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  • ThaiBev affiliate cleared to bid for 51% of Vietnam's Sabeco

    HANOI -- The Vietnamese government has effectively declared Thai Beverage eligible to buy a controlling stake in Saigon Beer Alcohol Beverage Co., the country's largest brewer.The government, which is gradually moving to privatize state-owned enterp

    December 16, 2017 02:12 am JST
  • Nikkei Asia300 Index falls tracking Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday as uncertainty over U.S. tax reforms damped investors' risk appetite.Indian shares rallied, bucking the trend, after exit polls predicted a victory for Prime Minister Narendra Modi's Bha

    December 15, 2017 08:24 pm JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • Nikkei Editorial

    Japan must support language education for foreign residents

    Japanese language skills are vital for ensuring that foreign residents are able to integrate into and thrive in Japanese society. Indeed, many people from overseas have difficulty living in Japan precisely because they lack such skills. With Japan's

    December 14, 2017 10:00 am JST
  • Global trade uptick boosts Asian manufacturing

    HONG KONG Strengthening economies on both sides of the Pacific are lifting global trade, as well as Asia's manufacturing sector. Seven of the 12 economies surveyed by The Nikkei -- Taiwan, Japan, South Korea, India, Malaysia, Singapore and the Phili

    December 14, 2017 10:00 am JST
  • South Korea joins in Asia-wide bitcoin crackdown

    SEOUL The South Korean Ministry of Justice is considering a total ban on trading in bitcoin, other cryptocurrencies and digital tokens in order to protect individuals from potential scams, a ministry official told the Nikkei Asian Review on Dec. 11.

    December 14, 2017 10:00 am JST
  • The Cambodian city that went from war zone to manufacturing hub

    POIPET, Cambodia Once ravaged by war, the city of Poipet on Cambodia's western border with Thailand is reinventing itself as a manufacturing center, leveraging its cheap labor costs and strategic location in the regional supply chain.Techno Park Poi

    December 14, 2017 10:00 am JST
  • Malaysian festival puts Asian literature in the spotlight

    PENANG, Malaysia In a beautifully refurbished colonial building next to George Town's coastal thoroughfare, a tight-knit yet diverse crowd is hungry for answers. A microphone is passed around, and people rock nervously in their chairs as they wait t

    December 14, 2017 10:00 am JST
  • WTO meeting ends in stalemate after US rebukes, member vetoes

    BUENOS AIRES (Reuters) -- The World Trade Organization's biennial meeting ended in stalemate on Wednesday after U.S. criticism and member country vetoes, raising questions about the body's ability to govern increasingly disputed global trade.Ministe

    December 14, 2017 07:23 am JST
  • William Pesek

    Asia's burning question -- kill bitcoin or embrace it?

    Bitcoin is on fire in South Korea -- literally. On Dec. 8, firefighters in the eastern city of Gangneung encountered a most curious blaze: a motel basement crammed with hundreds of computer servers and overloaded electrical outlets.Local authorities

    December 14, 2017 07:00 am JST
  • Nikkei Asia300 Index gains as Chinese banks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, led by mainland lenders ahead of China's inflation data and U.S. Federal Reserve's policy decision.The Nikkei Asia300 Index advanced 0.4% to 1,379.83. China Construction Bank (CCB) r

    December 13, 2017 08:33 pm JST
  • Vietnam's FPT sees niche market for its self-driving tech

    HANOI -- Vietnam's leading information technology company FPT is accelerating its efforts to develop self-driving car technology. Acquiring strength in the field could let it carve out a niche supplying lower-end automakers around the globe in the b

    December 13, 2017 04:00 pm JST
  • Samsung woos rural Vietnamese with affordable smartphone plans

    HO CHI MINH CITY -- Samsung Electronics' Vietnamese unit has forged a strategic partnership to make its smartphone lineup -- including high-end models -- more competitive with Chinese brands in the countryside.Samsung Vietnam on Tuesday announced th

    December 13, 2017 03:40 pm JST
  • Cover story

    Religious extremism poses threat to ASEAN's growth

    YANGON/JAKARTA -- With Mt. Agung billowing volcanic ash into the sky above his home in Bali, Khairy Susanto was unsure if he could fly back after joining tens of thousands of fellow Indonesian Islamists at a rally near the presidential palace in Jak

    December 13, 2017 03:14 pm JST
  • Ugly social media wars fueling intolerance in Asia

    JAKARTA/YANGON -- An ugly new campaign against Muslims in Myanmar began around 2012 via social media, led by Buddhist supremacists and other anti-Muslim groups employing highly targeted attacks. One tactic involved posting photographs and addresses

    December 13, 2017 03:14 pm JST
  • Vietnam prosecutes former state rubber firm chairman amid corruption crackdown

    HANOI (Reuters) -- A former chairman of state-run Vietnam Rubber Group (VRG) and four other officials from its units have been issued with prosecution and probation orders for alleged violations of state rules, Vietnamese police said on Tuesday.Comm

    December 13, 2017 04:28 am JST
  • Nikkei Asia300 Index falls as investors await Fed policy

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Tuesday, halting a three-session winning streak, as investors awaited cues on outlook for U.S. interest rates.The Nikkei Asia300 Index declined 0.5% to 1,373.84 after climbing over 2% over the

    December 12, 2017 08:52 pm JST
  • ThaiBev unit sole bidder for over 25% of Vietnam brewer Sabeco

    HO CHI MINH CITY -- Vietnam Beverage, a local unit of Thai Beverage, was the only company to register a bid for over 25% of Saigon Beer Alcohol Beverage Corp., or Sabeco, as of 6 pm local time Monday, Vietnam's Ministry of Industry and Trade said. V

    December 12, 2017 12:19 pm JST
  • Southeast Asia ready to embrace blockchain

    Southeast Asian central banks have a cautious stance on the rise of cryptocurrencies but adoption of the underlying technology, blockchain, appears inevitable.Speculative investment in cryptocurrencies doesn't pose systemic risks but greater regulat

    December 12, 2017 11:00 am JST
  • South Korea joins Asian trend as it mulls ban on bitcoin

    SEOUL -- The South Korean Ministry of Justice is considering imposing a total ban on trading in bitcoin, other cryptocurrencies and digital tokens in order to protect individuals from potential scams, a ministry official told the Nikkei Asian Review

    December 11, 2017 11:44 pm JST