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  • Asian millennials are booking their own adventures

    BANGKOK What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted to

    July 20, 2017 10:00 am JST
  • Fintech factor key to Southeast Asian banks' growth

    BANGKOK Southeast Asia's banking industry must embrace the digital revolution, including the rise of fintech, to seize opportunities to cater to the region's growing middle class, business leaders said at a panel session of the forum.One of the keys

    July 20, 2017 10:00 am JST
  • Asia a bright spot in an uncertain world, say ASEAN business leaders

    BANGKOK Growing protectionist sentiment in the West and a volatile security situation in the Middle East have made Asia into a relative bright spot in an otherwise bleak global environment, according to participants at a business forum in the Thai c

    July 20, 2017 10:00 am JST
  • Bill Hayton: Beijing takes South China Sea ruling seriously

    One year ago, China suffered a massive legal defeat when an international tribunal based in The Hague ruled that the vast majority of Beijing's extensive claims to maritime rights and resources in the South China Sea were not compatible with interna

    July 20, 2017 10:00 am JST
  • Race to the bottom for region's sand miners

    JAKARTA -- As Asia's economies grow and its cities modernize, the region's voracious appetite for construction materials has driven demand for sand -- alongside illegal trade of the commodity -- to unprecedented levels. With rapid urbanization and i

    July 19, 2017 07:04 pm JST
  • Duterte wants Congress to extend martial law in Mindanao

    MANILA -- President Rodrigo Duterte is seeking congressional approval to extend martial law in Mindanao through the end of this year, saying he needs more time to quash a "rebellion" in the country's south.Presidential spokesman Ernesto Abella said

    July 19, 2017 01:42 am JST
  • Blasted by Duterte, Philippine Daily Inquirer owners opt to sell

    MANILA -- The owners of the Philippine Daily Inquirer are poised to sell the widely read newspaper to billionaire Ramon Ang, following relentless verbal attacks by President Rodrigo Duterte.Ang, the president of diversified conglomerate San Miguel,

    July 18, 2017 09:08 pm JST
  • One year on, Beijing steps up military drive in South China Sea

    MANILA/BEIJING -- A year after China brushed off an international arbitration court's ruling that rejected its claim of sovereignty over a huge swath of the South China Sea, the country remains determined on populating the disputed area with militar

    July 18, 2017 07:02 pm JST
  • Duterte seeks to extend martial law in south Philippines to Dec. 31

    MANILA (Kyodo) -- Philippine President Rodrigo Duterte has requested Congress to extend martial law in the country's south until Dec. 31, his spokesman said Tuesday, amid continued fighting between government troops and Islamic State-linked militant

    July 18, 2017 02:03 pm JST
  • Mitsui Fudosan enters Philippine property market

    MANILA -- Japanese property giant Mitsui Fudosan and Rockwell Land, a local mid-size real estate developer, are partnering on a condominium project in the Philippines.Mitsui Fudosan, which is entering the Philippine real estate sector for the first

    July 17, 2017 10:38 pm JST
  • Tokyo Gas to ferry LNG to remote islands in Southeast Asia

    TOKYO -- Tokyo Gas is starting a project to efficiently deliver liquefied natural gas to Southeast Asian nations home to many far-flung islands.In energy-hungry Southeast Asia, a number of plans are underway to construct large LNG receiving terminal

    July 17, 2017 03:50 am JST
  • Soccer balls a tool in Philippine fight against Islamists

    KUALA LUMPUR -- As a member of the Philippine national soccer team, Simon Greatwich has played all over Asia, but perhaps his toughest away trip came in April.It involved an eight-hour boat journey to Sulu, an island in the far southwest of the Phil

    July 16, 2017 03:55 pm JST
  • Richard Heydarian

    Duterte in strategic sweet spot after year in power

    Philippine President Rodrigo Duterte has entered his second year in office in an unrivaled position of power. After a hectic diplomatic schedule, visiting 17 countries in less than a year, Duterte has also managed to establish new strategic partners

    July 16, 2017 12:00 pm JST
  • Philippines, Pakistan help motorcycle makers avoid the skids

    TOKYO/MANILA -- The Philippines and Pakistan have become bright spots in Asia's motorcycle market, helping to offset slowdowns in other key countries.Despite a population of 100 million, the Philippines' motorbike market is less than half that of Vi

    July 14, 2017 02:15 pm JST
  • IMF: ASEAN incentives risk 'race to the bottom' on tax revenue

    JAKARTA -- Competition among Southeast Asian countries to attract foreign investment through tax exemptions and incentives has proven "damaging" to their national revenues, the International Monetary Fund says.Sluggish global growth and this investm

    July 14, 2017 10:58 am JST
  • San Miguel swallows Australian bottler Barossa

    MANILA -- Philippine conglomerate San Miguel, best known for its eponymous beer, has acquired a wine bottler in Australia, expanding its packaging business in Oceania.In a statement on Thursday, the company said its San Miguel Yamamura Australasia u

    July 13, 2017 08:12 pm JST
  • Duterte's choice for new central bank chief calms markets

    MANILA Philippine markets heaved a sigh of relief when President Rodrigo Duterte announced that his choice for the country's next central bank chief would be a veteran technocrat known for not sparing the rod with wayward banks.Nestor Espenilla's ap

    July 13, 2017 10:00 am JST
  • Philippines' ex-central bank head issues caution for future

    MANILA The Philippine central bank must address policy uncertainty and cybersecurity risks if it is to maintain economic growth and stability under its new chief, says former Bangko Sentral ng Pilipinas Gov. Amando Tetangco.Tetangco, who stepped dow

    July 13, 2017 10:00 am JST
  • Gianfranco Casati: Digital readiness can make all the difference for emerging Asia

    Forecasting the success or failure of emerging markets is a tricky game. Attempts have seen the creation of acronyms like BRICs and MINTs, and such markets have been the source of dreams dating back to Marco Polo. For every index that suggests renew

    July 13, 2017 10:00 am JST
  • Richard Heydarian: Mindanao crisis stops Duterte from cutting the US cord

    Now in his second year in office, Philippine President Rodrigo Duterte is confronting his greatest political challenge. For the past month and a half, a legion of Islamic State-affiliated fighters, under the command of the Maute group, have stubborn

    July 13, 2017 10:00 am JST