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  • 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
  • At 50, ASEAN is reaping the rewards of economic integration

    BANGKOK The Association of Southeast Asian Nations marks its 50th anniversary on Aug. 8. Over the decades, its purpose has shifted from fighting communism to fostering economic cooperation. ASEAN's rules and infrastructure facilitate trade and help

    July 27, 2017 10:00 am JST
  • ASEAN needs more cohesion to stand on its own

    ASEAN leaderships need a moment of reflection. We are seeing strong anti-globalization sentiment and failures of multilateral arrangements in the West. This certainly dents ASEAN's drive for more openness and more integration. Even before such globa

    July 27, 2017 10:00 am JST
  • Then and now: ASEAN by the numbers

    The 10 members of the Association of Southeast Asian Nations have grown steadily richer in recent decades, with gross domestic product per capita rising eightfold between 1980 and 2016. Can the region continue its march toward prosperity?

    July 27, 2017 10:00 am JST
  • ASEAN is looking good, but now looking up to China and India

    TOKYO The first 50 years of the Association of Southeast Asian Nations should be regarded as an overall success, but its future is anything but certain. Sandwiched between China and India, ASEAN could find itself overwhelmed economically by these tw

    July 27, 2017 10:00 am JST
  • Ever-adaptable ASEAN confronts new tests

    BANGKOK On Aug. 9, 1967, The New York Times reported the signing of the Bangkok Declaration to inaugurate the Association of Southeast Asian Nations. The brief, 80-word article on the declaration -- inked the previous day by five founding foreign mi

    July 27, 2017 10:00 am JST
  • ASEAN must stay out of great-power tussles in Asia

    The post-Cold War 1990s were a peaceful era in Asia. All the great powers were benign and the Sino-U.S. relationship was good. China still needed help from other countries, including ASEAN members.Today, we are back in the age of great-power rivalri

    July 27, 2017 10:00 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
  • Carmakers helped foster ASEAN's growth: Ex-Nissan COO

    TOKYO In the 1980s, fewer than 500,000 cars were sold in the ASEAN region annually. In 2016, the figure was more than six times higher, at 3.2 million. The initially modest size of the auto market in Southeast Asia led to a unique division of labor

    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
  • Siam Cement revises down 2017 sales growth due to sluggish cement demand

    BANGKOK -- Thailand's industrial conglomerate Siam Cement Group has revised down its sales growth outlook for 2017 to 3-5% from 5-10% following an unexpected drop in cement demand in the first half of the year.The group's net profit in the April-Jun

    July 26, 2017 10:27 pm JST
  • ASEAN AT 50

    ASEAN integration evolved with auto industry's value chain: Nissan ex-COO

    TOKYO -- Automobiles have become a key industry among members of the Association of Southeast Asian Nations, with over 3 million new cars sold in 2016. Behind this expansion in the past decades has been the region's efficient division of labor. In a

    July 26, 2017 08:00 pm JST
  • Thai seafood industry grapples with international scrutiny

    BANGKOK -- In Samut Sakhon, a thriving fishing port on the southern fringes of Bangkok, owners of boat repair shops and other businesses dependent on the seafood industry complain about a drop in income since mid-2015. They are not expecting a recov

    July 26, 2017 06:57 pm JST
  • Thai central bank tightens rules on unsecured consumer loans

    BANGKOK (Reuters) -- Thailand's central bank announced new rules on Wednesday to tighten controls on credit cards and unsecured personal loans amid concerns about high household debt and rising bad loans.The measures, effective on Sept. 1, include a

    July 26, 2017 01:24 pm 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
  • William Pesek

    Why Thailand risks a lost economic decade

    The group of generals running Thailand risk giving the military a bad name for economic management.In 2014, a junta led by General Prayuth Chan-o-cha seized power, promising a return of public trust and the get-things-done competence that militaries

    July 26, 2017 11:34 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