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  • Consumer finance

    Japan's Orient to offer auto loans in Thailand

    TOKYO -- Consumer lender Orient is entering the car loan market in Thailand, with a focus on used automobiles. In May, the Japanese company will set up a subsidiary in Bangkok that will offer a range of car loan products. Thailand's used-car

    March 31, 2015 02:21 am JST
  • Budget carriers left in lurch

    Japan denying all new flight requests from Thai airlines

    TOKYO -- Japan has notified Thailand that it will not approve any new regular international or chartered flights from the country. According to government sources, Japan is concerned with the Thai aviation authority's low standards. The move com

    March 29, 2015 12:00 am JST
  • Shopping in Thailand

    Luxury mall opens in Bangkok

    BANGKOK -- The Mall Group, one of Thailand's leading retailers and mall operators, opened the doors to its new luxury shopping center here Friday. The EmQuartier is the first large commercial facility to open in the heart of the city since the c

    March 28, 2015 03:53 am JST
  • Falling demand

    Asia, Japan Inc.'s growth engine, slows

    TOKYO -- The boom times appear to be over, at least for now, for most Japanese manufacturers in Asia. The aggregate operating profit of 115 major Japanese companies that have been reporting region-by-region earnings on a continuing basis in the

    March 27, 2015 07:00 pm JST
  • Banpu

    Thai coal miner finds stability in power generation business

    BANGKOK -- The head of Thailand's largest coal miner, Banpu, says the market for the fuel has bottomed out. Nevertheless, CEO Chanin Vongkusolkit is keen to keep expanding the company's power generation business to minimize the impact of price fluct

    March 27, 2015 06:05 pm JST
  • Frederic Neumann: Infrastructure needed in emerging Asia

    Governments are understandably reluctant to splurge. Europe provides a powerful reminder that burgeoning public debt can lead to severe financial headaches over time. But being overly cautious on spending creates problems too. This is particular

    March 26, 2015 12:00 am JST
  • How a "very good" autocrat influenced ASEAN

    BANGKOK -- George Brown, an infamously bibulous British foreign secretary in the 1960s, once lauded Lee Kuan Yew: "Harry, you're the best bloody Englishman east of Suez." Cold War Southeast Asia was a fractious region. Having failed with the Ass

    March 26, 2015 12:00 am JST
  • Slowing Thai tea market gets fresh buzz

    BANGKOK -- After several months of relatively cool weather, summer is back in Thailand and so are the annual giveaway campaigns of the country's two big purveyors of ready-to-drink tea: Ichitan and Oishi. Their rivalry is looking particularly in

    March 26, 2015 12:00 am JST
  • ASEAN accelerates regional banking integration

    KUALA LUMPUR -- Southeast Asian banks will be able to operate more freely across the region due to a landmark agreement on banking integration. The move will pave the way for greater access to loan facilities across ASEAN's 10 member states and prom

    March 26, 2015 12:00 am JST
  • Japan, US behind the curve on Asian economic diplomacy

    TOKYO/SEOUL -- China's rise is driving radical changes in economic diplomacy in Asia -- changes the Japan-U.S. alliance appears unable to keep pace with. The first big shift happened in February, when Japan and South Korea let their 14-year-old

    March 26, 2015 12:00 am JST
  • Thai equities

    Telecom sector leads continuing slide

    BANGKOK -- Thailand's stock market declined again Wednesday, with telecommunications issues suffering in particular amid skepticism over a coming spectrum auction. Thailand's benchmark SET Index fell for a fourth straight session, closing 0.1% l

    March 25, 2015 11:33 pm JST
  • GM giving away gold ingots

    Big bargains at Bangkok motor show

    BANGKOK -- The Bangkok International Motor Show, which opened to the public on Wednesday, offers a reflection of where Thailand's auto market is today. This year, automakers are focusing more on sales promotions than on showing off their latest mode

    March 25, 2015 07:00 pm JST
  • Building a safer future

    18 Asian cities embrace disaster-resilience standard

    Forty-seven cities -- 18 in Asia -- have agreed to implement a new international standard aimed at promoting sustainable development. Called ISO 37120, the standard provides definitions, methodologies and indicators for steering and measuring the qu

    March 25, 2015 01:00 pm JST
  • Limits of control

    Thai junta struggles to launch tax reform

    BANGKOK -- Thailand's military junta is struggling to push through fiscal reforms as bureaucratic wrangling holds up implementation of the country's first broad-based property tax and its first inheritance tax in decades. Prime Minister Prayuth

    March 24, 2015 01:00 pm JST
  • Lee Kuan Yew

    Punching above his weight in ASEAN and beyond

    BANGKOK -- George Brown, an infamously bibulous British foreign secretary in the 1960s, once lauded Lee Kuan Yew: "Harry, you're the best bloody Englishman east of Suez." During his time in the late 1940s at the London School of Economics briefl

    March 23, 2015 11:00 pm JST
  • Consumer survey

    Southeast Asian consumers optimistic about economy

    TOKYO -- Consumers in Southeast Asian countries are more optimistic about the current economic situation than their counterparts in other parts of the world, a survey shows. U.S. research company Nielsen surveyed more than 30,000 consumers in 60

    March 23, 2015 07:00 pm JST
  • Aladdin D. Rillo and Ganeshan Wignaraja

    ASEAN reform is a matter of survival

    At their upcoming summits in April and November, leaders of the Association of Southeast Asian Nations know they must create a new road map to realize an ASEAN Economic Community that extends beyond 2015. Over the last decade, important progress has

    March 22, 2015 01:00 pm JST
  • World student Go champs

    China wins Oza title once again

    TOKYO -- A Chinese university student has taken out the supreme title at the world Go tournament for students for the second year running. Su Guangyue won the Oza title in the ancient board game at the Feb. 24-25 competition in Tokyo. It was Ch

    March 22, 2015 01:00 pm JST
  • Big ASEAN accord

    Finance ministers agree on regional banking integration

    KUALA LUMPUR -- Finance ministers of the Association of Southeast Asian Nations have signed a landmark agreement to allow member countries' banks to operate in each other's markets. The move will pave the way for greater access to loan facilities ac

    March 22, 2015 02:30 am JST
  • Real estate in Thailand

    New developments make Bangkok's 'River of Kings' still more royal

    BANGKOK -- Bangkok's Chao Phraya River has been dubbed the River of Kings, as host to royalty and the palaces and shrines they erected along its shores over the centuries. In modern times, life moved inland. Now, as in many world capitals, Bangkok

    March 21, 2015 01:00 pm JST