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  • FT Confidential Research

    Asean-5 survey shows little faith in political leaders

    Citizens across the Asean region see little cause for confidence in their governments, according to FTCR's Asean Political Sentiment Indices for the second quarter of this year.The index fell in three of the five countries surveyed, with only the Ph

    July 13, 2017 09:00 am JST
  • Manila touts economic gains in sea dispute approach

    MANILA -- President Rodrigo Duterte's government said Wednesday its approach to solve the South China Sea territorial dispute through bilateral talks with China has yielded an economic windfall for the Philippines.On July 12 last year, a United Nati

    July 13, 2017 02:59 am JST
  • Japan Tobacco offers to buy embattled Philippine rival for $890m

    MANILA -- Japan Tobacco has offered to buy beleaguered Philippine cigarette manufacturer Mighty and related assets for 45 billion pesos ($890 million), the Philippine Department of Finance said on Wednesday.The country's Bureau of Internal Revenue i

    July 12, 2017 10:31 pm JST
  • Bill Hayton

    Beijing shifts strategy in South China Sea

    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 12, 2017 08:30 pm JST
  • $400m project to bring slice of Japanese living to Manila

    MANILA -- Federal Land, Nomura Real Estate Development and Isetan Mitsukoshi Holdings are teaming up on a $400 million mixed property development that will bring a slice of Japanese living to the Philippine capital.Sunshine Fort will occupy a 15,000

    July 11, 2017 01:37 pm JST
  • FT Confidential Research

    Shine comes off Asean consumer confidence

    Political risk in Thailand and inflation concerns in Indonesia contributed to a fall in the FTCR Asean Economic Sentiment Index to 59.3 in the second quarter, from 61.9 in the first. Those worries and a dip in confidence in the Philippines were enou

    July 11, 2017 11:00 am JST
  • Growth prospects steady in Asian economies as Trump risk recedes

    Economists predict steady growth will continue in major Southeast Asian countries and India for 2017 and beyond, keeping their forecasts near the same levels as in the previous survey conducted three months ago. Concerns over protectionism and other

    July 11, 2017 07:00 am JST
  • Business services sector leads Asian growth in June PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for June showed output growth in 15 of the 19 sectors monitored.Commercial & professional services (55.8) marked the sharpest growth, followed by beverages & food (55.0) and insuran

    July 10, 2017 09:30 am JST
  • International cooperation without US has its limitations

    HAMBURG - United States President Donald Trump left midway through a Saturday morning meeting at the weekend's Group of 20 summit, leaving eldest daughter Ivanka in his stead between British Prime Minister Theresa May and Chinese President Xi Jinpin

    July 9, 2017 11:50 am JST
  • Two Southeast Asian exhibitions open in Tokyo

    TOKYO -- Two groundbreaking exhibitions of Southeast Asian art opened in the Japanese capital in early July. One tells the story of the immense changes the region has experienced over the past few decades; the other focuses on Thailand's long histor

    July 8, 2017 10:00 am JST
  • MUFG leads Japan megabanks' charge into SE Asia

    TOKYO -- Japan's three megabank groups are strengthening ties with Southeast Asian banks in an effort to broaden their customer base and expand the types of services offered.Mitsubishi UFJ Financial Group's Southeast Asian lending balance rose 9% in

    July 7, 2017 10:01 am JST
  • Neighbors back Philippines against Islamic State-linked fighters

    MANILA/SYDNEY -- Countries in the Asia-Pacific are coming to the Philippines' aid in its fight against Islamic State-linked militants in the city of Marawi, in a bid to prevent Southeast Asia from becoming the terrorist group's next stronghold as it

    July 6, 2017 10:56 am JST
  • ASEAN's manufacturing index comes in flat as demand wanes

    HONG KONG After five months of expansion, Southeast Asia's manufacturing activity turned flat in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at the boom-or-bust line of 50.Indonesia, Myanmar and Malaysia experienc

    July 6, 2017 10:00 am JST
  • US human trafficking report draws mixed reactions in Asia

    BANGKOK The annual Trafficking in Persons Report by the U.S. State Department has drawn mixed reactions in Southeast Asia, where human trafficking and forced labor have long been sensitive issues, while China bristled at the intrusion on its "intern

    July 6, 2017 10:00 am JST
  • Two Southeast Asian exhibitions open in Tokyo

    TOKYO Two groundbreaking exhibitions of Southeast Asian art opened in the Japanese capital in early July. One tells the story of the immense changes the region has experienced over the past few decades; the other focuses on Thailand's long history.

    July 6, 2017 10:00 am JST
  • ASEAN manufacturing snaps 5-month growth streak

    HONG KONG -- Southeast Asian factory activity snapped a five-month streak of expansion in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at 50 -- right on the boom-or-bust line.Indonesia, Myanmar, and Malaysia experien

    July 5, 2017 02:00 pm JST
  • Gianfranco Casati

    Digital readiness can sustain growth of 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. They have been the source of dreams dating back to Marco Polo. For every index that suggests renewed optimism

    July 5, 2017 09:00 am JST
  • Duncan McCargo

    Rebranding the Marcos legacy

    The legacy of former Philippine President Ferdinand Marcos is alive and well in his home region of Ilocos Norte at the northwestern tip of the country. Banners commemorating the centenary of his 1917 birth are festooned across the front of the provi

    July 4, 2017 04:39 pm JST
  • FT Confidential Research

    Duterte's popularity on the line in southern Philippine conflict

    An end to President Rodrigo Duterte's offensive against Islamist extremists in the southern Philippine state of Mindanao does not seem imminent more than a month into the conflict. A drawn-out war would erode support for the president.The country's

    July 4, 2017 11:00 am JST
  • New central bank boss sees threat to Philippines' best-laid plans

    MANILA -- Nestor Espenilla on Monday formally assumed the governorship of the Philippine central bank, mindful of the risk that monetary tightening in advanced economies could hamper the country's growth.Espenilla, a career central banker, last serv

    July 3, 2017 08:34 pm JST