Finance & economics | Japanese investment in South-East Asia

Outward bound

A weak domestic economy is spurring Japanese firms to expand abroad

Hun Sen is shopping, just like Japan Inc
|PHNOM PENH and TOKYO

IT IS not every day that the opening of a shopping centre attracts a prime minister, but then Aeon Mall in Phnom Penh is not any old shopping centre. The Japanese-built complex is Cambodia’s biggest, complete with an ice rink, television studio and bowling alley. For Hun Sen, the attending prime minister, it is a symbol of Japanese investment. Governments across South-East Asia are courting Japanese firms, and a torrent of yen is surging their way.

This article appeared in the Finance & economics section of the print edition under the headline “Outward bound”

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