Malaysian Economy Minister Rafizi Ramli speaks to Nikkei Asia during an interview in Kuala Lumpur. (Photo by Norman Goh)
Interview

Malaysia aims to lure overseas venture capital to spur startups

Economy minister says such funding is key to sector's development

11 May 2024
China accounts for half of the world’s steel production, and exports a third of its steel to Southeast Asia. (Photo by Tomoko Wakasugi)
Trade

Thailand considers new anti-dumping measures against Chinese steel

Southeast Asia braces for supply glut from imports and too much domestic capacity

10 May 2024
Persistent inflation has led central banks to refrain from cutting interest rates, increasing pressure on borrowers servicing payments and on banks' payouts to depositors.
Finance

ASEAN banks grapple with uncertain U.S. Fed interest rate cuts

From loan stresses to payouts, lenders manage murky financing prospects

10 May 2024
Food prices have risen in Philippine fresh markets as El Nino hurts agriculture.  
Economy

Philippine GDP expanded 5.7% in Q1 but headwinds persist

Inflation, up for third consecutive month, hampers 2024 growth prospects

9 May 2024
An auto parts factory in the Indian state of Rajasthan on April 29. India is becoming a more important link in global supply chains. (Photo by Shinya Sawai)
Supply Chain

India and ASEAN rise in supply chain priority, global survey shows

Poll of 150 executives suggests China and U.S. remain vital for businesses

9 May 2024
A woman sells food at a market in Yangon, Myanmar. Food prices have soared by more than 50% over the past year. (Photo by Nikkei)
Myanmar Crisis

Myanmar's public struggles with inflation as currency tumbles

Local demand for dollars drives kyat lower as draft-age youths flee country

9 May 2024
Laos' weakening currency threatens faster food price inflation. (Photo by Kenya Akama)
Economy

Laos, other debt-laden Asia-Pacific nations under pressure from strong dollar

ADB boosts funding for vulnerable countries amid debt trap fears

7 May 2024
People wait to break their fast during the holy month of Ramadan in Jakarta on March 13: Household spending lifted Indonesia's economy in the first quarter, the central bank said.
Economy

Indonesia's GDP growth accelerates to 5.11%, beats economist forecasts

Consumption climbs 4.91%, buoyed by spending during mammoth elections

6 May 2024
A woman tries to cool down in the Philippines in April 2024. People around Asia should expect more scorching weather as the year unfolds. 
Climate Change

Asia braces for more extreme weather like 2023, world's hottest year

Health fallout set to worsen as severe heat, dryness and rain have already hit region

6 May 2024
Natural disasters like floods pose a growing threat to Southeast Asian countries.
Natural disasters

ASEAN and partners take aim at disaster insurance protection gap

SEADRIF initiative aims to reduce uninsured losses in Southeast Asia

3 May 2024
Taiwanese on March 18, 2024 commemorate the Sunflower Movement, which has left a deep impression on the island's political life that will be felt by President-elect Lai Ching-te, set to be inaugurated May 20. (Photo by EPA=Jiji)
Asia Insight

Taiwan's Sunflower protest legacy looms large for incoming president Lai

New generations build pressure for change 10 years after movement paved way for DPP wins

30 April 2024
Overseas Cambodian Investment Corporation has engaged Singapore’s Changi Airports International and SIA Engineering for projects at Phnom Penh's future main airport. (Courtesy of OCIC)
Business trends

Cambodian conglomerate lures ASEAN money to drive nation's growth

OCIC partners with Singapore and Thai brands in aviation, retail and more

29 April 2024
Busan port, South Korea: The U.S. has overtaken China as the country's largest export market. (Yonhap via AP)
Opinion

China is buying less from its Asian neighbors, too

Yet its exports are still rising, raising pressure on local manufacturers

29 April 2024
The same province that attracts tourists from around the world to Halong Bay is beginning to attract big manufacturers to its relatively cheap industrial parks.
Business trends

Vietnam's tourism hot spot becomes foreign investment hub

U.S.-China conflict and new infrastructure give rise to northern Quang Ninh province

28 April 2024
General Secretary Nguyen Phu Trong has embarked on a campaign to eradicate corruption.
Politics

Vietnam's top ousters leave Hanoi rudderless on economy

'Four Pillars' of government reduced to two in anti-corruption drive

28 April 2024
A clerk prepares Indonesian rupiah bank notes at a money-changer in Jakarta.
Economy

Indonesia hikes key interest rate to 6.25% as rupiah slumps

Central bank to continue interventions to maintain currency stability

24 April 2024
Lawrence Wong, the 51-year-old deputy prime minister of Singapore, will succeed Prime Minister Lee Hsien Loong on May 15. (Nikkei montage/Source photos by Ken Kobayashi, Mayumi Tsumita and Reuters)
Asia Insight

Lawrence Wong, Singapore's next PM, seeks growth in 'troubled world'

From falling births to regional hub race, challenges will mount after May handover

23 April 2024
A Filipino soldier practices holding a weapon as part of annual US-Philippines joint military exercises held in April 2023.
Your Week in Asia

Philippine-U.S. drills, South Korea GDP, Beijing revives auto show

Your weekly lineup of Asia's biggest business and political events

21 April 2024
Zafrul Aziz, Malaysia's minister of investment, trade and industry. (Photo by Hiroki Endo)
Semiconductors

Malaysian trade minister touts 'neutrality' to grow chip industry

Zafrul says 'earthquake-free' location also attractive for multinationals

21 April 2024
Australian Prime Minister Anthony Albanese, fourth from left, poses for a photo with ASEAN leaders at the ASEAN-Australia Special Summit in Melbourne on March 5. 
Comment

Australia shifts focus from ASEAN to individual Southeast Asian nations

Move reflects new international political and economic realities

21 April 2024
Tokyo stocks lost 3.4% at one point in morning trading on April 19 as other Asian bourses also declined.
Markets

Asian stocks fall as concern over Middle East spurs selling

Nikkei and KOSPI down by 3%; yen strengthens, other currencies weaken

19 April 2024
People gather at a restaurant in Hanoi: Euromonitor estimated deliveries at 8% of Asia's food service market in 2018, rising to 21% in 2023. 
Food & Beverage

Southeast Asia restaurants lose out as COVID delivery habit persists

Apps like Grab, Shopee gain users who no longer eat out, data shows

19 April 2024
Finance Minister Sri Mulyani Indrawati's drive against corruption and her measures to improve state finances have had positive effects across Indonesia. (Pool via Reuters)
Opinion

Indonesia's next finance minister will have big shoes to fill

Prabowo's spending plans would put fiscal targets at risk

19 April 2024
Holiday revelers in Mumbai. India is forecast to grow at 6.8% this year -- the fastest pace of any major economy.
Economy

Asia to drive 60% of global GDP growth in 2024, led by India: IMF

U.S. monetary policy and geoeconomic fragmentation pose external risks

19 April 2024
Sojitz has signed a $290 million contract with Jakarta Mass Rapid Transit to extend the Indonesian capital's subway system. (Photo by Ken Kobayashi)
Transportation

Indonesia awards Jakarta MRT extension project to Japan's Sojitz

Trading house to work with India's L&T on the $290m construction

18 April 2024