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  • *Malaysia, Vietnam, Indonesia among countries eyeing new jets. SINGAPORE/ KUALA LUMPUR, April 22- With an eye on China's more muscular stance in the South China Sea, Southeast Asian governments are stepping up efforts to replace aging fighter aircraft fleets, paving the way for multi-billion dollar deals in a boon for warplane makers. Despite tight budgets across...

  • *Malaysia, Vietnam, Indonesia among countries eyeing new jets. SINGAPORE/ KUALA LUMPUR, April 22- With an eye on China's more muscular stance in the South China Sea, Southeast Asian governments are stepping up efforts to replace ageing fighter aircraft fleets, paving the way for multi-billion dollar deals in a boon for warplane makers. Despite tight budgets...

  • *Indonesian, Malaysia, Philippines ministers to meet. JAKARTA, April 21- Indonesia fears piracy on a shipping route along its sea border with the Philippines could reach Somalian levels and has told vessels to avoid danger areas, officials said on Thursday, after a spate of kidnappings. Concerns over maritime attacks by suspected Islamist militants are...

  • *Indonesia, Malaysia, Philippines ministers to meet in Jakarta. JAKARTA, April 21- Indonesia fears piracy on a busy shipping route along its maritime border with the Philippines could hit levels seen in Somalia unless security is tightened, its chief security minister said on Thursday, following a spate of kidnappings. For the first time, concerns over rising...

  • HONG KONG/ BENGALURU, April 21- Bad debts at Asian banks have climbed to their highest since the global financial crisis and the trend will likely worsen as regional economies battle against China's slowdown and volatile oil and commodities prices, a Reuters data analysis shows. "We expect asset quality to weaken and bad loans to increase... the key factor we see is...

  • HANOI, April 20- Through supermarkets, malls, dairy and beer, Thai tycoons are pursuing deals in Vietnam that could break mergers and acquisitions records in the upwardly mobile market of 90 million people, at the expense of their Asian rivals. Billionaire beer magnate Charoen Sirivadhanabhakdi is leading the Thai charge into Vietnam through his Thai Charoen...

  • Airlines are already rushing to cash in on this and the travel boom is eroding Asia's structural surplus of jet fuel. A draw down in excess jet fuel stocks will provide a rare pillar of support for Asia's massive refining sector that has been hit by poor profits, given weak demand for its main product- diesel- amid an economic slowdown in top consumer China.

  • *Sale is the biggest deal involving Myanmar assets. HONG KONG/ SINGAPORE, April 18- U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country's assets. "Companies understand that Myanmar is in a...

  • CNBC Exclusive: Outlook on Thai Economy

    Richard Han, CEO of Hana Microelectronics, believes 36 baht per dollar would be an ideal exchange rate, but warns that stability is more important than fluctuations.

  • The Songkran festival, Thailand's New Year, is celebrated by throwing buckets of water, but the mood is soured this year as Thailand suffers its worst drought in 20 years.

  • Takeshi Idezawa, Line CEO.

    When Japanese messaging app Line found itself shut out of China, it it started banking on plush toys and other merchandise.

  • Geothermal assets are based in Indonesia and Philippines. SINGAPORE, April 6- French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said. Potential buyers including Southeast Asian firms are attracted by the...

  • *Luxury malls, department stores, hypermarkets spring up. BANGKOK, April 6- In a downtown Bangkok mall, ripped jeans and mirror sunglasses aimed at fast-fashion teens show how Thai retailers are getting ready for the next big thing- a government stimulus package they're betting will revive sales after years of stagnation. Amid record tourism numbers, the...

  • A worker polishes steel coils at a factory of Dongbei Special Steel Group in Dalian, China.

    As China's economy looks to be slowing, countries in the region are loading up on prophylactics.

  • The Bank of Thailand faces a tough policy decision, while SKorea will release Q4 GDP and Japan offers up inflation data in a short week.

  • Fed

    The Fed has a hard time making calls given the market's unpredictable nature and inconclusive data, says Pakorn Peetathawatchai, CFO of the SET.

  • Indonesia has been delivering a solid economic performance despite the air of caution around emerging markets, the Financial Times reports.

  • HONG KONG, March 9- As Chinese property investors heat up prices in many of the world's biggest cities, China buyers are now searching beyond traditional hot spots for bargains and higher returns, ranging from land in Dubai to student housing in Manchester. Chinese were the seventh biggest property investors in Dubai last year, pumping in $463 million in the...

  • *Foxconn says CEO Gou at Sharp meeting in Bangkok. TAIPEI/ TOKYO, March 7- Talks for Taiwan's Foxconn to acquire a majority stake in Japan's Sharp Corp are "on the right track," people familiar with the matter said on Monday, after a last-minute hitch over contingent liabilities caused delays last month. Terry Gou, chief executive of Foxconn, is in Bangkok to...

  • BANGKOK/ HONG KONG, March 4- Thailand's Berli Jucker Pcl has tapped foreign banks including BNP Paribas as well as domestic lenders to raise $6.2 billion for its acquisition of Big C Supercenter, putting it on track to successfully meet a March 31 financing deadline. Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi, won a hotly contested...