The Bataan nuclear power plant in the Philippines has sat idle since plans to put it into operation were abandoned in 1986.
Energy

Thailand, Philippines embrace nuclear power to cut emissions

Small modular reactors seen as solution to meet energy demand, promote safety

26 March 2024
VinFast electric vehicles are parked before delivery at a store in Los Angeles. The Vietnamese EV maker will hold a press conference in Bangkok on March 26.
Your Week in Asia

China Boao Forum, VinFast debuts in Thailand, Xiaomi to launch EV

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

24 March 2024
A beach on the Philippine island of Palawan: For one recent group of Indian holidaymakers, Palawan offered the natural beauty of such popular tourist destinations as Mauritius or the Maldives but without the crowds and higher prices. 
Life

'Dupe destination' boom hits social media

Travel trend gathers momentum as vacationers seek copycat locations

23 March 2024
Boston Consulting Group's Global Chair Rich Lesser speaks to Nikkei Asia in Bangkok on March 15. (Photo by Hiroki Endo)
Interview

ASEAN's digital economy growth hinges on upskilling: BCG chair

Rich Lesser says region has to invest in both current and future generations

22 March 2024
Aerial photo of the port of Songkhla (Photo by the port of Songkhla)
Business Spotlight

Thai ports bemoan competitive decline as Srettha pushes 'land bridge'

Shipping industry questions potential demand for $28bn megaproject

22 March 2024
Thailand's delayed 2023-24 budget has prevented the government from kicking off any infrastructure project that Italian-Thai won the bids to operate, leaving the company struggling to gain revenue from them. (File photo by Getty Images)
Construction

Construction group Italian-Thai seeks new loan amid liquidity crunch

Debt defaults may force company to file court rehabilitation plan

21 March 2024
Thai Defense Minister Sutin Klungsang is tasked with streamlining Thailand's armed forces, which reportedly have about 2,000 generals. (Photo by Hiroki Endo)
Interview

Thailand's civilian defense minister seeks 'gradual' military reform

Sutin stresses compromise as ruling Pheu Thai avoids clash with coalition partners

18 March 2024
Former Thai Prime Minister Thaksin Shinawatra greets supporters at Doi Suthep temple, Chiang Mai on March 15. (Photo by Francesca Regalado)
Politics

Thaksin's Chiang Mai trip shakes faith of hometown loyalists

Former supporters irked by preferential treatment for Shinawatra clan

16 March 2024
RedDoorz's Jakarta office. London-based Grant Thornton interviewed executives at 4,891 midsize companies in the fourth quarter of 2023. (Photo by Ken Kobayashi)
Gender

Philippines tops women business executive ranking of 28 countries

Thailand, Malaysia, Indonesia place in top 10; Japan, South Korea fall to bottom

16 March 2024
An electric bus backs into a spot at a charging station maintained by Energy Absolute in Minburi, Thailand. (All photos by Adryel Talamantes)
Automobiles

Thai clean power provider hears skeptics, rides electric bus bet

Energy Absolute stock dives as the market grows wary of its plan to fight smog

14 March 2024
Pita Limjaroenrat led the progressive Move Forward Party, now facing dissolution, to a surprise victory in the May 2023 election. (Photo by Ken Kobayashi)
Politics

Thai election authority seeks to disband Move Forward Party

Body claims popular opposition party sought to overthrow constitutional monarchy

12 March 2024
A ship transports containers down the Mekong River. Recently installed Cambodian PM Hun Manet said the $1.7 billion China-backed canal project would allow his country to "breathe through our own nose," diverting its goods for export directly to its own coast rather than via the Vietnam-controlled Mekong Delta. (Photo by Jack Brook)
Asia Insight

Cambodia to divert Mekong trade via China-built canal, vexing Vietnam

Planned Phnom Penh-coast link raises alarms amid regional influence tussle

12 March 2024
Daily limits are to be imposed on short-selling eligible securities, and an uptick rule will be triggered if a stock's closing price drops by 10% from the previous day. (Photo by Ken Kobayashi)
Markets

Thai SEC sets curbs on foreign-dominated short-selling

Head of regulator says it will 'not soon' allow cryptocurrency ETFs

11 March 2024
Bank of Thailand Gov. Sethaput Suthiwartnarueput, left, and Prime Minister Srettha Thavisin (Nikkei montage/Source photos by Hiroki Endo)
Comment

Thai government once again in conflict with central bank

Slow policy progress lies behind Srettha's impatience for rate cut

11 March 2024
Bank of Ayudhya, or Krungsri, aims to grow its social and sustainable finance portfolio.
Finance

Thailand's Bank of Ayudhya debuts corporate ESG deposits

Toyota leasing unit is MUFG subsidiary's first customer for new product

9 March 2024
Bank of Thailand Gov. Sethaput Suthiwartnarueput in Bangkok in February: The central bank's policy rate is now 2.5%, the highest level since 2013. (Photo by Hiroki Endo)
Opinion

Bank of Thailand right to resist Srettha's call for rate cuts

Yet prime minister also has good cause to use fiscal policy to boost growth

7 March 2024
A senior official from Myanmar attends the ASEAN defense ministers' meeting in Luang Prabang on March 5. (Photo by Kenya Akama)
Myanmar Crisis

ASEAN considers including Europe in defense talks to enhance ties

Move comes as China's clout grows, global tensions spill into Southeast Asia

5 March 2024
Shoppers and tourists walk along Khaosan Road in Bangkok. (Photo by Hiroki Endo) 
Inflation

Thailand's consumer prices fall for fifth consecutive month

Negative inflation adds to PM Srettha's pressure on central bank

5 March 2024
Former Prime Minister Yingluck Shinawatra, right, in Singapore as her brother and ex-premier Thaksin Shinawatra left for Thailand on Aug. 22, 2023. (Photo by Tsubasa Suruga)
Politics

Thai court acquits ex-PM Yingluck Shinawatra in last pending case

Ruling clears hurdle for homecoming from self-exile

4 March 2024
A rendering of luxury housing being developed by Central Group in Phuket. (Central Group)
Property

China and Russia buyers flock to luxury homes in Southeast Asian resorts

Big projects underway in Thailand's Phuket, Vietnam's Danang

1 March 2024
Thai filmmaker Nontawat Numbenchapol: After making his name with a series of observational documentaries, he has branched out into narrative features with dark social realist film “Doi Boy.” (All photos courtesy of Nontawat Numbenchapol)
Arts

Thai filmmaker switches to fiction to reveal migrant realities

Nontawat Numbenchapol's debut feature 'Doi Boy' explores illegal border crossings

1 March 2024
Siam Commercial Bank parent SCBX is making a move into fast-growing Vietnam's consumer credit market.
Business deals

Thai finance group SCBX to buy Vietnam consumer lender for $850m

Home Credit Vietnam acquisition part of overseas push for Siam Bank parent

1 March 2024
The U.S. Federal Reserve has signaled rate cuts in the coming months as inflation worries decrease, easing the cost of borrowing. (Photo by Shinya Sawai)
Finance

ASEAN banks' fat interest margins wane as Fed rate cuts loom

Singapore, Thailand and Indonesia anticipate rocky road in loan earnings

28 February 2024
Military personnel stand during Cobra Gold's opening ceremony Feb. 27 at U-Tapao Royal Thai Navy Airfield in Thailand's Rayong province. (Photo by Kosuke Inoue)
Defense

Thailand, U.S. launch biggest post-COVID Cobra Gold exercises

Drills to last into March and cover domains from sea to space

28 February 2024
Siam Cement Group CEO Thammasak Sethaudom speaks to Nikkei Asia in Bangkok on Feb. 14. (Photo by Hiroki Endo)
Materials

Siam Cement develops cost-effective hydrogen for green mobility

Company aims to build value chain for both EVs and hydrogen vehicles

27 February 2024