Japanese businesses view Southeast Asia as key to growth

Dec 14, 2013

Japanese businesses view Southeast Asia as key to growth

Japanese corporate leaders Saturday emphasized the importance of Southeast Asian markets for the growth of the country’s companies during a meeting with leaders of the Association of Southeast Asian Nations. “Japan’s economic circles will continue to deepen economic exchanges with ASEAN,” Hiromasa Yonekura, chairman ...

Japan, ASEAN tie up on flight rights

Dec 14, 2013

Japan, ASEAN tie up on flight rights

by Mizuho Aoki

Japan and the Association of Southeast Asian Nations agreed Saturday to bolster cooperation on ensuring “the freedom of overflight and civil aviation safety,” alluding to the risks posed by China’s new air defense identification zone over the East China Sea. In a joint statement ...

Myanmar's capital less of a ghost town

Dec 14, 2013

Myanmar's capital less of a ghost town

by Denis D. Gray

Watched around the clock, pampered and bathed twice a day, five white elephants are munching on choice greenery in Myanmar’s vast, remote and surreal capital. Above them soars a shimmering gold-plated pagoda. From ancient times, Myanmar’s rulers regarded these rare albino animals as sacred ...

Dec 13, 2013

Japan to announce ¥20 billion for ASEAN cultural exchanges

Prime Minister Shinzo Abe will announce at a regional summit this weekend that Japan will extend ¥20 billion in official development assistance to promote cultural exchanges ASEAN, a government source said. Abe will unveil the aid during the summit with the Association of Southeast ...

South Korea key rival wooing ASEAN tourists

Dec 12, 2013

South Korea key rival wooing ASEAN tourists

In an effort to compete better with South Korea in drawing tourists from Southeast Asia, Japan has been stepping up exports of pop culture content to the region and easing visa requirements for people there. A weakening of the yen is also boosting Japan’s ...

Malaysia's Najib, Abe discuss China air zone

Dec 12, 2013

Malaysia's Najib, Abe discuss China air zone

by Reiji Yoshida

Malaysian Prime Minister Najib Razak, during talks Thursday with Prime Minister Shinzo Abe, showed his “understanding” of Japan’s deep concern over China’s newly declared air defense identification zone in the East China Sea, a Japanese official who attended the meeting said. Najib and Abe ...

Dec 10, 2013

JETRO to open office in surging Laos

With Laos posting economic growth of 6 to 8 percent in recent years, a growing number of Japanese companies have invested in the country as a “Plus-One” location to avert the risk of concentrating too much in neighboring Thailand and China. Surging labor costs ...