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  • Thai banks' combined profit down for 2nd consecutive quarter

    BANGKOK -- Combined net profit at Thailand's biggest banks dropped 14% on the year for the July-September period, marking their second consecutive quarter of declining earnings, despite recent government statistics that have shown promising signs ab

    October 21, 2017 12:17 am JST
  • Nikkei Asia300 Index ends week higher after US stocks rally

    NEW DELHI (NewsRise) -- Asian stocks outside of Japan eked out modest gains for the week, as persistent gains on U.S. equities supported risk appetite, even as regional investors remained focused on China's 19th Communist Party Congress.The Nikkei A

    October 20, 2017 09:12 pm JST
  • Honda adds sales and service centers in Malaysia

    TOKYO -- Honda Motor is adding large service bases in Malaysia, where sales of its four-wheeled vehicles are soaring. Its latest such facility recently opened in the central Malaysian state of Selangor.Honda Malaysia, which manufactures and markets

    October 20, 2017 01:00 pm JST
  • Thailand's 'Generation Doc' puts contemporary realities on screen

    BANGKOK -- One of Asia's longest and most unusual train trips began on the subways of Los Angeles, where Sompot Chidgasornpongse was attending the prestigious California Institute of the Arts film school. "I had no car and always had to take trains,

    October 19, 2017 04:30 pm JST
  • Foreign EV makers fret over China's uncertain playing field

    TOKYO -- When hundreds of auto industry officials gathered here last week for a conference hosted by research firm IHS Markit, many had one question in mind: what will happen to their access to the Chinese market following Beijing's decision to mand

    October 19, 2017 03:30 pm JST
  • Thai businesses set to shut down for royal cremation

    BANGKOK -- Thai convenience stores, eateries and other businesses plan to close early or for the whole day of King Bhumibol Adulyadej's cremation Oct. 26, with citizens expected to mourn en masse at sites around the royal palace here or at home with

    October 19, 2017 10:41 am JST
  • Cuba plants its medical diplomacy flag in Thailand

    NONTHABURI, Thailand Working in state-of-the-art laboratories set in a lush, green landscape -- and helped by communist-ruled Cuba -- nearly 200 researchers and technicians are paving the way for Thailand to make major strides in the growing market

    October 19, 2017 10:00 am JST
  • Thitinan Pongsudhirak: Thailand needs to escape its political cul-de-sac

    Thailand has come full circle again. The kingdom's 12-year pattern of a political juggernaut being elected to office and later abusing power before being ousted by his or her opponents still holds. This time, the outcome is a five-year jail term for

    October 19, 2017 10:00 am JST
  • Honda eyeing electric scooter that can power home appliances

    TOKYO -- Japan's Honda Motor plans to start selling motorized scooters that run on detachable batteries in Southeast Asia starting as early as 2019, amid toughened environmental measures across the region.The vehicles will adopt lithium ion batterie

    October 19, 2017 06:14 am JST
  • Initial coin offerings: investing's wild frontier

    BANGKOK -- Initial coin offerings, the hot new online crowdfunding method, differ in many ways from initial public offerings. But both pose a similar dilemma for regulators the world over: How to create rules that are not so lax as to invite fraud,

    October 18, 2017 02:16 pm JST
  • Asia has $26tn in infrastructure projects up for grabs

    Asia is set to spend $26 trillion on airport and other infrastructure projects through 2030, according to the Asian Development Bank.It is a rich pie that has already whetted contractors' appetites.In Vietnam, an urban rail project funded by Japanes

    October 18, 2017 12:18 pm JST
  • Nikkei Asia300 Index gains tracking record-high U.S. stocks

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged higher on Tuesday after all major U.S. indexes climbed to records overnight.The Nikkei Asia300 Index advanced 0.1% to 1,358.91.U.S stocks rose Monday along with the dollar, while bond yields d

    October 17, 2017 08:31 pm JST
  • Thai carrier Nok Air pins recovery hopes on new CEO

    BANGKOK -- Things have gone from bad to worse for Nok Air in recent years. Having failed to cope with the increased competition in Thailand's crowded aviation market, all hopes now rest on a change of management. The company had been operating in th

    October 15, 2017 01:12 pm JST
  • Thailand's record current-account surplus adds muscle to baht

    BANGKOK -- The baht is at its highest point against the dollar in about two and half years, as Thailand's policymakers and exporters worry that the strong currency could hurt industry.The baht, unlike other Asian currencies, also appears immune to s

    October 14, 2017 03:30 pm JST
  • Japanese shipper expands halal logistics to Indonesia

    TOKYO -- Yusen Logistics has become the first Japanese freight company to receive halal certification in Indonesia, part of an effort to expand in a fast-growing region with a large Muslim population.The Nippon Yusen group member's system for shippi

    October 14, 2017 03:40 am JST
  • A funeral fit for a king

    BANGKOK -- The fragrance of sandalwood fills the air in a well-lit room in a government compound in Bangkok's historic quarter, rising from an ornately carved coffin and a giant urn placed on stands in the center of the room. Visitors troop by in re

    October 13, 2017 09:27 pm JST
  • Nikkei Asia300 Index gains as Singapore stocks rally on economic growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Friday, helped by a rally in Singapore shares after better-than-expected third-quarter economic growth in the city-state.Samsung Electronics declined as record earnings were overshadowed by the

    October 13, 2017 08:45 pm JST
  • Anthony Couse

    Green office blocks secure better tenants

    Singapore's Asia Square Tower 2 made headlines last month when it was sold to CapitaLand Commercial Trust for $1.5 billion, setting the record for the biggest office deal in Asia Pacific this year. In 2016, Asia Square Tower 1 was acquired by Qatar

    October 13, 2017 03:00 pm JST
  • ASEAN renews currency swap deal to provide $2bn support: Malaysia central bank

    KUALA LUMPUR (Reuters) -- The Association of Southeast Asian Nations (ASEAN) has agreed to renew a currency swap deal for two more years from Nov. 17, providing a total of $2 billion in financial support, the Malaysian central bank said on Friday. T

    October 13, 2017 02:08 pm JST
  • One year on, King Bhumibol's development legacy to Thailand

    CHIANG MAI, Thailand -- When Thailand's King Bhumibol Adulyadej died a year ago today, Namo Mancherng, an 89-year-old hill-tribe farmer living in Angkhang along the hilly border with Myanmar, was in despair and did not eat for four days. For the ne

    October 13, 2017 01:33 pm JST