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  • Thailand's largest company PTT names new CEO

    BANGKOK -- Thailand's state-owned oil and gas group PTT, the country's largest company by market value, announced on Friday that Chief Technology and Engineering Officer Chansin Treenuchagron will become its chief executive and president as of Aug.

    March 16, 2018 11:09 pm JST
  • Nikkei Asia300 Index falls amid U.S. political uncertainty

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Friday amid more U.S. political uncertainty and one more report of President Donald Trump preparing to impose tariffs on China.The Nikkei Asia300 Index declined 0.5% to 1,473.18.Concerns over U

    March 16, 2018 08:43 pm JST
  • Australia courts Southeast Asia with unprecedented summit

    MELBOURNE -- This weekend will see an unprecedented summit between the Australian prime minister and Southeast Asian leaders when they meet in Sydney to work on enhancing security cooperation and business ties.Prime Minister Malcolm Turnbull, the le

    March 16, 2018 05:18 pm JST
  • Asia Inc. comes roaring back in 2017

    BANGKOK -- Asia's big corporations posted record profits in 2017 following several lackluster years, with the technology sector in particular taking advantage of solid demand for devices like smartphones and consumer appliances.Samsung Electronics w

    March 16, 2018 03:20 pm JST
  • Thailand aims to boost trade with neighbors by 15% in 2018

    BANGKOK -- Thailand aims to increase trade with countries on its borders by 15% this year, to a record high of 1.5 trillion baht ($50 billion). The government is backing the drive to offset an expected slowdown in overall export growth due to apprec

    March 16, 2018 02:00 pm JST
  • Thai king ups holdings with $138m Siam Cement stake

    BANGKOK -- Thailand's King Maha Vajiralongkorn Bodindradebayavarangkun has become a major shareholder of industrial conglomerate Siam Cement Group (SCG) with a 0.76% stake worth 4.6 billion baht ($138 million), expanding his holdings in Thai blue-ch

    March 15, 2018 11:46 pm JST
  • Nikkei Asia300 Index little changed as concerns linger over US trade policies

    MUMBAI (NewsRise) -- Asian stocks outside of Japan ended little changed on Thursday as uncertainty surrounding U.S. trade polices weighed on the outlook for equities.The Nikkei Asia300 Index closed almost unchanged at 1,480.04.The losses came after

    March 15, 2018 08:49 pm JST
  • Thailand to issue $1bn bonds to help cut rubber supply

    BANGKOK -- The Thai government plans to issue bonds to raise roughly 30 billion baht ($963 million) to fund projects aimed at cutting an oversupply of rubber and to prop up the price of the commodity.The Ministry of Agriculture plans to cut annual s

    March 15, 2018 02:30 pm JST
  • Comment

    Pacific trade rules on digital data may already be outdated

    TOKYO -- When 11 countries from around the Pacific signed a sweeping free trade pact in Chile on March 8, it included rules touted as being geared for the 21st century, including those on digital trade, which will no doubt be key to economic growth

    March 15, 2018 01:00 pm JST
  • The 'TPP 11' is signed, and ready to welcome more members

    SANTIAGO, Chile The revised Trans-Pacific Partnership trade pact was signed on March 8 in Chile's capital. The deal is positioned to serve as a critical bastion against the U.S. administration's protectionist policies as the pact is set to take effe

    March 15, 2018 10:00 am JST
  • Swiss bank Julius Baer enters Thailand's wealth management market

    BANGKOK The Swiss private bank Julius Baer Group is advancing further into Asia as affluence rises in the region. Its latest move is the formation of a wealth management joint venture with Siam Commercial Bank, Thailand's third-largest lender by ass

    March 15, 2018 10:00 am JST
  • Player swaps across Southeast Asia help soccer grow

    KUALA LUMPUR Southeast Asia's top soccer talent is on the move, with the biggest teams in Thailand and Malaysia signing 24 players from outside those countries as the 2018 season kicks off. Last year, this figure was just three.Some of the best play

    March 15, 2018 10:00 am JST
  • Art brings Bangkok canal community together

    BANGKOK The banks of Bangmod Canal might be Thailand's premier experimental showcase for the impact of art on real life."At the start, we wanted to save the canal from pollution and development, and create bicycle paths," said Kanjanee Budthimedhee,

    March 15, 2018 10:00 am JST
  • Thai king's close aide seeks board seat at Siam Cement Group

    BANGKOK -- A close aide to Thailand's King Maha Vajiralongkorn Bodindradebayavarangkun is on his way to a seat on the board of directors at industrial conglomerate Siam Cement Group, after being recently appointed to run the multibillion-dollar roya

    March 15, 2018 05:30 am JST
  • Nikkei Asia300 Index falls amid reports US may impose tariffs on Chinese products

    MUMBAI (NewsRise) -- Asian stocks outside of Japan fell Wednesday amid media reports that the U.S. is looking to impose tariffs on Chinese imports.The Nikkei Asia300 Index slipped 0.4% to 1,480.14. Hong Kong-shares of China Life Insurance lost 1.1%

    March 14, 2018 08:20 pm JST
  • Thailand looks to boost rice exports with intergovernmental deals

    BANGKOK -- The Thai government plans to boost rice exports by negotiating sales directly with other governments in a move intended to help struggling farmers ahead of a general election to be held by February next year.In order to accelerate negotia

    March 14, 2018 03:30 pm JST
  • Singapore PM tells ASEAN to adjust to new power balance

    SINGAPORE -- The Association of Southeast Asian Nations should adjust to a new power balance in Asia so that individual members and the group can benefit from increasingly influential China and India, Singapore Prime Minister Lee Hsien Loong said in

    March 13, 2018 10:39 pm JST
  • Seoul to decide on new TPP membership by June

    SEJONG, South Korea -- South Korea's finance minister said Tuesday that the country will decide by June if it will join a Japan-led 11-member economic bloc, as the U.S. widens protectionist measures against the export-driven economy.Kim Dong-yeon sa

    March 13, 2018 09:48 pm JST
  • Nikkei Asia300 Index gains as Chinese banks, semiconductor makers advance

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Tuesday, as Agricultural Bank of China led mainland lenders higher following plans of a private placement and upbeat earnings.The Nikkei Asia300 Index rose 0.6% to 1,485.36. Hong Kong-shares of

    March 13, 2018 08:34 pm JST
  • Asia Insight

    Asian central banks face white-knuckle steering as Fed tightens

    TOKYO -- Asia's central bankers are about to have their mettle tested, and they know it."Stay calm on the weakening of the Hong Kong dollar," Norman Chan, chief executive of the Hong Kong Monetary Authority, said in a message posted on the central b

    March 13, 2018 01:00 pm JST