Nissin Electrics of Japan are building a new plant in Myanmar, which will shift some of their production from factories in Vietnam and Thailand, in an effort to cut labour costs. Nissin Electrics manufacture gas insulated switchgears, capacitors, transformers, instrument transformers and medium-low voltage metal enclosed equipment. Bangkok Post reports that the company announced it will form a joint venture with Hosoda Holdings, a Japanese trader acting as Nissin’s sales agent for the Myanmar market, in the Thilawa Special Economic Zone on the outskirts of Yangon in June, with plant operations scheduled to start in March 2020.
Chinese travellers continue to dominate Asia’s passenger cruise market, but Taiwanese and Singaporeans aren’t far behind. This according to the 2018 Asia Cruise Industry Ocean Source Market Report. Commissioned by the Cruise Lines International Association, the report looks at the growth, demographics and trends of the top source markets in Asia
If you’ve used Grab you’ll realise what a big announcement this is.
BTS, Blackpink, ASEAN, K-Pop by The Star Online – Asia News Network TV drama, pop music, culture, food. The ‘Korean Wave’ is on its way. The Korean Wave was the hot topic at the ASEAN-Korea Media Forum held in Seoul recently, with experts saying that it has, in fact, enhanced cultural exchanges between the republic and the entire region.
The Thai PM Prayut Chan-o-cha is leading a delegation to officiate at the opening of a new rail service between Thailand and Cambodia at Klong Luek railway station in Sa Kaew province.
PHOTO: Paddle Your Own Kanoo Protests over Brunei introducing draconian new laws with brutal punishments for gay sex, adultery and theft are now being aimed at the nationally-owned Royal Brunei Airlines. Virgin Australia Airlines has already confirmed it has cancelled its staff travel deal with the national carrier over the new anti-gay laws
FILE PHOTO: Sa Kaew border with Cambodia A Trat businesswoman, in eastern Thailand, has accused a Cambodian couple of scamming her out of 71,000 baht on the promise of lucrative returns from a 5 million baht joint export venture. 59 year old Saensuk Khamsat filed a complaint with Klong Yai district police on Friday, saying the couple who she transferred 71,095 baht to, had disappeared.
Mark Zuckerberg promised in a lengthy blog post that the company wouldn’t build data centres in countries with poor human rights. But he chose to ignore Singapore’s track record in human rights, declaring the city-state home to Facebook’s first data center in Asia to “serve everyone.” “As we build our infrastructure around the world, we’ve chosen not to build data centres in countries that have a track record of violating human rights like privacy or freedom of expression,” said Mark Zuckerberg
“A more complicated environment as well as risks and challenges, foreseeable and otherwise, that are greater in number and size.” by Chong Koh Ping, The Straits Times – Asia News Network China will set lower growth targets, between 6-6.5% this year, as the world’s second largest economy loses steam due to the ongoing trade war with the US along with weaker domestic and global demand. “We must be fully prepared for a tough struggle,” said Chinese Premier Li Keqiang at the opening of the annual session of the national Parliament this morning
The number of seizures of high-purity crystal methamphetamine are surging into northern Thailand. The demand rises and the methods of detection and enforcement also improve.