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  • FPT to reduce its retail interests

    HO CHI MINH CITY -- FPT, Vietnam's biggest information technology company, announced on Tuesday that it will reduce its shareholding in FPT Digital Retail from 85% to under 50% in order to focus more on its technology businesses, including informati

    August 2, 2017 10:02 pm JST
  • Tokyo Gas invests in PetroVietnam Gas subsidiary

    HO CHI MINH CITY -- PetroVietnam Gas said Monday it sold 24.9% of a natural gas distribution subsidiary to Tokyo Gas Asia, a unit of Tokyo Gas. The two subsidiaries also agreed to work on a strategic alliance that will tap Japanese technology and e

    August 2, 2017 12:53 pm JST
  • Yingluck looks to future in final court appearance

    BANGKOK -- In her darkest hour, former Thai Prime Minister Yingluck Shinawatra has turned to the country's rice farmers, a vote bank she tapped for her maiden electoral triumph."I am most proud [because] ... I had the opportunity to push [a subsidy]

    August 2, 2017 01:40 am JST
  • Asia's 'tiger cubs' will feast on FDI in next decade: Nomura

    SINGAPORE -- India and five key Southeast Asian countries can expect a surge in foreign direct investment in the years to come, according to a new report from Nomura. India and the so-called ASEAN 5 -- Indonesia, Malaysia, Thailand, the Philippines

    August 2, 2017 12:56 am JST
  • Richard Heydarian

    Duterte's moves could hasten regional 'Pax Sinica'

    In his second State of the Nation Address on July 24, Philippine President Rodrigo Duterte zeroed in on domestic security challenges, although in his role as current chairman of the Association of Southeast Asian Nations, regional issues loom large

    August 1, 2017 01:50 pm JST
  • ASEAN PMI falls to contraction in July

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to contraction for the first time this year with falls in both output and total new orders.The composite indicator of manufacturing performance fell to 49.3 in July fro

    August 1, 2017 09:30 am JST
  • Vietnam's manufacturing PMI moderates in July

    TOKYO -- The Nikkei Vietnam Manufacturing Purchasing Managers' Index, or PMI, moderated in July, with slower rises in both output and new orders.The composite indicator of manufacturing performance eased to 51.7 in July from 52.5 in June.A reading a

    August 1, 2017 09:30 am JST
  • Southeast Asian auto market roaring back to life

    BANGKOK/HANOI -- Southeast Asia's automobile market continues to recover well from a yearslong slump, with the Philippines and Thailand driving solid growth in an increasingly important region for carmakers.This is particularly good news for Japanes

    August 1, 2017 08:39 am JST
  • Telemor launches 4G in East Timor

    HO CHI MINH CITY -- Telemor, the East Timor subsidiary of Vietnam's Viettel, yesterday launched 4G services in the group's sixth market outside Vietnam after Burundi, Cambodia, Haiti, Laos, and Peru.Managed by the Vietnamese military, Viettel now ha

    August 1, 2017 01:58 am JST
  • China distilleries top Asia food-beverage market cap ranking

    TOKYO/GUANGZHOU -- China's liquor manufacturers lead Asia's food and beverage makers in market cap after retooling their lineups to target ordinary drinkers, spurred by broad investor interest in the fast-growing region's consumer stocks.Shanghai-li

    July 31, 2017 04:01 pm JST
  • ASEAN AT 50

    Southeast Asian companies find ideal partners -- each other

    JAKARTA -- With their bright red and yellow signage, the Alfamart convenience stores sprouting up in Manila and other Philippine cities are hard to miss. But what really sets them apart is their parentage: In a market dominated by Japanese brands li

    July 31, 2017 09:30 am JST
  • Osaka bus operator to launch charter taxi service in Vietnam

    TOKYO -- Willer, an Osaka-based expressway bus operator, is preparing to launch chartered minivan taxi services for Japanese travelers in Vietnam.The company's chauffeur-driven, seven-seater minivan called the Genic Vehicle comes in two types: premi

    July 30, 2017 07:50 pm JST
  • ASEAN AT 50

    Toyota supply chain is Exhibit A of deepening ASEAN integration

    BANGKOK -- At Toyota Alabang, a Toyota Motor dealership in the suburbs of Manila, Neil Ramos sizes up the models on offer. Ramos, a local restaurant owner, is thinking about buying a new car to drive his 7-year-old daughter to and from school. His f

    July 29, 2017 10:37 am JST
  • Nikkei Asia300 index falls on technology stocks, almost erases weekly gains

    HONG KONG (Nikkei Markets) -- Technology stocks led Asian equities outside Japan lower on Friday, wiping off most of the accumulated gains for the week triggered by bets slowing inflation would prompt the U.S. Federal Reserve to hold back further ra

    July 28, 2017 08:52 pm JST
  • Japanese trading houses juice up power plant operations

    TOKYO -- Japan's big trading houses are adding more staff to their power plant construction operations to meet growing demand in Asia and Africa and to gain an edge over their Chinese and South Korean rivals.Marubeni plans to increase staffing in Ba

    July 28, 2017 11:59 am JST
  • ASEAN AT 50

    In search of ASEAN 'champions'

    TOKYO -- Despite proving to be a unique and successful development model, ASEAN is lacking in the innovation department. This is how Fukunari Kimura, a professor of trade and development economics at Japan's Keio University, sees the region. He rece

    July 28, 2017 10:55 am JST
  • At 50, ASEAN is reaping the rewards of economic integration

    BANGKOK The Association of Southeast Asian Nations marks its 50th anniversary on Aug. 8. Over the decades, its purpose has shifted from fighting communism to fostering economic cooperation. ASEAN's rules and infrastructure facilitate trade and help

    July 27, 2017 10:00 am JST
  • ASEAN needs more cohesion to stand on its own

    ASEAN leaderships need a moment of reflection. We are seeing strong anti-globalization sentiment and failures of multilateral arrangements in the West. This certainly dents ASEAN's drive for more openness and more integration. Even before such globa

    July 27, 2017 10:00 am JST
  • Then and now: ASEAN by the numbers

    The 10 members of the Association of Southeast Asian Nations have grown steadily richer in recent decades, with gross domestic product per capita rising eightfold between 1980 and 2016. Can the region continue its march toward prosperity?

    July 27, 2017 10:00 am JST
  • ASEAN is looking good, but now looking up to China and India

    TOKYO The first 50 years of the Association of Southeast Asian Nations should be regarded as an overall success, but its future is anything but certain. Sandwiched between China and India, ASEAN could find itself overwhelmed economically by these tw

    July 27, 2017 10:00 am JST