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class="column-layout"> <p> TOKYO -- Singapore's private sector business activity entered into contraction territory for the first time since May 2015 in April, as the Nikkei Singapore Purchasing Managers' Index, or PMI, clocked in at 49.4, down from March's 52.0.A reading abo</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Viewpoints/Kavi-Chongkittavorn-Laos-new-leader-faces-big-challenges-at-home-and-as-ASEAN-chief">Kavi Chongkittavorn: Laos' new leader faces big challenges -- at home and as ASEAN chief </a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Viewpoints/Kavi-Chongkittavorn-Laos-new-leader-faces-big-challenges-at-home-and-as-ASEAN-chief"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/0425t/20160425_lao_leader.jpg/4403809-1-eng-GB/20160425_Lao_leader.jpg_medium_thumbnail.jpg" width="120" alt=""/></a> <p> The emergence of Thongloun Sisoulith as the new leader of the Lao People's Democratic Republic augurs well for the country's chairmanship of the 10-country Association of Southeast Asian Nations this year.Thongloun, who was elected prime minister on</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Malaysia-s-central-bank-slaps-the-state-s-investment-fund-with-a-fine">Malaysia's central bank slaps the state's investment fund with a fine</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/magazine/20160505-DEMOCRACY-DEFERRED/Politics-Economy/Malaysia-s-central-bank-slaps-the-state-s-investment-fund-with-a-fine"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160503_1mdb/4443983-1-eng-GB/20160503_1MDB_medium_thumbnail.jpg" width="120" alt=""/></a> <p> KUALA LUMPUR Days after Malaysia's state investment fund 1Malaysia Development Berhad missed an interest payment on a bond, it was dealt another blow in the form of a fine for flouting central bank directives.Bank Negara, the nation's central bank</p> <div class="date-area">May 5, 2016 12:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Sembcorp-Industries-profit-sinks-nearly-25-as-rig-orders-dwindle">Sembcorp Industries' profit sinks nearly 25% as rig orders dwindle</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Sembcorp-Industries-profit-sinks-nearly-25-as-rig-orders-dwindle"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/a300/singapore/sembcorp-industries-logo-2-thm/3647057-1-eng-GB/Sembcorp-Industries-logo-2-thm_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- Sembcorp Industries, the parent company of oil rig builder Sembcorp Marine, reported a 24.7% year-on-year decline in net profit for the first three months of 2016, to 107 million Singapore dollars ($78.8 million). The ailing rig segment</p> <div class="date-area">May 4, 2016 09:40 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/AC/DBS-net-profit-up-6-on-year-in-Q1-excluding-one-time-gains">DBS net profit up 6% on year in Q1, excluding one-time gains</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/AC/DBS-net-profit-up-6-on-year-in-Q1-excluding-one-time-gains"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160503_dbs/4444964-1-eng-GB/20160503_dbs_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- DBS Group Holdings, Singapore's largest lender by assets, expects loan growth to pick up in the latter half of 2016, as the decline in China-related trade loans starts to level off and nontrade loans continue to grow, according to CEO P</p> <div class="date-area">May 3, 2016 08:26 pm JST</div> </div> </li> <li> <div class="sub-title">Commentary</div> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Markets/Capital-Markets/Carla-Hoorweg-Building-an-Asia-wide-fund-market">Carla Hoorweg -- Building an Asia-wide fund market</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Markets/Capital-Markets/Carla-Hoorweg-Building-an-Asia-wide-fund-market"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0503t/20160503_apecfund/4444451-1-eng-GB/20160503_apecfund_medium_thumbnail.jpg" width="120" alt=""/></a> <p> The achievement of a broad Asia-Pacific free trade area may remain a far-off goal, but real progress is meanwhile underway in the funds industry.The Asia Region Funds Passport, an initiative of the Asia-Pacific Economic Cooperation forum, is set to </p> <div class="date-area">May 3, 2016 03:22 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Trends/Foreign-operators-battle-for-Asian-airports-amid-privatization-wave">Foreign operators battle for Asian airports amid privatization wave</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/Trends/Foreign-operators-battle-for-Asian-airports-amid-privatization-wave"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502n/0502n-siem-reap-airport/4441028-1-eng-GB/0502N-Siem-Reap-Airport_medium_thumbnail.jpg" width="120" alt=""/></a> <p> TOKYO -- Competition for Asian airports is heating up as privatization offers new opportunities, with experienced European airport operators seeking a bigger slice of an $80 billion market.Kansai Airports, a consortium led by Japanese rental company</p> <div class="date-area">May 3, 2016 01:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Politics-Economy/Policy-Politics/In-an-intense-campaign-overseas-Filipinos-prefer-Duterte">In an intense campaign, overseas Filipinos prefer Duterte</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Politics-Economy/Policy-Politics/In-an-intense-campaign-overseas-Filipinos-prefer-Duterte"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502t/20160502_philippines-vote-singapore/4440670-1-eng-GB/20160502_Philippines-vote-Singapore_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- Perched at the cashier's desk in MJ's Pinoy Shop in Singapore's Lucky Plaza, Janice Estrera's mind drifts back to her three children at home on Cebu island in the central Philippines, where they live with their grandparents."I would rea</p> <div class="date-area">May 3, 2016 10:00 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Trends/Southeast-Asian-telecoms-star-in-video-streaming-war">Southeast Asian telecoms star in video streaming war</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/Trends/Southeast-Asian-telecoms-star-in-video-streaming-war"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502t/20160502hooq/4440940-1-eng-GB/20160502HOOQ_medium_thumbnail.jpg" width="120" alt=""/></a> <p> JAKARTA -- More than three months after launching its video streaming service in Indonesia, U.S. based Netflix is still unable to access more than 150 million mobile phone subscribers of Telekomunikasi Indonesia, or Telkom, the state-owned telecommu</p> <div class="date-area">May 2, 2016 11:45 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Technogym-melds-physical-with-digital-in-view-to-wellness">Technogym melds physical with digital in view to wellness</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Technogym-melds-physical-with-digital-in-view-to-wellness"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201605/0502t/technogym2/4437523-1-eng-GB/technogym2_medium_thumbnail.jpg" width="120" alt=""/></a> <p> MILAN -- Athletes and the Brazilian authorities are not the only ones counting the days till the Rio Olympics. Corporations big and small are getting ready to show off their brands in one of the world's most celebrated sporting events. Italian fitne</p> <div class="date-area">May 2, 2016 07:24 pm JST</div> </div> </li> <li> <div class="sub-title">Interview</div> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Politics-Economy/International-Relations/ASEAN-needs-Schengen-like-system-top-Thai-business-school-head">ASEAN needs Schengen-like system: top Thai business school head</a></h2> <div class="column-layout"> <p> BANGKOK -- If Southeast Asian countries want to make their common market more effectively function as a pan-regional economy, they should accelerate the free movement of people, according to the head of the region's top business school.In an intervi</p> <div class="date-area">May 2, 2016 04:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Markets/Commodities/Gold-firm-near-15-month-top-as-dollar-extends-losses">Gold firm near 15-month top as dollar extends losses</a></h2> <div class="column-layout"> <p> SINGAPORE (Reuters) -- Gold traded near a 15-month peak on Monday as a tumble in the dollar and weakness in global equities pushed up the metal to near $1,300 an ounce. Spot gold was little changed at $1,292.27 an ounce by 0322 GMT, after climbing t</p> <div class="date-area">May 2, 2016 01:01 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Singapore-transport-company-s-profit-strengthened-by-non-rail-business">Singapore transport company's profit strengthened by non-rail business</a></h2> <div class="column-layout"> <p> SINGAPORE -- Net profit for 2016 at Singapore's state-linked transport operator SMRT climbed 20.1% on the year to 109.2 million Singapore dollars ($81.4 million), due to better performance in the company's non-rail operations, including income from </p> <div class="date-area">April 29, 2016 09:18 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/AC/OCBC-suffers-14-drop-in-Q1-profit-on-bad-loan-provisions">OCBC suffers 14% drop in Q1 profit on bad loan provisions</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/AC/OCBC-suffers-14-drop-in-Q1-profit-on-bad-loan-provisions"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/20160429t/20160429_ocbc_chief-executive-samuel-tsien/4432332-1-eng-GB/20160429_ocbc_Chief-Executive-Samuel-Tsien_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- Oversea-Chinese Banking Corp. announced a 14% drop in net profits for the first quarter ended March, compared with the same period last year. The result was worse than expected, due to swelling provisions for non-performing loans.Net pr</p> <div class="date-area">April 29, 2016 08:30 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Markets/Commodities/Oil-prices-hit-fresh-2016-highs-on-weak-dollar-US-output-fall">Oil prices hit fresh 2016 highs on weak dollar, US output fall</a></h2> <div class="column-layout"> <p> SINGAPORE (Reuters) -- Oil prices edged to new 2016 highs on Friday, lifted by a weak dollar and falling production in the United States, although a looming rise in Middle East output capped gains.Brent crude futures were trading at $48.30 a barrel </p> <div class="date-area">April 29, 2016 06:16 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/AC/OSIM-nears-completion-of-buyout">OSIM nears completion of buyout</a></h2> <div class="column-layout"> <p> SINGAPORE -- OSIM International chief executive Ron Sim has garnered enough shares to take the Singapore-listed massage chair company private, making the proposed buyout almost a done deal.Vision Three, the Sim investment vehicle conducting the take</p> <div class="date-area">April 29, 2016 03:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Markets/Currencies/Yen-hits-18-month-peak-stays-firm-after-BOJ-skips-easing">Yen hits 18-month peak, stays firm after BOJ skips easing</a></h2> <div class="column-layout"> <p> SYDNEY/SINGAPORE (Reuters) -- The yen set an 18-month high against the dollar on Friday, staying firm in the wake of the Bank of Japan's decision the previous day to hold off from expanding its monetary stimulus.The dollar's drop gained momentum aft</p> <div class="date-area">April 29, 2016 02:28 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Life-Arts/Life/Singapore-s-traditional-stronghold-for-bookworms">Singapore's traditional stronghold for bookworms</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Life-Arts/Life/Singapore-s-traditional-stronghold-for-bookworms"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/0425t/20160425_singapore_book1/4406559-2-eng-GB/20160425_Singapore_book1_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- While Singapore's traditional media may be declining, a small but growing group of book lovers in the city is keeping demand for printed matter alive.Tucked among Singapore's distinctive shophouses is a cozy little book cafe. It is a cu</p> <div class="date-area">April 29, 2016 01:00 pm JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Markets/Currencies/Yen-hits-18-month-high-versus-dollar-stays-firm-after-BOJ-skips-easing">Yen hits 18-month high versus dollar, stays firm after BOJ skips easing</a></h2> <div class="column-layout"> <p> SINGAPORE (Reuters) -- The yen surged to an 18-month high against the dollar on Friday, staying firm in the wake of the Bank of Japan's decision the previous day to hold off from expanding monetary stimulus.The dollar fell to as low as 107.075 yen a</p> <div class="date-area">April 29, 2016 11:06 am JST</div> </div> </li> <li> <h2 class="title"><a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Visa-pushes-payment-innovation-in-Asia-from-Singapore">In Singapore, Visa opens first Asian payment innovation lab</a></h2> <div class="column-layout"> <a href="/web/20160505035125/http://asia.nikkei.com/Business/Companies/Visa-pushes-payment-innovation-in-Asia-from-Singapore"><img src="/web/20160505035125im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201604/0428t/20160428_ryan-mcinerney/4428342-1-eng-GB/20160428_Ryan-McInerney_medium_thumbnail.jpg" width="120" alt=""/></a> <p> SINGAPORE -- Visa on Thursday opened an innovation center in Singapore to develop next-generation payment methods for the Asian market. In a world where smartphones are rapidly changing the way people pay, the U.S. company aims to cement its leading</p> <div class="date-area">April 29, 2016 09:00 am JST</div> </div> </li> </ul> </div> </div> <div class="result-sub"> <div class="result-box"> <h2>Sort by</h2> <ul> <li class="current">Newest</li> <li><a href="javascript:void(0)" onclick="return sort_by('relevance')">Relevance</a></li> </ul> </div> <div class="result-box"> <h2>Filter by</h2> <h3>Date</h3> <ul> <li class="current">All</li> <li><a href="javascript:void(0)" onclick="return facet_date('7days')">Last 7 days</a></li> <li><a href="javascript:void(0)" onclick="return facet_date('30days')">Last 30 days</a></li> <li><a href="javascript:void(0)" onclick="return facet_date('1year')">Last 1 year</a></li> </ul> </div> <div class="category-box js_see-more"> <h3>Genre</h3> <ul> <li class="current">All</li> <li><a href="javascript:void(0)" onclick="return facet_category('8')">Business</a></li> <li><a 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