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  • ASEAN AT 50: Nicholas Farrelly

    Time for idealism is over in ASEAN

    The Association of Southeast Asian Nations will celebrate its 50th birthday in August with much backslapping and bonhomie. In recent decades, its 10 members have prospered, leaving behind the dark shadow of the Cold War when battles raged on almost

    August 10, 2017 10:00 am JST
  • Philippines' SM finding malls more attractive than banks

    MANILA -- SM Investments, the Philippines' most valuable conglomerate, on Wednesday said half-yearly net income increased by 9% to 16.6 billion pesos ($328.2 million), after sustained growth in the real estate business countered slowdown in the bank

    August 9, 2017 09:32 pm JST
  • China, at its own pace, sails ASEAN toward a maritime dispute code

    MANILA -- For 15 years, China has largely dictated the pace of its negotiations with the Association of Southeast Asian Nations on a code of conduct for the disputed South China Sea. With an agreement now reached, Beijing still has the upper hand on

    August 9, 2017 11:30 am JST
  • ASEAN AT 50: Frederic Neumann

    At 50, ASEAN is still punching below its weight

    It is easy to dismiss the Association of Southeast Asian Nations as another international talking shop. But that would be a mistake. Over the last five decades, the organization has brought stability to a region all too often riven by tension and st

    August 9, 2017 10:00 am JST
  • ASEAN forum rebukes Pyongyang over missile, nuclear programs

    MANILA -- Foreign ministers attending a regional forum hosted by the Association of Southeast Asian Nations expressed "grave concern" over North Korea's nuclear and missile development, the chairman's statement released Tuesday shows.A similar state

    August 9, 2017 06:55 am JST
  • Bangladesh power giant wants $1bn to fund expansion drive

    SINGAPORE -- Bangladesh's largest conglomerate, Summit Group, wants to raise at least a billion dollars on the international capital markets over the next two to four years to fund the expansion of its power business at home and abroad. Central to t

    August 9, 2017 12:11 am JST
  • ASEAN AT 50

    Ever-adaptable ASEAN confronts new tests

    BANGKOK -- On Aug. 9, 1967, The New York Times reported the signing of the Bangkok Declaration to inaugurate the Association of Southeast Asian Nations. The brief, 80-word article on the declaration -- inked the previous day by five founding foreign

    August 8, 2017 04:06 pm JST
  • ASEAN AT 50: Mahathir bin Mohamad

    ASEAN is more than it may seem

    The world widely assumed that the Association of Southeast Asian Nations was an economic community like the European Economic Community when it came into being. It may look as if it is a regional economic grouping. But that was not the purpose behin

    August 8, 2017 10:00 am JST
  • Beijing taking charge in debate on South China Sea

    MANILA -- China continues to accuse nations such as Japan and the U.S. that have criticized its military buildup in the South China Sea of meddling in regional affairs -- and it can now cite a pact with Southeast Asia's regional bloc as evidence tha

    August 8, 2017 05:13 am JST
  • US, Japan, Australia urge ASEAN to 'maximize pressure' on North Korea

    MANILA -- U.S., Japan and Australia on Monday urged the Association of Southeast Asian Nations to exert more pressure on North Korea over its nuclear ambitions and to make sure a planned code of conduct for maritime disputes is legally binding.In a

    August 8, 2017 12:11 am JST
  • ASEAN, Japan, China, South Korea agree to bolster financial cooperation

    MANILA (Kyodo) -- Foreign ministers from the 10 Association of Southeast Asian Nations members plus Japan, China and South Korea agreed Monday they will bolster financial cooperation to promote economic stability in the region.This year marks the 20

    August 7, 2017 03:23 pm JST
  • ASEAN AT 50: William Pesek

    ASEAN's awkward midlife crisis

    Trouble is brewing in the ranks of the Association of Southeast Asian Nations as Asia's only real economic grouping turns 50. Its midlife crisis will be hidden from view come November, when leaders of the 10 nations gather in Manila. There, they wil

    August 7, 2017 10:00 am JST
  • Chemicals sector grows fastest in July's Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for July showed output growth in 15 of the 19 sectors monitored.Chemicals (54.7) marked the sharpest growth, followed by healthcare services (54.0) and beverages and food (53.8).On

    August 7, 2017 09:30 am JST
  • China looms ever larger over ASEAN as US steps back

    The Association of Southeast Asian Nations, which turns 50 on Tuesday, has seen its fair share of geopolitical changes, but the uncertainties of U.S. foreign policy under President Donald Trump make Chinese influence over the region more pervasive.A

    August 7, 2017 04:26 am JST
  • ASEAN alarmed by China's militarized South China Sea islands

    MANILA -- Southeast Asian countries have expressed concern over China's militarized artificial islands in the South China Sea but have reserved their opinions on whether a code of conduct for the disputed waters should be legally binding.Foreign min

    August 7, 2017 01:42 am JST
  • Beijing sets conditions for new South China Sea code of conduct

    MANILA -- The Association of Southeast Asian Nations and China may start actual negotiations in November on a code of conduct to help resolve complex territorial disputes in the South China Sea -- provided that the situation is calm and "outside par

    August 7, 2017 12:52 am JST
  • Japan's new foreign minister tackles North Korea issue on int'l debut

    MANILA (Kyodo) -- Japan's new Foreign Minister Taro Kono agreed Sunday with his regional counterparts to put more pressure on North Korea to abandon its nuclear and missile ambitions as he made his international debut in Manila.After arriving in the

    August 6, 2017 10:37 pm JST
  • Beijing counsels caution to North Korea, endorses tough UN sanctions

    MANILA -- China on Sunday counselled its belligerent ally North Korea to cease long-range missile launches and nuclear testing after endorsing a United Nations' resolution for tougher sanctions on Pyongyang the previous day.Foreign Minister Wang Yi

    August 6, 2017 09:01 pm JST
  • Established world order under threat as authoritarianism creeps in

    TOKYO -- Human relationships tend to be either friendships bound by a common values, or calculated and driven by practical benefits. One might be stronger than the other, but both are necessary. The same goes for country-to-country relations.As the

    August 6, 2017 07:47 pm JST
  • Manila's central bankers thread needle between growth, inflation

    MANILA -- Amando Tetangco completed two terms as the Philippines' top central banker. He served three presidents. And he navigated myriad challenges and crises with aplomb.Now, his successor is tasked with picking up where he left off. In his years

    August 6, 2017 05:06 pm JST