VP Bank is set to close its Hong Kong office after the resignations of its Asia chief executive and chief operating officer. 
Wealth Management

Liechtenstein's VP Bank to exit Hong Kong after 18 years

CEO Pamela Hsu Phua and COO Heline Lam resign; Singapore office to focus on Asia

16 August 2024
AI startups are requiring larger investments to remain competitive. (Nikkei montage/Photos from SoftBank, Hanwha, SK networks website)
Artificial intelligence

SoftBank, SK, LG, and Hanwha to join AI startup fund

Asian conglomerates team up to meet growing need for quick cash

16 August 2024
Creattura is helping rice farmers in the Philippines cut methane emissions from their paddies. (Creattura)
Climate Change

Philippine carbon credit project to reduce methane from rice paddies

Japan climate solutions firm Creattura eyes expansion to rest of Southeast Asia

16 August 2024
Grab accounted for 54% of ASEAN’s food delivery gross market value in 2023. (Photo by Dylan Loh)
Technology

Singapore's Grab sinks after group misses revenue forecast

Nasdaq-listed superapp provider struggles to shore up investor confidence

16 August 2024
Vietnamese President To Lam attends a press briefing at the Presidential Palace in Hanoi on June 20. (Pool photo via Reuters)
International relations

Vietnam's top leader to visit China from Sunday

To Lam meeting with Xi Jinping to strengthen Communist nations' ties

15 August 2024
Paetongtarn Shinawatra, the leader of Thailand's ruling Pheu Thai Party and a daughter of former Prime Minister Thaksin Shinawatra, speaks to reporters during a press conference in Bangkok on Aug. 15. (Photo by Adryel Talamantes)
Turbulent Thailand

Thai ruling coalition backs Paetongtarn Shinawatra for prime minister

Conservative allies unite behind Thaksin's daughter in bid for stability

15 August 2024
The central bank's monetary board has two more meetings scheduled for this year.
Economy

Philippine central bank cuts rates for first time in four years

Bangko Sentral ng Pilipina chief hints at more easing ahead despite inflation

15 August 2024
Chinese Foreign Minister Wang Yi, left, meets with Myanmar's military chief Min Aung Hlaing in Naypyitaw on Aug. 14.
Myanmar Crisis

China's Wang Yi urges war-torn Myanmar to seek 'political reconciliation'

Top envoy meets regime leader Min Aung Hlaing, calls for 'resuming democratic transition'

15 August 2024
Thailand's Constitutional Court on Wednesday ousted Prime Minister Srettha Thavisin from his post, citing a serious ethics violation. (Nikkei montage/Source photos by Ken Kobayashi and Getty Images)
Opinion

Thai PM Srettha is out. Was this constitutional overreach?

Court blurs line between legal adjudication and political maneuvering

15 August 2024
Iseki looks overseas as the domestic market for farm equipment shrinks.
Companies

Indonesia to produce 90% of Japan's Iseki farm machines for export

Japanese tractor maker shifts production as domestic demand wanes

15 August 2024
Flags of ASEAN member nations are seen. Japan aims to counter Chinese influence in the region.
Supply Chain

Isuzu, Sojitz to join Japan's ASEAN chip, EV supply chain push

15 companies to receive subsidies to build operations in Philippines, Vietnam, Thailand

15 August 2024
Dismissed Prime Minister Srettha Thavisin speaks to reporters after the Constitutional Court's verdict on Aug. 14.
Politics

Thai Constitutional Court removes PM Srettha Thavisin from office

House of Representatives to select new prime minister on Friday

14 August 2024
China's Foreign Minister Wang Yi is expected to hold talks with Myanmar's military regime officials on Wednesday. 
International relations

China's top envoy to meet military regime officials in Myanmar

Wang Yi's trip to region comes as wary Beijing pushes Naypyitaw to restore stability

14 August 2024
The new Techo Takhmao International Airport, under construction outside Phnom Penh on March 12. (Photo by Hiroki Endo)
Transportation

Cambodia resolves Phnom Penh airport tensions with new rights grant

France's Vinci to operate capital's new Chinese-built international gateway

14 August 2024
Workers construct a pedestrian walkway near the State Palace and the eagle-shaped Garuda Palace in Indonesia's new capital Nusantara on Borneo.
Business trends

Indonesia's new capital Nusantara attracts increased investor interest

Prabowo asserts support for project amid private sector doubts

14 August 2024
Amid surging labor demand in an AI boom, Vietnam aims to train at least 50,000 chip engineers and designers by 2030 as industry giants look to offset severe staff shortages in their home markets. (Illustration by Yoshiko Kawano)
The Big Story

Vietnam turns chip sector magnet with affordable, quality talent pool

US, Taiwan, South Korean players beat path to Vietnam though boom strains resources

14 August 2024
The employee of Japanese retail chain Aeon was released immediately after sentencing. (Nikkei)
Myanmar Crisis

Myanmar's release of Aeon exec signals struggle to retain investment

Military government wants to appear tough on inflation while propping up economy

14 August 2024
Singapore e-commerce and gaming group Sea released second-quarter earnings on Aug. 13.
Technology

Shares in Singapore's Sea soar 11% on raised guidance

Tech group expects value of goods sold by shopping platform Shopee to grow 20% in 2024

14 August 2024
NagaWorld in Phnom Penh. A suspended Russian project is weighing on the Cambodian casino group. (Photo by Masayori Ishikawa)
Media & Entertainment

Cambodia's NagaCorp flags up to $95m charge on Russia casino project

Stalled Vladivostok resort threatens to push company into the red

13 August 2024
President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
Equities

Philippine exchange chief backs rate cuts to spur IPOs

Central bank halfway to new listing target set for 2024

13 August 2024
A shopper walks down an aisle at an Aeon Orange supermarket in Yangon.
Myanmar Crisis

Myanmar releases detained Japanese executive after sentencing

Military neither explains decision nor gives Hiroshi Kasamatsu's whereabouts

13 August 2024
Singapore's economy grew 2.9% in the April-June quarter from a year earlier. (Photo by Ken Kobayashi)
Economy

Singapore upgrades full-year GDP growth forecast to 2-3%

Trade ministry says manufacturing sector will recover gradually in second half

13 August 2024
Philippine Coast Guard personnel, right, salute a Vietnam Coast Guard vessel during their joint drills conducted in Manila Bay on Aug. 9. (Photo by Ramon Royandoyan)
South China Sea

Philippines-Vietnam drills show ASEAN a solution to China

Big step as partners cooperate in South China Sea without presence of U.S. or Japan

13 August 2024
The dollar is coming down from a prolonged period of strength, boosting Asian currencies. (Photo by Akira Kodaka)
Currencies

Ringgit, baht gain against dollar on speculation of U.S. rate cut

Asian central banks seen weighing own moves as inflationary pressures ease

13 August 2024
The Disney Dream cruise ship docks at an island in the Bahamas. The group has five vessels in its current fleet. (Photo obtained by Nikkei)
Travel & Leisure

Disney takes its cruise ships to Singapore, Japan in major expansion

Fleet will more than double by 2031 with new operations in Asia

13 August 2024