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  • ASIA'S NEXT VANGUARD 2014: Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, commands the economy with a cool head. Temasek has Singapore Telecommunications and other leading companies in its portfolio. It has be

    February 27, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Suh naturally looks to China

    SEOUL -- Suh Kyung-bae has his eyes on China. The chairman of AmorePacific, South Korea's leading cosmetics maker, is looking to capitalize on the popularity of his country in the neighboring nation. AmorePacific has enjoyed steady growth in ove

    February 27, 2014 12:00 am JST
  • Philippine new-car sales set to spike; Japanese automakers ready to pounce

    MANILA -- The Philippine government next month is expected to unveil measures to promote the growth of the country's auto industry, and subsidies will likely serve as the main course. Already salivating, Japanese carmakers are gearing up to boos

    February 26, 2014 07:00 pm JST
  • Philippine bank BDO joins forces with Nomura

    MANILA -- BDO Unibank, the Philippines' largest lender, and Japanese securities giant Nomura Holdings have partnered to expand the product offerings of both. BDO has signed an agreement with Nomura "to explore potential areas of cooperation betw

    February 25, 2014 11:03 pm JST
  • Top Asean economies log $1.17 trillion consumer spending in 2013

    SINGAPORE -- Consumer spending in the five major Southeast Asian countries -- Indonesia, Thailand, the Philippines, Malaysia and Singapore -- continues to expand. It reached around $1.17 trillion in 2013, 1.6% higher than a year ago. The figure,

    February 23, 2014 02:00 am JST
  • ASIA'S NEXT VANGUARD 2014:Philippines hopes Pangilinan can make a pipeline for peace

    MANILA -- Does Manuel Pangilinan hold the key to solving a territorial dispute between the Philippines and China? The government in Manila thinks so. Politicians in the Philippines are looking to Pangilinan, chairman of Philex Mining, for advice

    February 20, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014:Kochhar duets with India's rock star central banker

    MUMBAI -- Chanda Kochhar's ICICI Bank is at the forefront of Indian financial reform. The 52-year-old CEO of ICICI, India's largest private bank, joined management in the early 2000s. Since becoming CEO in 2009, she has led the bank's expansion.

    February 20, 2014 12:00 am JST
  • China, India next targets for IHH Healthcare

    TOKYO -- IHH Healthcare is looking to bolster its presence in China, India and Japan. It has already built a network that spans Southeast Asia and has a small presence in Europe and the Middle East. The Malaysian health-care service provider, w

    February 20, 2014 12:00 am JST
  • Mindanao gets down to business as peace dawns

    MANILA -- The Philippine island of Mindanao appears to be leaving decades of violence behind, opening up new business prospects. The island has been mired in conflict since the 1970s, pitting Islamic separatist insurgents against the Christian p

    February 20, 2014 12:00 am JST
  • Toyo Construction sets up beachhead in Myanmar

    TOKYO -- Marine civil engineering firm Toyo Construction has launched a business office in Myanmar, a step to expand its presence in Southeast Asia, where construction of harbor facilities is expected to pick up. The Tokyo-headquartered firm alr

    February 19, 2014 02:06 am JST
  • Shopping mall opens door for Philippine winter Olympians

    MANILA -- A Filipino teen who started out training at a mall made history Friday by becoming the first Southeast Asian finalist in figure skating at the Winter Olympics in Sochi. Michael Christian Martinez, 17, wowed the international audience a

    February 17, 2014 01:00 pm JST
  • Mizuho Asean fund makes first investments

    TOKYO -- A Mizuho Bank fund that assists Japanese companies eyeing Southeast Asian expansion has made its first investments for a total of $32 million. Many Japanese banks have set up investment funds. But their activities are usually domestic,

    February 17, 2014 04:17 am JST
  • Crazy weather disrupting economic activity worldwide

    LONDON -- A merciless cold snap gripping the U.S., blizzards burying Japan, record rainfall inundating the U.K., and droughts searing South America. Abnormal weather patterns are wreaking havoc across the world, and while the impact on production is

    February 15, 2014 06:33 am JST
  • China's cancer rates exploding

    DALIAN, China -- China could see 1 million new cases of lung cancer each year by 2025, according to a report from the World Health Organization citing the country's high smoking rate and poor air quality. According to the World Cancer Report rel

    February 13, 2014 02:00 pm JST
  • Asia-Pacific to be biggest aircraft market by 2032: Airbus

    PARIS -- The Asia-Pacific region will be the world's largest aircraft market by 2032, Airbus said in a report released Thursday. The European aircraft maker said airlines in the region will likely require a total of 10,940 new planes over the tw

    February 13, 2014 01:00 pm JST
  • ASIA'S NEXT VANGUARD 2014: Vietnam's Vuong aims to fight back

    HANOI -- Pham Nhat Vuong has found strength in adversity. Vingroup, a major Vietnamese property developer, on Christmas Eve opened a shopping and entertainment complex, named Vincom Mega Mall Times City, in Hanoi. The facilities were swamped wit

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Tang adds zest to infrastructure market

    SINGAPORE -- Tang Kin Fei has a rare trait for a Singaporean businessman: loyalty. The president of Singapore's leading government-affiliated conglomerate, Sembcorp Industries, is one of the few executives in the city-state who has stuck with th

    February 13, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Sugiarto sees life beyond cars

    JAKARTA--Prijono Sugiarto must diversify income streams this year as president director of Astra International. One of Indonesia's largest conglomerates, Astra assembles and sells vehicles in collaboration with Japanese automakers Toyota Motor a

    February 13, 2014 12:00 am JST
  • Global copper shortage expected to last through summer

    TOKYO -- Copper is expected to remain in short supply globally until this summer, despite there being a surplus of copper ore, according to industry officials. A lack of refining capacity will likely cause a rise in copper metal prices. Copper i

    February 13, 2014 12:00 am JST
  • As peace dawns, Mindanao begins to get down to business

    MANILA -- The Philippine island of Mindanao appears to be leaving decades of violence behind, opening up new business prospects. The island has been mired in conflict since the 1970s, pitting Islamic separatist insurgents against the Christian p

    February 12, 2014 01:00 pm JST