Companies

Thailand’s Charoen Pokphand Foods wants to capture business from traditional Indian outlets, including street restaurants, by providing high quality food at affordable prices. (Photo by Ken Kobayash)

Charoen Pokphand Foods

Five Star experience in India

BANGKOK -- For many young Indians, Thai-style fried chicken provides a less expensive, crisp and spicy alternative to global fast-food chains like Kentucky Fried Chicken (KFC) and McDonald's. Charoen Pokphand Foods (CPF), the international food a...

  • Change at the top

    Cheil to merge with Samsung C&T

    SEOUL -- Cheil Industries, the de facto holding company of Samsung group, and Samsung C&T agreed Tuesday on a merger deal. The move is a part of the South Korean conglomerate's groupwide restructuring efforts ahead of an expected leadership change. ...

  • McDonald's Vietnam

    Upsizing in Ho Chi Minh City

    HO CHI MINH CITY -- McDonald's Vietnam plans to open at least four more outlets in Ho Chi Minh City by the end of the year, bringing the U.S. fast-food chain's total presence there to nine since its arrival in 2013. The expansion plans were unveile...

  • Accounting scandal

    Toshiba mulls rescheduling shareholders meeting, changing date of record

    TOKYO -- Toshiba is weighing two options for postponing a general shareholders meeting as an independent panel pores over its books in search of improper accounting. Following revelations that it had overstated earnings on some infrastructure pro...

  • CEO Interview

    GSK Consumer Healthcare chief foresees further industry consolidation

    FRANKFURT -- GSK Consumer Healthcare, a joint venture GlaxoSmithKline and Novartis launched in March, considers consumer trust in the brands of two of the world's biggest pharmaceutical groups as the new company's most important asset, its chief exec...

  • Automaking in China

    Volkswagen opens 300,000 unit plant

    BEIJING -- German automaker Volkswagen has started operations at its new plant in Changsha, Hunan Province, in a bid to stimulate demand for new cars in China's inland areas. The new plant, which was built through Shanghai Volkswagen, a joint ven...

  • Ana Swanson

    Yum China spinoff could be unappetizing for investors

    The plan Wall Street investors are pushing on the fast-food company may not work so well on the other side of the world, says Ana Swanson.

  • More in Japan

    Honda trying to go back to the future

    TOKYO -- Japan's Honda Motor wants to put itself on the road back to fiscal 2007. In other words, it's time for some restructuring. In the 1980s, Honda began a three-decade-long run of remarkable success in the North American market. Much of ...

  • Tourism in Japan

    Foreign hotel chains expanding ahead of Tokyo Olympics

    TOKYO -- Japan is regaining its allure for foreign-owned hotel chain operators. Starwood Hotels & Resorts Worldwide and Hyatt Hotels are among those opening new outlets in the country, partly in view of the Summer Olympic Games to be held in Tokyo in...

  • Japanese companies in the Middle East

    Mitsubishi, Tepco win power plant order in Qatar

    TOKYO -- Mitsubishi Corp. and Tokyo Electric Power have received an order to construct a large power plant in Qatar. The project entails building a gas-fired plant with an output capacity of 2.4 million kilowatts and a seawater desalination plant...

  • Tax hike blamed

    Japan's Yamada Denki to shut at least 40 stores

    TOKYO -- Yamada Denki, one of Japan's big home electronics chains, plans to close at least 40 stores by the end of the month. It is rare for a Japanese retail chain to close so many stores at once. Yamada Denki has been suffering since Japan ...

  • Retailing in Japan

    Isetan Mitsukoshi battles to make department stores hip again

    TOKYO -- Retailer Isetan Mitsukoshi is upending the traditional Japanese business model for department stores, and the effort is beginning to bear fruit. Typically department stores must be a good judge of finished products, determining which one...

  • Fortifying a weak spot

    Tokyo Skytree to renovate elevators for more wind resistance

    TOKYO -- After disappointing many visitors by blocking access during windy weather, the operator of Tokyo Skytree decided to beef up the elevators to keep the attraction open even when it gets gusty. The 634-meter tower marked its three-year ann...

  • Common thread

    Low-profit businesses at center of Toshiba probe

    TOKYO -- Toshiba's investigation into possible accounting irregularities has spread to nearly the entire company, with such unprofitable businesses as system chips and televisions coming under scrutiny. The probe started out in the infrastructure...

  • New funding channel

    Tapping REIT, Nichii Gakkan to open elder care facility in central Tokyo

    TOKYO -- Nichii Gakkan will launch a large-scale elder care facility in central Tokyo, working with a real estate investment fund to finance construction. Located around the Kachidoki train station in Chuo Ward, the facility will be close to the u...

  • Raising doubts

    Toshiba's broader probe exposing deep-rooted governance issues

    TOKYO -- Toshiba will expand its investigation of accounting irregularities to most of its major businesses, opening up the possibility of far worse damage to earnings and raising serious questions about the adequacy of internal controls. In addi...

  • Nestle India

    Maggi instant noodles under food safety spotlight

    NEW DELHI -- Maggi instant noodles, a popular snack manufactured by Nestle India, has come under the regulatory spotlight after some samples tested by authorities in the northern state of Uttar Pradesh showed the presence of harmful chemicals. Nest...

  • 3-hour delivery

    Alibaba to launch new service for healthcare products

    SHANGHAI -- Chinese e-commerce giant Alibaba Group Holding will start a service offering delivery of online orders within three hours. The company will team up with some 1,500 drugstores to swiftly deliver healthcare products and non-prescription...

  • Sharp struggles on

    Bankruptcy concerns unite major lenders

    OSAKA -- Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank are not seeing eye to eye on how Sharp should turn itself around. Nonetheless, they have agreed to extend a lifeline to the ailing electronics maker. The loans come as the two lenders fear the com...

  • Madrid Ritz sale

    Mandarin Oriental buying Spain landmark

    HONG KONG -- Mandarin Oriental International on Friday announced that it is taking control of the Hotel Ritz, Madrid. The Hong Kong-based luxury hotel operator is carrying out the acquisition in partnership with Olayan Group, a Saudi investment congl...