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  • Death toll in Sri Lanka flooding, landslides surpasses 200

    NEW DELHI (Kyodo) -- The death toll in Sri Lanka from flooding and landslides caused by torrential monsoons last week has risen to 203 as of Wednesday, with 96 others missing, local media reported.The Disaster Management Center said about 630,000 pe

    June 1, 2017 11:41 am JST
  • GE, McDonald's show how to make money, not enemies

    TOKYO -- What a shift a year has brought to the economic views of prominent investor Jim Rogers. His optimism has been replaced by pessimism.Rogers has traveled around the world by motorbike. He is known for his broad perspective on global matters a

    May 29, 2017 10:00 am JST
  • At least 146 killed by flooding and landslides in Sri Lanka

    NEW DELHI (Kyodo) -- Flooding and landslides caused by torrential monsoon rains have killed at least 146 people in Sri Lanka, according to local media reports issued Sunday.Another 112 people are missing.The flood damage, particularly in the western

    May 29, 2017 12:05 am JST
  • East Asian workers remarkably disengaged

    TOKYO -- Workers in East Asia are much less engaged in their jobs than their counterparts in the rest of the world, a recent survey by Gallup shows. Experts say East Asian companies need to alter their management styles before disengaged workforces

    May 25, 2017 10:40 pm JST
  • Social media presents dilemmas and opportunities in Asian tourism boom

    NEGOMBO, Sri Lanka -- Two bare-chested Russian tourists sporting orange swimming shorts play frisbee on the beachfront of a popular hotel in Negombo, a resort town on Sri Lanka's western coast. A short distance away, Greek holidaymakers sip coconut

    May 25, 2017 07:45 pm JST
  • Everest deaths pile pressure on Nepal

    KATHMANDU -- As news of a successful ascent of Everest by a rope-fixing team spread around Nepal's capital on May 14, Khem Raj Aryal, a junior officer at the Department of Tourism, was assessing an application for a permit to climb the 8,848-meter p

    May 24, 2017 10:50 pm JST
  • Creativity rises from the rubble of Nepal's 2015 earthquake

    KATHMANDU On April 25, 2015, about 50 people had gathered in the centuries-old Kasthamandap Temple in central Kathmandu to donate blood. The blood donation camp, organized by Nimbus Savings and Credit Co-operative, was about to wrap up. But just bef

    May 18, 2017 10:00 am JST
  • Pakistan's finance minister paints a bright economic picture

    YOKOHAMA, Japan Pakistan is determined to funnel more money toward infrastructure, small businesses and the poor, and the government has found an array of international partners to make it happen.Finance Minister Ishaq Dar recently spoke with The Ni

    May 18, 2017 10:00 am JST
  • Asian neighbors still leery of China's Belt and Road initiative

    BEIJING/NEW DELHI -- Many Asian countries, notably India, remain leery of throwing their support behind China's Belt and Road initiative, fearing that the efforts by Beijing to create a new sphere of economic influence in Asia could erode their own

    May 16, 2017 12:00 pm JST
  • Breaking the poverty trap through education

    TOKYO -- Despite the rise of many Asian economies over the past few decades, poverty levels remain an uncomfortable reminder of lingering inequality in the region. According to Asian Development Bank estimates, which use a region-specific poverty li

    May 16, 2017 10:10 am JST
  • Interview

    China-Pakistan project encroaches on Indian territory, minister says

    NEW DELHI -- A critical piece of China's Belt and Road initiative violates India's claim to Kashmir, the South Asian nation's commerce and industry minister said, explaining New Delhi's reluctance to support Beijing's massive infrastructure-building

    May 16, 2017 03:40 am JST
  • SriLankan Airlines' search for a new partner turns desperate

    COLOMBO Sri Lankan officials are getting increasingly desperate to find a private-sector partner to share the burden of rehabilitating flag carrier SriLankan Airlines.The airline, which for a decade was managed and partly owned by Emirates, saw its

    May 11, 2017 10:00 am JST
  • Japan, World Bank team on funding for developing nations

    TOKYO -- The Japan International Cooperation Agency signed a preliminary agreement Monday with a World Bank affiliate geared toward investing and lending $3 billion over five years in the developing world.JICA and the International Finance Corp. aim

    May 9, 2017 02:00 am JST
  • SriLankan's search for new partner getting desperate

    COLOMBO -- Sri Lankan officials are getting increasingly desperate to find a private-sector partner to share the burden of rehabilitating flag carrier SriLankan Airlines.The airline, which for a decade was managed and part-owned by Emirates, saw its

    May 8, 2017 07:15 pm JST
  • Interview

    Financing partnerships paving way forward for Pakistan -- Ishaq Dar

    YOKOHAMA -- Pakistan is determined to funnel more money toward infrastructure, small businesses and the poor, and the government has found an array of international partners to make it happen. Finance Minister Ishaq Dar recently spoke with The Nikke

    May 8, 2017 07:00 pm JST
  • Protectionism will not be able to stop global trade

    YOKOHAMA -- Despite fears of rising protectionism in the global economy, trade expansion will continue and remain an unstoppable force. This was the key message delivered by the finance ministers of India, Pakistan and Indonesia at a panel discussio

    May 7, 2017 02:00 am JST
  • Bangladesh's power needs bring ADB, AIIB together

    DHAKA -- Look around Asia and it is almost possible to see the region as one vast building project. As much as $26 trillion is expected to be spent on infrastructure over the next 15 years, with power plants, roads, ports and other public facilities

    May 4, 2017 04:00 pm JST
  • Bangladesh's power needs bring ADB, AIIB together

    DHAKA Look around Asia and it is almost possible to see the region as one vast building project. As much as $26 trillion is expected to be spent on infrastructure over the next 15 years, with power plants, roads, ports and other public facilities po

    May 4, 2017 10:00 am JST
  • The ADB faces up to new challenges

    Asia has seen remarkable growth in recent decades, but it still needs to improve power grids, roads, waterworks and other infrastructure, both to sustain that growth and as a result of it. Asian economies also need to attract private-sector capital

    May 4, 2017 10:00 am JST
  • Nikkei Asia Prizes 2017: First responder

    Edhi Foundation, Pakistan -- Winner for culture and communityRepresentative: Faisal Edhi, Managing TrusteeKARACHI Gently, with his fingertips, Faisal Edhi held the coin engraved with a portrait of his late father. "Abdul Sattar Edhi - an era of huma

    May 4, 2017 10:00 am JST