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  • Indonesia and Malaysia follow Singapore's lead in tackling obesity

    JAKARTA -- As concerns grow about rising obesity in Southeast Asia, Indonesia will introduce legislation next year aimed at reducing the content of sugar, salt and fat in food."We want to push our industry to make it low sugar, low salt, low fat," N

    October 30, 2017 09:49 pm JST
  • Nikkei Asia300 Index edges higher after Wall Street rally

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan edged higher after a technology-stock-led rally on Wall Street Friday, and as energy producers climbed amid advances in crude oil prices.The Nikkei Asia300 Index rose 0.1% to 1,361.27 Monday. Tec

    October 30, 2017 08:54 pm JST
  • Nikkei will launch new index to aid Asian-focused investors

    TOKYO -- Nikkei Inc. said Monday it will launch in December a new stock index for financial instruments covering the "Asia300" group of must-watch companies.The new Nikkei Asia300 Investable Index is designed to enable market players worldwide to in

    October 30, 2017 04:00 pm JST
  • Nikkei Asia300 Index rises as Chinese financial firms, airlines gain

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, led by a rally in Chinese financial companies and airlines after upbeat earnings.The Nikkei Asia300 Index advanced 0.7% to 1,359.98. H-shares of China Construction Bank advanced 3.2% af

    October 27, 2017 08:54 pm JST
  • RCEP deal unlikely this year: South Korean official

    INCHEON, South Korea -- An agreement to create a free trade zone among 16 countries in the Asia-Pacific region, including China, Japan, India and South Korea, is not expected before the end of the year, said a South Korean representative in charge o

    October 27, 2017 08:48 pm JST
  • Freeport seeks deal on Papua mine operator by year-end

    JAKARTA -- Freeport-McMoRan has two months to hammer out a deal with the Indonesian government that will determine the future of a giant copper and gold mine in the remote province of Papua.Speaking from Indonesia in a phone call with analysts on We

    October 26, 2017 10:13 pm JST
  • Explosion at Indonesia fireworks factory kills 47

    JAKARTA -- An explosion at a fireworks factory in the outskirts of Jakarta on Thursday killed at least 47 people and injured dozens of others. The cause of the incident is still under investigation.The explosion occurred around 9 a.m., and 11 fire e

    October 26, 2017 08:36 pm JST
  • Nikkei Asia300 Index falls, dragged by South Korean memory chipmakers

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as South Korean chipmakers declined after SK Hynix's earnings missed estimates. Overnight decline in U.S. stocks also weighed on demand.The Nikkei Asia300 Index lost 0.3% at 1,351.05.

    October 26, 2017 08:07 pm JST
  • Travel spending by Muslim millennials to top $100bn by 2025

    SINGAPORE - Young Muslims are traveling more than ever and their spending is set to reach $100 billion by 2025, according to a report by Mastercard and HalalTrip, a travel website and app, in a report released Thursday. The report, that included Mur

    October 26, 2017 07:36 pm JST
  • KKR buys piece of Indonesia's top bread company for $74m

    JAKARTA -- U.S. investment group KKR on Thursday said it has acquired a 12.64% stake in Nippon Indosari Corpindo, Indonesia's largest bread maker, for $74 million.Founded in 1995, Nippon Indosari leads the domestic market with its Sari Roti brand, b

    October 26, 2017 01:58 pm JST
  • Anthony Couse: Eco-friendly offices are the new gold standard

    Singapore's Asia Square Tower 2 made headlines in September when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia-Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qata

    October 26, 2017 10:00 am JST
  • Bilahari Kausikan: ASEAN must work harder to stay 'central'

    Within the Association of Southeast Asian Nations, "centrality" is a defining concept, an implied vision of regional order in which the collective interest of member states comes first -- or at least is not disregarded."ASEAN centrality" is not a ma

    October 26, 2017 10:00 am JST
  • Duterte declares victory against terrorists in Mindanao

    MANILA Philippine President Rodrigo Duterte was not in a celebratory mood when he declared the liberation of Marawi, the southern city destroyed by one of the longest battles between government troops and terrorists."I just came from Marawi and by t

    October 26, 2017 10:00 am JST
  • Widodo's first three years marked by stumbling progress

    JAKARTA Indonesian President Joko Widodo marked three years in office on Oct. 20. He swept into power on strong support from the poor and on pledges of spurring economic development through boosted infrastructure spending.So far, he has achieved som

    October 26, 2017 10:00 am JST
  • How feeding fish became a passion for eFishery's founder

    Inspired in part by his own struggles with the "uncontrollable" aspect of raising fish, Gibran El Farizy founded eFishery to make aquaculture more efficient and productive. In a recent interview with the Nikkei Asian Review, the 27-year-old entrepre

    October 26, 2017 10:00 am JST
  • Startups in Asia: Indonesia's eFishery aims for more efficient aquaculture

    JAKARTA It was the Islamic holy month of Ramadan in 2007. Gibran El Farizy, a student at the Bandung Institute of Technology in West Java in Indonesia, was starving.Farizy's parents were late sending his monthly allowance of 600,000 rupiah (about $4

    October 26, 2017 10:00 am JST
  • Indonesia's Snapcart raises $10 million for overseas expansion

    JAKARTA -- Snapcart, an Indonesian marketing research startup that analyzes data from receipts, said Thursday that it had raised $10 million from new and existing investors as it gears up for overseas expansion.The round was led by Singapore-based V

    October 26, 2017 07:00 am JST
  • Asahi to sell soft drink unit amid greater focus on Europe, Asia

    TOKYO -- Asahi Group Holdings will unload soft drink unit LB after the business, acquired over a decade ago, failed to generate the expected synergies.The Tokyo-based company seeks to use the proceeds from the sale to pay down debt stemming from lar

    October 26, 2017 06:05 am JST
  • CSIS/Nikkei Forum

    Experts call for ASEAN unity on South China Sea

    SINGAPORE -- Experts who gathered at a forum to discuss issues surrounding the South China Sea on Oct. 25 expressed concerns about increasing pressure from China. While they agreed on the importance of U.S. influence in the region, some called for u

    October 25, 2017 11:30 pm JST
  • Nikkei Asia300 Index gains on U.S. cues, surging Indian bank stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, helped by positive U.S. leads and a rally in Indian banks after New Delhi announced a $32 billion plan to recapitalize state-owned lenders.The Nikkei Asia300 Index advanced 0.8%

    October 25, 2017 08:35 pm JST