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  • High growth in Asia-Pacific of high net worth individuals

    SINGAPORE -- The wealth held by high net worth individuals (HNWIs) in emerging Asia is predicted to grow at about 12.3% annually from 2013 to 2016, and at about 8.4% for their counterparts in more mature Asian economies, according to the Asia-Pacifi

    October 21, 2014 09:07 pm JST
  • Japan's Takashimaya teams with Iconsiam in Thai retail push

    BANGKOK -- Japanese department store operator Takashimaya will open its first outlet in Thailand in 2017 as the core tenant of Icon Siam, a huge shopping and residential complex being developed along the Chao Phraya River in Bangkok. Takashimay

    October 21, 2014 07:22 pm JST
  • Southeast Asian companies benefit from Myanmar investment boom

    SINGAPORE -- Myanmar, known recently as Southeast Asia's last frontier, is seeing companies from around the region flock to cash in on the newly opened nation's economic potential. Yum! Brands announced on Oct. 13 that it will open the first out

    October 20, 2014 07:00 pm JST
  • Signs of bubble collapse appearing in emerging Asia

    TOKYO -- The imminent normalization of U.S. monetary policy may spell bad news for investors. How bad? According to a recent report by the International Monetary Fund, the shift could see market players lose 8%, or $3.8 trillion, on their bond portf

    October 19, 2014 07:00 am JST
  • Thailand's southern provinces continue to suffer from independence conflict

    PATTANI, Thailand -- In May, 29 year-old homemaker Joraporn Thongcheua had just stepped into a 7-Eleven at around 7:30 p.m, when she suddenly felt a blast. She turned to find her two-year-old son Thanakit, on the floor with a large piece of metal pr

    October 17, 2014 01:00 pm JST
  • Nehru, Tang: Democratic despair masks hope in Southeast Asia

    Under pressure from elites and other interest groups in Indonesia, Myanmar and Thailand, democracy appears to be in retreat in Southeast Asia. These setbacks should be seen as temporary. Over the long term, democratic forces will prove too strong to

    October 16, 2014 11:00 pm JST
  • Insecurity hangs over Thai generals as they take world stage

    As he boarded the plane from Bangkok to Milan Oct. 14 for the 10th annual Asia-Europe Meeting (ASEM), Thailand's new Prime Minister Prayuth Chan-ocha was no doubt feeling optimistic about his government's prospects. The visit to Italy highlights the

    October 16, 2014 01:00 pm JST
  • Thailand's PTT beefing up LNG terminal network

    BANGKOK -- Thailand's state-owned oil company PTT will build its third liquefied natural gas terminal as it steps up procurement from abroad amid growing power consumption at home. The company's capacity to receive LNG will triple once the new f

    October 16, 2014 04:54 am JST
  • Japanese carmakers adding foreign-built models to domestic lineups

    TOKYO -- Japanese automakers are moving to bring models they build abroad to their home market amid the weakening of the yen, a sign that these companies are steadily establishing global production systems immune to exchange rate fluctuations. In

    October 16, 2014 03:25 am JST
  • Indonesia holds promise, pitfalls for 7-Eleven

    JAKARTA -- In Indonesia's capital, 7-Eleven is not your typical "grab and go" convenience store. It is more like a cafe: Customers sit at tables, eating packaged meals and sipping Slurpee frozen drinks. The store has air conditioning and free Wi-Fi.

    October 16, 2014 12:00 am JST
  • Thitinan Pongsudhirak: Thai junta's roadmap will lead to uncertainty

    Since it seized power on May 22, Thailand's military junta, led by Gen. Prayuth Chan-ocha, has plowed ahead methodically with its drive to suspend Thai democracy, ostensibly to repair it while "returning happiness" to the people. But as political po

    October 16, 2014 12:00 am JST
  • Anders Corr: China threat requires an Asian NATO

    China's increasing belligerence in the East and South China seas, and toward India, has fundamentally destabilized the security dynamics of Asia. Japan is seeking a closer alliance with India and is likely seeking advanced offensive weapons from the

    October 16, 2014 12:00 am JST
  • Thai airports in search of a president

    BANGKOK -- Airports of Thailand (AOT), which operates Bangkok's international airports as well as Thailand's larger domestic facilities, needs a new president who must be a Thai not older than 58 with a bachelors degree. AOT's former president,

    October 15, 2014 11:47 pm JST
  • Japanese coffee wholesaler bets big on bitter, rich roasts in Thailand

    BANGKOK -- Coffee drinking in Thailand is dominated by cafe chains like Starbucks and local food stalls. But one Japanese coffee and food trading house is trying to break into this competitive coffee market with the blunt catchphrase: "Tasty coffee

    October 15, 2014 07:00 pm JST
  • Indonesia rubber woes highlight infrastructure deficits

    JAKARTA -- Amid a sustained fall in global rubber prices, the head of Indonesia's main rubber producers' group has warned that the industry faces decline unless President-elect Joko Widodo takes urgent action to improve the country's infrastructure.

    October 15, 2014 07:00 pm JST
  • ASEM's 10th summit most important yet

    Asia matters -- for Europe. And Europe matters -- for Asia. That is why the Asia-Europe Meeting (ASEM) was created in 1996. That is why it has become the key forum for dialogue and cooperation between Europe and Asia. And that is why on Oct. 16 and

    October 15, 2014 06:40 pm JST
  • Lotte tries to catch pop culture wave with new Seoul megamall

    SEOUL/BANGKOK/DALIAN -- As big-budget shopping malls pop up across Asia, to varying degrees of success, South Korea's newest would-be consumer mecca attempts to capitalize on the country's prolific pop culture. Lotte World Mall opened Tuesday to

    October 15, 2014 12:00 pm JST
  • Frederic Neumann: Asia should keep cutting subsidies

    That reforms are urgently needed in Asia to keep growth humming along is not exactly a secret. And it is easy to dismiss efforts so far as feeble, at best. Leaders throughout the region have made many ambitious promises on this front, but implementa

    October 15, 2014 09:30 am JST
  • Siam Piwat woos Thailand's lost shoppers

    BANGKOK -- Siam Piwat, one of Thailand's top-end shopping mall operators, has teamed up with five prestigious foreign retail chains in a joint membership program for regional shoppers. South Korea's Lotte, Japan's Sapporo Parco, Hong Kong Times

    October 15, 2014 12:08 am JST
  • Thailand's coup leader works to win over EU's diplomats

    BRUSSELS -- Thailand's military leaders may have swapped their army fatigues for silk suits after their May 22 coup, but at least in Europe, some governments have indicated that the newly established class of civilian-styled generals is not fooling

    October 14, 2014 07:00 pm JST