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  • Asia's growth model needs a makeover

    The year is still young but the downside risks to economic growth in Asia are building, as evident in slowing growth in China, continued political unrest in Thailand and concerns about upcoming national elections in India. These phenomena, however,

    April 3, 2014 12:00 am JST
  • Japanese insurers finding their way in the rest of Asia

    HANOI/JAKARTA -- Japan's big insurers expect demand to increase in India, Indonesia and other emerging Asian economies as populations grow more wealthy. They also hope to capture bigger slices of these markets, either by relying on their Japan-t

    April 3, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Tencent's Ma looks for online domination

    GUANGZHOU, China -- Ma Huateng has the fear for all the right reasons. The CEO of Tencent Holdings said last November, "Our stock price is so high that it frightens me." Tencent's stock price in October temporarily reached a level 80% higher th

    April 3, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Gou goes away from China to spur growth

    TAIPEI -- Taiwan's Terry Gou, chairman of Hon Hai Precision Industry, the world's largest electronic manufacturing service provider, has expressed his support for U.S. President Barack Obama's advanced-manufacturing initiative. He announced plans la

    April 3, 2014 12:00 am JST
  • Investors wary of drift toward economic nationalism

    Indonesian politics in the lead-up to the country's April 9 legislative elections has come to hinge largely on the impact of one man: Jakarta Gov. Joko "Jokowi" Widodo. Joko's presence has changed internal power dynamics and could propel his Ind

    April 3, 2014 12:00 am JST
  • Hopeful Indonesians go loco for Joko

    JAKARTA -- Indonesia's 175 million voters head to the polls April 9 in an election that seems likely to set the stage for Joko Widodo, a former furniture salesman, to become the second directly-elected president of Southeast Asia's largest economy.

    April 3, 2014 12:00 am JST
  • University challenge

    Competition for status and students among higher education institutions is intensifying worldwide. The Great Recession, and the global financial crisis it triggered, are behind that. Those with better qualifications stand a better chance of getting

    April 3, 2014 12:00 am JST
  • Asia's prep-school fever

    TOKYO -- Asians are more enthusiastic than ever about education. That explains why boarding schools in the U.S. and Europe are admitting more students from Asia than ever before. It also explains the motivation behind some efforts in Asia to start p

    April 3, 2014 12:00 am JST
  • Japan to help Southeast Asian nations hone business laws

    TOKYO -- Japan's government is offering to help Southeast Asian countries develop business-related laws and bolster enforcement. With Japanese companies increasingly keen to explore the region, Tokyo aims to improve the investment environment. I

    April 2, 2014 02:00 pm JST
  • Asia's economic rise changing world order

    BANGKOK -- Asia's increasing economic clout -- backed by population growth and a burgeoning middle class -- is forcing changes to the Western-led global corporate order. Late last year, the mayor of a city in suburban Belgrade, Serbia, gave an

    April 2, 2014 01:00 pm JST
  • Cashless microtransactions for 'unbanked' Asean

    SINGAPORE -- Talk of a cashless society may seem premature for much of Asia, where millions have yet to open their first bank account. But one Singaporean startup sees digital payments as a viable alternative. Numoni, founded two years ago by fo

    April 1, 2014 07:00 pm JST
  • Mitsubishi Motors' Philippine plant buy highlights Asia push

    TOKYO -- Mitsubishi Motors is working to strengthen its market position in Southeast Asia by increasing production in Thailand, Indonesia and the Philippines. The Japanese automaker is getting back on its feet after a difficult few years. Having

    April 1, 2014 07:00 pm JST
  • Japanese condiment maker whips up halal mayo to aid Asian expansion

    TOKYO -- Kenko Mayonnaise is on a mission to whet Asian appetites for its eponymous condiment. As part of this effort, the major Japanese supplier of business-use mayonnaise has adapted to Islamic dietary rules to broaden its customer base. Last

    April 1, 2014 01:00 pm JST
  • Southeast Asia's 2-speed auto industry leaves some behind

    In central Vietnam, the steel skeleton of what was supposed to have been the country's first engine factory stands forlorn on an empty lot in the Chu Lai economic zone. Hyundai Motor of South Korea told local partner Truong Hai Auto in January t

    April 1, 2014 04:20 am JST
  • Japanese insurers advance into Asia

    HANOI/JAKARTA -- Major Japanese insurance companies are heading into other Asian countries. They are marketing their life insurance products to try to exploit potential demand. The life and nonlife insurance companies expect demand to grow in In

    March 30, 2014 01:00 pm JST
  • Haier to sell high-end Aqua appliances in Southeast Asia

    OSAKA -- China's Haier Group plans to take the Aqua brand inherited from Sanyo Electric on the road to Southeast Asia, using the brand to cultivate business among the region's well-to-do consumers looking for high-quality white goods. The Chines

    March 29, 2014 02:49 am JST
  • Is Indonesia about to shed the 'fragile five' label?

    JAKARTA -- Indonesia is gearing up for a presidential election in July, and investors are betting on an economic resurgence. The Jakarta Composite Index has jumped more than 10% since the end of last year, making it one of the world's best-performin

    March 28, 2014 07:00 pm JST
  • IHI to speed boiler parts production in Indonesia

    TOKYO -- Japanese heavy machinery maker IHI this year plans to upgrade a production line in Indonesia that fabricates boiler tube panels for coal-fired power plants, streamlining manufacturing to shorten delivery times to 60 days from around 100 now

    March 28, 2014 03:19 am JST
  • Indonesia to hike tax on luxury cars to 125%

    JAKARTA -- Indonesia will increase the luxury tax on some high-end cars to 125% from 75% from next month, aiming to narrow its trade deficit by slowing imports and curbing spending by the wealthy, but the actual effects may be limited because it app

    March 28, 2014 01:38 am JST
  • Japanese lenders to fund Indonesian geothermal energy project

    TOKYO -- Japanese banks and other lenders plan to supply a $1.17 billion syndicated loan to a geothermal power project in Indonesia involving Kyushu Electric Power and trading house Itochu. By providing funds, the banks will help support an over

    March 28, 2014 01:30 am JST