Southeast Asia

Make Asia's wealth work harder for its poor

Make Asia's wealth work harder for its poor

Six years ago, the term impact investing had yet to even be coined, much less developed into the viable opportunity for investors that it is today. Since then, hundreds of millions of dollars have flowed from US and European investors seeking both financial and social impact.

Wednesday, 20 March, 2013, 3:11am

SE Asia ratings are wrong, say investors

Debt stood at 25 per cent of gross domestic product in Indonesia, rated junk by S&P, compared with 126 per cent in Italy, ranked three levels higher. Photo: AFP

The bond market is telling Moody's Investors Service and Standard & Poor's that they've got it wrong in rating sovereign debt in Southeast Asia.

12 Mar 2013 - 6:42am

South China Sea's history of boundary changes must not be forgotten

Malaysian Prime Minister Najib Razak rejected a ceasefire offered by a Philippine sultan after his followers clashed with Malaysian troops over a land claim in the eastern state of Sabah. Photo: EPA

It might have been comic were people not being killed, with the Malaysian government using excessive aerial and ground firepower against a ragtag bunch of "invaders". But the bizarre incursion into the east Malaysian state of Sabah by some 200 followers of the Philippine-based Sultan of Sulu was a reminder of how many issues left over from history can suddenly spring back to life to be exploited by contemporary politicians.

10 Mar 2013 - 2:52am 6 comments

Manila's lonely path over South China Sea

The Pagasa Island in the Spratlys, known as the Nansha Islands in China. Photo: Reuters

It is probably just as well that Philippine lawyers and officials spent months quietly working out the strategy and legal steps required to force China to UN arbitration over the South China Sea. For, nearly three weeks after Manila launched its unprecedented action, it is increasingly clear that theirs will be a lonely road.

12 Feb 2013 - 2:45am 1 comment

More Hong Kong companies expected to quit Pearl River Delta

The Federation of Hong Kong Industries says the city's economy should enjoy growth of up to 4 per cent this year. Photo: EPA

The Pearl River Delta, once regarded as the factory to the world, will lose 10 per cent of its Hong Kong-owned factories over the next two years.

The warning came from Stanley Lau Chin-ho, a deputy chairman of the Federation of Hong Kong Industries, who added that in the past few months, several factories making watch components had closed down.

11 Jan 2013 - 3:56am

Schemes lure more Asians to retire in Southeast Asia

Japanese retiree Shigeru Tanida, 65, teaches karate in Kuala Lumpur, where he has lived since 2006, drawn by the lower costs. Photo: AFP

Like many mothers, Ritsuko Kawasaki fretted over the health and safety risks of remaining in Japan after last year's quake, tsunami and nuclear disasters.

24 Dec 2012 - 5:06am

Bloomberg TV to step up 'big push' into Southeast Asia

Bloomberg Television, the 24-hour global network broadcasting division of financial information giant Bloomberg, plans to step up the establishment of new partnerships next year in Southeast Asia.

The company, which has its Asia-Pacific headquarters in Hong Kong, recently launched Bloomberg TV Mongolia, a partnership with that country's Trade and Development Bank.

17 Dec 2012 - 5:31am

How they see it, November 25, 2012

21st Association of Southeast Asian Nations (ASEAN) Summit and related summits, in Phnom Penh, Cambodia. Photo: Xinhua

1. Global Times

25 Nov 2012 - 2:06am

Letters to the Editor, November 18, 2012

CLP's solar panels on Town Island. Photo: David Wong

Hard-working expats add vitality to city

In his column Jake van der Kamp says expatriates who can't afford to send their children to an expensive international school should go home ("ESF sense of entitlement an antiquated school of thought", November 11). Hong Kong would lose nothing, he says.

I have no children, but I beg to differ.

18 Nov 2012 - 3:49am

Obama's Asian trip delivers firm message

US President Barack Obama

For anyone doubting Washington's determination to push ahead with its strategic "pivot" back towards Asia amid China's rise, US President Barack Obama's diplomatic offensive in Southeast Asia this weekend will make for jarring reading.

16 Nov 2012 - 3:58am

Lagarde begins Southeast Asian tour

Lagarde will be visiting three countries in Asia. Photo: AFP

Fresh from yet another meeting in Brussels on Europe's debt crisis, International Monetary Fund (IMF) managing director Christine Lagarde yesterday kicked off a three-country tour of Southeast Asia, which is thriving after emerging from turmoil more than a decade ago.

15 Nov 2012 - 5:02am

Indonesia's strong economic growth lures property investment

Workers pack cosmetic products at a factory in Jakarta. Indonesia aspires to become an Asian manufacturing centre. Photo: Xinhua

With China's economic growth stalling and regulators there and in Hong Kong and Singapore trying to restrain their property markets, investors are turning their attention to Southeast Asia, and particularly Indonesia.

14 Nov 2012 - 3:22am

Myanmar welcomes Obama’s historic visit

Myanmar’s government says it “warmly welcomes” US President Barack Obama’s decision to visit the country this month, noting it will increase the momentum of democratic reform.

Obama will become the first US president to visit the once pariah nation, which is emerging from decades of military rule.

9 Nov 2012 - 3:06pm

Nusa Penida: paradise under siege

Nusa Penida: paradise under siege

"Patience, patience, patience," Nengah Sudipa says as we trudge through a sandy coconut grove on Nusa Penida, a limestone island lying a 45-minute boat ride east of Bali.

6 Nov 2012 - 10:10am

Fears run deep over China's rise

US Defense Secretary Leon Panetta (left) with China'a Defense Minister Liang Guanglie in Beijing.  Photo: AFP

Recent warnings from a former Japanese diplomat that the US has for years manipulated Japanese politicians, and their foreign policies, against China are being eagerly received in Beijing, stoking both paranoia and an increasingly lively propaganda script.

24 Oct 2012 - 7:14am 5 comments