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  • to open shopping site with Thailand's Central Group

    BANGKOK -- Chinese e-commerce company said Thursday that it will open an online shopping site in Thailand through a tie-up with local retail giant Central Group.With the move, China's No. 2 online shopping service will take on bigger rival Al

    November 3, 2017 02:01 am JST
  • Nikkei Asia300 Index little changed after Fed signals December rate hike

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Thursday after the U.S. Federal Reserve indicated that it remained on course to raise rates next month.The Nikkei Asia300 Index closed at 1,381.69.The Fed left its benchmark

    November 2, 2017 08:31 pm JST
  • Exclusive

    Suntory Beverage & Food and PepsiCo to team up in Thailand

    TOKYO -- Suntory Beverage & Food and U.S.-based PepsiCo have decided to set up a soft drink joint venture in Thailand, the companies announced on Thursday.Suntory Beverage & Food will invest 33 billion yen ($289 million) in the venture.PepsiCo has t

    November 2, 2017 05:14 pm JST
  • New tech to help Thailand wring more efficiency out of coal power

    BANGKOK -- Thailand's state power utility is adopting internet of things technology to help make the most of limited infrastructure, starting with an old thermal plant that runs on domestic coal. The Electricity Generating Authority of Thailand, or

    November 2, 2017 11:45 am JST
  • ASEAN manufacturing PMI inches up in October

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, edged up slightly in October, signalling a mild improvement in the health of the sector.The composite indicator of manufacturing performance stood at 50.4 in October, up sli

    November 2, 2017 09:30 am JST
  • India plunges to 108th in gender equality ranking

    TOKYO -- Asia's largest economies dropped in the World Economic Forum's latest gender equality ranking, announced on Thursday, with India falling 21 places to 108th.The new Global Gender Gap Index shows that while the region has become a major drive

    November 2, 2017 08:05 am JST
  • Sumitomo Warehouse plans more SE Asian logistics centers

    TOKYO -- Sumitomo Warehouse will spend roughly 4 billion yen ($35 million) to build three storage facilities in two Southeast Asian countries, hoping to capture demand from Japanese manufacturers stepping up operations in these markets.Thailand will

    November 2, 2017 04:56 am JST
  • Sumitomo Forestry partners on housing in Indonesia

    TOKYO -- Sumitomo Forestry will market single-family homes in Indonesia, as the Japanese housing and wood products company branches out to Southeast Asia's rising middle class.Sumitomo Forestry will form a special-purpose company in January with loc

    November 2, 2017 04:06 am JST
  • IHI to test algae-based jet fuel production in Thailand

    BANGKOK -- IHI will conduct large-scale verification experiments in Thailand on a process for producing jet fuel from the oil extracted from cultured microalgae.The goal is to have a practical technology ready by 2020 so the biojet fuel can be used

    November 2, 2017 04:02 am JST
  • Nikkei Asia300 Index rises as Indian mobile phone operators, Chinese insurers rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Wednesday, helped by gains in Indian mobile phone operators, China insurers, and South Korean chipmakers.The Nikkei Asia300 Index advanced 1.2% to 1,381.75.Investors digested data on manufa

    November 1, 2017 08:54 pm JST
  • Cover story

    Thailand reaches a turning point as the Bhumibol era ends

    BANGKOK -- On Sunday, Oct. 29, King Bhumibol Adulyadej's bones were placed in an ossuary in the throne hall of Bangkok's Grand Palace along with those of his ancestors, and his ashes were enshrined at two of the city's most important temples. Then,

    November 1, 2017 02:16 pm JST
  • King Bhumibol Adulyadej's last encounter with the foreign press

    BANGKOK -- In April 2008, nine members of the Foreign Correspondents' Club of Thailand were granted an audience with King Bhumibol Adulyadej to present him with the second edition of "The King of Thailand in World Focus," a book showing how his life

    November 1, 2017 02:16 pm JST
  • Thailand and Vietnam jump in business-friendliness ranking

    TOKYO -- Asia's emerging economies, including Thailand and India, have become significantly more business-friendly, according to this year's Ease of Doing Business Ranking published by the World Bank on Tuesday.Singapore, South Korea and Hong Kong m

    November 1, 2017 01:55 pm JST
  • Thailand's new investment chief eager to spur 'smart farming'

    BANGKOK -- The Thai government is expanding tax and other incentives designed to strengthen the country's industries. A top priority is accelerating the modernization of agriculture, which accounts for nearly 40% of the workforce but only 12% of gro

    November 1, 2017 10:45 am JST
  • Thailand's manufacturing PMI returns to decline in October

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, returned to decline in October, with renewed fall in new orders while output growth slows. The composite indicator of manufacturing performance stood at 49.8 in October,

    November 1, 2017 09:30 am JST
  • Pavida and Thitinan

    Business will boost US ties with ASEAN even under Trump

    It has become a cliche to note the ongoing power shifts in geopolitics and geoeconomics. China is on the rise with such launch pads as the Belt and Road Initiative, the Asian Infrastructure Investment Bank, and the Regional Comprehensive Economic Pa

    November 1, 2017 07:00 am JST
  • Brighter colors returning to Thai stores after mourning period

    BANGKOK -- With the year of mourning for Thailand's late King Bhumibol Adulyadej having ended on Monday, consumer goods are getting some of their color back.The Platinum Fashion Mall here in the Thai capital is a popular tourist draw, with its numer

    November 1, 2017 01:44 am JST
  • Nikkei Asia300 Index gains as South Korean stocks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, helped by a rally in South Korean shares after Seoul and Beijing agreed to normalize relations that were marred following the deployment of a U.S. anti-missile system in the Korean pen

    October 31, 2017 08:36 pm JST
  • Kasit Piromya

    Thai political transformation needs 'third force'

    When I was 10 years old, I believed that the prime minister of Thailand must be a military officer, either a general or a field marshal.Six decades have passed and today I still have a general as my prime minister. At the same time, income levels ha

    October 31, 2017 07:00 am JST
  • Nikkei Asia300 Index edges higher after Wall Street rally

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan edged higher after a technology-stock-led rally on Wall Street Friday, and as energy producers climbed amid advances in crude oil prices.The Nikkei Asia300 Index rose 0.1% to 1,361.27 Monday. Tec

    October 30, 2017 08:54 pm JST