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Japan

AirAsia ventures into China, Cambodia

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Malaysian low-budget carrier AirAsia is working on expanding its network with two new subsidiaries in China and Cambodia. On May 14, Tony Fernandes, co-founder and...
Final flag for Malaysia’s Formula 1 race

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Malaysia will stop hosting to the annual Formula 1 Grand Prix this year, with the last race after 18 years to be held on...
Vietnam scraps plans to build nuclear power plants

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Vietnam has decided to ditch plans to build two nuclear power plants in its southeastern Ninh Tuan province owing to soaring costs and safety...
Japan’s Marubeni to invest $17 billion in Philippine infrastructure projects

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Japanese industry and trading conglomerate Marubeni Corporation committed to invest $17.2 billion in short- to long-term Philippine infrastructure projects, namely mass transport systems, roads...
Philippines, Japan ink economic, defense deals

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The Philippines and Japan agreed to cooperate closer in various economic sectors and to work together in regional security initiatives that "promote peace and...
Thailand’s biggest foreign investor stands by the country

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Japan, Thailand's biggest foreign direct investor, said it would keep offering support to its companies in the country as concerns grow that after the...
ASEAN’s emerging economies slip in competitiveness ranking

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All ASEAN-5 countries except Singapore dropped in the new Global Competitiveness Index 2016-2017 issued by the World Economic Forum (WEF), some of them significantly....
Philippines signs agreement with Japan on e-vehicles project

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The Board of Investments (BOI), the industry development and investments promotion arm of the Department of Trade & Industry (DTI) has signed a Memorandum...
Asia markets in tailspin after Brexit vote, pound tumbles

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The United Kingdom's vote to leave the European Union sent shock waves across Asian markets on June 24 as regional investors were the first...
Just five ASEAN universities in Asia’s Top 50

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The 2016 QS University Rankings Asia released on June 14 shows that just five universities in the Association of Southeast Asian Nations (ASEAN) are...
One third of tourists to Thailand are Chinese

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Thailand is being run over by Chinese tourists as it is expected that no fewer than 10 million visitors from China will come to...
Eight Asia-Pacific budget carriers enter landmark alliance

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Budget airlines in Asia-Pacific formed the region’s first alliance of its kind, opening their network and their respective passengers to each other and using...
Metal debris found in Thailand unlikely to be from flight MH370

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A curved metal panel that appeared to be part of a plane has been found off the coast of southern Thailand in the morning...
Barclays cuts hundreds of jobs in Asia, exits South Korea, Taiwan

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British bank Barclays is closing its investment banking units in Asian countries, namely Indonesia, Malaysia and Thailand, as well as in Australia and Russia,...
Japanese foundation boosts education for poor in Laos

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An estimated 1,300 schoolchildren in four rural districts of Savannakhet province in Laos will have a bountiful supply of school material this academic year...
Japanese financial firm to buy Indonesia’s Bank Mutiara

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Japanese finance company J Trust Co Ltd is set to buy Indonesia's PT Bank Mutiara Tbk to tap rising demand for retail finance in...
Japan aims to lure more ASEAN tourists

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In an effort to compete with South Korea in drawing tourists from the Philippines and other Southeast Asian nations, Japan has been stepping up...
Japan in $20b ASEAN charm offensive

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Japan has pledged $20 billion in financial support to Southeast Asian countries at the Japan-ASEAN summit in a bid to counter the increasing influence...