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Japan firms more keen to invest in Asean than China

They are tapping record cash piles to increase investments in South-east Asia

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WALK THE TALK: Freight carrier Kintetsu World Express bought Singapore's APL Logistics from its parent, Neptune Orient Lines, for US$1.2 billion.

Singapore

JAPANESE companies have shown a big and varied appetite for South-east Asia this year, buying control of Myanmar's dominant beer maker, a Singapore logistics company and part of a major commodities firm based in the region.

Indonesia's food and beverage sector, Thai