Nikkei Asian Review

ADB economist looks to PPP for infrastructure needs

Yasuyuki Sawada is the first Japanese national appointed as chief economist at the Asian Development Bank. In an interview with the Nikkei Asian Review, he called for private-sector funding to meet the huge demand for infrastructure in Asia. This could be achieved through public-private partnerships ...

ASEAN finds free trade a tougher sell in today's environment

As the U.S. pulls back and China expands, Southeast Asia tries to adjust. People become aware of the divine power of a mantra only when they no longer hear it. People have been hearing world leaders inveigh against protectionism after official meetings for so long ...

Microinsurance closes gaps in social safety nets

“I was very worried [about the hospital bill] because my father was in [intensive care] for a long time,” said Sheryl Tan, recalling the two painful months leading up to her father’s death last year. “So I was relieved when I heard that MediShield Life ...

Insurers help to pay for Asia's infrastructure needs

A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country’s severe electricity shortages. But, for Asia’s insurance companies, there is more to it. Bonds issued to pay ...

Myanmar braces for 30% drop in foreign investment

Foreign investment in Myanmar appears poised to plunge roughly 30% for the year ending March 31 amid the absence of new oil and gas projects, highlighting the need for the government to lure other industries with deregulation and firm economic policy plans. Myanmar received about $6 billion ...

Asia dominates rankings of most expensive cities

Asian cities such as Singapore and Tokyo were the most expensive worldwide for residents in 2016, as currency appreciation drove an increase in the general cost of living. The Worldwide Cost of Living research, conducted semiannually by The Economist Intelligence Unit, found that half of ...

Indonesia's Siloam plans to double number of hospitals

Indonesia’s Siloam International Hospitals aims to double the number of its hospitals to 50 by 2019. The country’s largest hospital operator expects to expand into remote areas, including the island of New Guinea, now that a universal health care system has been introduced, allowing low-income ...

International donors must call Cambodia out on corruption

Cambodia’s economy has grown rapidly in the last two decades, with gross domestic product increasing almost sixfold from 1998 to 2015, according to the World Bank. But for most of that period, headline economic growth failed to generate commensurate development outcomes or increases in government ...

Cambodia's teachers cannot afford to be professional

Few teachers in the public system anywhere in the world will tell you that high salaries are one of the perks of the job. Educators in Cambodia, however, face an uphill battle just to get started in the profession. Recently, a 43-year-old veteran teacher, who ...

VietJet looks to soar above its domestic and foreign rivals

VietJet Aviation, a privately run discount airline also known as VietJet Air, listed on the Ho Chi Minh City bourse on Feb. 28. The carrier eventually expects to eclipse state-run Vietnam Airlines in the domestic market, but it also has big goals for its international ...

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