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  • Duterte scales down drug war after ratings dip

    MANILA -- President Rodrigo Duterte has moved to scale down his controversial war on illegal drugs following a sharp drop in public support.The Philippine Drug Enforcement Agency will lead anti-drug operations instead of the Philippine National Poli

    October 13, 2017 07:27 pm JST
  • Anthony Couse

    Green office blocks secure better tenants

    Singapore's Asia Square Tower 2 made headlines last month when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qatar

    October 13, 2017 03:00 pm JST
  • ASEAN renews currency swap deal to provide $2bn support: Malaysia central bank

    KUALA LUMPUR (Reuters) -- The Association of Southeast Asian Nations (ASEAN) has agreed to renew a currency swap deal for two more years from Nov. 17, providing a total of $2 billion in financial support, the Malaysian central bank said on Friday. T

    October 13, 2017 02:08 pm JST
  • Foreign investors grow wary of committing to Philippines

    MANILA -- Foreign investors are increasingly watchful over the investment climate in the Philippines, as the latest foreign direct investment figures announced this week showed inflows had reached a 13-month low. Some businessmen have flagged the co

    October 12, 2017 09:41 pm JST
  • Southeast Asian countries launch trilateral air patrols

    KUALA LUMPUR -- Three Southeast Asian countries on Thursday launched trilateral air patrols and intelligence sharing, aiming to keep a lid on Islamist militancy in the region.The move follows joint sea patrols that began in June in the Sulu Sea off

    October 12, 2017 09:08 pm JST
  • Taiwanese companies fuel gains in Nikkei Asia300 Index

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, helped by a rally in Taiwanese companies and overnight gains on Wall Street.The Nikkei Asia300 Index rose 0.7% to 1,345.96.All the three major U.S. indexes climbed to records on Wedne

    October 12, 2017 08:44 pm JST
  • Nouriel Roubini

    Three scenarios for the global economy

    For the last few years, the global economy has been oscillating between periods of acceleration (when growth is positive and strengthening) and periods of deceleration (when growth is positive but weakening). After over a year of acceleration, is th

    October 12, 2017 01:00 pm JST
  • A manufacturing uptick can't pierce South Korea's gloom

    HONG KONG Despite escalating threats from its northern neighbor, South Korea saw its manufacturing condition pick up on stronger domestic demand and output last month. But analysts remain cautious about the country's economic outlook as the ongoing

    October 12, 2017 10:00 am JST
  • Richard Heydarian: Fading criticism allows Duterte to continue his violent drug war

    Since he took office on June 30, 2016, Philippine President Rodrigo Duterte has waged a brutal campaign against illegal drugs without facing any significant resistance. The result was what one watchdog group dubbed a "human rights calamity" as polic

    October 12, 2017 10:00 am JST
  • Nikkei Asia300 Index advances as Samsung extends gains

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, as heavyweight Samsung Electronics extended gains ahead of its preliminary third-quarter earnings.The Nikkei Asia300 Index rose 0.7% to 1,337.13.Asian equities also got a boost from

    October 11, 2017 08:28 pm JST
  • Philippine conglomerate pitches monorail in congested Manila

    MANILA -- Philippine conglomerate Alliance Global Group said Wednesday it wants to build a monorail that will link a township project to one of Metro Manila's busiest train lines.Alliance Global told the local stock exchange it submitted an unsolici

    October 11, 2017 07:52 pm JST
  • Bilahari Kausikan

    Growing complexities threaten ASEAN consensus politics

    Within the Association of Southeast Asian Nations, "centrality" is a defining concept -- an implied vision of regional order in which the collective interest of member states comes first -- or at least is not disregarded"ASEAN centrality" is not a m

    October 11, 2017 03:00 pm JST
  • Ride-hailing apps a boon for Asia's motorcycle taxis

    Mobile ride-hailing apps are fast finding a place in Asia's taxi industry via motorcycles and motorized tricycles, typically cheaper alternatives to autos.The trend is being helped along by the increasing ubiquity of smartphones and improved wireles

    October 11, 2017 01:00 pm JST
  • ASEAN5 outlook up as export-led growth continues

    Economists have revised their 2017 growth forecasts upward for major Southeast Asian countries, reflecting stronger-than-expected exports of electronic goods and spillover effects on domestic economies. The Indian economy is expected to slow down th

    October 11, 2017 07:00 am JST
  • Philippines' Family Mart says mulling options amid reported sale plan

    MANILA -- Local owners of Family Mart are not ruling out a possible sale of the chain of convenience stores as the market remains crowded and competitive. Family Mart's entry into the Philippine market in 2013 was met with intense competition with e

    October 10, 2017 07:12 pm JST
  • Duterte creates Overseas Filipino Bank

    MANILA -- Philippines President Rodrigo Duterte has ordered the creation of a bank dedicated to servicing the financial needs of some 10.24 million Filipinos working overseas, it was announced on Monday.In late September, Duterte signed an executive

    October 10, 2017 05:54 pm JST
  • South Korea's gloom prevails despite manufacturing upturn

    HONG KONG -- Despite escalating threats from its northern neighbor, South Korea saw its manufacturing condition pick up on stronger domestic demand and output last month. But analysts remain cautious about the country's economic outlook as the ongoi

    October 10, 2017 11:05 am JST
  • FT Confidential Research

    Electric vehicle race is on in Southeast Asia

    Thailand is leading other Southeast Asian countries in providing incentives for consumers and investors to boost its domestic electric vehicle industry.Malaysia is dealing with Chinese manufacturers to speed up the adoption of battery-only electric

    October 10, 2017 11:00 am JST
  • Japan's elder care schools struggle with new visa rules

    TOKYO -- The makeup of the classroom at Japan Welfare Education College in Tokyo has changed dramatically in just a couple of years.In over 30 years of operating, barely a single international student walked through the door. This year, nearly one i

    October 10, 2017 12:23 am JST
  • Philippines apologizes to China for mistakenly using Taiwan logo

    MANILA -- The Philippines' Department of National Defense has apologized to China for mistakenly using the logo of Taiwan's defense ministry for an event acknowledging Beijing's donation of 3,000 rifles and 3 million rounds of ammunition.The wrong l

    October 9, 2017 08:09 pm JST