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  • Infrastructure crucial to continued growth in Southeast Asia

    MANILA -- A critical issue for members of the Association of Southeast Asian Nations is how to fix lagging industrial development and infrastructure. The Philippines, with a population of about 100 million and a median age of 23, will likely see

    August 29, 2014 05:50 am JST
  • Leading Thai seafood company fishing abroad for acquisitions

    BANGKOK -- Thai Union Frozen Products (TUF), the world's largest canned-tuna manufacturer, is mulling further brand acquisitions overseas having built a strong global presence as an original product supplier. TUF President Thiraphong Chansiri wa

    August 28, 2014 10:00 pm JST
  • 5% GDP growth within reach for Thailand: central bank's Prasarn

    BANGKOK -- Thailand's gross domestic product could expand by 5% over the 12 months from July, Bank of Thailand Gov. Prasarn Trairatvorakul said Wednesday. With the country's political haze lifting, Prasarn said the economy "bottomed out" in the Apri

    August 28, 2014 05:10 pm JST
  • Business of surrogate mothers brought into global spotlight

    TOKYO -- The recent news of an Australian couple who allegedly refused to adopt a disabled baby from a Thai surrogate mother, and of a surrogacy scandal involving a Japanese man in Thailand, have brought the issue of surrogacy into the global spotli

    August 28, 2014 01:00 pm JST
  • Top Japanese trading houses retooling portfolios

    TOKYO -- Japan's leading trading companies are speeding up sales of unprofitable assets to secure funds for new investments, especially as traditional areas of investment such as natural resources slump. These companies have been investing heavi

    August 28, 2014 05:33 am JST
  • East Asian free-trade talks stumble over tariff rates

    TOKYO -- Sixteen Asia-Pacific nations negotiating a free-trade pact were unable to settle on a common target for tariff elimination at a ministerial meeting Wednesday in Naypyitaw, making a conclusion by the end of next year unlikely. This marke

    August 28, 2014 03:50 am JST
  • Southeast Asian car sales fell 16% in July

    BANGKOK -- Sales of new cars in six leading Southeast Asian countries slid 16% on the year to 259,840 units in July, the 15th straight month of declines. Sales volumes dropped in Indonesia, Thailand and Malaysia, the first time this year all of

    August 28, 2014 03:25 am JST
  • Trading company Sun-wa targeting 3 years of record profit

    TOKYO -- Electronic parts trader Sun-wa Technos aims to generate 4.7 billion yen ($44.7 million) in group pretax profit next fiscal year, up 37% from fiscal 2013 for what would be its third straight year of record profit. The Tokyo-based company

    August 28, 2014 02:00 am JST
  • George Magnus: The clock is ticking for an aging Asia

    The rapid aging of the population is widely recognized as one of the most daunting challenges facing developed economies, such as Japan and Germany. Less attention has been paid to the fact that graying demographics are a ubiquitous global phenomeno

    August 28, 2014 12:00 am JST
  • Korn Chatikavanij: Prescriptions for Asean and Thailand: Better governance, stronger institutions

    Looking at the ongoing tragedy in Ukraine, it has become apparent that the conflict there is happening because of the weakened geopolitical positions of both the U.S. and Europe. This phenomenon is creating power vacuums in pockets around the world.

    August 28, 2014 12:00 am JST
  • George Magnus: Strategies for winning the demographic battle

    Asia's aging population will inevitably affect its economic growth. But demographics are not destiny; all nations have the capacity to develop ways of navigating the transition toward grayer societies. The main mechanisms for coping with a stagn

    August 28, 2014 12:00 am JST
  • Social change, railways drive Bangkok condo boom

    BANGKOK -- Like most aspects of Thai life, Bangkok's sprawling property market took a serious hit over six months of political turmoil leading up to the May 22 coup that installed a military junta in place of the elected government. Just three month

    August 28, 2014 12:00 am JST
  • Thai 4G rollout to slow on auction delay

    BANGKOK -- Thailand's mobile operators are likely to slow their rollout of next-generation 4G phone services following the ruling military junta's decision to delay an auction of new spectrum by a year. Two of the country's three main mobile car

    August 28, 2014 12:00 am JST
  • Asean entrepreneurs of Chinese descent expanding presence in acquisitions overseas

    TOKYO -- Direct investment from Southeast Asia to the rest of the world has been increasing steadily, led by companies owned and managed by entrepreneurs of Chinese descent. Companies in five major members of the Association of Southeast Asian N

    August 28, 2014 12:00 am JST
  • Former Thai minister keeps up resistance

    BANGKOK -- Former Thai Education Minister Chaturon Chaisang remains determined to resist the military regime and restore democracy. It has so far proved a lonely struggle -- and one that could sink his future in politics. But the May 22 coup has

    August 28, 2014 12:00 am JST
  • Ichitan teas up Indonesia

    BANGKOK -- Thailand's tea giant Ichitan Group has chosen Indonesia for its first overseas expansion and will launch two green tea products there with the distinctive sweet flavors that have been so popular in its home market - where sales have latel

    August 27, 2014 10:20 pm JST
  • Thailand's Charoen considering his second move in Singapore

    SINGAPORE -- Exclusive negotiations are under way to sell a construction company, United Engineers, and a subsidiary to Thai tycoon Charoen Sirivadhanabhakdi, according to Oversea-Chinese Banking Corp. (OCBC). If the deal goes through, it will b

    August 27, 2014 09:48 pm JST
  • Junta-ruled Thailand may not have election until 2016

    BANGKOK -- Thailand might not have its next general election until the beginning of 2016, not October 2015 as initially mapped out by the military government, according to Air Chief Marshal Prajin Juntong, the junta's deputy chief and economic czar.

    August 27, 2014 06:40 pm JST
  • Mitsubishi brewing up Indonesian tea business with Thai partner

    TOKYO -- Mitsubishi Corp. is entering the drinks business in Indonesia through a joint venture with Thai beverage producer Ichitan Group. The Japanese trading house partnered with Indonesia's Alfa Group in December 2011, taking a 40% stake in th

    August 27, 2014 04:03 am JST
  • True Group goes to the movies

    BANGKOK -- True Group, the communications arm of Thai business conglomerate Charoen Pokphand Group, is adding movies to its diversified business portfolio. True iContent, a wholly owned subsidiary of True Group, is investing 50 million baht ($1.

    August 26, 2014 10:29 pm JST