Try 1 year for just $30

Nikkei Asia
Try 1 year for $60
Join thousands of fellow business leaders who benefit from: 
- Valuable insights on the fastest growing Asian companies
- Original opinion from leading experts
- Exclusive coverage on Asia's business, economies and politics
Try 1 year for just $30
Cancel anytime.
Offer exclusive to the above link. Terms are subject to change.
Above discount open to new subscribers only.
Recommended articles
Co-founder of Malaysia's biggest airline reveals post-pandemic game plan in exclusive interview
 
"If I was Jesus Christ," said AirAsia co-founder Tony Fernandes, not a trace of a smile on his face, "it would be the second coming." 
 
Even for a man known for his showmanship and what might politely be termed a strong sense of self-worth, it is a fairly astonishing remark.
 
Still, there's no denying that budget carrier AirAsia, which Fernandes mortgaged his house to start in 2001, had a close brush with mortality when air travel collapsed during the COVID-19 lockdowns. Now the flamboyant, 58-year-old Malaysian tycoon says business is booming as tourism throughout the region roars back. 
 
Read full story
Web | App
Investors shun stock amid sea of red ink, as regional peers' prospects brighten
 
Andre Soelistyo, CEO of Indonesian super app and e-commerce platform provider GoTo, appeared humbled by the more than 50% increase in its net loss in 2022, calling the period "challenging" and an "inflection point" for the company, which has struggled to turn a profit.
 
"It was a year that changed our thinking and showed us how we needed to operate," Soelistyo said at a news conference last month announcing the annual results.
 
GoTo's brutal bottom line revealed that its 12-month net loss had widened 56% to 40.4 trillion rupiah ($2.7 billion) from 2021. The company's burgeoning red ink is now more than three times the size of its revenue, despite the latter doubling over the last year to 11.3 trillion rupiah. 
 
Read full story
Web | App
As Kishida prepares for G-7, Tokyo has closer White House ties and a clearer global role
 
Tucked away on the lower floors of a drab building next to the prime minister's office, the secretariat of Japan's National Security Council pales in comparison to its counterpart in Washington.
 
U.S. President Joe Biden's National Security Council is located in the majestic Eisenhower Executive Office Building adjacent to the White House, built for the State, War and Navy Departments in the 1870s.
 
"This was the only office space left," a senior official at the Japanese secretariat said with a laugh. 
 
Read full story
Web | App
If you no longer wish to receive information like this, unsubscribe here.
 
Please do not reply to this email. If you have any questions, visit our FAQ or contact us at https://info.asia.nikkei.com/customer-support 
 
1-3-7, Otemachi, Chiyoda-ku, Tokyo, 100-8066, Japan
Nikkei Inc. No reproduction without permission.

Post a Comment

Previous Post Next Post

Contact Form