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JX Nippon Oil & Energy Corporation planned to invest in Indonesia oil refineries

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The largest oil refiner in Japan, JX Nippon Oil & Energy Corp is now attempting to build a number of refineries in Indonesia. Not only that, Japan also intends to build a gas station in Indonesia and Vietnam.
 
According to Legal Business Online site, Friday (09/22/2014), th...

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Indonesia's Indofood to sell stake in Nissin Foods venture

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Indonesia's biggest instant noodle maker, Indofood Sukses Makmur, said in a stock exchange filing Wednesday that it will sell its stake in a joint venture with Japan's Nissin Foods.
 
Indofood said it will sell its entire 49% stake in the Nissinmas joint venture, which makes and sells instant noo...

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Southeast Asian economic integration could worsen inequality: study

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JAKARTA – A plan by Southeast Asian countries to establish a European Union-inspired single market next year could worsen inequality and is likely to benefit men more than women, a new study warned Wednesday.
 
The Association of Southeast Asian Nations (ASEAN) has set 2015...

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Docomo launching foreigner-friendly Wi-Fi service

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NTT Docomo Inc. announced Wednesday it’s launching a wireless Internet service for foreign visitors at its 150,000 Wi-Fi access points across Japan.
 
The company will offer two plans for the paid service on a trial basis starting Thursday. One costs ¥900 for a week, and ...

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Yoshiaki Ishii, the government official who can save startups in Japan

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Distrust towards government programs runs high among Asian startups. Whether for incompetence, corruption, or mere disinterest, local governments, with the exception of Singapore, rarely answer the call for supporting startups in a meaningful way.
 
The Japanese government’s treatment towards sta...

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Toyota New ‘Hydrogen’ Car will create a new great business environment

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Increasingly stringent environmental regulations in major markets are spurring automakers to develop a new generation of green cars. Toyota Motor, which led the way in popularizing hybrids, is now positioning itself as the company that will bring hydrogen-fueled, zero-carbon-emission vehicles int...

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3 Startup lesson from Japanese manga 'One Piece'

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These days there are so many theories of how to do a startup. There’s the Rocket Internet MBA-style, and then there’s the Lean Startup movement, and then there are those that think Lean is too trendy and all hype, and then there’s the Steve Jobs followers, the list goes on. There’s no perfect for...

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Japan's Electronics Industry Returning to Good Form

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The nation's biggest electronics manufacturers are enjoying an earnings recovery, with Hitachi, Panasonic and Toshiba all posting sharp gains in April-June operating profits Thursday.
More than 400 corporations listed on the Tokyo Stock Exchange reported results for the quarter that day. A total ...

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Japan chat app Line's sales surge ahead of sector's first major IPO

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Japan-based messaging app Line Corp saw second-quarter revenue jump by more than half, fuelled by growth outside its home market, in a boost to the service's plans for an initial public offering that could value the firm at up to $20 billion.
Line's parent, South Korea's leading online portal ope...

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Panasonic, Tesla to build big U.S. battery plant

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American electric carmaker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. The companies announced the deal Thursday, but they did not say where in the U.S. the “gigafactory,” or la...

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