Bloomberg Bank of Japan Governor Haruhiko Kuroda says it’s the most significant challenge facing his economy. Bank of Korea Governor Lee Ju-yeol says it’ll be tougher to manage than record levels of household debt or future Federal Reserve interest-rate increases. The issue perplexing Asia’s central bankers: demographics. And making matters worse is the realisation there’s very little they can do …

Bloomberg Seven Philippine conglomerates, including those led by billionaires John Gokongwei and Lucio Tan, submitted a proposal to modernise and expand the capital’s 70-year-old airport in a plan that will potentially triple capacity and help ease congestion. Ventures of Aboitiz Equity Ventures Inc., Ayala Corp., LT Group Inc. along with Alliance Global Group Inc., Filinvest Development Corp., JG Summit Holdings …

Bloomberg Aegean Airlines, the former island-hopper that’s expanded to replace defunct Greek flag-carrier Olympic Air, plans to order at least 50 new single-aisle jetliners in the next three or four weeks. Aegean, which has already doubled its fleet since 2013, will choose between the latest Airbus SE A320neo and Boeing Co. 737 Max narrow-body models, Chief Executive Officer Dimitrios Gerogiannis …