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  • Hong Kong student activists urge a fight for local democracy

    TOKYO Agnes Chow and Joshua Wong were student leaders of the "Umbrella Movement" pro-democracy protests of 2014. They are standing committee member and secretary-general, respectively, of the youth-led Demosisto political party.How do you see the pe

    June 29, 2017 10:00 am JST
  • Alibaba spending $1bn to raise stake in Southeast Asia's Lazada

    SINGAPORE (Reuters) -- Chinese e-commerce company Alibaba Group Holding is investing an additional $1 billion in Southeast Asian online retailer Lazada Group, boosting its stake by nearly a third to 83 percent and amplifying its focus on the region.

    June 29, 2017 01:58 am JST
  • Stephen Grenville

    Asian financial crisis exposed limits of neoliberalism

    July marks the 20th anniversary of the float of the Thai baht, the opening signal of the Asian financial crisis. None of the central bankers and global officials who watched the crisis unfold realized at the time that it marked the end of the "Asian

    June 28, 2017 09:00 am JST
  • Turkish appliance makers look east

    ISTANBUL -- Turkish appliance maker Arcelik is investing more in Asia, where China's Belt and Road Initiative is expected to create swaths of economic growth.China envisions the massive initiative as a modern-day Silk Road -- a series of ports, powe

    June 27, 2017 07:00 pm JST
  • CP Foods to raise $1bn for M&A, bracing for rate hikes

    BANGKOK -- Charoen Pokphand Foods, the Thai agribusiness owned by billionaire Dhanin Chearavanont, plans to raise up to 38.7 billion baht ($1.12 billion) through a new share offering in an apparent move to ready itself for more mergers and acquisiti

    June 26, 2017 11:22 pm JST
  • Thai food makers serving up feast for pampered pets

    BANGKOK -- Leading food producers in Thailand are rushing to cash in on the growing pet food market, serving up premium offerings to the dogs and cats beloved by the country's expanding middle class.Thai Union Group, the world leader in canned-tuna

    June 25, 2017 10:17 am JST
  • Learning the lessons of the Asian financial crisis

    BANGKOK/JAKARTA/MANILA -- In June 1997, Sirivat Voravetvuthikun found himself selling sandwiches on the streets of Bangkok. The former high-flying stock investor had lost everything when his project to build luxury condos went belly-up.At a loss for

    June 24, 2017 11:00 am JST
  • Asia's financial safety net is a work in progress

    TOKYO -- In early May, the Asian Development Bank celebrated its 50th anniversary at its annual meeting in Yokohama, a port city south of Tokyo. Finance ministers and central bankers from the Association of Southeast Asian Nations, China, Japan and

    June 24, 2017 11:00 am JST
  • Ex-deputy prime minister is uneasy about the Thai property market

    BANGKOK -- In the eyes of Supachai Panitchpakdi, the Thai economy appears in fairly robust shape, but the seeds of the next financial crisis may be being sown in the property market.In a recent group interview including the Nikkei Asian Review, the

    June 24, 2017 11:00 am JST
  • Thai startup ready for mass production of elder-care robot

    BANGKOK -- Thailand-based startup CT Asia Robotics will begin volume production of a robot designed to help care for elderly people in its own country and Japan, both of which are coping with rapid demographic changes.Founded in 2009, CT Asia stands

    June 24, 2017 06:14 am JST
  • Thai junta beseeches foreign investors: 'Please come now'

    BANGKOK -- Thai Prime Minister and junta boss Prayuth Chan-ocha gathered his economic team for a rare all-star appearance in front of foreign investors on Thursday in a desperate appeal to get money flowing back into the country again."Please come n

    June 23, 2017 07:36 pm JST
  • Japan SMEs find prime hunting grounds in Southeast Asia

    TOKYO -- It is not only Japan's giant corporations that are looking to expand overseas. For the past three fiscal years, more than 40% of loan commitments provided by the Japan Bank for International Cooperation were directed to mid-tier, small and

    June 23, 2017 02:00 pm JST
  • ASEAN pushing for direct yen trading

    TOKYO -- Japanese authorities have long dreamed of the yen becoming a global currency. Now the yen may be on the cusp of at least becoming an Asian currency.Much of the rest of Asia is clamoring for a monetary regime to be strengthened with a vehicl

    June 23, 2017 10:47 am JST
  • Thai rice prices rising as sanctions-free Iran gets its fill

    TOKYO -- International prices of rice are on the rise, with Thai rice trading at the highest in about three years amid growing demand from Iran.Export prices of grade-A Thai white rice came to $492 a ton in mid-June, up 10% from a month earlier and

    June 23, 2017 05:34 am JST
  • Learning the lessons of the Asian financial crisis

    BANGKOK/JAKARTA/MANILA In June 1997, Sirivat Voravetvuthikun found himself selling sandwiches on the streets of Bangkok. The former high-flying stock investor had lost everything when his project to build luxury condos went belly-up.At a loss for ho

    June 22, 2017 10:00 am 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 that

    June 22, 2017 10:00 am JST
  • Ex-deputy prime minister is uneasy about the Thai property market

    BANGKOK In the eyes of Supachai Panitchpakdi, the Thai economy appears in fairly robust shape, but the seeds of the next financial crisis may be being sown in the property market.In a recent group interview including the Nikkei Asian Review, the cou

    June 22, 2017 10:00 am JST
  • Asia's financial safety net is a work in progress

    TOKYO In early May, the Asian Development Bank celebrated its 50th anniversary at its annual meeting in Yokohama, a port city south of Tokyo. Finance ministers and central bankers from the Association of Southeast Asian Nations, China, Japan and Sou

    June 22, 2017 10:00 am JST
  • Obesity in Asia reaches 'epidemic level'

    TOKYO Economic growth has resulted in a significant rise in living standards in much of Asia. But the newfound prosperity and associated lifestyle changes have brought with them an unwanted side effect.A study released by the Asian Development Bank

    June 22, 2017 10:00 am JST
  • Japanese banks plan 90% cut on transfer fees to South Korea

    TOKYO -- Japanese banks will lower the fees on money transfers to South Korea by 90% as early as 2018 in an effort to remain competitive and prevent customers from switching to foreign rivals.The plan was revealed Wednesday by the Japanese Bankers A

    June 22, 2017 02:00 am JST