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  • ASIA'S NEXT VANGUARD 2014: Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 30, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 30, 2014 12:00 am JST
  • Energy companies power up across region

    HONG KONG -- Energy businesses were a noticeable presence on the list of fastest-growing Southeast Asian companies. They had the highest rate of combined market value growth in 2013. Malaysia's SapuraKencana Petroleum Bhd, whose operations inclu

    January 30, 2014 12:00 am JST
  • Food for thought among Southeast Asia's fastest-growing companies

    HONG KONG -- Massive flows of funds into promising Southeast Asian companies have boosted the market values of food and energy businesses. SapuraKencana Petroleum Bhd, a Malaysian oil equipment business, was 2013's fastest-growing company in ter

    January 30, 2014 12:00 am JST
  • Finding their voice

    Recent events in Southeast Asia highlight the growing demands of workers across the region for higher wages, better conditions and a stronger social safety net. They also show how governments are struggling to cope. In nearly every country in th

    January 30, 2014 12:00 am JST
  • Protecting trade finance from US tapering

    As we approach Chinese New Year, moves by the U.S. Federal Reserve to prepare to taper its bond purchases have put a damper on the festive mood. An official with China's commerce ministry recently remarked that the outlook for the country's foreign

    January 30, 2014 12:00 am JST
  • Aeon begins loyalty card system at discount stores in Malaysia

    TOKYO -- Japanese retail giant Aeon has begun a loyalty card system at its discount stores in Malaysia. The company aims to have 1.5 million card holders by the end of fiscal 2014. Aeon Big (M), a subsidiary established when Aeon bought French r

    January 29, 2014 07:00 pm JST
  • Smartphones set to reshape Asia's consumer markets

    NEW DELHI/BANGKOK -- Asia is on course to become a huge market for smartphones with more than 2 billion users in 2017, a development certain to transform its consumer markets and open up business opportunities for retailers. The total number of

    January 29, 2014 07:00 am JST
  • Hong Kong listing to spur Uniqlo's Asia expansion

    TOKYO -- Fast Retailing, operator of the Uniqlo casual clothing chain, will seek to list on the Hong Kong Stock Exchange in March to enhance its name recognition in China and Southeast Asia. The Japanese retailer best known for its Heattech

    January 28, 2014 01:00 pm JST
  • Tanjung gets back to his roots for success

    JAKARTA -- One thing sets apart Chairul Tanjung as a tycoon in Indonesia: He's an ethnic Indonesian. Chinese-owned conglomerates have long dominated the Indonesian economy. CT, founded by Tanjung, is an exception to the rule. While conglomerates

    January 27, 2014 05:00 pm JST
  • Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 27, 2014 05:00 pm JST
  • Sugiarto sees life beyond cars

    JAKARTA--Prijono Sugiarto must diversify income streams this year as president of Astra International. One of Indonesia's largest conglomerates, Astra assembles and sells vehicles in collaboration with Japanese automakers Toyota Motor and Daihat

    January 27, 2014 05:00 pm JST
  • Midtier Japanese contractors want in on Southeast Asian infrastructure action

    TOKYO -- Unable to count on future domestic demand, midtier Japanese general contractors are marching deeper into Southeast Asia. While the Japanese construction market looks destined to slow over the long term, the neighboring region holds the

    January 25, 2014 01:00 pm JST
  • Japan could escalate Asia's casino wars

    TOKYO -- Japan may be about to legalize casinos at certain locations as a tourist lure. If it does, it will likely heat up an already intense battle in Asia for Chinese high rollers. Goldman Sachs predicts Japan will host a $15.1 billion gaming

    January 24, 2014 01:00 pm JST
  • Private sector to sow Asean economic ties: NAR Davos roundtable

    20140123_NAR

    DAVOS, Switzerland -- As the importance of the private sector in improving the world emerges as a main theme of this year's World Economic Forum Annual Meeting in Davos, Switzerland, business leaders from Southeast Asia unanimously declared that co

    January 23, 2014 11:33 pm JST
  • Premchai faces Myanmar hurdles

    BANGKOK -- Premchai Karnasuta, president of Italian-Thai Development, has spearheaded to make his company a major general contractor in Southeast Asia. Generally viewed as a businessman who is outspoken and acts boldly, Premchai is resolved to this

    January 23, 2014 05:00 pm JST
  • CK's Supamas is Myanmar-bound

    BANGKOK -- CK Power, one of Thailand's major private electric power companies, expects sales to grow 20% on the year for 2014. CKP is led by Managing Director Supamas Trivisvavet, 39. Trivisvavet stressed that she would search for promising proj

    January 23, 2014 05:00 pm JST
  • Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 23, 2014 05:00 pm JST
  • Thailand's 'Whiskey King' gives regional expansion a shot

    BANGKOK -- Charoen Sirivadhanabhakdi, chairman of Thai Charoen Corp. Group, a major conglomerate with Thai Beverage at its core, is widely known at home as the "Whiskey King." He has his eyes on a wider share of the Association of Southeast Asia

    January 23, 2014 05:00 pm JST
  • Saha head seeks Japan Inc. help

    BANGKOK -- Japanese convenience is key to growth for Saha Group Chairman Boonsithi Chokwatana. Saha Group, Thailand's largest consumer products conglomerate, runs about 80 joint ventures with Japanese companies. 2014 is likely to be the year the

    January 23, 2014 05:00 pm JST