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  • Asean's Muslim, ethnic Chinese populations act as bridge to global markets

    SINGAPORE -- Kewpie, a Japanese food maker known for its mayonnaise, has removed angel's wings from its doll logo used in Malaysia and Indonesia. The reason: out of consideration for Muslims, who shun idol worship. Meanwhile, seasonings maker Aji

    November 29, 2013 07:00 am JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 01:00 pm JST
  • Prospects dimming for key Japanese power plant in Indonesia

    TOKYO -- Japan's efforts to export its highly efficient coal-fired power generation technology has hit a snag as delays and rising costs threaten to derail a critical public-private project on Indonesia's Java island. The $4 billion project cove

    November 28, 2013 01:00 pm JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 01:00 pm JST
  • Governor of Jakarta today, president of Indonesia tomorrow?

    JAKARTA, Indonesia -- It has been a dizzying ascent for Joko Widodo, and the furniture maker-turned-governor of Jakarta appears headed for even greater political heights: the presidency. "Jokowi," as the populist leader is known, is seen as the

    November 28, 2013 12:00 am JST
  • Indonesia flexes its metals

    TOKYO -- Indonesia is becoming protective of its metal resources. In August it outlawed exports of tin ingots not traded on the country's commodity exchange. It also plans to ban exports of copper, bauxite and nickel ores. As the world's No. 2 produ

    November 28, 2013 12:00 am JST
  • Asia can withstand an early Fed taper

    The U.S. economy is holding up better than expected. Job growth has accelerated in recent months, and GDP expanded impressively in the third quarter. The Fed may thus decide to ease up on quantitative easing in the coming months. True, inflation is

    November 28, 2013 12:00 am JST
  • Resource crisis threatens Asia's rise

    Asian economies facing a domestic resource crunch are being forced increasingly to rely on imported mineral ores, timber and fossil fuels, bringing international supplies under pressure and triggering price volatility. Yet Asia, paradoxically, is th

    November 28, 2013 12:00 am JST
  • Indonesia: a cigarette maker's paradise

    JAKARTA -- Philip Morris International, the U.S.-based cigarette giant, and other big tobacco companies have found a home in Indonesia. Southeast Asia's most populous nation is not only filled with smokers but is swimming against the global anti-smo

    November 26, 2013 01:00 pm JST
  • FamilyMart redoubles push into China

    TOKYO (Nikkei) -- Japanese convenience store operator FamilyMart plans to open 340 branches in China next year, up 140% from this year's plan, as it expects to turn a profit there for the first time ever in the July-December half. The company en

    November 23, 2013 12:59 am JST
  • Nippon Express sees big business potential in halal logistics

    TOKYO -- Nippon Express wants to enter the business of delivering halal products for Muslim customers. It starts in Malaysia, but the Japanese delivery company hopes to turn this project into a global enterprise. Halal rules do not cover just fo

    November 22, 2013 01:00 pm JST
  • Southeast Asian currencies fall on fresh tapering concern

    TOKYO (Nikkei) -- Indonesian and Thai currencies took a beating Thursday on signs that the U.S. may scale back its quantitative easing program "in coming months." On Thursday, Indonesia's rupiah dropped to the lowest level since March 2009 again

    November 21, 2013 11:19 pm JST
  • Asean investment a priority for Daiwa House

    OSAKA (Nikkei) -- Daiwa House Industry will invest heavily in emerging markets of Asia as part of a broader push to boost overseas sales 40% by fiscal 2015. In Japan, the housing market has benefited from a rush of purchases ahead of next April'

    November 21, 2013 10:23 pm JST
  • LNG demand turning Southeast Asian producers into importers

    As economic growth continues to stimulate demand, some natural gas producing countries in Southeast Asia have started importing liquefied natural gas.The Nikkei Business Daily recently caught up with gas market expert Ichiro Kutani at the Institute

    November 21, 2013 01:00 pm JST
  • Japanese trading houses adding factory rentals in SE Asia

    TOKYO (Nikkei) -- Japanese trading companies are expanding the amount of factory space available for rent in Southeast Asia, anticipating demand from small and midsize businesses eager to set up shop there. Major automakers such as Suzuki Motor

    November 21, 2013 07:00 am JST
  • Emerging nations' forex forecast: chance of a storm

    TOKYO (Nikkei) -- The possibility that the U.S. will dial down its quantitative easing continues to stir fears of currency turmoil in emerging economies. The prospect of Uncle Sam's taper is also underpinning expectations for further yen depreciatio

    November 21, 2013 12:00 am JST
  • Asean's profit-growth kings: Resource boom trickles down to retail

    TOKYO -- For companies operating in Southeast Asia, now is an excellent time to be involved in infrastructure and natural resources. Being a retailer does not hurt, either, thanks to surging domestic demand across the region.These sectors dominated

    November 21, 2013 12:00 am JST
  • Ranking Asean's fastest growing companies: Resource boom trickles down to retail

    TOKYO (Nikkei) -- For companies operating in Southeast Asia, now is an excellent time to be involved in infrastructure and natural resources. Being a retailer does not hurt, either, thanks to surging domestic demand across the region.These sectors

    November 21, 2013 12:00 am JST
  • Indonesian rupiah hits lowest level in 4 years, 8 months amid slower growth

    SINGAPORE -- The Indonesian rupiah has been weak, hitting 11,670 against the dollar on Nov. 13. It fell below the level logged at the end of September and hit its lowest point in about four years and eight months. After the U.S. Federal Reserve

    November 20, 2013 01:00 pm JST
  • Suzuki to roll out 30 new cars in emerging markets

    TOKYO (Nikkei) --Suzuki Motor will release 30 new vehicles in emerging markets through 2017, 50% more than the preceding five years, as it works to rev up sales in fast-growing economies. The Japanese automaker will revamp its design and develop

    November 19, 2013 10:36 pm JST