Nikkei Asian Review

BASF plant to produce construction chemicals in Myanmar

Germany’s BASF is building a plant in Myanmar to produce chemicals for the booming domestic construction industry, and to fill a need for more advanced materials. “As Myanmar’s construction industry grows more sophisticated in its scope, which includes high-rise buildings, roadways and bridges, the requirement ...

Japan to end preferential tariffs for China, four others

Japan has proposed stricter tariff rules that would knock five trading partners including China and Mexico off the list of countries receiving preferential treatment for emerging economies.​​ A finance ministry customs committee said on November 24 that the list of nations qualifying for zero or minimal ...

Vietnam withdrawal clouds future of Japan's nuclear exports

Japanese manufacturers of nuclear power plants likely will be forced to re-evaluate their export strategies as Vietnam scraps plans to build its first reactors and delays overshadow a project in Turkey. Hanoi’s decision was a major blow to Mitsubishi Heavy Industries, which had been expected to ...

Abe vies with China for influence over ASEAN gateways

The warm welcome afforded Myanmar’s de facto leader, Aung San Suu Kyi, here on November 2 underscores Japanese Prime Minister Shinzo Abe’s eagerness to counter Chinese overtures to a country, like the Philippines, of great geopolitical importance in Southeast Asia. Abe greeted Suu Kyi at the ...

Formosa Plastics taps India, Southeast Asia for growth

Taiwan’s Formosa Plastics, the island’s largest maker of key plastic materials, on Tuesday said it wanted to aggressively expand in India, Southeast Asia, Middle East, and Africa to lower its dependence on China, which has been mired in a prolonged supply glut. “We are aiming to ...

Life of the Salween highlights Southeast Asia's dam concerns

To reach this village, you leave Mae Sariang in northwestern Thailand and drive a couple of hours along winding roads carved into the sides of valleys before reaching a landing on the wide, fast flowing Salween river. You take the steps down a muddy bank to ...

Chile to boost exports by targeting Asian middle class

Chile, one of the major trading nations in South America, has relied heavily on exports of minerals, mainly copper. As falling copper prices have taken a toll on the nation’s economy, it is shifting its focus to exports of agricultural, forestry and fishery products, as ...

European companies plan to up trade, investment in ASEAN

Most European companies will increase trade and investment in an integrated Association of Southeast Asian Nations over the next five years, according to a survey, although many also expressed frustration at existing trade barriers. The 2016 EU-ASEAN Business Sentiment Survey showed that 85% of European respondents ...

ASEAN to become world's No. 4 economy by 2030: Laos PM

A new economic order will emerge by 2030, with Southeast Asia taking on a central role, Laotian Prime Minister Thongloun Sisoulith told business leaders in his nation’s capital on September 5. “Studies have shown that the ASEAN economy is expected to grow at 7% per annum, ...

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