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  • Japanese firms taking steps to shield themselves from Thai chaos

    TOKYO -- As anti-government demonstrators continue to wreak havoc on Bangkok's tourism industry, Japanese corporations there are basically going on with business as usual while putting contingency plans in place. Protesters have occupied seven m

    January 28, 2014 07:00 am JST
  • Noodle shop Ringer Hut's Thai ambitions haven't cooled

    TOKYO -- Ringer Hut, which runs an eponymous chain of noodle shops, is looking to buy a majority stake in Hachi-ban, a smaller Japanese rival with a relatively strong presence in Thailand, by year's end. After failing to win over customers in th

    January 27, 2014 07:00 pm JST
  • Tanjung gets back to his roots for success

    JAKARTA -- One thing sets apart Chairul Tanjung as a tycoon in Indonesia: He's an ethnic Indonesian. Chinese-owned conglomerates have long dominated the Indonesian economy. CT, founded by Tanjung, is an exception to the rule. While conglomerates

    January 27, 2014 05:00 pm JST
  • Salim spreads his wings overseas

    JAKARTA -- Foreign expansion will test Anthony Salim this year. The head of Indonesia's major conglomerate Salim Group also serves as the president and CEO of Indofood Sukses Makmur, the country's biggest food maker. Attention is being paid to w

    January 27, 2014 05:00 pm JST
  • Sugiarto sees life beyond cars

    JAKARTA--Prijono Sugiarto must diversify income streams this year as president of Astra International. One of Indonesia's largest conglomerates, Astra assembles and sells vehicles in collaboration with Japanese automakers Toyota Motor and Daihat

    January 27, 2014 05:00 pm JST
  • Japanese megabanks use M&As to establish beachheads in SE Asia

    TOKYO -- Two Japanese megabanks are poised to explore the Southeast Asian market in earnest by acquiring local banks. Mitsubishi UFJ Financial Group (MUFG) last December purchased a 72% stake in Thailand's fifth largest bank Bank of Ayudhya Public (

    January 27, 2014 01:00 pm JST
  • Thai central bank holds steady amid strife on the streets

    BANGKOK -- The Bank of Thailand is in wait-and-see mode, with the massive anti-government movement in the country showing few signs of reaching a denouement. The central bank on Wednesday decided to maintain its policy interest rate at 2.25%.

    January 26, 2014 01:00 pm JST
  • Japanese soccer coaches put expertise into practice in Southeast Asia

    TOKYO -- Japanese soccer stars have been making names for themselves abroad in recent years. But players are not Japan's only football-related exports: coaches and managers are also fanning out overseas. Many are going to Southeast Asia, Thailan

    January 26, 2014 01:00 pm JST
  • Blooming power of flowers

    TOKYO -- Shogo Kariyazaki, a Japanese ikebana flower arrangement artist, held an exhibition of his works in Bangkok in December. It was his first full-scale exhibition in Asia outside Japan, though he has had several opportunities to exhibit his wor

    January 25, 2014 01:00 pm JST
  • Thai court rules Feb. 2 election can be postponed if gov't agrees

    BANGKOK (Kyodo) -- Thailand's Constitutional Court on Friday ruled that the general election currently scheduled for Feb. 2 can be rescheduled if the government accepts the Election Commission's recommendation that it be postponed. The court's ju

    January 25, 2014 12:28 am JST
  • Thailand and the economic risks of unrest

    BANGKOK -- An accelerating sell-off in Thai stocks and bonds and widening credit spreads on the country's debt have sent clear signals of intensifying investor anxiety about the turmoil engulfing Bangkok, and its potential impact on capital markets

    January 24, 2014 01:00 pm JST
  • Welcome to the world, Chinese tourists

    It's that time of the year again. As the Lunar New Year approaches, Chinese are packing their bags to visit friends and family across the vast country. This year, during China's peak travel season, which straddles the holidays and lasts about 40 day

    January 24, 2014 01:00 pm JST
  • Japan firms in Thailand feeling limited impact amid growing chaos

    BANGKOK -- Despite escalating turmoil triggered by anti-government protesters' campaign to shut down the capital, Japanese companies here have largely managed to maintain normal operations. With protesters having seized control of some sections

    January 24, 2014 07:00 am JST
  • Glico to ramp up sales of Pocky in Southeast Asia

    OSAKA -- Japanese confectioner Ezaki Glico will set up a sales company in Indonesia in late March, part of efforts to increase sales of mainstay chocolate snack Pocky in Southeast Asia. Previously, a local agent marketed the product mainly to la

    January 24, 2014 05:59 am JST
  • Private sector to sow Asean economic ties: NAR Davos roundtable

    20140123_NAR

    DAVOS, Switzerland -- As the importance of the private sector in improving the world emerges as a main theme of this year's World Economic Forum Annual Meeting in Davos, Switzerland, business leaders from Southeast Asia unanimously declared that co

    January 23, 2014 11:33 pm JST
  • Premchai faces Myanmar hurdles

    BANGKOK -- Premchai Karnasuta, president of Italian-Thai Development, has spearheaded to make his company a major general contractor in Southeast Asia. Generally viewed as a businessman who is outspoken and acts boldly, Premchai is resolved to this

    January 23, 2014 05:00 pm JST
  • Vikrom changes parks into gold

    BANGKOK -- Tiki is a sparsely populated mountainous area in southern Myanmar, 10km from the border with Thailand. It is where Amata, Thailand's largest developer and operator of industrial parks, plans to this year start the development of a large s

    January 23, 2014 05:00 pm JST
  • CK's Supamas is Myanmar-bound

    BANGKOK -- CK Power, one of Thailand's major private electric power companies, expects sales to grow 20% on the year for 2014. CKP is led by Managing Director Supamas Trivisvavet, 39. Trivisvavet stressed that she would search for promising proj

    January 23, 2014 05:00 pm JST
  • Dhanin has Thailand's deepest pockets

    BANGKOK -- Thailand's richest man, Dhanin Chearavanont, is eyeing the auto market. Dhanin's Charoen Pokphand Group is the largest business conglomerate in Thailand. It is engaged in a wide variety of operations, ranging from food to distribution

    January 23, 2014 05:00 pm JST
  • Thailand's 'Whiskey King' gives regional expansion a shot

    BANGKOK -- Charoen Sirivadhanabhakdi, chairman of Thai Charoen Corp. Group, a major conglomerate with Thai Beverage at its core, is widely known at home as the "Whiskey King." He has his eyes on a wider share of the Association of Southeast Asia

    January 23, 2014 05:00 pm JST