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  • Indonesia's manufacturing PMI rebounds to expansion in August

    TOKYO -- The Nikkei Indonesia Manufacturing Purchasing Managers' Index, or PMI, rebounded to growth for the first time in three months in August, indicating improved operating conditions in Indonesia's manufacturing economy.The composite indicator o

    September 4, 2017 09:30 am JST
  • ASEAN's manufacturing PMI bounces to growth in August

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rebounded to growth in August, signalling an improvement in operating conditions across the region.The composite indicator of manufacturing performance stood at 50.4 in Augu

    September 4, 2017 09:30 am JST
  • Honestbee wants to help, not disrupt, Tokyo grocery stores

    TOKYO -- Prime Minister Lee Hsien Loong used Singapore's recent National Day Rally to speak of "a smart nation." By that he meant a country that uses information technology to increase jobs, opportunities, productivity and convenience. During his sp

    September 4, 2017 07:45 am JST
  • Asia's main archipelagos eye bigger share of maritime trade

    JAKARTA -- The world's seaborne trade exceeded 10 billion tons in a single year for the first time in 2015, according to the United Nations Conference on Trade and Development, with about 60% passing through Asia.Sitting between the Indian and Pacif

    September 1, 2017 01:00 pm JST
  • Mitsubishi Motors out to wow emerging markets with Xpander

    TOKYO -- Mitsubishi Motors is eager to cultivate emerging markets with its new Xpander multipurpose vehicle, with the Japanese carmaker aiming to launch sales of the seven-seater in Indonesia and other Southeast Asian countries first and then expand

    September 1, 2017 12:07 pm JST
  • Indonesian scandal rocks booming Mecca pilgrimage industry

    JAKARTA -- Indonesian designer Anniesa Hasibuan has made headlines at New York Fashion Week with collections of Muslim attire that landed the 31-year-old on the Forbes Indonesia magazine list of inspiring women in 2017.But her involvement in the twi

    September 1, 2017 10:00 am JST
  • Southeast Asian new-car sales jumped 15% in July

    BANGKOK -- New-car sales in Southeast Asia's six major markets climbed 15% on the year to 268,428 in July, rebounding from a slump in June caused by the Islamic holy month of Ramadan.The region's sales grew by double digits for the first time in fou

    September 1, 2017 05:57 am JST
  • The young designers and architects transforming Jakarta

    JAKARTA Three metal fans hang low from the cement ceiling of Anjung Salihara, rotating slowly and silently. This cool and calm space is part of a huge cultural complex in Jakarta's southern suburbs. In a rare exception for Indonesia's sweltering, tr

    August 31, 2017 10:00 am JST
  • AirAsia plans backdoor listing for Indonesia unit

    JAKARTA -- Malaysia-based low-cost carrier AirAsia is planning to engineer a backdoor listing for its Indonesian unit by taking over a locally listed company, paving the way for fundraising in the local capital market.The deal involves AirAsia conve

    August 30, 2017 08:46 pm JST
  • Widodo balances investment, national ownership in Freeport deal

    JAKARTA -- The chief executive of U.S. mining company Freeport-McMoRan and two Indonesian ministers publicly declared Tuesday an end to an acrimonious dispute over a giant copper mine in Papua that has raged for months.The deal is seen as a testamen

    August 30, 2017 03:13 am JST
  • Singapore's DBS starts mobile banking in Indonesia

    SINGAPORE/JAKARTA -- Singapore's largest bank by assets, DBS Group Holdings, launched Tuesday a mobile banking service in Indonesia, looking to tap into mobile-savvy millennials in Southeast Asia's largest country. The paperless and signature-less s

    August 30, 2017 02:38 am JST
  • AirAsia's 2Q net profit hit by Indonesian tax amnesty

    KUALA LUMPUR -- AirAsia logged a net profit of 92 million ringgit ($21 million) in the April-June quarter, compared with 342 million ringgit in the corresponding quarter in 2016. The budget carrier, the largest in the region by fleet size, attribute

    August 29, 2017 11:28 pm JST
  • Freeport agrees to sell majority stake in Indonesian mining unit

    JAKARTA -- Freeport-McMoRan of the U.S. has bowed to Indonesia's demand to divest the majority of its stake in an Indonesian mining unit to local parties. In exchange, the unit will get an extension on its permit to operate one of the world's larges

    August 29, 2017 03:35 pm JST
  • FT Confidential Research

    Banking in Cambodia: the money keeps flowing

    Banking remains one of Cambodia's most dynamic sectors. There is robust growth in deposits and loans, and financial institutions are making healthy profits.Non-performing loans are rising but do not pose a significant risk - the global commodities g

    August 29, 2017 11:00 am JST
  • Interview

    Former Australian PM: China-US can rein in Pyongyang

    As political tensions escalate in and around the dynamic Asia-Pacific region, John Howard, Australia's prime minister from 1996 to 2007, recently sat down with the Nikkei Asian Review to share his views on current events. Edited excerpts follow.Q: A

    August 29, 2017 10:02 am JST
  • Asia's 'smartphone economy' boosts 2017 growth forecasts

    TOKYO -- The Japan Center for Economic Research announced on Aug. 28 its "Sixth Asia Economic Short-Term Forecast" highlighting China and four core ASEAN countries: Indonesia, Thailand, Malaysia and the Philippines.With economic growth in the first

    August 29, 2017 07:00 am JST
  • Kasikornbank takes 10% stake in Bank Maspion Indonesia

    BANGKOK -- Kasikornbank, Thailand's fourth-largest bank by assets, said Monday that it will buy a 9.99% stake in Bank Maspion Indonesia, the listed banking arm of midsize Indonesian conglomerate Maspion Group for $20 million.The deal will give Kasik

    August 29, 2017 02:25 am JST
  • Thousands of ATMs in Indonesia halted by Telkom's satellite disruption

    JAKARTA -- Thousands of ATMs in Indonesia have stopped working due to technical issues at a satellite operated by the state-owned telecommunications company.Telekomunikasi Indonesia, known as Telkom, on Monday said there had been "technical disrupti

    August 28, 2017 11:42 pm JST
  • Indonesian startups face same drawbacks and advantages

    TANJUNG GUSTO, Indonesia -- The fast pace of development in Indonesia's cities has spawned many a technology-based startup in the last few years, from ride-hailing apps to online shopping giants to touchscreen food delivery services. These are the e

    August 25, 2017 12:00 am JST
  • Salim Group buying Indonesia e-commerce platform as battle brews

    JAKARTA -- Indonesian conglomerate Salim Group is buying the company behind local e-commerce platform elevenia, as it gears up to take on powerful international players like Alibaba Group Holding.Two group affiliates are acquiring XL Planet -- a 50-

    August 24, 2017 09:56 pm JST