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‘Generational’ smoking phaseout in Maldives faces cloudy future

A designated outdoor smoking area at Velana International Airport, the Maldives’ main visitor gateway: President Mohamed Muizzu’s government has expanded smoke-free spaces, banned e-cigarettes and tobacco advertising, increased tobacco taxes and boosted free smoking cessation programs. (Photo by Ashwa Faheem) Policy Asia Politics poses threat to South Asia’s latest attempt to root out tobacco

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Japan’s Marubeni buys US aircraft parts dealer DASI to gear up for servicing

Business deals Shortage of new planes means rising need for repairs and maintenance A DASI warehouse in Florida. The company buys maintenance parts in bulk and resells them individually. (DASI) TOKYO — Japanese trading house Marubeni has taken full ownership of U.S. aircraft parts inventory firm DASI in a deal worth tens of billions of yen (10 billion yen […]

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Berkshire Hathaway deal to supercharge Tokio Marine’s M&A

Business deals Japanese insurer’s investment opportunities now seen having no ‘upper limit’ Tokio Marine Holdings is the first Japanese financial institution to receive an investment from Berkshire Hathaway. (Source photos by Nikkei and AP) KAZUMA SHIROKAWA and YUMIKO OSHIMA TOKYO — The new strategic partnership between Tokio Marine Holdings and Warren Buffett’s Berkshire Hathaway is expected to raise […]