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  • 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
  • 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
  • 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
  • 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
  • Southeast Asia mines riches from mountain of industrial waste

    TOKYO -- Southeast Asian manufacturing hubs are working to recover and recycle scarce metals from growing piles of industrial waste. In resources-scarce Singapore, there is actually a gold-mining operation in the Jurong Industrial Estate, in the

    July 24, 2014 12:00 am JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Thailand outlets blend into the scenery

    BANGKOK -- Tourists coming to the city's center are usually surprised at how urbanized it is. There are no elephants strolling along the streets. In fact, the streets are packed with cars, trucks and buses. In many places, skyscrapers tower over the

    July 24, 2014 12:00 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
  • Rich-poor divide threatens Asia's political stability

    BANGKOK -- Political tumult continues in South and Southeast Asia and shows few signs of drawing to a close. Thailand, for example, is riven by policy and leadership disputes, particularly between the country's increasingly prosperous middle- an

    July 23, 2014 07:00 pm JST
  • Profits and nonperforming loans both up for Thai banks

    BANGKOK -- The combined net profits of Thailand's top four banks saw an increase of 5% on the year in the first half of 2014, even after the country's economy slowed down amid prolonged political unrest. But nonperforming loans also rose as debt inc

    July 22, 2014 11:34 pm JST
  • China Mobile's money set to improve Thai wireless carrier True's trajectory

    BANGKOK -- A massive investment by China Mobile appears to have Thai wireless carrier True poised for a return to profitability after three years of losing money. True, a telecommunications unit of conglomerate Charoen Pokphand Group, is the thi

    July 22, 2014 07:00 pm JST
  • Rising nationalism threatens Asia's economic interdependence

    BANGKOK -- Asia's rapid ascent has led many to dub this the "Asian century," but an intensifying cycle of nationalism is one of a number of issues the region must overcome to become a driver of the global economy.China at the centerChinese oil drill

    July 22, 2014 07:00 am JST
  • Western, South Korean investment in Thailand surged in first half

    BANGKOK -- Foreign direct investment in Thailand from the U.S., the European Union and South Korea grew by leaps and bounds in the six months through June as companies ramped up infrastructure and manufacturing plans despite the Southeast Asian nati

    July 22, 2014 01:31 am JST
  • Cartoon Network Amazone opens near Pattaya

    PATTAYA, Thailand -- Cartoon Network could put Thailand on the global theme park map with the soft-opening in late July of its first water park near Pattaya, the kingdom's largest seaside resort. Located on a 14-acre site in the former fishing

    July 21, 2014 08:45 pm JST
  • Development Bank of Japan to tie up with Thai conglomerate

    TOKYO -- The Development Bank of Japan and Thailand's Charoen Pokphand Group plan to pitch in equally to launch a 40 billion yen ($391 million) fund to help Japanese corporations make inroads into Asian markets. CP Group, which was founded by Ch

    July 21, 2014 02:01 am JST
  • Kobe Steel to boost output in Asia amid strong auto demand

    TOKYO -- Kobe Steel will raise wire production in Asia by about 10% as early as next year in response to moves by automakers to ramp up output in the region. The Japanese steelmaker plans to install equipment at Kobe Special Steel Wire Products

    July 21, 2014 01:56 am JST
  • Budget carrier Peach aiming to take off from Naha

    OSAKA -- Peach Aviation is building up Okinawa's Naha Airport as a second hub, looking to use it as a foothold to return to a growth track after setbacks from a pilot pinch. The Japanese low-cost carrier will begin service Saturday between Naha

    July 19, 2014 01:14 am JST
  • Thitinan Pongsudhirak: The geopolitical ripples of Thailand's coup

    BANGKOK -- Thailand's May 22 military coup has generated striking geopolitical divides across the globe, as seen in the range of responses, from Washington and Beijing to Southeast Asian and European capitals and beyond. Western powers, particularly

    July 18, 2014 07:00 pm JST
  • International airlines avoid Ukraine airspace

    TAIPEI -- Major international airlines said Friday they are avoiding Ukrainian airspace, while China and the U.S. banned flights over the area after a Malaysia Airlines jetliner was shot down hours earlier. U.S. officials said Malaysia Airlines

    July 18, 2014 05:10 pm JST
  • Soccer alive and well in Southeast Asia

    BANGKOK -- No Southeast Asian country competed in this year's World Cup, but soccer is just as popular here as anywhere else. With incomes rising and fans starting to embrace local leagues, ticket and merchandise sales are skyrocketing and stadiums

    July 18, 2014 01:00 pm JST