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  • CEO in the News

    Poaching scandal puts Thailand's construction mogul on brink

    BANGKOK -- It was an overnight fall from grace. The multimillionaire whose company built Thailand's largest airport and Bangkok's first mass transit railway is now drawing attention for a poaching scandal that has stirred fresh debate over the privi

    March 23, 2018 03:25 pm JST
  • Nikkei Asia300 Index declines as Tencent falls after earnings

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Thursday, as losses in heavyweight Tencent Holdings wiped off earlier gains after the U.S. Federal Reserve stuck to its interest rate projections for 2018.The Nikkei Asia300 Index fell 0.8% to

    March 22, 2018 10:03 pm JST
  • New Asian importers shaking up world LNG market

    TOKYO -- The Asian market for liquid natural gas is being transformed as Thailand, Pakistan and others join the ranks of importers and consumption grows rapidly in China and India, resulting in a fundamental shift in a market that had long been domi

    March 22, 2018 03:45 pm JST
  • Thailand looks to intergovernmental deals to boost rice exports

    BANGKOK The Thai government plans to boost rice exports by negotiating sales directly with other governments in a move intended to help struggling farmers ahead of a general election to be held by February next year.In order to accelerate negotiatio

    March 22, 2018 10:00 am JST
  • Shetty and Testaverde

    Southeast Asia needs better labor migration policies

    One of the many signs of growing economic integration in Southeast Asia is a surge in labor migration.While not as high as migration flows elsewhere in the world, the number of people in the 10 member countries of the Association of Southeast Asian

    March 22, 2018 07:00 am JST
  • Singtel expands mobile wallet across Southeast Asia and India

    SINGAPORE -- Singapore Telecommunications is expanding its mobile wallet service across Southeast Asia and India by linking the product with those of affiliated companies, in a bid to tap into growing demand for mobile payments among regional travel

    March 20, 2018 07:41 pm JST
  • Richard Heydarian

    Australia right to huddle closer to Southeast Asia

    By the standards of global diplomacy, Australia's decision to host its first-ever summit with the Association of Southeast Asian Nations last weekend is hardly epoch-making.But in its modest way, it is a signal of how the great powers are changing t

    March 20, 2018 02:30 pm JST
  • Thailand's leading banks to share blockchain platform

    BANGKOK -- Fourteen Thai banks will join hands to develop a shared trade finance platform based on blockchain technology, the central bank said Monday.To start with, the banks including the big four -- Bangkok Bank, Krung Thai Bank, Siam Commercial

    March 20, 2018 12:18 am JST
  • Siam Cement sees opportunities along Belt & Road

    HONG KONG -- Thai industrial conglomerate Siam Cement Group will look for investment possibilities in South China and India in the years ahead, as China shapes its vision of the Belt and Road Initiative, President and CEO Roongrote Rangsiyopash said

    March 19, 2018 11:07 pm JST
  • Most SE Asian companies plan divestments over next 24 months

    SINGAPORE -- There is a strong intention among Southeast Asian companies to divest parts of their businesses, with rapid technological developments putting pressure on them to change existing business models in order to remain competitive, according

    March 19, 2018 09:47 pm JST
  • Alibaba counters Amazon's expansion in Southeast Asia

    SINGAPORE -- Only a week after U.S. e-commerce group revealed its intention to enter the Vietnamese market, Alibaba Group Holding has made a countermove to secure its own growth path in Southeast Asia's burgeoning e-commerce industry.The

    March 19, 2018 09:34 pm JST
  • Nikkei Asia300 Index edges lower as Samsung, LG decline

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Monday, led by shares of display suppliers after a report that Apple is developing its own screen display technology. South Korean car makers also declined.The Nikkei Asia300 Index declined 0.4

    March 19, 2018 08:34 pm JST
  • Tokyo connects small Japanese companies with Thai food makers

    TOKYO -- A business support organization affiliated with the Tokyo Metropolitan Government wants to connect food makers in Thailand with small and medium-size enterprises in Tokyo to develop new sales channels and markets.The Tokyo Metropolitan Smal

    March 19, 2018 11:30 am JST
  • Australian and ASEAN pursue maritime code of conduct

    SYDNEY -- Southeast Asian leaders urged adoption of a code of conduct for the South China Sea at the end of a special summit hosted by Australia, sending a message meant to be heard in China.The two-day meeting of the Association of Southeast Asian

    March 19, 2018 01:37 am JST
  • Australia to fund project to prepare ASEAN cities for massive growth

    SYDNEY (Kyodo) -- Australia announced Sunday it will provide A$30 million (US$23.15 million) to finance a "Smart Cities" initiative to help urban centers throughout Southeast Asia cope with explosive growth.In a statement released on the last day of

    March 18, 2018 09:56 pm JST
  • Southeast Asia says gravely concerned about North Korea weapons

    SYDNEY (Reuters) -- The Association of Southeast Asian Nations and Australia said on Sunday they held "grave concerns" about escalating tensions caused by North Korea's nuclear and missile programmes."We strongly urge the DPRK to immediately and ful

    March 18, 2018 03:32 pm JST
  • Japan's import prices for daily goods sink further

    TOKYO -- Import prices for apparel and daily goods in Japan plunged last year, as growing labor costs in China push companies to automate or move production to Southeast Asia.The price of imported clothing fell by 1.7%, the sharpest drop since a 2.1

    March 18, 2018 02:08 pm JST
  • Thailand's largest company PTT names new CEO

    BANGKOK -- Thailand's state-owned oil and gas group PTT, the country's largest company by market value, announced on Friday that Chief Technology and Engineering Officer Chansin Treenuchagron will become its chief executive and president as of Aug.

    March 16, 2018 11:09 pm JST
  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST
  • Australia courts Southeast Asia with unprecedented summit

    MELBOURNE -- This weekend will see an unprecedented summit between the Australian prime minister and Southeast Asian leaders when they meet in Sydney to work on enhancing security cooperation and business ties.Prime Minister Malcolm Turnbull, the le

    March 16, 2018 05:18 pm JST