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August 23rd, 2018

Jollibee’s big appetite

The Philippines’ most popular fast-food company aims to conquer the world

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The Big Story

Can Jollibee take a bite out of the global fast-food market?

Acquisitions on the menu as Philippine company aims to crack into global top 5

Philippine-based Jollibee is looking to expand its presence in the U.S.  (Photo by Cliff Venzon)
Jollibee founder and Chairman Tony Tan Caktiong aims to turn the Philippine chain into a top five global player. (Photo by Keiicihro Asahara)
The Big Story

How Jollibee's founder is building a fast-food empire

Chairman Tony Tan Caktiong lets his experience -- and taste buds -- guide him

A still from the film "Crazy Rich Asians": Based on Kevin Kwan's best-selling novel by the same title, the movie has struck a chord with Asian-Americans.
The Big Story

Asian-Americans splinter the 'bamboo ceiling'

Activist voices bring change, from Hollywood's 'Crazy Rich Asians' to the boardroom and voting booth

Samsung employees greet the audience at the company's Galaxy Unpacked launch event for the Galaxy Note 9 in New York on Aug. 9.
Company in focus

Samsung's Galaxy empire in crisis

Amid strong competition from Chinese rivals, smartphone leader looks for innovation

Mukesh Ambani, chairman of Reliance Industries, at an event in Mumbai last year to mark 100 million Reliance Jio customers. His aim in the next "golden decade," as he describes it, is to extract at least half of the company's revenues from consumer businesses, including telecom.
Company in focus

For Reliance Industries, consumer data is the 'new oil'

Indian conglomerate's transformation centers on telecom business

Soccer shoes for sale at a Mizuno shop in Hanoi. Vietnam has become a major production base for contract shoemakers.
Business trends

Trade war fuels Taiwanese producers' withdrawal from China

Southeast Asia, India and even US benefit as increased taxes add to wage concerns

Tencent's booth is pictured at the Global Mobile Internet Conference in Beijing.
Economy

Tencent shock: Beijing's tighter grip leaves game sector in cold

Tech giant takes hit as Communist Party turns focus to social ills

AirAsia Group Chief Executive Tony Fernandes outlines the company's ambitions to serve the U.S. and Europe, using Nagoya as a possible transit hub. (Photo by Tsuyoshi Tamehiro)
Business

AirAsia aims to fly to US West Coast via Japan by 2020

CEO says he hopes to use Nagoya as transit hub for new long-haul routes

The spinoff company, to be named PTT Oil and Retail, will include the Thai energy group's 1,500 gas stations nationwide.
Asia300

Thai energy group PTT shuffles assets ahead of retail arm listing

Gas station arm 'on track' for Bangkok IPO, chief executive says

Foxconn drew about 50% of its quarterly revenue from Apple.
Asia300

Foxconn earnings miss market forecast despite Apple's strength

Analysts call trade war the biggest uncertainty amid iPhone peak season

Tata Steel has been aggressively circling some of distressed assets in India in a bid to beef up its domestic capacity and bridge the gap with larger rival JSW Steel. 
Companies

Tata Steel piles up record debt as acquisitions are back on radar

After Bhushan Steel's takeover, company's debt reaches $15 billion

Stream article image
Asia Insight

Suspected China cyberhack on Singapore is a wake-up call for Asia

Asia-Pacific nations lag American and European counterparts in hack detection

Philippine President Rodrigo Duterte says his proposed new charter would strengthen democratic institutions and provide equal opportunities nationwide. (© Nikkei montage)
Asia Insight

Duterte's federal Philippines dream raises 'fiscal nightmare' fears

Hopes for rural prosperity clash with concerns over deficit and hyperinflation

Japanese Prime Minister Shinzo Abe has said he would sit down with North Korean leader Kim Jong Un. 
N Korea at crossroads

Japan weighs $10bn in North Korea aid to spur return of citizens

Tokyo's trump card of economic assistance will follow normalization of relations

The former Indian prime minister was known as a charismatic leader and orator.
Politics

Obituary: India's Vajpayee worked to improve Pakistan ties

Former prime minister was a moderate in the right-wing BJP

A number of Asian countries are setting up projects to attract fintech and cryptocurrency startups.
Cryptocurrencies

Asian countries vie to set up region's 'crypto valleys'

Philippines, South Korea and Thailand ease regulations to lure fintech investment

Indra Nooyi, who is stepping down as PepsiCo CEO, has been the posterchild of possibilities for women in India.
Opinion

Indian women will struggle to follow PepsiCo boss Indra Nooyi

Despite reforms, many barriers remain to female empowerment in business

Indonesia's presidential candidate Prabowo Subianto, left, will likely focus on foreign business as an election issue as he runs against President Joko Widodo (Source photos by AP)
Opinion

Economic nationalism eclipses Islam as key Indonesian election issue

Surprise running mate choices change presidential campaign outlook

Charisma helped Imran Khan win Pakistan's election, but will it help the new prime minister confront the country's stark political and economic realities? (Reuters)
The Nikkei View

Towering hurdles for Pakistan's new government

Massive debt, IMF pressure and diplomatic tightropes threaten Imran Khan's populist pledges

Bar with bar stools by OEO for Brdr Krüger, and lights by Kaikado
Life

Height of taste

Japan's capital is home to a new restaurant from the team behind Noma; we tested the flavor of its aesthetic fusion

Crossing through the border gate of Voeung Kam, the only land border between Laos and Cambodia, can involve some unexpected costs. (Photo by Marco Ferrarese)
Tea Leaves

Graft is alive and well on Asia's 'badland' borders

Travel hassles along national boundaries drag on regional development