Search results

Results 1 - 20 of 474
  • Japanese carmakers turning Asia into global factory

    TOKYO -- Japan's six major automakers, including Toyota, Nissan and Honda, plan to increase total production in Asia by about 30%, aiming to churn out over 10 million vehicles a year there as early as 2017. The addition of 2.38 million units in

    April 16, 2014 04:12 am JST
  • Money raised via Asian IPOs quadrupled last quarter

    HONG KONG -- Corporations procured a total of $14 billion through initial public offerings in the Asia-Pacific region during the January-March quarter, four times as much as a year earlier. The figure accounts for 41% of the global tally, accord

    April 16, 2014 04:01 am JST
  • Newer Asean members' revenues pinched by free trade zone

    HANOI -- Less-developed members of Asean are struggling to replace tax revenues being lost as they move to reduce tariffs in line with the Southeast Asian bloc's plans for regional economic integration. To promote free trade across the region, m

    April 16, 2014 02:10 am JST
  • 'Tonkotsu' ramen bowling over Asia

    TOKYO -- Japanese ramen has a lot of fans throughout Asia, but one variety of this noodle dish -- tonkotsu style -- is proving especially popular, especially among the region's Chinese populace. Tonkotsu, which literally means "pork bones," ref

    April 15, 2014 07:00 pm JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • Bangkok feeling first squeeze of office shortage

    BANGKOK -- Demand for office space in Thailand's capital is starting to stretch the slow-growing supply, presenting a potential challenge for companies looking to move in. Bangkok's office vacancy rate fell to 9.6% at the end of 2013, dropping i

    April 15, 2014 12:27 am JST
  • Japan's tourism boom is just beginning

    TOKYO -- With a sharp rise in the number of overseas visitors to Japan, electronics retailer Laox is focusing on attracting customers from the rest of Asia. Laox now operates as a subsidiary of major Chinese retailer Suning Appliance. In a recen

    April 14, 2014 07:00 am JST
  • Siam Cement forms ceramics venture with Italy's Florim

    BANGKOK -- Siam Cement Group will in early 2015 start producing high-end ceramics in Italy through a new joint venture with local ceramics company Florim Ceramiche. Siam Cement's ceramics subsidiary, SCG Cement-Building Materials, holds a 33% st

    April 11, 2014 07:30 pm JST
  • PTT shareholders demand transparency, better souvenirs at annual meeting

    BANGKOK -- The biggest issue to come under fire at Thursday's annual shareholders meeting of PTT, Thailand's energy giant, was neither the fall in profit nor the oil spill that spoiled the beaches of Ko Samet island last year. It was the plain w

    April 11, 2014 03:57 pm JST
  • Bank of Ayudhya CEO confident on strengthening ops

    BANGKOK -- Three months ago, Noriaki Goto, former executive officer of Bank of Tokyo-Mitsubishi UFJ (BTMU)'s U.S. holdings division, assumed the post of CEO of Bank of Ayudhya (BAY), also known as Krungsri. In an interview with The Nikkei, he expres

    April 11, 2014 01:00 pm JST
  • Bank of Ayudhya, BTMU team up to challenge Thailand's 'Big Four'

    BANGKOK -- Bank of Ayudhya (BAY), Thailand's fifth-largest bank by assets, is set to catch up to the country's "Big Four" banks in both domestic and global operations under its new parent, Japan's Bank of Tokyo-Mitsubishi UFJ (BTMU). While demand fo

    April 11, 2014 01:00 pm JST
  • Thai plastic resin maker Indorama buys Turkish peer

    BANGKOK -- Thailand's Indorama Ventures, the world's leading maker of the resin used in plastic bottles, is buying its way into Turkey. Indorama, the top producer of polyethylene terephthalate resin, or PET, announced Thursday that it is acquiri

    April 11, 2014 12:22 pm JST
  • Toyota affiliates to grow maintenance network in Southeast Asia

    TOKYO -- Autoparts makers Denso and Aisin Seiki and trading house Toyota Tsusho will open auto repair shops in Thailand and Indonesia this year, expanding on a concept they have already put to work in the region. The Toyota group members aim to

    April 11, 2014 05:38 am JST
  • Mitsubishi Materials to build factory in Laos

    TOKYO -- Mitsubishi Materials said Wednesday that it plans to invest about 600 million yen ($5.83 million) to build an air-conditioner-component plant in the Laotian capital of Vientiane. The factory, which will make temperature sensors, is slat

    April 10, 2014 01:10 am JST
  • Central Group's rapid rise from tiny shop to retail juggernaut

    BANGKOK -- The history of Central Group, the biggest retail conglomerate in Southeast Asia, dates back 90 years, since its start as a tiny shop in Bangkok. Later it opened Thailand's first department store and aggressively diversified its business.

    April 10, 2014 12:00 am JST
  • Thailand's Central Group diversifying its way to bigger earnings

    BANGKOK -- Malls and department stores are what made Central Group Southeast Asia's biggest retail conglomerate, but the Thai juggernaut is steadily adding muscle in supermarkets, convenience stores, restaurants, hotels and TV shopping. The grou

    April 10, 2014 12:00 am JST
  • Central Group sending 37-story message with new Bangkok landmark

    BANGKOK -- The latest addition to the Thai capital's skyline is not merely a building -- it is intended as a symbol. Central Group, the retail conglomerate behind the project, believes the 37-story structure will help in crafting an image of moderni

    April 10, 2014 12:00 am JST
  • Group dynamics

    Central Group is already Southeast Asia's biggest retail conglomerate, but the Thai powerhouse is on an expansion kick that may make its current scale look like small potatoes. Despite the unrest in Bangkok, Central Group is moving ahead with pl

    April 10, 2014 12:00 am JST
  • Chirathivat conglomerate's meteoric rise

    BANGKOK -- The history of Central Group, the biggest retail conglomerate in Southeast Asia, dates back 90 years, since its start as a tiny shop in Bangkok. Later it opened Thailand's first department store and aggressively diversified its business.

    April 10, 2014 12:00 am JST
  • Japan's tourism boom is just beginning

    TOKYO -- With a sharp rise in the number of overseas visitors to Japan, electronics retailer Laox is focusing on attracting customers from the rest of Asia. Laox now operates as a subsidiary of major Chinese retailer Suning Appliance. In a recen

    April 10, 2014 12:00 am JST