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  • Mazda to end passenger-vehicle partnership with Ford

    TOKYO -- Mazda Motor will dissolve its tie-up in passenger-vehicle production with Ford Motor, taking over the U.S. carmaker's assembly lines at their sole jointly run facility, located in Thailand. The two automakers currently each own producti

    July 29, 2014 02:00 am JST
  • Bank of Thailand says E.U. monetary spillover more contained than from U.S.

    BANGKOK -- The governor of the Bank of Thailand (BOT), Prasarn Trairatvorakul, told reporters on Saturday that spillover effects resulting from the substantial monetary easing policies implemented by European countries have been smaller than those c

    July 28, 2014 10:34 pm JST
  • Thaksin, self-made billionaire and politician, failed to embrace 'dharma'

    HONG KONG -- The Ratchaprasong Intersection in the heart of Bangkok is a symbol of anti-government unrest, where demonstrators have gathered in recent years. The Thai army's operations against them have led to massive bloodshed repeatedly since the

    July 28, 2014 08:00 pm JST
  • Itochu aims at quick gains through 'asymmetrical' tie-up with CP Group

    TOKYO -- Major Japanese trading house Itochu's recent capital and business tie-up with Thai conglomerate Charoen Pokphand Group might be called an "asymmetrical" alliance. The Japanese firm announced on July 24 that it would take a stake in a CP

    July 28, 2014 07:00 pm JST
  • Myanmar professors accepting Japanese way of teaching

    TOKYO -- Japanese professors are coaching their Myanmar counterparts on how to teach science, engineering and other technical subjects. In late May, the government-affiliated Japan International Cooperation Agency dispatched to Myanmar 11 profes

    July 27, 2014 01:00 pm JST
  • Kagome developing fans among tomato-averse Thais

    BANGKOK -- The tomato is possibly the least popular fruit in Southeast Asia, but that is not stopping Japanese food company Kagome from trying to make its tomato-based products a hit there. Spearheading the effort is Kazunari Yamamoto, head of O

    July 26, 2014 01:00 pm JST
  • Frozen-bonito prices jump on weaker hauls, tougher rules

    TOKYO -- International prices for frozen bonito used in canned tuna and dried bonito flakes have risen sharply in recent months because of poor catches and fishing regulations intended to ensure the conservation of fish stocks. Prices have soare

    July 26, 2014 03:32 am JST
  • Japan firms disappointed by dearth of workers from TNI

    BANGKOK -- The Thai-Nichi Institute of Technology (TNI) is an engineering university founded in the eastern part of Bangkok, with the cooperation of Thai and Japanese companies and organizations. The university, which marks its eighth anniversary th

    July 25, 2014 07:00 pm JST
  • Thai PTTEP posts 55% net profit growth

    BANGKOK -- PTT Exploration and Production, part of Thailand's oil giant PTT, posted a 55% year-on-year rise in consolidated net profit in the second quarter. Petroleum sales by volume increased significantly following its $1 billion acquisition of U

    July 25, 2014 04:40 pm JST
  • Itochu up 2.5% after tie-up news with Thailand's CP Group

    TOKYO (Dow Jones) -- Itochu is up 2.5% at Y1,348.5 after the news of a tie-up with Thailand's Charoen Pokphand Group. CP Group would buy a 4.9% stake in Itochu for about $1 billion under the deal unveiled Thursday, while Itochu would pay about $8

    July 25, 2014 10:11 am JST
  • Itochu tying up with top Thai conglomerate

    TOKYO -- Itochu has agreed to an unprecedented capital and business tie-up with Charoen Pokphand Group, one of Thailand's largest conglomerates, as the Japanese company seeks a stronger foothold in Asian markets. The trading house will pay 6.6 b

    July 25, 2014 06:24 am JST
  • Thai junta chief seen holding vast power in new government

    BANGKOK -- Military rule in Thailand has entered a new phase with the adoption of an interim constitution this week, with some fearing that Gen. Prayuth Chan-ocha's junta has guaranteed itself continued authority even after a provisional government

    July 25, 2014 06:16 am JST
  • Southeast Asian rice exporters duke it out for global market

    YANGON/TOKYO -- As the world's appetite for rice grows, competition is intensifying among Southeast Asian producers already accounting for a big share of global exports. Myanmar and Cambodia, once major exporting countries, are beginning to send

    July 25, 2014 04:14 am JST
  • BRICS bank can contribute to global growth: BOJ's Kuroda

    BANGKOK -- Japan's central bank chief welcomed plans by the world's five leading emerging economies for a development bank and currency swap pool, saying they "could contribute greatly to the global economy." This institution-building by Brazil,

    July 25, 2014 03:04 am JST
  • Thailand's Charoen Pokphand and Japan's Itochu form strategic alliance

    BANGKOK -- Thailand's giant business conglomerate Charoen Pokphand (CP) Group has entered into a cross-shareholding deal with Itochu Corporation, a major Japanese trading house. CP is taking a 4.9% stake in Itochu for 102 billion yen ($1 billion

    July 24, 2014 11:50 pm JST
  • Thailand's CP Group to inject up to $1B in Itochu

    TOKYO -- Charoen Pokphand Group intends to inject roughly 80 billion yen to 100 billion yen ($780 million to $975 million) into Itochu. Thailand's largest conglomerate is expected to acquire up to slightly less than 5% of the Japanese trading h

    July 24, 2014 03:30 pm JST
  • Economic reforms 'make-or-break' for Thai junta

    BANGKOK -- A recent uptick in Thai economic indicators suggests that the country's economy is on the road to recovery after the May 22 coup. But analysts warn that without serious reforms, including promised measures to help narrow the gap between t

    July 24, 2014 03:30 pm JST
  • Thai junta planning long-term reforms: experts

    BANGKOK -- Thailand's National Council for Peace and Order (NCPO), the military junta which staged a putsch on May 22 to break a political deadlock hanging over from 2013, has plans for a raft of long-term economic and political reforms, according t

    July 24, 2014 12:20 am JST
  • Diverging from the conventional shop

    TOKYO -- Every day, 7-Eleven scatters a few new shops around the world. As of the end of March, the number of stores displaying the orange, green and red logo came to 52,811, up 54% from six years earlier. A lot of those stores opened in Asia. T

    July 24, 2014 12:00 am JST
  • 4G's rise

    Home to a huge and growing chunk of the world's mobile phone users, Asia is beginning to embrace fourth-generation cellular services. 4G technology offers much faster data speeds, which is good news for the swelling ranks of people who use their han

    July 24, 2014 12:00 am JST