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  • Interview

    Indonesian energy conglomerate looks abroad for power-plant expansion

    TOKYO -- Major Indonesian coal miner Adaro Energy, which in recent years has entered the power-plant business at home, is looking to build power plants in neighboring countries in Southeast Asia.President and Chief Executive Garibaldi Thohir said th

    November 8, 2017 01:30 pm JST
  • Global Management Forum

    Indonesia's Adaro Energy willing to further diversify

    TOKYO -- Indonesia's Adaro Energy, which has expanded rapidly in the last decade from a coal miner to a diversified energy firm, is willing to add more businesses to its portfolio in order to survive in a rapidly changing and increasingly competitiv

    November 7, 2017 07:25 pm JST
  • Munir Majid

    Southeast Asia does not need Trump's rhetoric

    The phrase "boots on the ground," often used by American leaders to describe the importance of deploying actual soldiers to support U.S. interests, represented a military commitment and actual physical presence.As he tours Asia, U.S. President Donal

    November 7, 2017 07:00 am JST
  • Tightfisted consumers are squeezing Indonesia's economy

    JAKARTA -- Low inflation, interest rates cuts and cheaper fuel have not been enough to excite Indonesian shoppers, as weak household consumption continued to weigh on Indonesia's economic growth in the third quarter.The country's gross domestic prod

    November 6, 2017 06:42 pm JST
  • Philippines' Metro Pacific expanding into Indonesia

    MANILA -- Philippine infrastructure conglomerate Metro Pacific Investments is expanding into Indonesia, the home turf of its principal shareholder, Salim Group.Metro Pacific told the Philippine Stock Exchange on Monday that a unit of its tollway arm

    November 6, 2017 02:28 pm JST
  • Indonesia 3Q GDP grows 5.06% but falls short of expectation

    JAKARTA -- Indonesia's central statistics agency on Monday announced that gross domestic product for the July-September quarter had grown by 5.06% from a year earlier, as solid increases in exports and investment helped cushion continued weak househ

    November 6, 2017 02:26 pm JST
  • Interview

    Asian farmers can't meet rising food demand: Rabobank

    HONG KONG -- Asians may be getting wealthier, but their money may not be able to buy them all the food they need, as the region faces a lack of arable land and low agricultural productivity, according to Dutch cooperative lender Rabobank."Although t

    November 5, 2017 04:01 pm JST
  • They arrived in Southeast Asia, built fortunes and kept secrets

    It was during the 15th and 16th centuries that men from China's Fujian and Guangdong regions emigrated to a new world opening up along the Strait of Malacca. Some dreamed of striking it rich as traders. Others were merely looking to escape poverty o

    November 4, 2017 11:00 am JST
  • Tech meets tradition in a new wave of Islamic finance

    JAKARTA/SINGAPORE Early one August morning, before the heat became unbearable, several dozen people gathered in a courtyard in the Indonesian village of Kasaman, not far from Jakarta. They were there to repay debts -- and simply to be seen."Everyone

    November 2, 2017 10:00 am JST
  • ASEAN manufacturing PMI inches up in October

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, edged up slightly in October, signalling a mild improvement in the health of the sector.The composite indicator of manufacturing performance stood at 50.4 in October, up sli

    November 2, 2017 09:30 am JST
  • Sumitomo Forestry partners on housing in Indonesia

    TOKYO -- Sumitomo Forestry will market single-family homes in Indonesia, as the Japanese housing and wood products company branches out to Southeast Asia's rising middle class.Sumitomo Forestry will form a special-purpose company in January with loc

    November 2, 2017 04:06 am JST
  • 'TPP 11' negotiators make headway before crucial summit next week

    URAYASU, Japan -- The 11 remaining Trans-Pacific Partnership members have narrowed down the rules that should be shelved from the original deal -- an important step ahead of a pivotal summit in Vietnam next week."We were able to further the debate [

    November 1, 2017 10:36 pm JST
  • Sluggish consumption drags down Indonesian food companies

    JAKARTA -- The top three Indonesian food producers reported lackluster earnings for the first nine months of the year, which some company executives have blamed on a "challenging" economic situation.The outlook for 2018 isn't much better as rising c

    November 1, 2017 10:33 pm JST
  • Indonesia seeks "all options" to fund infrastructure push

    HONG KONG -- The Indonesian government is going all out to seek financing for power plants, toll roads and airports, hoping to give a boost to President Joko Widodo's ambitious infrastructure program that has been progressing slowly.Indonesia has pl

    November 1, 2017 09:10 pm JST
  • Nikkei Asia300 Index rises as Indian mobile phone operators, Chinese insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, helped by gains in Indian mobile phone operators, China insurers, and South Korean chipmakers.The Nikkei Asia300 Index advanced 1.2% to 1,381.75.Investors digested data on manufa

    November 1, 2017 08:54 pm JST
  • Interview

    Indrawati: Strong balance sheet needed to meet external pressure

    HONG KONG -- Indonesia will be able to achieve higher economic growth while implementing a more disciplined fiscal policy, Finance Minister Sri Mulyani Indrawati said on Wednesday.In an interview with the Nikkei Asian Review in Hong Kong, Indrawati

    November 1, 2017 03:46 pm JST
  • Thailand and Vietnam jump in business-friendliness ranking

    TOKYO -- Asia's emerging economies, including Thailand and India, have become significantly more business-friendly, according to this year's Ease of Doing Business Ranking published by the World Bank on Tuesday.Singapore, South Korea and Hong Kong m

    November 1, 2017 01:55 pm JST
  • Indonesia's manufacturing PMI falls to 50.1 in October

    TOKYO -- The Nikkei Indonesia Manufacturing Purchasing Managers' Index, or PMI, fell to 50.1 in October from 50.4 in September.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction."Indonesia's manufactu

    November 1, 2017 09:30 am JST
  • Pavida and Thitinan

    Business will boost US ties with ASEAN even under Trump

    It has become a cliche to note the ongoing power shifts in geopolitics and geoeconomics. China is on the rise with such launch pads as the Belt and Road Initiative, the Asian Infrastructure Investment Bank, and the Regional Comprehensive Economic Pa

    November 1, 2017 07:00 am JST
  • Nikkei Asia300 Index gains as South Korean stocks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, helped by a rally in South Korean shares after Seoul and Beijing agreed to normalize relations that were marred following the deployment of a U.S. anti-missile system in the Korean pen

    October 31, 2017 08:36 pm JST