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  • Nikkei Asia300 index falls on technology stocks, almost erases weekly gains

    HONG KONG (Nikkei Markets) -- Technology stocks led Asian equities outside Japan lower on Friday, wiping off most of the accumulated gains for the week triggered by bets slowing inflation would prompt the U.S. Federal Reserve to hold back further ra

    July 28, 2017 08:52 pm JST
  • Thailand's new king turning 65 without public appearance

    BANGKOK -- As King Maha Vajiralongkorn Bodindradebayavarangkun turns 65 on Friday, his first birthday since his accession in October, celebrations are being restrained by the year-long official mourning period for his revered father, King Bhumibol A

    July 28, 2017 01:47 pm JST
  • Japanese trading houses juice up power plant operations

    TOKYO -- Japan's big trading houses are adding more staff to their power plant construction operations to meet growing demand in Asia and Africa and to gain an edge over their Chinese and South Korean rivals.Marubeni plans to increase staffing in Ba

    July 28, 2017 11:59 am JST
  • ASEAN AT 50

    In search of ASEAN 'champions'

    TOKYO -- Despite proving to be a unique and successful development model, ASEAN is lacking in the innovation department. This is how Fukunari Kimura, a professor of trade and development economics at Japan's Keio University, sees the region. He rece

    July 28, 2017 10:55 am JST
  • Thailand's Saha Group sets sights on e-commerce wave

    BANGKOK -- Thailand's consumer products conglomerate Saha Group, which has grown through numerous joint ventures with Japanese companies such as Lion Corp. and lingerie maker Wacoal, is now set to expand its e-commerce channels. The group in June si

    July 28, 2017 09:00 am JST
  • Southeast Asian companies find ideal partners -- each other

    JAKARTA With their bright red and yellow signage, the Alfamart convenience stores sprouting up in Manila and other Philippine cities are hard to miss. But what really sets them apart is their parentage: In a market dominated by Japanese brands like

    July 27, 2017 10:00 am JST
  • Thai Union CEO looks to US restaurants for growth

    BANGKOK Thai Union Group, the world's largest producer of canned tuna, has begun developing a restaurant business as it tries to deal with the rising cost of canning brought on by a strengthening Thai baht and tighter rules over foreign workers.The

    July 27, 2017 10:00 am JST
  • Lazada guiding parent Alibaba's Southeast Asian offensive

    HONG KONG -- Online retailer Lazada is working with parent Alibaba Group Holding to bring the Chinese heavyweight's popular online marketplace and suite of digital services to shoppers across Southeast Asia.The Singapore-based e-tailer added a new s

    July 27, 2017 12:35 am JST
  • Aging Asia's trillion-dollar business opportunity

    As Asia ages, businesses catering to the elderly are swelling along with the demographic. So alluring is the growth potential that even companies with no prior experience in this segment are rushing in, from property developers to newspaper operator

    July 26, 2017 11:59 am JST
  • Thai Union CEO looks to US restaurants for growth

    BANGKOK -- Thai Union Group, the world's largest producer of canned tuna, has begun developing a restaurant business as it tries to deal with the rising cost of canning brought on by a strengthening Thai baht and tighter rules over foreign workers.T

    July 26, 2017 09:00 am JST
  • Chinese tech companies take the lead in battle for Southeast Asia

    SINGAPORE -- The $2 billion investment by China's Didi Chuxing and Japan's SoftBank Group into Southeast Asian riding-hailing company Grab marks a new record for venture fundraising in the region. But it may be surpassed sometime soon as Chinese tec

    July 25, 2017 11:06 am JST
  • Thai banks' combined net profit slips for 1st time in 4 quarters

    BANGKOK -- Although the Thai economy is showing signs of emerging from years of sluggish growth, the country's big banks seem to have missed their ride.The combined second quarter net profit of the country's four largest banks by assets -- Bangkok B

    July 21, 2017 09:14 pm JST
  • Hashtag Travelers

    Asian millennials are booking their own adventures

    BANGKOK -- What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted

    July 20, 2017 10:01 am JST
  • Asian millennials are booking their own adventures

    BANGKOK What brought Somsri Sukumpantanasan, a 54-year-old office worker from Bangkok, all the way to Kojima, a remote coastal town in southwestern Japan, was simple: It was where her 17-year-old son's favorite pair of jeans came from."He wanted to

    July 20, 2017 10:00 am JST
  • Tech a shortcut to Asia's growing buying power

    BANGKOK As Asia's middle class continues to grow, companies must leverage technology to keep pace with changing customer behavior, business leaders told participants at the forum."Once the middle-income class people have more money, they want to spe

    July 20, 2017 10:00 am JST
  • Fintech factor key to Southeast Asian banks' growth

    BANGKOK Southeast Asia's banking industry must embrace the digital revolution, including the rise of fintech, to seize opportunities to cater to the region's growing middle class, business leaders said at a panel session of the forum.One of the keys

    July 20, 2017 10:00 am JST
  • Asia a bright spot in an uncertain world, say ASEAN business leaders

    BANGKOK Growing protectionist sentiment in the West and a volatile security situation in the Middle East have made Asia into a relative bright spot in an otherwise bleak global environment, according to participants at a business forum in the Thai c

    July 20, 2017 10:00 am JST
  • Japan's fun GariGari ice candy moves to Thailand

    TOKYO -- Japanese dessert maker Akagi Nyugyo plans to produce its signature GariGari Kun ice pops in Thailand with a local partner. The company aims to churn out 10 million pops by the end of the year and jump to 68 million in 2020 -- equivalent to

    July 17, 2017 07:00 pm JST
  • Line splurges on huge Bangkok amusement arcade

    BANGKOK -- Line, operator of the Japanese mobile messaging app with the same name, plans to open a 500 million baht ($14.7 million) indoor amusement arcade in Bangkok by the end of the year.Line Village, the company's first arcade, will be located

    July 16, 2017 02:51 pm JST
  • Asia300 Global Business Forum 2017

    Asian consumer behavior changing as middle class expands

    BANGKOK -- As Asia's middle class rapidly grows, customer behavior is changing and businesses need to leverage technology to adapt, business leaders told Thai and international executives Friday."Once the middle-income class people have more money,

    July 15, 2017 12:13 am JST