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  • 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
  • FT Confidential Research

    Jokowi approval rating survives protests and inequality

    The approval rating of Indonesia President Joko Widodo, commonly known as Jokowi, has improved since the start of his tenure despite rising religious tensions that put him at loggerheads with conservative Muslims.Jokowi's approval is lowest for his

    August 1, 2017 10:30 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
  • Indian new tax erodes Godrej profit as retailers cut stocks

    MUMBAI (NewsRise) -- Godrej Consumer Products, controlled by billionaire Adi Godrej, reported a surprise 8.9% decline in first-quarter profit, after retailers cut down stocks of Cinthol soaps and Good knight mosquito repellents ahead of a major tax

    July 31, 2017 07:57 pm JST
  • China distilleries top Asia food-beverage market cap ranking

    TOKYO/GUANGZHOU -- China's liquor manufacturers lead Asia's food and beverage makers in market cap after retooling their lineups to target ordinary drinkers, spurred by broad investor interest in the fast-growing region's consumer stocks.Shanghai-li

    July 31, 2017 04:01 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
  • 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
  • Salim Group backs digital startup incubator

    JAKARTA -- Indonesian conglomerate Salim Group is showing increased interest in disruptive technologies by partnering a startup incubation program with NUS Enterprise, a business arm of the National University of Singapore.Launched on Friday, BLOCK7

    July 29, 2017 12:56 am JST
  • Garuda Indonesia hits first-half turbulence with $284m loss

    JAKARTA-- Garuda Indonesia's loss deepened in the second quarter of the year, bringing the airline's total net loss for the first half to $283.8 million, which it blamed on fuel price hikes and costs associated with a tax amnesty.Garuda on Thursday

    July 28, 2017 11:17 pm 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
  • Japanese trading houses juice up power plant operations

    TOKYO -- Japan's big trading houses are adding more staff to their power plant construction operations to meet growing demand in Asia and Africa and to gain an edge over their Chinese and South Korean rivals.Marubeni plans to increase staffing in Ba

    July 28, 2017 11:59 am 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
  • Indonesia's deficit widens in 2017 budget revision

    JAKARTA - Indonesia's House of Representatives on Thursday endorsed a revision to this year's government budget -- which sees a lower revenue, increased spending and a widening deficit nearing the constitutional limit.Revenue target is corrected to

    July 28, 2017 12:06 am JST
  • Indonesian parliament OKs tax data exchange law

    JAKARTA -- Indonesia took a big step toward joining a global framework aimed at combating tax evasion, with the country's parliament on Thursday passing a law that grants the tax office direct access to financial information held by banks and other

    July 27, 2017 11:40 pm JST
  • Jakarta's governor-elect cites 'Wikipedia' approach to issues

    TOKYO -- Jakarta's governor-elect envisions collaborating with citizens to tackle social issues, comparing his approach to Wikipedia, as he embarks on a difficult path to bridge Indonesia's socially divided capital."We would like to approach the cha

    July 27, 2017 10:01 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