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  • Thai stocks at whim of interim government's next steps

    SINGAPORE -- Thai stocks have been stalling, with the benchmark Stock Exchange of Thailand index stalling near a 15-month high. Four months have passed since the May 22 coup, and investors have begun to expect market results from the interim militar

    September 22, 2014 02:00 pm JST
  • Foreign visitors to Japan up 22% in Aug.; 56% rise from China

    TOKYO -- The number of monthly visitors to Japan for August was over 1 million, a record high for the month and the sixth month in a row that numbers have topped the 1 million mark, according to the Japan National Tourism Organization. Much of this

    September 22, 2014 07:00 am JST
  • Thai military junta pushes tax hikes

    BANGKOK -- Thailand's military government, which came to power in a May coup, is pushing through unpopular tax hikes to lift the country's sagging tax revenue and attempt to cure fiscal woes. The government of Gen. Prayuth Chan-ocha, named prime

    September 21, 2014 07:00 am JST
  • Auto seat maker TS Tech seen faring better than expected

    TOKYO -- Automobile seat manufacturer TS Tech is expected to exceed its earlier operating profit projection for the April-September half by about 500 million yen ($4.55 million) on lower-than-expected costs. The Honda Motor affiliate is seen pos

    September 20, 2014 02:00 am JST
  • India, Asean enhance free trade agreement

    NEW DELHI -- Four years after a free trade agreement relating to goods came into effect between India and the Association of Southeast Asian Nations, the trade partners have gone a step further with a supplementary trade in services and investment a

    September 19, 2014 12:34 pm JST
  • PTTEP gears up for Myanmar's energy needs

    BANGKOK -- Thailand's PTT Exploration and Production (PTTEP), the core subsidiary of state-owned energy conglomerate PTT, is stepping up its exploration budget in Myanmar for the next 5 years by 18%, compared to the previous plan, to $3.3 billion in

    September 18, 2014 08:27 pm JST
  • Thailand trying to lure tourists back after coup

    BANGKOK -- Thailand's military junta and the private sector are struggling to put the shine back on the country's tourism business, despite the fact that martial law has been in place in the Southeast Asian country since the previous civilian govern

    September 18, 2014 07:00 pm JST
  • Sellers and shoppers, rejoice!

    BANGKOK -- Digitization is opening opportunities and changing Asian lives. The smartphone is speeding up the process, encouraging people to tap their way to buying practically everything, from groceries to games to cars, even real estate. The tr

    September 18, 2014 12:00 am JST
  • In Thailand's deep south, teaching is a dangerous profession

    PATTANI, Thailand -- From the doorway of her classroom, Thanya Srilapkhuen, a primary school teacher, can see armed guards in khaki fatigues making their way through a sunny compound. When she looks to the right, the 36-year-old's eyes settle on a s

    September 18, 2014 12:00 am JST
  • The digital economy takes some getting used to

    BANGKOK -- One problem with digital commerce and communication is that many of us just aren't ready for it. There are even some of us who want it to go away. A mother in Thailand recently received a 200,000 baht ($6,209) telephone bill. It turns

    September 18, 2014 12:00 am JST
  • The power of digitization

    A new digital revolution is coming to Asia, thanks to the explosive spread of smartphones. At the end of last year, 780 million smartphones were in use in the Asia-Pacific region (excluding Japan). The number is projected to reach 2 billion in 2018,

    September 18, 2014 12:00 am JST
  • Dog-eat-dog Web means Asia needs a smart workforce

    BANGKOK -- Cheaper and easier to use smartphones will lead to new opportunities in Asia. Some smart leaders have already realized this, and are getting to work. "I believe that a digital India will have the potential to stand with the world on e

    September 18, 2014 12:00 am JST
  • Thai Airways buffeted by costs, competition, politics

    BANGKOK -- Thai Airways, once a market leader in the Asia-Pacific region, has launched a concerted effort to restore both profitability and its battered image by banking on a five-year restructuring and rehabilitation plan. Thailand's military g

    September 17, 2014 07:00 pm JST
  • Thailand's Bank of Ayudhya, new Japanese parent BTMU do a little matchmaking

    BANGKOK -- Bank of Ayudhya, Thailand's fifth-largest bank, and leading Japanese lender Bank of Tokyo-Mitsubishi UFJ have already matched up with each other. On Tuesday, as their first official collaboration in the runup to a planned integration of o

    September 17, 2014 06:46 pm JST
  • Yasuyuki Todo: Exclusive ties keep Asia's growth stuck in middle-income trap

    Low-income countries tend to demonstrate higher growth rates than rich ones. Because low-income countries have room to learn advanced technology and knowledge from developed nations, it is easier for them to produce imitation goods. Moreover, capita

    September 17, 2014 01:00 pm JST
  • Aeon aims to win over Southeast Asia by replicating Malaysia model

    KUALA LUMPUR -- Since entering Malaysia 30 years ago, Japanese retail giant Aeon has worked tirelessly to build a solid presence in this diverse market, offering products that suit the lifestyles of consumers with different religions and income leve

    September 17, 2014 03:04 am JST
  • JFE Steel exits Vietnamese mill project

    TOKYO -- JFE Steel announced Tuesday that it is pulling out of plans to build an integrated steel mill in Vietnam after determining that the project would not be profitable. The Japanese steelmaker joined the Vietnam steel works project of Taiwa

    September 17, 2014 02:19 am JST
  • Mitsubishi Motors pins growth hopes on Southeast Asia

    TOKYO -- Mitsubishi Motors is piling on investments in Southeast Asia, seeking to lay new foundations for overseas expansion. The automaker said Tuesday that it will build an assembly plant in Indonesia. It aims to raise its market share in the

    September 17, 2014 01:39 am JST
  • UOB survey finds regional companies bullish on China

    SINGAPORE -- Despite increasing costs and slower growth, companies in the region are still keen on expanding in China with its growing middle-class consumer market, according to a survey by Singapore's United Overseas Bank (UOB) of over 1,000 mid-ti

    September 16, 2014 08:42 pm JST
  • Thailand's Kasikornbank offers insurance as market grows

    BANGKOK -- Kasikornbank, Thailand's fourth-largest bank by assets, is teaming up with nonlife insurer Muang Thai Insurance to sell products at the bank's counters. As the country's insurance market continues to grow, the companies expect to generate

    September 16, 2014 07:03 pm JST