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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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 consumer-finance companies as well as shopping malls and Malaysian property are also in Japanese firms' sights, according to Nomura.
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