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BANGKOK (AP) — Japan’s Nikkei 225 share benchmark surged Thursday to an all-time high, bypassing its previous record set in December 1989 on heavy buying by global investors.
Observers who spoke to This Week in Asia said such grants were likely to be given out based on investment returns, although these came with inherent “risks” such as no-shows by stars. They added that other factors, such as infrastructure, stability of the country and connectivity, also weighed in the minds of concert organisers.
BANGKOK/YANGON -- Myanmar's military government said it will exempt women for the time being from mandatory conscription set to begin in late April, in what may be a response to public outcry over the move.
BANGKOK -- Thailand will expand its incentive programs for electric vehicles, introducing tax reductions for users of electric trucks and buses to encourage businesses to switch to green vehicles.
The Southeast Asian nation will seek to get a new cannabis bill – which will explicitly outlaw recreational use of cannabis – approved by lawmakers in the lower house by the end of October, before parliament goes into recess, Health Minister Cholnan Srikaew said in an interview in Bangkok. That will follow a review by the cabinet next month, he said.
BANGKOK -- While a decadeslong ethnic conflict rages in Thailand's three southernmost provinces, online platforms are extending their reach as a political voice for Malay-Muslims, the largest minority in this predominantly Buddhist country.
BANGKOK (Reuters) -- Thailand's newly freed former Prime Minister Thaksin Shinawatra met prosecutors on Monday to discuss allegations he insulted the powerful monarchy, appearing "truly ill," an official said, as Thaksin discussed a case that could see him convicted again.
The increase also provides a welcome relief to countries whose tourism industries rely on the Chinese and their spending for growth, although the outlook for a sustained recovery in overseas travel is overshadowed by a sluggish mainland economy and volatile financial markets that have seen consumers tighten their belts at home.