Search results

Results 121 - 140 of 3237
  • Japan, US seek partners at ASEAN forum to lean on North Korea

    MANILA -- With North Korea slated to take part in the ASEAN Regional Forum next week, Japan and the U.S. will look to coordinate with other participants to put pressure on the rogue state to halt its missile provocations.The Philippines, this year's

    August 3, 2017 07:12 am JST
  • JG Summit ventures into fintech

    MANILA -- Philippine conglomerate JG Summit Holdings and Hong Kong-based Oriente are teaming up on a financial technology venture in the Southeast Asian nation, where consumer credit remains scarce.In a stock exchange filing on Wednesday, JG Summit

    August 2, 2017 06:26 pm JST
  • Asia's 'tiger cubs' will feast on FDI in next decade: Nomura

    SINGAPORE -- India and five key Southeast Asian countries can expect a surge in foreign direct investment in the years to come, according to a new report from Nomura. India and the so-called ASEAN 5 -- Indonesia, Malaysia, Thailand, the Philippines

    August 2, 2017 12:56 am JST
  • Richard Heydarian

    Duterte's moves could hasten regional 'Pax Sinica'

    In his second State of the Nation Address on July 24, Philippine President Rodrigo Duterte zeroed in on domestic security challenges, although in his role as current chairman of the Association of Southeast Asian Nations, regional issues loom large

    August 1, 2017 01:50 pm JST
  • Philippines manufacturing PMI slows to 52.8 in July

    TOKYO -- The Nikkei Philippines Manufacturing Purchasing Managers' Index, or PMI, slowed to 52.8 in July from 53.9 in June.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."The Philippines manufactu

    August 1, 2017 09:30 am JST
  • ASEAN PMI falls to contraction in July

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to contraction for the first time this year with falls in both output and total new orders.The composite indicator of manufacturing performance fell to 49.3 in July fro

    August 1, 2017 09:30 am JST
  • Southeast Asian auto market roaring back to life

    BANGKOK/HANOI -- Southeast Asia's automobile market continues to recover well from a yearslong slump, with the Philippines and Thailand driving solid growth in an increasingly important region for carmakers.This is particularly good news for Japanes

    August 1, 2017 08:39 am JST
  • Nikkei Asia300 index gains as Chinese stocks rally on earnings optimism

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan edged higher on Monday, led by a rally in Chinese companies as investors bet on their earnings.The Nikkei Asia300 Index advanced 0.3% to 1,292.05. Suning Commerce Group jumped 10% in Shenzh

    July 31, 2017 10:15 pm JST
  • BDO Unibank reports flat first-half profit

    MANILA -- Profit at BDO Unibank, the Philippines' largest lender by assets, barely improved in the first half as costs related to the expansion of its life insurance unit tempered a rise in interest income.The bank reported 13.3 billion pesos ($263.

    July 31, 2017 09:36 pm JST
  • Philippines' environment minister says ban on open-pit mining to stay in place

    MANILA (Reuters) -- The Philippines' environment minister Roy Cimatu said at a news conference on Monday that he would not lift a ban on open-pit mining imposed in April, and that an inter-agency mining council would review how mining companies in t

    July 31, 2017 02:00 pm JST
  • ASEAN AT 50

    Southeast Asian companies find ideal partners -- each other

    JAKARTA -- With their bright red and yellow signage, the Alfamart convenience stores sprouting up in Manila and other Philippine cities are hard to miss. But what really sets them apart is their parentage: In a market dominated by Japanese brands li

    July 31, 2017 09:30 am JST
  • Multinationals in Asia

    Unilever sees growth in bottom and top of Asian economic pyramid

    TOKYO/YANGON/MUMBAI -- At a small shop tucked into a residential neighborhood of Yangon, one peculiar set of items has emerged as a hit seller among the snacks and household staples on offer: single-use pouches of Unilever shampoo, which dangle from

    July 29, 2017 02:30 pm JST
  • Aeon Financial offering tricycle loans in the Philippines

    TOKYO -- Aeon Financial Service began offering loans for buyers of motorized tricycles in the Philippines this month.The Japanese lender is partnering with Global Mobility Service, a Japanese startup. They kicked off the service in central Manila, b

    July 29, 2017 02:02 pm JST
  • ASEAN AT 50

    Toyota supply chain is Exhibit A of deepening ASEAN integration

    BANGKOK -- At Toyota Alabang, a Toyota Motor dealership in the suburbs of Manila, Neil Ramos sizes up the models on offer. Ramos, a local restaurant owner, is thinking about buying a new car to drive his 7-year-old daughter to and from school. His f

    July 29, 2017 10:37 am JST
  • Nikkei Asia300 index falls on technology stocks, almost erases weekly gains

    HONG KONG (Nikkei Markets) -- Technology stocks led Asian equities outside Japan lower on Friday, wiping off most of the accumulated gains for the week triggered by bets slowing inflation would prompt the U.S. Federal Reserve to hold back further ra

    July 28, 2017 08:52 pm JST
  • ASEAN AT 50

    In search of ASEAN 'champions'

    TOKYO -- Despite proving to be a unique and successful development model, ASEAN is lacking in the innovation department. This is how Fukunari Kimura, a professor of trade and development economics at Japan's Keio University, sees the region. He rece

    July 28, 2017 10:55 am JST
  • SM open to investing in Philippine infrastructure: President DyBuncio

    BANGKOK -- SM Investments, the Philippines' most valuable conglomerate, expects its banking and property businesses to benefit from Philippine President Rodrigo Duterte's massive infrastructure build-up. Company President Frederic DyBuncio, who is s

    July 27, 2017 10:25 am JST
  • At 50, ASEAN is reaping the rewards of economic integration

    BANGKOK The Association of Southeast Asian Nations marks its 50th anniversary on Aug. 8. Over the decades, its purpose has shifted from fighting communism to fostering economic cooperation. ASEAN's rules and infrastructure facilitate trade and help

    July 27, 2017 10:00 am JST
  • ASEAN needs more cohesion to stand on its own

    ASEAN leaderships need a moment of reflection. We are seeing strong anti-globalization sentiment and failures of multilateral arrangements in the West. This certainly dents ASEAN's drive for more openness and more integration. Even before such globa

    July 27, 2017 10:00 am JST
  • Then and now: ASEAN by the numbers

    The 10 members of the Association of Southeast Asian Nations have grown steadily richer in recent decades, with gross domestic product per capita rising eightfold between 1980 and 2016. Can the region continue its march toward prosperity?

    July 27, 2017 10:00 am JST