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YANGON - Foreign business associations have warned that requirements and penalties in the newly proposed laws governing foreigners in Myanmar would discourage overseas companies from investing here.

Japanese automaker Honda Motor Co. has signed a deal with Hitachi Automotive Systems to jointly develop, make and sell motors for electric vehicles, as the industry adapts to concerns over global warming and the environment. The companies announced the agreement Tuesday. Honda, which also makes its own electric motors, has ...

The dollar shed early losses to retake ¥112 in Tokyo trading late Tuesday, after hitting a two-month low in the morning. At 5 p.m., the dollar stood at ¥112.10-11, still down from ¥112.73-74 at the same time Monday. The euro was at $1.0681-0681, down from $1.0751-0752, and at ¥119.75-75, down ...

Stocks fell Tuesday, weighed down by the yen’s further ascent against the dollar. The Nikkei 225 lost 65.93 points, or 0.35 percent, to end at 18,910.78. On Monday, the key market gauge gained 58.51 points. The Topix, covering all first-section issues, closed 4.27 points, or 0.28 percent, lower at 1,516.15 ...

Chinese companies operating in Britain, especially in the financial sector or whose European headquarters are in Britain, need to take “precautions” due to uncertainly over Brexit, China’s ambassador to London said. Before Britain’s vote to exit the European Union in June last year, China had not directly stated an opinion, ...

Toyota Motor Corp. recently ceded its title as the world’s best-selling automaker to archrival Volkswagen AG. Yet the company’s biggest adversary this year may be U.S. President Donald Trump. Japan’s largest automaker expects profit to fall to ¥1.7 trillion for the fiscal year ending next month, about a quarter less ...

Japan and Thailand have agreed to expand collaboration for the development of small and medium-size enterprises (SMEs) by mutually encouraging business-matching deals between firms of the two countries. A memorandum of understanding on further synergy was inked last week between Japan’s Organization for Small and Medium Enterprises and Regional Innovation ...

The Internal Affairs and Communications Ministry is planning to accelerate efforts to develop specialists capable of improving and managing the internet of things. The ministry’s plan reflects growing demand for personnel in both public and private sectors who can make good use of networks and deal with cyberattacks, with data ...

People walking into Valletta yesterday were met by an unfamiliar sight of the iconic Triton Fountain being disassembled.The iconic monument is being restored as part of a wider project. Some of the old kiosks in the old terminus have already been torn down and works around the air force monument ...

Carmaker warns UK upheaval will prevent return to profitability in Europe