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  • Thai junta's rush to end southern insurgency leaves villages smoldering

    BANNANG SATA, Thailand -- Under the cover of darkness, Thai soldiers and paramilitary troops are raiding remote stretches of Thailand's southernmost provinces to arrest suspected Malay-Muslim insurgents.In January, hundreds of armed troops combed th

    February 12, 2018 02:45 pm JST
  • Emerging markets see biggest portfolio outflow in 14 months

    TOKYO -- Emerging markets suffered last week their biggest net portfolio outflows since the 2016 U.S. presidential elections, with Asia taking the biggest hit, data from the International Institute of Finance shows.Investors pulled out $5.2 billion

    February 12, 2018 01:17 am JST
  • Thai businesses seek a more sustainable path

    BANGKOK -- The concept of sustainability -- balancing economic development with social and environmental issues -- seems a far cry from the reality of modern Thailand.It is hard not to be skeptical when the country's track record includes the Europe

    February 10, 2018 08:31 pm JST
  • Mitsubishi Hitachi Power lands Thai power plant order

    TOKYO -- Mitsubishi Hitachi Power Systems said Friday that it has received an order to supply turbines and other equipment for a natural gas power plant project in Thailand.Under the project, undertaken by a joint venture of trading company Mitsui &

    February 10, 2018 02:51 am JST
  • So who were the winners after tumultuous week?

    TOKYO -- Darkness often makes the stars stand out more. As the shades of black market sentiment fell this week, there were some stocks which shone.On Friday the stock market ended the week with another massive decline. Growing inflation expectations

    February 9, 2018 10:16 pm JST
  • Thailand aims for next industrialization wave

    FUKUOKA, Japan -- More than 30 years since industrialization kicked off in Thailand, led by labor-intensive manufacturing industries, the country wants to move to the "next level," Deputy Prime Minister Somkid Jatusripitak said on Friday. This will

    February 9, 2018 09:58 pm JST
  • Nikkei Asia300 Index slumps tracking Wall Street turmoil

    MUMBAI (NewsRise) -- Asian stocks outside of Japan tumbled Friday, after U.S. markets plunged for a second time this week amid lingering concerns over climbing bond yields.The Nikkei Asia300 Index dropped 2.5% to 1,390.81, taking its losses for the

    February 9, 2018 08:32 pm JST
  • Thai parliament passes Eastern Economic Corridor law

    BANGKOK -- Thailand's parliament has approved a much-awaited law meant to attract investment to the Eastern Economic Corridor, a series of economic zones that the government has large hopes for.The National Legislative Assembly's approval could brin

    February 9, 2018 07:05 pm JST
  • China stocks lead Friday's Asian sell-off after US plunge

    TOKYO -- Asian shares were sold off across the board on Friday, as investors responded to another Wall Street plunge that put U.S. stocks into correction territory overnight.Chinese shares led the decline during the Asian trading day. The Hong Kong

    February 9, 2018 06:47 pm JST
  • Nikkei Asia300 Index posts first gain of week

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday as investors stepped up purchases after three days of losses even as they awaited cues on where the U.S. inflation could be headed.The Nikkei Asia300 Index rose 0.7% to 1,425.88, after

    February 8, 2018 08:24 pm JST
  • Asia's manufacturers start the year off strong

    HONG KONG Asian manufacturers started the year off strong, as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index survey showed. Nine of 11 Asian countries and regions surveyed saw an expansion of manufactur

    February 8, 2018 10:00 am JST
  • Democracy rankings put Asia in poor standing

    TOKYO Asia witnessed the biggest deterioration in its democratic conditions of any region in 2017, as minorities in countries including Indonesia and Myanmar suffered.In the annual democracy index ranking compiled by the Economist Intelligence Unit

    February 8, 2018 10:00 am JST
  • Thailand's stock exchange plans to promote the Mekong region

    BANGKOK The Stock Exchange of Thailand is planning to launch a board that lists securities from its less-developed neighbors -- Cambodia, Laos, Myanmar and Vietnam.By mid-2018 it will also introduce an index of Thai-listed companies that have exposu

    February 8, 2018 10:00 am JST
  • ASEAN's midsize companies are becoming major players

    SINGAPORE Midsize companies in Southeast Asia are thriving, helped by the region's growing middle class and public works spending.A Nikkei survey covering Southeast Asian listed companies with annual sales of $100 million or less showed that earning

    February 8, 2018 10:00 am JST
  • Thailand asks farmers to cut down rubber trees to boost prices

    BANGKOK -- Thailand, the world's largest rubber producer and exporter, has launched a program to encourage farmers to cut down rubber trees earlier than the 25-year life cycle to reduce total annual output by 5% by the end of April, in a bid to supp

    February 7, 2018 11:40 pm JST
  • Nikkei Asia300 Index falls, dragged down by Chinese banks

    MUMBAI (NewsRise) -- Asian equities outside of Japan fell Wednesday, as losses in heavyweight stocks overshadowed an overnight rally in U.S. indexes.The Nikkei Asia300 Index declined 0.7% to 1,416.66, adding to Tuesday's tumble of more than 3%. Chin

    February 7, 2018 08:43 pm JST
  • Thailand entices outside talent with 'Smart Visa'

    BANGKOK -- Thailand has introduced a new visa to make it easier for foreign executives, investors, entrepreneurs and technology experts to do business in the country's focus industries.The so-called Smart Visa, available from Feb. 1, applies to 10 i

    February 7, 2018 04:45 pm JST
  • Thai stock exchange to launch pan-Mekong board and index

    BANGKOK -- The Stock Exchange of Thailand is planning to launch a board that lists securities of its less-developed neighboring countries -- Cambodia, Laos, Myanmar and Vietnam.It will also introduce, by mid-2018, an index consisting of Thai-listed

    February 7, 2018 03:30 pm JST
  • Asian manufacturers make strong start to 2018

    HONG KONG -- Asian manufacturers started the year strongly as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index (PMI) survey shows.Nine of 11 Asian economies surveyed saw an expansion of manufacturing acti

    February 7, 2018 01:50 pm JST
  • ASEAN 'concern' resurfaces over contested waters with China

    SINGAPORE -- The situation in the South China Sea, where China has moved aggressively amid conflicting territorial claims, was highlighted as a source of concern in an ASEAN foreign ministers' statement released Tuesday, with Singapore taking a more

    February 7, 2018 07:13 am JST