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  • A game of contagion

    Competitive central banking

    TOKYO -- Call it beggar-thy-neighbor central banking. Interest rates around the world are coming down. The monetary authorities of emerging nations as well as those of countries that export a lot of natural resources are doing a lot of the pulling.

    March 1, 2015 07:00 am JST
  • Thai Union Frozen Products

    Profits jump 79% with acquisition spree

    BANGKOK -- Thai Union Frozen Products (TUF), the world's largest canned tuna company, has posted a net profit growth of 79% in 2014 thanks to recovery in its core tuna business and rapid expansion through acquisitions. TUF's net profit was 5.09

    February 27, 2015 10:30 pm JST
  • Thai Airways International

    Flag-carrier in tailspin

    BANGKOK -- As expected, ailing flag-carrier Thai Airways International on Thursday posted 2014 as a second year in the red after its net losses expanded 30% year on year to 15.61 billion baht ($482 million) with operating sales down 9% to 188 billio

    February 27, 2015 10:30 am JST
  • Unified Southeast Asian market

    Majority of businesses optimistic about ASEAN economic integration: Survey

    TOKYO -- Nearly 80% of companies operating in the Association of Southeast Asian Nations see growth opportunities in the bloc's planned economic integration this year, shows a U.S. survey. However, almost half of the Indonesian businesses polled

    February 26, 2015 01:00 pm JST
  • Medical tourism in Thailand

    World's 'sex change capital' offers cheap cosmetic spruce-ups, too

    BANGKOK -- Asia is the world's go-to medical tourism destination, and the availability of inexpensive plastic surgery is a big part of the region's allure. When it comes to tummy tucks, nose jobs and other cosmetic fixes, South Korea is the leader.

    February 26, 2015 12:10 pm JST
  • Come visit us

    Thai travel fair features slew of exhibitors from Japan

    BANGKOK -- Exhibitors from Japan are present in force at this year's Thai International Travel Fair, which opened here Wednesday. The travel fair, the largest of its kind in Thailand, features 940 exhibitors from all over the world, including So

    February 26, 2015 06:02 am JST
  • Banking in globalized world

    Japan's regional banks follow offshoring clients to Bangkok

    BANGKOK -- Smaller Japanese financial institutions have been rushing to set up shop here, following clients that have moved into Thailand to be part of a major manufacturing hub. As an increasing number of clients ship manufacturing operations o

    February 26, 2015 01:52 am JST
  • Medical tourism

    Asia leads industry worth $55B

    TOKYO/BANGKOK -- Medical care used to be a primarily local affair. Today, it is an increasingly globalized business. Patients are traveling thousands of kilometers to get better or more affordable services than they can find in their own communities

    February 26, 2015 12:00 am JST
  • American hospitals ahead, at least in terms of market value

    BANGKOK -- U.S. medical companies are ahead of the pack, at least on the markets. Asian companies such as Malaysia's IHH Healthcare and Bangkok Dusit Medical Services of Thailand also rank high in terms of market capitalization. But American ope

    February 26, 2015 12:00 am JST
  • Southeast Asian hospitals are seeking new markets

    PHNOM PENH -- The current glow of medical tourism is not stopping Southeast Asian hospitals from thinking about future business. Many are looking beyond their borders in the search for new sources of revenue. Bangkok Dusit Medical Services, Thai

    February 26, 2015 12:00 am JST
  • Medical tourism leaves local patients hurting

    BANGKOK/KUALA LUMPUR/PHNOM PENH -- As privately funded, high-tech hospitals spring up around Southeast Asia to care for well-heeled medical tourists, public health care facilities -- and their mostly local patients -- are being left behind. At 5

    February 26, 2015 12:00 am JST
  • Asia leads a medical tourism industry worth billions

    TOKYO/BANGKOK -- Medical care used to be a primarily local affair. Today, it is an increasingly globalized business. Patients are traveling thousands of kilometers to get better or more affordable services than they can find in their own communities

    February 26, 2015 12:00 am JST
  • Japan strives to share medical tech with rest of region

    TOKYO/BANGKOK -- Japanese medical equipment makers are striving to catch global leaders such as General Electric and Siemens in sales of specialized devices within Asia. A new medical ward slated for completion in 2018 at state-run Rajavithi Hos

    February 26, 2015 12:00 am JST
  • Business aviation takes off in Asia

    TOKYO/YANGON/GUANGZHOU -- Cross-border business is becoming more commonplace in China and Southeast Asia, a trend which has executives turning to the convenience offered by private jets. To cater for the increased use of individualized business avia

    February 26, 2015 12:00 am JST
  • Yoshino, Morgan, Wignaraja: Why Asia needs more financial education

    In the aftermath of the global financial crisis of 2007-2008, financial literacy and financial education are gaining more attention around the world. There were sobering lessons, for example, in how the misselling of financial products contributed d

    February 26, 2015 12:00 am JST
  • Tejraj M. Aminabhavi: Eating our way to a healthier world

    A balanced diet is essential for not only providing energy and nutrients but also preventing disease. Changes in lifestyles and what we eat have greatly influenced human health, resulting in higher risks of noncommunicable diseases such as cancer, d

    February 26, 2015 12:00 am JST
  • Minor International results

    Hospitality conglomerate posts record profits despite political unrest

    BANGKOK -- Thailand's hotel and restaurant operator Minor International has posted record net profits of 4.4 billion baht ($140 million) for 2014, up 7% from the previous year, despite political unrest and an economic slowdown in its home market.

    February 25, 2015 11:50 pm JST
  • Siam Cement Group succession

    Thai materials giant prepares next in line to take century-old helm

    BANGKOK -- Thai materials giant Siam Cement Group's (SCG) approach toward leadership succession stands out in the increasingly short-term focused business world. The company has been grooming its next leader for the past five years in preparation fo

    February 25, 2015 07:00 pm JST
  • Mixed blessing

    Cheap oil a boon for Southeast Asia -- with one exception

    SINGAPORE -- Oil prices will likely spiral to $31 per barrel by the end of the first quarter due to rising global oil inventories, according to Bank of America Merrill Lynch. This will be a mixed blessing for Southeast Asia. While most countries, in

    February 25, 2015 07:00 pm JST
  • Driven by exports

    Thai auto output rises for first time in 19 months

    BANGKOK -- Automobile production in Thailand rebounded in January with output climbing 2% from a year earlier to 166,260 units, the first positive showing in 19 months. Output of autos destined for export jumped 14% to 106,278 units. Leading the

    February 25, 2015 03:02 am JST