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  • Security services take aim at cybercrime hotbed Southeast Asia

    TOKYO -- Cybercrime is becoming rampant in Southeast Asia, causing severe losses and service disruptions at businesses and financial institutions, but Singapore is emerging as a fortress of defense.Vulnerable systemsStarHub, a telecom company in the

    February 2, 2017 11:40 am JST
  • ASEAN PMI rises to 50.0 in January

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, marked 50.0 in January, showing manufacturing operating conditions were unchanged from a month ago. December's PMI was 49.4.A reading above 50 indicates economic expansion,

    February 2, 2017 09:30 am JST
  • Thai auto market set to rebound after long five years

    BANGKOK -- The Thai auto market is expected to regain steam this year as beneficiaries of a 2012 tax break who were stuck with the same car for five years can finally sell their vehicles and purchase new ones.Major Japanese automakers have announced

    February 1, 2017 11:00 am JST
  • January Thailand manufacturing PMI unchanged at 50.6

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, remained at 50.6 in January, showing an improvement in business conditions for the second straight month.A reading above 50 indicates economic expansion, while one below

    February 1, 2017 09:30 am JST
  • Thailand faces uphill battle on anti-corruption campaign

    BANGKOK -- Who says British and American companies are losing out in the Southeast Asian market? At least two major corruption scandals that broke in January seem to indicate that Anglo-American multinationals have been holding their own against the

    January 31, 2017 06:50 pm JST
  • Nobuko Kobayashi

    What happens when Asia's low labor cost model is disrupted?

    At the recent World Economic Forum in Davos, Switzerland, there was an undeniable sense of unease despite the bright sunshine and ever-flowing champagne.The 3,000 or so business and political elites gathered in the Alpine splendor had to not only fa

    January 31, 2017 03:00 pm JST
  • FT Confidential Research

    Chinese capital curbs to crimp Thai real estate inflows

    Demand for homes in Thailand is growing among middle-income Chinese buyers drawn in by the low cost of real estate relative to mainland China.Although Chinese buyers still account for a relatively small proportion of the overall Thai market, we esti

    January 31, 2017 01:00 pm JST
  • Top Thai banks boost profit 3% in 2016

    BANGKOK -- Net profit at Thailand's five biggest banks climbed 3% to 173.28 billion baht ($4.92 billion) in 2016, recovering from a slump a year earlier.However, the banks are releasing conservative estimates for this fiscal year, concerned about gl

    January 31, 2017 06:42 am JST
  • Asia rides economic shifts to M&A record

    TOKYO -- Asian companies conducted a record 12,001 mergers and acquisitions in 2016, reflecting consolidation in India to tap growing domestic demand and a turn abroad in China.The number of M&A deals announced in 2016 involving companies in Asia ex

    January 31, 2017 03:28 am JST
  • Thai finance ministry raises 2017 GDP growth outlook to 3.6 pct from 3.4 %

    BANGKOK (Reuters) -- Thailand's economy is expected to grow 3.6 percent this year, up from the 3.4 percent previously projected, thanks to higher public spending and improved exports, the finance ministry said on Monday.Southeast Asia's second-large

    January 30, 2017 04:50 pm JST
  • Southeast Asia reforms customs rules to boost trade

    BANGKOK -- Southeast Asian countries are working to reform customs systems in a bid to boost trade.Members of the Association of Southeast Asian Nations are mostly ranked low in the latest global ranking of logistics efficiency by the World Bank, ba

    January 30, 2017 03:10 pm JST
  • Trump trade adviser sees bilateral deals replacing TPP

    WASHINGTON -- The U.S. will make bilateral deals central to the country's trade policy after its withdrawal from the Trans-Pacific Partnership agreement, according to a top trade adviser to the Donald Trump administration. The comments were made by

    January 30, 2017 12:18 pm JST
  • Mike Thomas and Leo Lester

    Southeast Asia needs investment in energy innovation

    The last few years have been marked by spectacular advances for green energy generation. In 2015, $348 billion was invested in renewables, and total worldwide installed capacity overtook coal. In 2016, U.K. generation from wind was higher than coal

    January 30, 2017 11:00 am JST
  • Toyoda family sends message of gratitude with Thai visit

    BANGKOK -- The condolence visit to Thailand by Toyota Motor executives for the late Thai king went a long way toward cementing the friendly ties between the two countries.In late December last year, a Thai newspaper ran a photo of Toyota Honorary Ch

    January 30, 2017 06:00 am JST
  • Thai soccer targets Asia-wide goals

    BANGKOK -- The 2017 Thailand Premier League soccer season kicks off on Feb. 11 with the local league and the national team firmly established as the strongest football powers in Southeast Asia. While Thailand is yet to make it to the World Cup, the

    January 30, 2017 12:10 am JST
  • Beverage groups look beyond beer in thirsty Southeast Asia

    Suntory Holdings is trying to position highballs as the next big alcoholic beverage in Southeast Asia after beer, but the Japanese drinks group faces local competition hoping to do the same with their products.Finding the right mixOn a recent night

    January 28, 2017 08:10 am JST
  • Thailand rolls out PromptPay money transfer service

    BANGKOK -- Thailand launched a new interbank mobile payments system on Friday enabling money transfers that are cheaper and easier than those offered by conventional banks.The system, called PromptPay, allows registered customers to transfer funds u

    January 27, 2017 11:20 pm JST
  • Continental to build 250m euro tire plant in Thailand

    BANGKOK -- German auto component maker Continental said it plans to make tires in Thailand, starting in 2019.Continental will build a new plant in Rayong, a province some 140km southeast of Bangkok, it said. In the first phase of the project, the co

    January 27, 2017 07:00 pm JST
  • Tea Leaves

    Paradise lost: Is Asia destroying its cultural heritage?

    On a recent return to Phnom Penh after several years' absence, I lapsed into moments of extreme disorientation. Where was the city I had known and loved, even amid the tragedy of the Cambodian war that I covered as a journalist in the 1970s? Where w

    January 27, 2017 01:30 pm JST
  • The 'final frontier' is now the next place of business

    TOKYO -- It was a sunny January morning at the Uchinoura Space Center in Kagoshima Prefecture, the perfect day for a launch."3... 2... 1... 0."The countdown ended, and the Japan Aerospace Exploration Agency's SS-520 mini-rocket blasted off into the

    January 27, 2017 11:00 am JST