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  • Thai company plans 1,000 electric-vehicle charging stations

    BANGKOK -- Thailand's Energy Absolute looks to establish and operate 1,000 electric-vehicle charging stations in the country by the end of 2018, investing a projected 600 million baht ($18 million).The renewable energy company, which has debuted a f

    September 2, 2017 02:08 am JST
  • Asia's main archipelagos eye bigger share of maritime trade

    JAKARTA -- The world's seaborne trade exceeded 10 billion tons in a single year for the first time in 2015, according to the United Nations Conference on Trade and Development, with about 60% passing through Asia.Sitting between the Indian and Pacif

    September 1, 2017 01:00 pm JST
  • Thailand's manufacturing PMI stays in contraction in August

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, remained in the contraction territory in August, with output, new orders and employment recording further declines.The composite indicator of manufacturing performance st

    September 1, 2017 09:30 am JST
  • Thai junta steps up internet censorship drive

    BANGKOK -- After being finger printed and charged with sedition by Thailand's Police Technology Crime Suppression Division in early August, Pravit Rojanaphruk, a Thai journalist, stepped out of its Orwellian confines to make a dramatic point about c

    September 1, 2017 09:10 am JST
  • Southeast Asian new-car sales jumped 15% in July

    BANGKOK -- New-car sales in Southeast Asia's six major markets climbed 15% on the year to 268,428 in July, rebounding from a slump in June caused by the Islamic holy month of Ramadan.The region's sales grew by double digits for the first time in fou

    September 1, 2017 05:57 am JST
  • In Yingluck's absence, the Thai junta courts her supporters

    BANGKOK Thailand's military government has hammered out a 68 billion baht ($2.04 billion) infrastructure plan that many see as an attempt to draw support away from former Prime Minister Thaksin Shinawatra.The plan was announced just as the trial of

    August 31, 2017 10:00 am JST
  • Digital payment in Thailand gets boost from QR code push

    BANGKOK -- Leading Thai banks and international credit card companies will adopt a standardized QR code payment system this year, they said Wednesday, in a move likely to jump-start Thailand's transition away from cash.Consumers can scan the codes t

    August 31, 2017 07:13 am JST
  • Yingluck's courtroom no-show sends Thai stocks to 2-year high

    BANGKOK -- Thai investors have reacted to former Prime Minister Yingluck Shinawatra's failure to appear in court by sending the nation's stocks to a high not seen in two and a half years.On Tuesday, Thailand's SET composite index closed above the 1,

    August 31, 2017 02:58 am JST
  • Thaksin Shinawatra breaks silence after 2 years

    BANGKOK -- Thaksin Shinawatra, who was ousted as Thailand's prime minister in a coup in 2006, has broken a two-year silence to criticize the present military government after his youngest sister, former Prime Minister Yingluck Shinawatra, is believe

    August 31, 2017 12:24 am JST
  • Sompo readies Thailand cross-border accident insurance

    BANGKOK -- Sompo Holdings debuts insurance products in September targeting Japanese logistics companies in Thailand, covering accidents in four neighboring countries as more goods flow across the region.Thailand, a manufacturing hub, anchors Southea

    August 30, 2017 06:08 am JST
  • AirAsia's 2Q net profit hit by Indonesian tax amnesty

    KUALA LUMPUR -- AirAsia logged a net profit of 92 million ringgit ($21 million) in the April-June quarter, compared with 342 million ringgit in the corresponding quarter in 2016. The budget carrier, the largest in the region by fleet size, attribute

    August 29, 2017 11:28 pm JST
  • Thai coal producer Banpu's solar business heats up

    BANGKOK -- On the back of rising interest in renewable energy in Thailand, coal producer Banpu has moved further into the downstream power-generation business, setting up a subsidiary to help companies and organizations install rooftop solar panel s

    August 29, 2017 07:28 pm JST
  • Asian shares retreat, yen climbs as North Korea fires missile over Japan

    HONG KONG (Nikkei Markets) -- Asian stocks broadly retreated Tuesday while the yen and gold strengthened among assets perceived as safe havens after North Korea fired a missile over Japan, reigniting geopolitical worries.South Korea's benchmark Kosp

    August 29, 2017 02:51 pm JST
  • Line: Thailand's new gateway to the gold market

    BANGKOK -- Chat app provider Line plans to bolster such financial offerings as gold savings and payment services in Thailand, part of the Tokyo-based company's drive to turn the platform into an essential tool of daily life in its second-largest mar

    August 29, 2017 11:32 am JST
  • FT Confidential Research

    Banking in Cambodia: the money keeps flowing

    Banking remains one of Cambodia's most dynamic sectors. There is robust growth in deposits and loans, and financial institutions are making healthy profits.Non-performing loans are rising but do not pose a significant risk - the global commodities g

    August 29, 2017 11:00 am JST
  • Thai police say Interpol has issued notice for Red Bull heir

    BANGKOK (AP) -- Interpol has issued an international request for the arrest of the billionaire heir to the Red Bull energy drink fortune, stepping up of the hunt for the fugitive Thai playboy wanted in a 2012 hit-and-run incident that left a traffic

    August 29, 2017 07:16 am JST
  • Asia's 'smartphone economy' boosts 2017 growth forecasts

    TOKYO -- The Japan Center for Economic Research announced on Aug. 28 its "Sixth Asia Economic Short-Term Forecast" highlighting China and four core ASEAN countries: Indonesia, Thailand, Malaysia and the Philippines.With economic growth in the first

    August 29, 2017 07:00 am JST
  • Kasikornbank takes 10% stake in Bank Maspion Indonesia

    BANGKOK -- Kasikornbank, Thailand's fourth-largest bank by assets, said Monday that it will buy a 9.99% stake in Bank Maspion Indonesia, the listed banking arm of midsize Indonesian conglomerate Maspion Group for $20 million.The deal will give Kasik

    August 29, 2017 02:25 am JST
  • Thailand's junta could benefit from former PM's escape

    BANGKOK -- "You can easily walk across [the Thai border]," said a Thai political exile who is living in a European capital. Thailand's porous border with Cambodia became a popular escape route for opponents of the military junta after the 2014 coup.

    August 28, 2017 07:50 pm JST
  • Thai junta drives a $2bn wedge into Shinawatra clan's base

    BANGKOK -- Thailand's military government has hammered out a 68 billion baht ($2.04 billion) infrastructure plan that many see as an attempt to draw support away from former Prime Minister Thaksin Shinawatra.The plan was announced just as the neglig

    August 28, 2017 02:38 pm JST