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  • Nikkei Asia300 rises after US indexes set records on tax cut bets

    MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced following a record-setting session on Wall Street amid optimism over U.S. corporate tax cuts as voting on the long-awaited overhaul draws near.The Nikkei Asia300 Index added 0.5% to 1,384.8

    December 18, 2017 08:49 pm JST
  • Hanoi counts on Saigon Beer divestment to raise over $4bn

    HO CHI MINH CITY -- A second bidder has joined the auction of Saigon Beer Alcohol Beverage Corp., or Sabeco, but Thai Beverage is still seen as the most likely buyer of a controlling stake of the country's largest brewer for over $4 billion.Vietnam'

    December 18, 2017 02:16 am JST
  • Mango smoothie helps sweeten bond between Indonesia and Thailand

    JAKARTA -- A massive mango smoothie, layered with whipped cream, and topped with freshly diced mango. What's wrong with this picture?Apparently nothing if you are one of the many thronging to King Mango Thai for its trademark Big Mango smoothie and

    December 16, 2017 02:00 pm JST
  • Thai Airways, Airbus to build maintenance yard in Thailand

    BANGKOK -- European aerospace giant Airbus and Thai Airways International, the country's flag carrier, announced on Friday that they will open an aircraft maintenance yard to cater to the growing number of planes flying in Southeast Asia.The mainten

    December 16, 2017 03:08 am JST
  • ThaiBev affiliate cleared to bid for 51% of Vietnam's Sabeco

    HANOI -- The Vietnamese government has effectively declared Thai Beverage eligible to buy a controlling stake in Saigon Beer Alcohol Beverage Co., the country's largest brewer.The government, which is gradually moving to privatize state-owned enterp

    December 16, 2017 02:12 am JST
  • Nikkei Asia300 Index falls tracking Wall Street losses

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday as uncertainty over U.S. tax reforms damped investors' risk appetite.Indian shares rallied, bucking the trend, after exit polls predicted a victory for Prime Minister Narendra Modi's Bha

    December 15, 2017 08:24 pm JST
  • China techs driving data center investment across Southeast Asia

    BANGKOK -- A string of new data centers across Southeast Asia has highlighted rising regional demand for digital services served by big tech names from China rather than the likes of Google and Alibaba Cloud, an arm of e-commerce giant A

    December 15, 2017 06:01 pm JST
  • US North Korea negotiator says direct diplomacy needed

    BANGKOK (Reuters) -- The chief U.S. negotiator for North Korea said on Friday the United States should engage in direct diplomacy with Pyongyang alongside sanctions imposed over its nuclear programme.U.S. Secretary of State Rex Tillerson offered on

    December 15, 2017 01:29 pm JST
  • Datawatch

    Asian democracies on upward trend in corruption fight

    LONDON -- With many Asian countries making the transition to democracy since the 1970s, representative government and media integrity have been pivotal in the region's fight against political corruption.Research published last month by the Internati

    December 15, 2017 01:10 pm JST
  • Nigel Gould-Davies

    EU puts trade before principles over Thai army rule

    European Union foreign ministers have this month agreed to resume full political contacts with Thailand, ending restrictions imposed soon after the 2014 military coup which ousted the democratically-elected government of Yingluck Shinawatra.This dec

    December 15, 2017 07:00 am JST
  • Japan says Thai bullet train to cost nearly $13bn

    BANGKOK -- Japan estimates that construction of a shinkansen-style bullet train would cost the Thai government 420 billion baht ($12.9 billion), a price Bangkok may not be willing to pay.Japan's State Minister of Transport Takao Makino handed a repo

    December 15, 2017 04:51 am JST
  • Japan's Kameda Seika reports accounting fraud at Thai unit

    TOKYO -- Japanese rice cracker maker Kameda Seika said Thursday that a Thai subsidiary was found to have engaged in years of improper accounting practices.According to a report by an independent investigative committee set up by Kameda, Thai Kameda

    December 15, 2017 01:36 am JST
  • Nikkei Asia300 Index gains as Fed sticks to rate hike forecasts

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday after the U.S. Federal Reserve retained its forecast of three rate increases for next year.The Nikkei Asia300 Index advanced 0.3% to 1,383.61, paced by a rally in Chinese and Hong Kong

    December 14, 2017 08:53 pm JST
  • Michelin weighs in on Bangkok's best eats

    BANGKOK Michelin unveiled its first guide for Bangkok on Dec. 6, featuring 98 eateries serving a wide range of cuisines, from famous restaurants to local street-food stalls nestled in the city's backstreets.Bangkok is the second Southeast Asian city

    December 14, 2017 10:00 am JST
  • Global trade uptick boosts Asian manufacturing

    HONG KONG Strengthening economies on both sides of the Pacific are lifting global trade, as well as Asia's manufacturing sector. Seven of the 12 economies surveyed by The Nikkei -- Taiwan, Japan, South Korea, India, Malaysia, Singapore and the Phili

    December 14, 2017 10:00 am JST
  • The Cambodian city that went from war zone to manufacturing hub

    POIPET, Cambodia Once ravaged by war, the city of Poipet on Cambodia's western border with Thailand is reinventing itself as a manufacturing center, leveraging its cheap labor costs and strategic location in the regional supply chain.Techno Park Poi

    December 14, 2017 10:00 am JST
  • Malaysian festival puts Asian literature in the spotlight

    PENANG, Malaysia In a beautifully refurbished colonial building next to George Town's coastal thoroughfare, a tight-knit yet diverse crowd is hungry for answers. A microphone is passed around, and people rock nervously in their chairs as they wait t

    December 14, 2017 10:00 am JST
  • ADB keeps 5.8% Asia growth outlook for 2018, hikes 2017 view

    MANILA -- The Asian Development Bank still expects economic growth in the region to slow in 2018, it said in a new report on Wednesday, but the Manila-based lender raised its forecast for the current year by one-tenth of a percentage point.In its As

    December 14, 2017 01:07 am JST
  • Sagawa's IPO success could deliver a big long-run payoff

    TOKYO -- SG Holdings, the parent company of Japanese parcel delivery specialist Sagawa Express, is basking in the glow of its successful initial public offering, a move that turns the page for a company that was in crisis not so long ago.Its shares,

    December 13, 2017 10:21 pm JST
  • Nikkei Asia300 Index gains as Chinese banks rally

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Wednesday, led by mainland lenders ahead of China's inflation data and U.S. Federal Reserve's policy decision.The Nikkei Asia300 Index advanced 0.4% to 1,379.83. China Construction Bank (CCB) r

    December 13, 2017 08:33 pm JST