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  • China investment pours into Vietnam textile industry on free trade hopes

    HANOI -- Chinese companies are showing strong interest in Vietnamese textile companies, with an eye toward using the Southeast Asian country as an export base for the U.S. once the Trans-Pacific Partnership free trade agreement is in force. Viet

    February 3, 2014 01:00 pm JST
  • Andrew Sheng: Protecting trade finance from US tapering

    As we approach Chinese New Year, moves by the U.S. Federal Reserve to prepare to taper its bond purchases have put a damper on the festive mood. An official with China's commerce ministry recently remarked that the outlook for the country's foreign

    February 3, 2014 07:00 am JST
  • Top Glove's chairman has eyes on aging Japan

    KUALA LUMPUR -- Malaysia's Top Glove is the world's largest maker of surgical gloves. Currently it makes 15% of its revenue in Asia. In an interview with The Nikkei, Top Glove Chairman Lim Wee Chai said he wants his company to raise this to 25%. Exc

    February 3, 2014 07:00 am JST
  • JCB to issue credit cards in Laos, Cambodia

    TOKYO -- Japanese credit card issuer JCB will enter the Laotian market on Wednesday, with plans to debut in Cambodia next year. In Laos, the credit cards will be issued jointly with Phongsavanh Bank, a major local lender. The market is still sma

    February 3, 2014 01:10 am JST
  • Japan's Seed uses contacts for Vietnam expansion

    TOKYO -- Japan's leading contact lens maker, Seed, wants to expand in Vietnam. Contact lens penetration is still low in the Southeast Asian country, but its large youth population makes it a highly promising market. The company's approach is to

    February 2, 2014 01:00 pm JST
  • Yangon's sky-high rents lure developers

    YANGON -- New apartment and office buildings are springing up here in Myanmar's most populous city, where office rents have reached heights one would expect to see in Hong Kong. Foreign developers are behind much of this construction, drawn by s

    February 1, 2014 07:00 am JST
  • Southeast Asian car sales zipped to record high in '13

    BANGKOK -- Southeast Asia's auto market grew solidly last year, with sales again cruising to an all-time high, but the outlook is murkier for 2014 amid political turmoil in Thailand. Combined new-car sales in the region's six leading countries r

    February 1, 2014 12:52 am JST
  • Singapore's Ho steers economy

    SINGAPORE -- Ho Ching, the chief executive of Singapore's government-owned investment fund Temasek Holdings, is the wife of Prime Minister Lee Hsien Loong. She commands the economy with a cool head. Temasek has Singapore Telecommunications and o

    January 30, 2014 05:00 pm JST
  • QL's Chia does not mince around

    SINGAPORE -- Chia Song Kun's rags-to-riches story begins in a poor fishing village. Malaysia's QL Resources, Asia's largest minced fish producer, is headed by Chia Song Kun, the founder and managing director of the company. Chia started his vill

    January 30, 2014 05:00 pm JST
  • Ho bets on 'eternal' Chinese consumption

    SINGAPORE -- Ho Kwon Ping, executive chairman of Banyan Tree Holdings, an operator of upscale hotels and resorts based out of Singapore, is banking on China. He expects the Chinese government will move to bolster personal spending. Banyan Tree i

    January 30, 2014 05:00 pm JST
  • Tang adds zest to infrastructure market

    SINGAPORE -- Tang Kin Fei has a rare trait for a Singaporean businessman: Loyalty. The president of Singapore's leading government-affiliated conglomerate, Sembcorp Industries, is one of the few executives in the city-state who has stuck with th

    January 30, 2014 05:00 pm JST
  • Lim's gloves-on approach

    SINGAPORE -- Top Glove already accounts for 25% of the world rubber glove market, but it wants more. The Malaysian company was founded in 1991 and has become a giant business in only a little more than two decades. Lim Wee Chai is its chairman.

    January 30, 2014 05:00 pm JST
  • Fernandes refuses to let go of Japan

    SINGAPORE--AirAsia CEO and founder Tony Fernandes has not finished with Japan. Southeast Asia's leading budget airline will be back in the land of the rising sun, the 48-year-old Fernandes insists. AirAsia last year pulled out of Japan, dissolvi

    January 30, 2014 05:00 pm JST
  • ASIA'S NEXT VANGUARD 2014: Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 30, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 30, 2014 12:00 am JST
  • Sticking around

    Wages are rising rapidly in China, and it is resulting in changes for the "factory to the world." According to the World Economic Trends spring 2012 report published by Japan's Cabinet Office, China's nominal wage growth rate between 2007 and 20

    January 30, 2014 12:00 am JST
  • The wages of growth

    As wages climb in China and Southeast Asia, so too do costs for the many global companies operating there. Businesses are responding by seeking out cheaper production sites. But their relocation options are dwindling as more countries boost pay leve

    January 30, 2014 12:00 am JST
  • Protecting trade finance from US tapering

    As we approach Chinese New Year, moves by the U.S. Federal Reserve to prepare to taper its bond purchases have put a damper on the festive mood. An official with China's commerce ministry recently remarked that the outlook for the country's foreign

    January 30, 2014 12:00 am JST
  • Smartphones set to reshape Asia's consumer markets

    NEW DELHI/BANGKOK -- Asia is on course to become a huge market for smartphones with more than 2 billion users in 2017, a development certain to transform its consumer markets and open up business opportunities for retailers. The total number of

    January 29, 2014 07:00 am JST
  • Hong Kong listing to spur Uniqlo's Asia expansion

    TOKYO -- Fast Retailing, operator of the Uniqlo casual clothing chain, will seek to list on the Hong Kong Stock Exchange in March to enhance its name recognition in China and Southeast Asia. The Japanese retailer best known for its Heattech

    January 28, 2014 01:00 pm JST