Economy and commerce
Trade
Abe's belt and road pivot signals push to improve bilateral ties
Prime Minister Shinzo Abe’s conditional support for China’s Belt and Road infrastructure plan tells Beijing that Tokyo is ready to work toward warmer bilateral ties as the future of Asian security grows more uncertain. Abe praised the initiative’s “potential to connect East and West” in ...
Animal farms in Southeast Asia fuel an illegal trade in rare wildlife
The tiger paced back and forth in its cage, groaning mournfully. A second big cat slept soundly in the corner, while a third stared blankly at the bars. Next to this cage was another containing three more tigers, and after that three more cages: a ...
Hòa Phát to issue over 250 million shares
Steelmaker Hòa Phát Group (HPG) plans to issue over 250 million shares to raise capital for investment in the second phase of Hoà Phát Dung Quất iron and steel production complex. HPG will sell those shares at a price of VNĐ20,000 (US$0.8) per share, expecting ...
Rice farmers encouraged to plant maize after harvests
Low-land rice farmers will be encouraged to plant maize after rice harvests in an attempt to reduce high-land forest encroachment to clear land for maize cultivation. Agriculture Minister Chatchai Sarikalya said on Monday that, from his discussion with representatives of the animal feed manufacturers’ association, ...
Canada beats U.S. in pork sales to China - feet, elbows and all
Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market. Canada’s pork sales to China, after a sharp rise last year, exceeded ...
One belt, one road: China’s grand enterprise
Dubbed by some as a modern-day Marshall Plan, China’s One Belt, One Road (OBOR) initiative will build roads, ports and railway tracks along ancient trading routes to Asia, Europe, the Middle East and Africa. Launched in 2013 by President Xi Jinping, OBOR is a China-backed ...
After TPP: The Future of US-Japan Trade Relations
When Japanese Prime Minister Shinzo Abe met with U.S. President Donald Trump in February, they agreed to convene a bilateral economic dialogue – led by U.S. Vice President Michael Pence and Japanese Deputy Prime Minister and Finance Minister Taro Aso – to “[explore] cooperation across ...
Southeast Asia tends to defenses in South China Sea
With Vietnam welcoming foreign warships to a key port and the Philippines building on a disputed island, Southeast Asian nations are working to reinforce their South China Sea claims in the face of an increasingly assertive Beijing.Japan’s Izumo helicopter carrier — one of the country’s ...
China, India and the global auto industry's transformation
Zhejiang Geely Holding Group’s acquisition of a 49.9% stake in Malaysian automaker Proton Holdings from DRB-Hicom is unlikely to trigger an immediate change in the Southeast Asian market overall. Japanese automakers, particularly Toyota Motor, hold overwhelming shares in the region. South Korean automakers have been ...
ASEAN exports and consumption are up, but for how long?
One weekend in late May, car dealerships in Singapore’s Queenstown were packed with families and middle-aged couples hunting for new cars. Brochures in hand, a 50-year-old businessman had been visiting showrooms of upscale brands such as BMW and Volvo, looking for a second auto. Singapore ...
