ASEAN leaders pose for a group photo at the opening ceremony for a series of summits in Phnom Penh, Cambodia, on Nov. 11.
Myanmar Crisis

ASEAN's Myanmar rift highlighted as key members skip meeting

Indonesia, Malaysia and others absent from Thailand-hosted gathering

23 December 2022
"We continue to invest and actively source deals and founders to come to our incubation program," SCB 10X CEO Mukaya Panich said.
Finance

Thai megabank SCBX to steer fintech holdings through crypto crisis

Through VC arm, Thailand's oldest bank readies for DeFi, blockchain

22 December 2022
Toyota Motor President Akio Toyoda unveils new truck prototypes, including one electric model, at an event in Bangkok on Dec. 14. (Photo courtesy of Toyota)
Automobiles

Toyota to launch EV tailored to emerging markets around 2023

Automaker seeks to maintain presence in Thai market that is moving toward electrics

21 December 2022
In the aftermath of the COVID-19 pandemic, tourist arrivals in Asia are expected to return to 2019 levels next year -- putting at risk once again the region's rich environmental and cultural heritage.
Asia Insight

Can ASEAN avoid overtourism as arrivals return to pre-COVID levels?

Governments struggle toward a more sustainable and equitable hospitality sector

20 December 2022
Coca-Cola is joining with a Thai petrochemical company to launch a PET recycling plant in the Philippines.
Materials

Suntory, Coke aim to stem Southeast Asia's tide of plastic waste

Bottle recycling seen as business opportunity with eco-friendly sheen

16 December 2022
Tighter financial conditions are raising borrowing costs, which is starting to depress housing demand in Asia, according to a recent study by the International Monetary Fund.
Property

From Hong Kong to Malaysia, property markets set to decline: IMF

Shift in interest rate cycle creates 'downside risks', organization says

15 December 2022
Thai materials giant Siam Cement is trying to find growth in more sustainable fields.
Companies

Siam Cement to invest $3bn in renewable energy and decarbonization

5-year plan aims for sustainable growth beyond cement and petrochemicals

15 December 2022
CP Group Senior Chairman Dhanin Chearavanont, left, and Toyota Motor CEO Akio Toyoda (Photo courtesy of Toyota Motor)
Transportation

Toyota and Thailand's CP Group partner on hydrogen fuel project

Japan automaker says EVs 'not only option' as Tesla and BYD move into market

14 December 2022
People collect holy water from a huge bucket outside a temple in Nakhon Pathom province, central Thailand. (Getty Images)
Tea Leaves

Thai superstitions keep modernity in its place

Economic insecurity has widened interest in the supernatural among the young

14 December 2022
Singapore Airlines and India's Tata Sons announced the merger of Air India and Vistara, with the city-state's flagship carrier investing $250 million in Air India.
Transportation

From Singapore to Japan, Asian airlines rush to ramp up routes

SIA inks deals as rivals like JAL and AirAsia expand flights despite risks

13 December 2022
Casino financiers have been moving out of Macao in recent years, initially into Cambodia and later along Thailand's borders with Laos and Myanmar, creating countless unregulated operations beyond any rule of law. 
Asia Insight

Chinese underworld floods to Thailand-Myanmar river border

Macao squeeze spawns new gambling and trafficking hubs akin to 'penal colonies'

13 December 2022
A bartender pours a craft beer at a promotional event held in a Bangkok park in late November. (Photo by Yohei Muramatsu)
Food & Beverage

Thailand's watered-down beer deregulation panned as weak brew

Limited help for craft brewers seen as protecting leaders Singha and Chang

12 December 2022
Many Russian tourists can be seen on Pattaya Beach in eastern Thailand recently. (Photo by Kosuke Inoue)
Travel & Leisure

Russian tourist numbers jump in Thailand

Southeast Asian country's willing acceptance invites criticism

11 December 2022
Paetongtarn Shinawatra, a daughter of Thaksin Shinawatra, the prime minister ousted in a coup in 2006, made some bold election pledges at a Pheu Thai Party assembly on Dec. 6.
Politics

Thai opposition pledges to double minimum wage ahead of election

Pheu Thai backs high-speed rail from China to Singapore and war on drugs

7 December 2022
Tesla launched in Thailand on Wednesday at Siam Paragon mall in Bangkok. This is the U.S. automaker’s second foray into the Southeast Asian market, after Singapore. (Photo by Francesca Regalado)
Automobiles

Tesla to deliver Shanghai-made EVs to Thailand in early 2023

Elon Musk-led automaker sets Model Y price above BYD and Toyota

7 December 2022
Stream article image
Women's Wealth

Asia's female financial firepower surges to record highs

Combined wealth of women in Asia now world's second-highest, but systemic issues challenge equality

5 December 2022
Vietnamese technical interns work at a construction site in Tokyo. (Photo by Ken Kobayashi)
Japan immigration

Japan to lose pay appeal for Vietnamese, Indonesian workers by 2032: study

Stagnant Japanese wages risk making Southeast Asians look elsewhere for jobs

5 December 2022
A Tesla showroom in Singapore. U.S. electric car maker on Dec.7 will open its showroom in Thailand, Southeast Asia's second largest auto market.
Your Week in Asia

Memorial service for Jiang Zemin, Tesla enters Thailand, IPEF meeting

Your weekly lineup of Asia's biggest business and political events

4 December 2022
Thailand's newly introduced high-skilled worker visa program has drawn more than 1,600 applicants so far. (Photo by Kentaro Iwamoto)
Economy

Americans, Chinese snap up Thai 'talent visas,' official says

Manufacturing hubs seek industrial upgrade amid supply-chain shift

3 December 2022
Honda Motor showcased its all-electric SUV prototype at the Thailand International Motor Expo near Bangkok on Nov. 30. (Photo by Yohei Muramatsu)
Automobiles

Honda, Toyota race to gain ground in Thai, Indonesian EV markets

Japanese automakers chase Chinese and South Korean rivals after late start

3 December 2022
Saying cheese in Thailand: Jarutat Snidwongse Na Ayuthaya and wife Ann display Jartisann Cheeserie's latest varieties. (All photos courtesy of Jartisann Cheeserie)
Life

Pioneering Thai cheesemaker promotes greener pastures

Chiang Mai producer calls for reform of the dairy farming industry

2 December 2022
Jim Thompson CEO Frank Cancelloni poses for a portrait at the Jim Thompson Museum in Bangkok. (Photo by Lauren DeCicca)
Business Spotlight

Thai silk icon Jim Thompson vows COVID comeback as global brand

Household name in silk can be Asia's version of Ralph Lauren, says CEO

2 December 2022
Thai motorists scooped up more than 2,500 BYD Atto 3 cars on the day it began taking orders. The Chinese automaker promised 5,000 cars in Thailand by year’s end. (Photo by Francesca Regalado)
Automobiles

BYD accelerates in Thailand as fuel costs drive EV demand

Having cars in stock gives Chinese advantage over Japanese rivals

1 December 2022
A voter casts their ballot to vote in the general election at a polling station in Bangkok in March 2019.
Politics

Thai court upholds election formula favoring opposition Pheu Thai

Path to majority still unclear as Prayuth mulls party change

30 November 2022
The Bank of Thailand again raised its policy rate a quarter point to 1.25% on Nov. 29 as it tries to tamp down inflation and keep pace with interest rate rises elsewhere to shore up the baht. 
Economy

Thailand hikes key interest rate to 1.25%, lowers growth outlook

Central bank walks tightrope between interest rate gap, economic recovery

30 November 2022