Search results

Results 121 - 140 of 4345
  • Foreign EV makers fret over China's uncertain playing field

    TOKYO -- When hundreds of auto industry officials gathered here last week for a conference hosted by research firm IHS Markit, many had one question in mind: what will happen to their access to the Chinese market following Beijing's decision to mand

    October 19, 2017 03:30 pm JST
  • Hard-line Islamists are growing in power in Indonesia

    JAKARTA Moderate Muslims in Indonesia, a regional power that accounts for some 40% of the gross domestic product of the Association of Southeast Asian Nations, are becoming more receptive to a fundamentalist version of Islam that seeks to impose rel

    October 19, 2017 10:00 am JST
  • Multinationals in Asia: For Unilever's chief, good business is found in helping the world be better

    SINGAPORE When the United Nations' Sustainable Development Goals were adopted in September 2015, Unilever Chief Executive Paul Polman stood out as the only business leader who participated in drafting the document.In Polman's view, the 17 goals -- i

    October 19, 2017 10:00 am JST
  • Honda eyeing electric scooter that can power home appliances

    TOKYO -- Japan's Honda Motor plans to start selling motorized scooters that run on detachable batteries in Southeast Asia starting as early as 2019, amid toughened environmental measures across the region.The vehicles will adopt lithium ion batterie

    October 19, 2017 06:14 am JST
  • Indonesia's Telkomsel wins spectrum for $74 million

    JAKARTA -- The mobile unit of Indonesia's state-owned telecommunications company, Telekomunikasi Indonesia, won a spectrum for 1 trillion rupiah ($74 million) as it aims to extend its dominance in the country. The Ministry of Communications and Info

    October 18, 2017 09:29 pm JST
  • Grab halts e-money top-ups in Indonesia

    JAKARTA -- Singaporean ride-hailing service Grab has partially suspended its electronic payment service in Indonesia, following similar moves by other e-commerce players feeling the heat from local regulators.Grab halted GrabPay Credits, a function

    October 18, 2017 03:26 pm JST
  • Asia has $26tn in infrastructure projects up for grabs

    Asia is set to spend $26 trillion on airport and other infrastructure projects through 2030, according to the Asian Development Bank.It is a rich pie that has already whetted contractors' appetites.In Vietnam, an urban rail project funded by Japanes

    October 18, 2017 12:18 pm JST
  • Indonesia shows lofty ambitions for Jakarta air hub

    JAKARTA -- Indonesia is pouring billions of dollars into its flagship international airport, seeking to gain an edge in the race for passengers in a region where air travel has taken off in recent years. A decade and a half of steady economic growth

    October 18, 2017 12:16 pm JST
  • Sky-high real estate made Hong Kong Asia's priciest city: Julius Baer

    HONG KONG -- It is perhaps not surprising that Hong Kong, where even the top government official finds housing unaffordable, is the costliest metropolis in Asia.The semi-autonomous region of China jumped two places to lead 11 cities in an annual ran

    October 18, 2017 01:16 am JST
  • Nikkei Asia300 Index gains tracking record-high U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Tuesday after all major U.S. indexes climbed to records overnight.The Nikkei Asia300 Index advanced 0.1% to 1,358.91.U.S stocks rose Monday along with the dollar, while bond yields d

    October 17, 2017 08:31 pm JST
  • Asia Insight

    Islamists cast a long shadow over Indonesian society

    JAKARTA -- Moderate Muslims in Indonesia, a regional power that accounts for some 40% of the gross domestic product of the Association of Southeast Asian Nations, are becoming more receptive to a fundamentalist version of Islam that seeks to impose

    October 17, 2017 12:52 pm JST
  • Mitsubishi Motors to rev up R&D, capital spending

    TOKYO -- Mitsubishi Motors plans to channel more than 600 billion yen ($5.34 billion) into capital spending and R&D over the three years through fiscal 2019, steering back toward growth investment after scandals forced the automaker to prioritize st

    October 17, 2017 06:09 am JST
  • Opposition-backed Baswedan sworn in as Jakarta governor

    JAKARTA -- Former education minister Anies Baswedan was sworn in Monday as new governor of the sprawling Indonesian capital of Jakarta for a five-year term in a ceremony at the presidential palace.Baswedan will lead the teeming metropolis with a pop

    October 16, 2017 09:19 pm JST
  • Comment

    We may be sleepwalking into another financial crisis

    TOKYO -- Indonesian conglomerate Santini Group has an important unwritten rule rooted in its experiences during the Asian currency crisis of 1997: No borrowing money.Luki Wanandi, who later took the reins from his founder father in 1999, was an exec

    October 16, 2017 08:00 am JST
  • Interview

    Unilever CEO values sustainable-development opportunities in Asia

    SINGAPORE -- When the United Nations issued its 17 Sustainable Development Goals, which were adopted by the organization in September 2015, Unilever Chief Executive Paul Polman stood out as the only business leader who took part in drafting the docu

    October 15, 2017 12:00 pm JST
  • G-20 upbeat on world economy, affirms coordination over risks

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 major economies agreed Friday to step up coordination in better coping with risk factors to the world economy such as North Korea, amid signs that 2017 will be the best year for global growth

    October 14, 2017 08:13 pm JST
  • Why forest protection in Southeast Asia will hurt Japan

    Japan's construction sites heavily rely on lumber from Southeast Asian countries that are now significantly cutting exports due to deforestation concerns.While there are hopes that Japan's own lumber industry can pick up the slack, that is unlikely.

    October 14, 2017 07:00 pm JST
  • Japanese shipper expands halal logistics to Indonesia

    TOKYO -- Yusen Logistics has become the first Japanese freight company to receive halal certification in Indonesia, part of an effort to expand in a fast-growing region with a large Muslim population.The Nippon Yusen group member's system for shippi

    October 14, 2017 03:40 am JST
  • Widodo energy reform flip-flop pressures Pertamina

    JAKARTA -- An apparent flip-flop by Indonesian President Joko Widodo on drastic reform of energy subsidies is taking a toll on Pertamina, the country's largest state oil and gas company.Indonesia scrapped subsidies on regular gasoline in early 2015

    October 13, 2017 09:12 pm JST
  • Nikkei Asia300 Index gains as Singapore stocks rally on economic growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, helped by a rally in Singapore shares after better-than-expected third-quarter economic growth in the city-state.Samsung Electronics declined as record earnings were overshadowed by the

    October 13, 2017 08:45 pm JST