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  • Thai PM Prayuth faces growing internal backlash

    BANGKOK -- To woo the Thai public, Prime Minister Prayuth Chan-ocha has composed four sentimental ballads since he grabbed power in the 2014 coup. "Don't lose heart because I'll never give up. My two hands won't let you go ...," are lines from his f

    July 7, 2017 04:00 pm JST
  • MUFG leads Japan megabanks' charge into SE Asia

    TOKYO -- Japan's three megabank groups are strengthening ties with Southeast Asian banks in an effort to broaden their customer base and expand the types of services offered.Mitsubishi UFJ Financial Group's Southeast Asian lending balance rose 9% in

    July 7, 2017 10:01 am JST
  • Rules alone won't ensure good governance in Asia

    BANGKOK -- The world is moving toward standardized regulations and codes of conduct for corporate governance. But while the rules themselves may be increasingly similar, their effects vary from one market to another, reflecting differences not only

    July 6, 2017 10:00 am JST
  • ASEAN's manufacturing index comes in flat as demand wanes

    HONG KONG After five months of expansion, Southeast Asia's manufacturing activity turned flat in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at the boom-or-bust line of 50.Indonesia, Myanmar and Malaysia experienc

    July 6, 2017 10:00 am JST
  • US human trafficking report draws mixed reactions in Asia

    BANGKOK The annual Trafficking in Persons Report by the U.S. State Department has drawn mixed reactions in Southeast Asia, where human trafficking and forced labor have long been sensitive issues, while China bristled at the intrusion on its "intern

    July 6, 2017 10:00 am JST
  • Rules alone won't ensure good governance in Asia

    BANGKOK The world is moving toward standardized regulations and codes of conduct for corporate governance. But while the rules themselves may be increasingly similar, their effects vary from one market to another, reflecting differences not only in

    July 6, 2017 10:00 am JST
  • Two Southeast Asian exhibitions open in Tokyo

    TOKYO Two groundbreaking exhibitions of Southeast Asian art opened in the Japanese capital in early July. One tells the story of the immense changes the region has experienced over the past few decades; the other focuses on Thailand's long history.

    July 6, 2017 10:00 am JST
  • Stephen Grenville: How the Asian financial crisis exposed neoliberalism's limits

    July marks the 20th anniversary of the float of the Thai baht, the opening signal of the Asian financial crisis. None who watched the crisis unfold realized at the time that it marked the end of the "Asian miracle" for the countries involved.By the

    July 6, 2017 10:00 am JST
  • ASEAN manufacturing snaps 5-month growth streak

    HONG KONG -- Southeast Asian factory activity snapped a five-month streak of expansion in June, with the Nikkei ASEAN Manufacturing Purchasing Managers' Index standing at 50 -- right on the boom-or-bust line.Indonesia, Myanmar, and Malaysia experien

    July 5, 2017 02:00 pm JST
  • Gianfranco Casati

    Digital readiness can sustain growth of emerging Asia

    Forecasting the success or failure of emerging markets is a tricky game. Attempts have seen the creation of acronyms like BRICs and MINTs. They have been the source of dreams dating back to Marco Polo. For every index that suggests renewed optimism

    July 5, 2017 09:00 am JST
  • Central Group opens B2S stationery store in Ho Chi Minh City

    HO CHI MINH CITY -- Thailand's Central Group has launched its first B2S stationery and office supplies store in Vietnam with an eye toward the burgeoning education and business sectors. Nguyen Thi Thuc Vy, director of B2S Vietnam, told reporters

    July 4, 2017 02:07 am JST
  • CP Foods buys German meat supplier to widen EU access

    BANGKOK -- Thailand's Charoen Pokphand Foods has agreed to acquire German meat supplier Paulsen Food for 12 million euros ($13.6 million), aiming to raise its profile in a European poultry market that ranks as the world's third-largest. Paulsen has

    July 3, 2017 10:49 pm JST
  • ASEAN PMI falls to 50.0 in June

    TOKYO -- The Nikkei ASEAN Manufacturing Purchasing Managers' Index, or PMI, fell to 50.0 in June from 50.5 in May.A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The latest reading is the first ti

    July 3, 2017 09:30 am JST
  • Thailand's PMI returns to expansion in June

    TOKYO -- The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, rose to 50.4 in June from 49.7 in May.A reading above 50 indicates economic expansion, while one below 50 points toward contraction."Output growth restarted and the expan

    July 3, 2017 09:30 am JST
  • Interview

    It was 20 years ago that the Thai central bank panicked

    BANGKOK -- Sunday is the 20th anniversary of the start of the 1997 Asian financial crisis, when it became clear that the region's "tiger" economies had been snagged by the tail. That day was marked by a battle between Thailand's monetary authorities

    July 2, 2017 12:00 pm JST
  • How Asia shapes up 20 years after 1997 financial crisis

    TOKYO/BANGKOK -- Overlooking the Chao Phraya River that flows through Bangkok stands a 49-story high-rise covered with mold and graffiti. Infamously known as the "Ghost Tower," the structure has so deteriorated under the harsh tropical conditions th

    July 2, 2017 09:31 am JST
  • Asia gets wise to 'art of giving'

    BANGKOK -- When the head of a Chinese charity spoke at a conference on Asian philanthropy in June, he struck a positive chord in the ballroom of a Bangkok hotel because of his charity's record of doling out millions of dollars for worthy causes such

    June 30, 2017 07:37 pm JST
  • Thitinan Pongsudhirak

    Thailand counts the cost of three lost decades

    As it marks the 20th anniversary of being at the epicenter of the Asian financial crisis, Thailand and its notoriously squabbling elites have plenty to ponder. The country has had many chances to emerge as a vibrant democracy and a developed economy

    June 30, 2017 12:00 pm JST
  • Southeast Asia's new-car sales rise 5% in May

    BANGKOK -- New-car sales in Southeast Asia's six major markets climbed 5% on the year to 281,366 vehicles in May, about the same rate as in April, but poor growth in Thailand leaves automakers cautious.Thailand experienced four straight months of do

    June 30, 2017 10:00 am JST
  • US human trafficking report gets mixed Asian reception

    BANGKOK -- The annual Trafficking in Persons report by the U.S. State Department released on Tuesday has drawn mixed reactions in Southeast Asia, where human trafficking and forced labor have long been sensitive issues, while China bristled at the i

    June 29, 2017 11:38 pm JST