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July 12th, 2018

Stealing the spotlight

‘Stealth’ companies shine in this year’s ranking of Asia300 power performers

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The Big Story

'Stealth' companies steal the spotlight in this year's Asia300 ranking

Suppliers quietly build fortunes while consumer brands enjoy a spending boom

Taiwan's Largan Precision has provided camera lenses for every iPhone since the gadget debuted in 2007.
India's Sun Pharmaceutical Industries is facing trouble on two fronts: price erosion and regulatory scrutiny.
The Big Story

China's appetite for infrastructure investment creates big winners

Indian drugmakers are among the biggest losers in this year's list

Xiaomi founder and Chief Executive Lei Jun describes the technology company as a "new species" not comparable to others. (Photo by Koko Chung)
Company in focus

Xiaomi is in a class of its own, founder claims

Chinese smartphone upstart challenges market analysts ahead of stock listing

A man watches Thai Prime Minister Prayuth Chan-ocha during his weekly TV broadcast in Bangkok.
Companies

Ailing Thai media grow dependent on junta's financial support

Newspapers and TV networks struggle to maintain credibility

HNA Group grew out of Hainan Airlines to become one of China's most acquisitive conglomerates.
Companies

HNA deal-maker's death rocks shares and group's future

Wang Jian was central to offloading Hilton and Deutsche Bank stakes

Samsung Electronics is expected to release foldable smartphones next year with flexible displays supplied by affiliate Samsung Display. (Courtesy of Samsung Display)
Asia300

Samsung counts on foldable smartphones for 2019 profit recharge

Flexible displays that allow for larger screens could give boost to sagging revenue

Bkav's Bphone is displayed at the company's plant in Hanoi.
Companies

Vietnam smartphone makers break from Samsung empire

Domestic brands challenge global majors with low-priced models

Maruti Suzuki India, which has its corporate office in New Delhi, entered the Indian market in 1982.
Business trends

Now 88 years old, Suzuki chairman sets goals for year 2030

Company aims to sell 5 million cars in Indian market alone

Chinese investors have purchased many vineyards in the French region of Bordeaux.
Business trends

Vineyard seizures highlight French worries about Chinese investments

Police investigate suspicions of money laundering in purchases of Bordeaux chateaux

A Jollibee restaurant in Manila. (Photo by Ken Kobayashi)
Asia300

Jollibee seeks Mexican fast-food chain in global expansion drive

Philippines' quick-serve restaurant leader wants deeper US presence

We are currently facing numerous challenges to the business, namely intensifying competition, increasing costs, cautious enterprise spending as well as increasing regulatory pressures
Nikkei Markets

Telekom Malaysia cuts revenue, capital expenditure aims for 2018

Intensifying competition, rising cost, clients' tepid spending pressuring income

The Google logo is seen on a HTC smartphone. 2,000 engineers have already moved to Google following the sale of a unit in January.
Companies

Taiwan's HTC to cut 1,500 jobs

Smartphone vendor reduces 20% of staff as Asian rivals deal body blows

Indian Prime Minister Narendra Modi's diplomatic outreach extends not only to the U.S. and China but also to Southeast Asia. (Getty Images)
Asia Insight

India's new 'Modi doctrine' straddles the US-China divide

PM abruptly changes diplomatic tack to shape the Indo-Pacific order

Cambodia's Prime Minister Hun Sen greets garment workers during a visit to the Phnom Penh Special Economic Zone.
Hun Sen's Cambodia

Garment workers pressured to vote in looming Cambodia elections

Voters apathetic after opposition party outlawed; turnout will hint at legitimacy

Women walk past a portrait of Najib Razak during the United Malays National Organization general assembly in December 2017.
Malaysia in transition

Najib's corruption charges taint Malaysian political dynasty

Former leader's family faces 1MDB fallout as arrest lifts hope for transparency

Shipping containers are being loaded onto a ship from Shanghai at the Port of Long Beach in California.
Trade war

US-China trade war jolts global industry

Higher costs for producers force hard choices on prices and procurement

Steel pipes are prepared for export at a port in Lianyungang, Jiangsu Province, in eastern China.
Economy

China growth to slow to 6.6%, economists say

Trade tensions to knock off 0.3 point from last year's growth

Workers assemble steel bars at a construction site in India. PMI respondents cited steel as one of the main items subject to upward price pressure. (Getty Images)
Economy

Inflation hits Asian manufacturers despite monetary countermeasures

PMI readings for June suggest further interest rate hikes may be in order

New York's latest health inspection results show Asian restaurants have performed 13.4% worse since 2017, compared with the period before that year.
Datawatch

New York's Asian restaurants fare poorly in health inspections

Eateries risk scaring away diners as their grades slip

China needs to allow freer flows of information to foster better development of advanced technology.
Opinion

China's new research rules will shackle Xi's innovation drive

Push for high-tech prowess requires sharing of scientific data

Signs of modern prosperity are common even in parts of India known to be among the poorest, such as the state of Uttar Pradesh. (Hindustan Times/Getty Images)
Opinion

India's post-poverty challenge

The poor now mostly have enough food, but need better clinics, schools and administrators

Fukuoka City in western Japan has seen population increases, economic growth and a surge in start-ups, including by foreign business people.
Opinion

Japan's regions must bypass Tokyo and go global

The tech revolution offers a chance to revive declining local economies

Will U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, continue to chose escalation over dialogue?
The Nikkei View

The US and China must stop their dangerous game of trade chicken

With the global economy at stake, it is time to ease tensions through dialogue

The "Wu Shu Girl" mural painting by Ernest Zacharevic decorates a building facade along tourist enclave Muntri Street. (Photo by Kit Yeng Chan)
Arts

George Town marks UNESCO anniversary amid debate

Conservationists seek development rethink in Malaysian heritage city

From left: Youngest sister Matina Sukhahuta, Sretsis' jewelry designer; eldest sister Klyduen, the label's marketing director; and Pimdao, who serves as creative director.
Life

Thai sisters' fashion label sells the stuff of daydreams

Sretsis' flowery motifs and confluence of influences attract fans across generations

"Bestiarium" -- an Indian temple lion transformed by artist Konstantin Bessmertny (Courtesy of Konstantin Bessmertny)
Arts

Russian-born painter adds bite to Macau art scene

In China's casino capital, Konstantin Bessmertny takes the biggest risks

Japan has imposed new requirements under which homeowners can rent out their properties for only 180 days a year and must register for a license.
Tea Leaves

In Japan, Airbnb is rubbish

Cultural quirks pose a threat to short-term rentals