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  • Thai materials giant's global shift

    Siam Cement invests in Norway, Indonesia firms

    BANGKOK -- Siam Cement, Thailand's largest materials conglomerate, announced on Thursday the acquisitions of two overseas companies, a Norwegian R&D firm and an Indonesian packaging company. "These investments reflect the determination of Siam C

    December 19, 2014 11:45 am JST
  • TUF expanding in US

    Thai tuna giant buys Bumble Bee for $1.51B

    BANGKOK -- Thai Union Frozen Products, the world's largest canned tuna producer, has agreed to acquire a 100% stake in U.S. peer Bumble Bee Seafoods for $1.51 billion from a U.S. private equity company. The takeover will boost TUF's revenue by 25%,

    December 19, 2014 11:10 am JST
  • Tony Tan

    Setting standards for funds passports

    Since August, investors in Malaysia, Singapore and Thailand have been allowed to buy into retail funds offered by fund managers from across ASEAN. Officials are finalizing plans for cross-border fund sales between Hong Kong and mainland China wh

    December 18, 2014 07:00 pm JST
  • Sanny Ramos Jegillos

    Region still at risk from disasters, but better prepared

    Apart from the unimaginable devastation and loss of life, the most striking aspect of the Asian tsunami of Dec. 26, 2004 is how little understood were the risks of such an event occurring. Among those who knew what destruction could be unleashed by

    December 18, 2014 01:00 pm JST
  • PTTEP, Garuda and others

    Falling crude, currencies hurt some Southeast Asia stocks, help others

    BANGKOK -- The drop in crude oil prices and the weakening of local currencies has impacted the stock prices of major corporations in Southeast Asia, with resource companies getting hit hard from falling crude prices while airlines get a boost. A

    December 18, 2014 04:03 am JST
  • Uber in Asia:

    Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • More money, more guns

    Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Home of secrets

    Historical facts can be objectively recorded, but the causes and consequences of each particular event are open to interpretation. History is constantly distorted, reinterpreted, revised or romanticized. In some cultures and societies, historical me

    December 18, 2014 12:00 am JST
  • Frederic Neumann: Asia does not have a dollar problem

    After a few false starts in recent years, the greenback is embarking on a relentless climb. Major swings in exchange rates force investors to reassess their positions, not just tactically but strategically. Global finance is thus in for a turbul

    December 18, 2014 12:00 am JST
  • Asia better equipped to prevent currency crash

    SINGAPORE -- The Russian ruble's rapid decline has triggered some concerns over a repeat of the 1997 Asian currency crisis, but most market watchers say the region is now better prepared to deal with the selling pressures surrounding their currencie

    December 18, 2014 12:00 am JST
  • SGX out to cement Asian trading hub status via partnerships

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regi

    December 18, 2014 12:00 am JST
  • Discount carriers take off in Southeast Asia

    Budget carriers are gaining profile in the global air travel industry, with market share in North America, West Europe and two other major regions now over 30%. In Southeast Asia, that figure jumped from just 3% in 2001 to over 50% in 2012. The rapi

    December 18, 2014 12:00 am JST
  • Uber in Asia: Regulators chase the car-hailing venture

    KUALA LUMPUR/NEW DELHI/BANGKOK -- Uber Technologies kicks up a storm just about everywhere it takes its smartphone-based ride-hailing service. Having run afoul of regulators and incurred the wrath of old-guard taxi companies in the U.S. and Europe,

    December 18, 2014 12:00 am JST
  • Brian Toohey: Heavy spending on weaponry feeds Asian instability

    There is no iron law stating that the arms buildup underway in the Asia-Pacific region must trigger a war that would kill millions and wreck economies. However, there is also no reason to suppose that more spending -- combined with the U.S. "pivot"

    December 18, 2014 12:00 am JST
  • Asia's military budgets surge as armies go high-tech

    SYDNEY -- On two recent occasions, a pair of Sukhoi Su-30 fighters have taken off from their base near the old Indonesian trading port of Makassar and flown far across the Indonesian archipelago to intercept unidentified aircraft. One of the mys

    December 18, 2014 12:00 am JST
  • Southeast Asia's traffic woes

    Japanese companies try to ease congestion with technology

    JAKARTA/BANGKOK/TOKYO -- Japanese companies are helping Southeast Asian cities ease traffic congestion, which looks set to get worse if nothing is done. Toyota Motor spent 15 million yen ($127,215) and teamed up with 23 of its local group compa

    December 17, 2014 07:00 pm JST
  • Conglomerates in Thailand

    Loxley does everything from sushi to infrastructure

    BANGKOK -- Loxley is a trading house with businesses ranging from sushi restaurants to infrastructure. One of the oldest of the ethnic Chinese companies that dominate Thailand's economy, Loxley has grown by changing with the times. Founded in 19

    December 17, 2014 07:00 pm JST
  • Nikkei/FT symposium

    Experts say Japan should help Southeast Asia strengthen regional ties

    TOKYO -- A Japan Bank for International Cooperation official said Japan needs to provide investments and loans to ASEAN to build electric power facilities, railroads and ports. Senior managing director of the JBIC, Tadashi Maeda, said, "Infr

    December 17, 2014 06:50 pm JST
  • Asia travel

    Budget hotels could be the next travel boom

    TOKYO -- Japan aviation continues to change drastically two years after budget airlines embedded themselves in the industry. But moves to pursue low-cost business models appear likely to reach beyond the airline industry. Hotels are one good exa

    December 17, 2014 01:00 pm JST
  • Brahma Chellaney

    Asia on the natural disaster front line

    No continent is more vulnerable to natural disasters than Asia, the world's largest and most populous region. It has the dubious distinction of being home to some of the world's leading natural disaster-related hot spots. One fact confirms Asia'

    December 17, 2014 01:00 pm JST