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  • Japanese machine tool makers bolstering Southeast Asian ops

    NAGOYA -- A number of Japanese machine tool manufacturers are bolstering their Southeast Asian operations, expecting higher demand from automakers over the medium to long term despite economic concerns. Okuma recently spent nearly 1 billion yen

    March 20, 2014 03:50 am JST
  • Japan might soon run trade deficit with rest of Asia

    TOKYO -- Abenomics, where are you? Japan's trade balance with the rest of Asia is deteriorating. While imports from Asia have been increasing sharply, exports did not grow as expected, despite the weaker yen. What is more, Japan was replaced

    March 20, 2014 12:00 am JST
  • Jump-start your business with international standards

    Forward-looking Asian companies are using international standards to help globalize their product and service lines. Take the recent example of robots. Japanese companies have established themselves among the pioneers in this field. Robotic devi

    March 20, 2014 12:00 am JST
  • Thai protests hit Thaksin-related shares hard

    SINGAPORE -- The months-long political standoff in Thailand is casting a shadow over the country's private sector, particularly companies linked to former Prime Minister Thaksin Shinawatra. Their stocks have been sold heavily as anti-government prot

    March 20, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Premchai's Myanmar job faces hurdles

    BANGKOK -- Premchai Karnasuta, president of Italian-Thai Development, has spearheaded to make his company a major general contractor in Southeast Asia. Generally viewed as a businessman who is outspoken and acts boldly, Premchai is resolved to this

    March 20, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Interflex's Bae embraces two giants

    SEOUL -- Bae Chul-han works with the world's No. 1 and No. 2 smartphone makers. His company, Interflex, sells field programmable circuit boards for use in smartphones, to Apple of the U.S., along with South Korea's Samsung Electronics. Interflex

    March 20, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Zhang: hot pot hot shot

    BEIJING -- Zhang Yong keeps it in the family. His company, Sichuan Haidilao Catering, only hires people that care for their parents. Sichuan Haidilao operates a chain of about 90 restaurants in 24 Chinese cities that sell hot pots -- spicy stews

    March 20, 2014 12:00 am JST
  • ASIA'S NEXT VANGUARD 2014: Mahindra's mantra begins to bear fruit

    MUMBAI -- Anand Mahindra's key to success is maintaining a solid corporate structure. Among Indian auto-related companies, special attention in 2014 is focused on the Mahindra & Mahindra group. It overtook Indian rival Tata Motors at home to bec

    March 20, 2014 12:00 am JST
  • Rice prices drop to 6-year low

    TOKYO -- The export price of Thai long-grain rice -- the international benchmark -- has fallen to around $450 a ton, the lowest since January 2008, as the government sells off its stocks. While the world produces 470 million tons of rice a year,

    March 18, 2014 01:01 am JST
  • Thailand protesters take their fight to the stock market

    SINGAPORE -- The months-long political standoff in Thailand has cast a shadow over the country's businesses, particularly ones considered linked to former Prime Minister Thaksin Shinawatra. These stocks have been sold heavily as anti-government prot

    March 17, 2014 01:00 pm JST
  • Latte-loving Thais spur coffee chain battle

    BANGKOK -- For Southeast Asia's increasingly affluent urbanites, enjoying a freshly brewed cup of coffee or latte at a stylish cafe is no longer just a rare treat. In Thailand, consumers' growing appetite for quality coffee has both domestic and

    March 17, 2014 01:00 pm JST
  • Japanese companies turn water into yen overseas

    TOKYO -- From Asia to the Middle East, Japanese companies are moving into markets where water demand is surging. Last month, Hitachi started building a large water desalination plant at the mouth of the Shatt-al-Arab river in Basra, Iraq's secon

    March 17, 2014 01:00 pm JST
  • Japan's private sector taps Thai travel cravings

    BANGKOK -- Japanese hotels, railway operators, and retailers are targeting Thailand with a new marketing push seeking to capitalize on the nation's burgeoning Japan cravings. Thai visitors to Japan have grown increasingly since the relaxing of

    March 15, 2014 01:00 pm JST
  • Japan's Mikimoto to open more jewelry stores in China, Thailand

    TOKYO -- Mikimoto is accelerating Chinese and Southeast Asian openings of jewelry stores, looking to cultivate clients among affluent consumers to offset a projected decline at home. Locations in China will increase from eight at present to 10 b

    March 15, 2014 03:44 am JST
  • Mazda to apply for Thai eco-car incentive program

    BANGKOK -- Mazda Motor said Friday it is considering participating in a Thai government incentive program for eco-car production. At a ceremony marking the start of local assembly of the new Mazda 3 in Thailand, President Masamichi Kogai said th

    March 15, 2014 02:46 am JST
  • Japan's Kintetsu World to open huge warehouse in Thailand

    TOKYO -- Kintetsu World Express will spend upward of 1 billion yen ($9.72 million) to build one of Thailand's largest distribution centers, which will serve as a hub linking the country with Cambodia and other neighboring nations. The warehouse,

    March 15, 2014 12:00 am JST
  • Thai cellphone carrier True promises profit by 2015

    BANGKOK -- True Corp. recently posted its third straight year in the red, but the communication conglomerate is confident it can ride Thailand's fast-growing smartphone market to profitability by 2015. The company posted a consolidated net loss

    March 14, 2014 07:00 pm JST
  • Aeon to double Asian spending in next 3 years

    TOKYO -- Japan's Aeon aims to invest nearly 400 billion yen ($3.85 billion) in Asia from fiscal 2014 to fiscal 2016, doubling its previous three-year spending plan in a bid to capture a chunk of the region's 1-billion-strong middle-class market.

    March 14, 2014 04:06 am JST
  • Asian, US firms plugging into Myanmar's surging power market

    YANGON -- As Myanmar strives to power up a country where electricity use is still sparse, many foreign companies from Asia and the U.S. are scrambling to build power infrastructure there. President Thein Sein has set a goal of increasing the nat

    March 14, 2014 03:26 am JST
  • Bangkok Airways handing out iPads in business class

    BANGKOK -- If you are flying in business class aboard Bangkok Airways, you might be reading this story on the iPad mini that came compliments with your seat. The airline has started supplying the tablets for business class passengers to enjoy a vari

    March 13, 2014 07:00 am JST