Search results

Results 41 - 60 of 3765
  • Southeast Asian auto sales off to smooth start in 2017

    JAKARTA -- New-automobile sales climbed 5% on the year to 249,729 vehicles in six key Southeast Asian markets this January, growing in all except Vietnam, industry figures show.Indonesia's tally rose 1% to 86,252, continuing an uptrend that began la

    March 8, 2017 11:00 am JST
  • Siam Cement acquires Vietnam plant in ASEAN push

    BANGKOK -- Siam Cement Group has acquired several cement plants in central Vietnam, Thailand's largest materials company said Tuesday, a move that boosts overseas production capacity by 40%.The company acquired the entire stake in Vietnam Constructi

    March 8, 2017 02:45 am JST
  • Strong baht a mixed blessing

    SINGAPORE -- The Thai baht has been trending higher recently, lifted by an improved external balance due to a rapid increase in current-account surplus. At first glance, a strong baht may hint at robustness in the Thai economy, but it is also the re

    March 7, 2017 07:00 pm JST
  • Foreign tour shows soft power of symbolic monarch

    TOKYO -- Emperor Akihito and Empress Michiko received an enthusiastic welcome at each stop they made during a seven-day tour of Vietnam and Thailand, highlighting the key role the royal couple play by generating good will and bringing attention to f

    March 7, 2017 05:40 am JST
  • Japan's imperial couple pays tribute to late Thai king

    BANGKOK -- When Japan's Emperor Akihito and Empress Michiko offered a bouquet at the coffin of the late Thai King Bhumibol Adulyadej, Akihito appeared pensive as he fixed his gaze at the altar for a while.It was a sober moment when Akihito's friend

    March 6, 2017 03:53 pm JST
  • Place your bets

    New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 6, 2017 10:00 am JST
  • New Thai king receives Japanese emperor

    BANGKOK -- Thailand's new king received Emperor Akihito and Empress Michiko of Japan on Sunday, granting his first audience with a foreign head of state since he acceded to the throne following the death of his father, King Bhumibol Adulyadej, on Oc

    March 6, 2017 05:20 am JST
  • Paul Donovan

    Gold is a poor inflation hedge

    Across the world, investors are slowly coming to terms with the return of inflation. U.S. consumer price inflation was negative at the start of 2015. U.S. consumer prices are now rising 2.5% compared to a year earlier, and the rate of inflation is h

    March 5, 2017 01:00 pm JST
  • Kasikornbank offering local settlement for ASEAN currencies

    BANGKOK -- On the back of growing regional trade, Kasikornbank, Thailand's fourth-largest lender by assets, has expanded its local currency settlement services to cover all currencies of members of the Association of Southeast Asia Nations and its t

    March 2, 2017 11:53 pm JST
  • Asia braces for wave of oil and gas M&A

    DENPASAR, Indonesia --Merger and acquisition activity in Asia's energy sector will accelerate this year as crude oil prices stabilize and major Western oil producers seek to divest assets in the region, analysts say.Royal Dutch Shell announced plans

    March 2, 2017 07:08 pm JST
  • New frontiers for a new breed of casino operator

    HONG KONG Casino gambling has always been a cross-border business in Asia.The many gaming parlors of Macau, the region's oldest casino hub, could hardly have survived for so many decades just serving the small territory's population, today barely a

    March 2, 2017 10:00 am JST
  • China's growing travel bug to support new casino projects

    China's large and growing traveling class is expected to provide strong demand for the Asian casino market in coming years.The number of overseas trips made annually by China's 1.36 billion people now equates to a market penetration rate of 9%. This

    March 2, 2017 10:00 am JST
  • India's Bharti Airtel snaps up Telenor's local unit

    NEW DELHI Bharti Airtel, India's largest telecom operator, has agreed to buy the Indian operations of Norway's Telenor, a move that will bolster its position in the face of stiff competition from Reliance Industries' newly launched wireless venture.

    March 2, 2017 10:00 am JST
  • Airport 'hit' strains North Korea's relationship with Southeast Asia

    KUALA LUMPUR The killing of Kim Jong Nam, the half brother of North Korean leader Kim Jong Un, is fraying Pyongyang's relationship with the Association of Southeast Asian Nations and threatening its access to the greater international community.At a

    March 2, 2017 10:00 am JST
  • Thailand's Central Group stepping up online retail game

    BANGKOK -- Thai retail giant Central Group aims to raise the share of its sales generated by e-commerce operations to 15% over five years, up from the current 1%.CEO Tos Chirathivat laid out the goal in presenting the company's annual business plan

    March 2, 2017 07:11 am JST
  • ASEAN PMI inches up to 50.3 in February

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, rose slightly to 50.3 in February from 50.0 in January.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. February's PMI re

    March 1, 2017 09:30 am JST
  • Thailand's PMI unchanged at 50.6 in February

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, came in at 50.6 in February, unchanged from January's reading. A reading above 50 indicates economic expansion, while one below 50 points toward contraction. The latest f

    March 1, 2017 09:30 am JST
  • Thai Airways makes first net profit in 4 years

    BANGKOK -- After logging three consecutive years of net losses, Thai Airways International finally crawled back into the black in 2016, though the recovery was largely due to cheaper oil prices and lower restructuring costs rather than improved oper

    March 1, 2017 03:30 am JST
  • 'America first' era seen dealing a blow to Asia: JCER

    TOKYO -- If the U.S. decides to introduce what is being called a border adjustment tax system, it could end up pushing down economic growth rates in five Asian nations that the Japan Center for Economic Research studied.The five countries are China,

    February 28, 2017 10:45 pm JST
  • Asia needs $26tn for infrastructure through 2030: ADB report

    MANILA -- Asia will need $26 trillion of infrastructure investment in the 15 years from 2016 to 2030, said a report published on Tuesday by the Asian Development Bank.According to the report, titled Meeting Asia's Infrastructure Needs, the region ne

    February 28, 2017 01:23 pm JST