quart

    August 3, 2017 08:17 pm JST
  • CapitaLand doubles profit, to be more aggressive in Singapore residential market

    SINGAPORE (Nikkei Markets) -- CapitaLand, Southeast Asia's largest developer, plans to be more aggressive in vying for residential land in Singapore as the city-state's property market revives, its group chief executive officer said on Aug. 3.Lim Mi

    August 3, 2017 06:43 pm JST
  • AMRO trying to prove itself as Asia's answer to the IMF

    BANGKOK -- AMRO, an agency established by the Association of Southeast Asian Nations, Japan, China and South Korea to monitor economies in Asia, is working to prove itself as an international research institution.The agency, whose name is short for

    August 3, 2017 06:00 pm JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK -- Shoppers in Southeast Asia have long been wondering when Amazon.com will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a

    August 3, 2017 10:00 am JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK Shoppers in Southeast Asia have long been wondering when Amazon.com will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a gi

    August 3, 2017 10:00 am JST
  • Lazada hastens expansion of Alibaba's Taobao in Southeast Asia

    HONG KONG E-commerce in Southeast Asia is becoming a heated battleground, with Amazon.com the latest to join the competition. China's Alibaba Group Holding has invested $2 billion for a controlling stake in e-tailer Lazada, which operates in six mar

    August 3, 2017 10:00 am JST