Trends

Noriaki Goto, CEO of Bank of Ayudhya, speaks at the NAR forum.

NAR Bangkok forum

Localization, globalization keys to expansion, says Bank of Ayudhya CEO

BANGKOK -- Localization of management and globalization of local employees are essential when expanding into foreign markets, said Noriaki Goto, CEO of Bank of Ayudhya, Thailand's fifth largest bank by assets, which was acquired by Japan's largest ba...

  • NAR Bangkok forum

    Can AEC overcome national interests and combine strengths? Yes, say auto bosses

    BANGKOK -- Three leaders of the region's automotive industry gave the ASEAN Economic Community grades of 8, 7 and 6 at the Nikkei Asian Review Forum in Bangkok on Wednesday. When asked how the AEC, to be launched at the end of 2015, is progressing, V...

  • NAR Bangkok forum

    GM seeks greater foothold in ASEAN market

    BANGKOK -- The upcoming ASEAN Economic Community could enhance the competitiveness of non-Japanese automakers despite their current smaller market share, according to Tim Zimmerman, president of General Motors' South East Asia Operations. He suggeste...

  • Taiwan's touch panel makers

    Flaccid demand, Chinese rivals hitting earnings hard

    TAIPEI -- Pummeled by weak demand and price competition from mainland rivals, Taiwanese touch panel makers are scrambling to improve their fortunes. Wintek, the island's second-largest maker of touch panels, went under in October, and all four of...

  • NAR Bangkok forum

    Nissan sees growth opportunity in ASEAN Economic Community

    BANGKOK -- The launch of the ASEAN Economic Community at the end of 2015 will offer the automobile industry a unique opportunity to reduce logistics costs and create a strategic production base, Toshiyuki Shiga, vice chairman of Nissan Motor, said at...

  • Global health

    Japan manufacturers step up fight against Ebola

    TOKYO -- Japanese companies are developing and increasing output of products aimed at containing the spread of the Ebola virus. Major electrical machinery maker Toshiba is developing a device called a DNA chip that checks for Ebola virus infectio...

  • Global agriculture

    Pesticide, seed majors target hungry Asian, South American markets

    FRANKFURT/NEW YORK -- Major Western agricultural pesticide and seed companies are working to expand in China, India, South America and other emerging markets where food demand is soaring. But with competition also mounting, these businesses are pumpi...

  • Game wars

    New software titles pit 'Pokemon' against rival 'Yokai Watch'

    TOKYO -- Pokemon Co. of Japan on Nov. 21 released the latest video game in its popular "Pokemon" series for the Nintendo 3DS to reach a new generation of fans in Japan and beyond, at a time when a huge hit product from rival "Yokai Watch" is stealing...

  • Japan's generics boom

    Drugmakers ramping up capacity

    TOKYO -- Manufacturers of generic drugs are boosting output capacity, responding to demand strengthened by a government initiative to encourage their use. Towa Pharmaceutical plans to spend about 7 billion yen ($58 million) to double capacity at ...

  • Vietnam's big spenders

    Luxury brands roll out red carpet for country's nouveau riche

    HANOI -- Upmarket foreign brands are rushing to set up shop in Vietnam as the country's economic growth continues to mint new wealthy consumers. A 32-year-old woman in Ho Chi Minh City bought a BMW 3 Series model last winter. The purchase, includ...

  • Emerging stocks

    To leave or not to leave? That is the question from TSE's Mothers

    TOKYO -- The Tokyo Stock Exchange's Mothers market for high-growth and emerging stocks is enjoying an unprecedented boom. Smartphone game developer mixi and Cyberdyne, a maker of exoskeleton suits, are among those gaining popularity. Looking clos...

  • Chinese industrial robots

    In the world's biggest market, success isn't automatic

    SHANGHAI -- Chinese manufacturers are rushing to automate their factories to offset rising wages, a trend that bodes well for the nation's robot makers. Yet industry watchers say robotics companies face the same problem that has vexed domestic automa...

  • Fast track for regenerative medicine

    Japanese players readying for big boost under new laws

    TOKYO -- Domestic companies are preparing to cultivate Japan as a key market for regenerative medicine technologies under new legislation that speeds up approval. The revised pharmaceutical affairs law and new regenerative medicine legislation, b...

  • Mass-market cosmetics

    Japan's Shiseido, Kanebo putting best face forward in Asia

    TOKYO -- Japan's Shiseido and Kanebo Cosmetics are expanding their businesses in Asia, targeting the region's growing market for low-cost cosmetics for both men and women. Shiseido will bring its Za MEN brand of cosmetics for men to Singapore and...

  • Drugmaker ranking

    Japan's Chugai tops drug patent asset ranking

    TOKYO -- Japan's Chugai Pharmaceutical topped the asset value ranking of drug patents registered with the Japan Patent Office during fiscal 2013, according to Patent Result, a Japan-based company that analyzes patents. But many big Japanese pharm...

  • Cambodian aviation

    Airlines ride Chinese tourism boom

    PHNOM PENH -- Cambodia is emerging as an exception to Chinese tourists' growing aversion to Southeast Asia amid heightened political tensions and upheaval. More tourists come into Cambodia from China than from any other country apart from neighbo...

  • Japan's importers

    Increase in forward exchange contracts to combat weak yen

    TOKYO -- Japanese importers of fuel and parts are increasing the number of forward exchange contracts to curb the impact of the drastically weaker yen on their earnings. The dollar climbed to the upper-118 yen range in Tokyo on Thursday for the f...

  • Renewable energy

    Japan utilities to resume solar power purchases under new rules

    TOKYO -- Five major Japanese utilities are looking to resume purchases of renewable energy under a new system that will give them greater control over producers' output. Kyushu Electric Power is increasing the number of days it can require solar ...

  • India urban development

    Delhi Metro and Gujarat smart city ranked as world-class projects

    NEW DELHI -- Delhi Metro, the capital's public transport lifeline, and Gujarat International Finance Tec-City (GIFT), the first smart city in the world's second most populous country, have been included among six major development schemes in India on...

  • Pet insurance market in Japan

    Pet insurers walk fine line between profit and pain

    TOKYO -- The pet insurance market has been growing rapidly as big vet bills force owners to insure their furry friends. But despite the industry's rosy outlook, insurers face an uphill battle for sales and profits. Until recently, the market was ...