China no match for Japan in Southeast Asia infrastructure race

Business Jun 23, 2019

China no match for Japan in Southeast Asia infrastructure race

Japan is still winning the Southeast Asia infrastructure race against China, with pending projects worth almost one and a half times its rival, according to the latest data from Fitch Solutions. Japanese-backed projects in the region's six biggest economies — Indonesia, Malaysia, Philippines, Singapore, Thailand ...

Asia Pacific Jun 16, 2019

Papua New Guinea vows to get rich in a decade

Papua New Guinea's new prime minister has an ambitious — cynics would say far-fetched — objective of turning one of the world's poorest countries into the "richest black nation" on Earth in just a decade. If national economies were like soccer teams, Papua New Guinea ...

Japan to restrict foreign investment in IT firms

Business May 28, 2019

Japan to restrict foreign investment in IT firms

The government will expand its national security restriction on foreign investors acquiring shares in Japanese firms by adding information technology-related firms in August. The move is aimed at preventing the outflow of sensitive information and technologies to other countries, including China. The announcement Monday followed a ...