Bloomberg
This private university is accepting rice for tuition fees
A private university in Thailand has begun accepting rice in payment for tuition fees as the nation struggles under a grain glut that’s hurting farm incomes. Students enrolled at Rangsit University in Bangkok’s northern suburbs can pay all or part of next semester’s costs with ...
Thailand evokes Temasek as Junta tries to revive state firms
Thailand is seeking to set up an investment holding company next year for government shareholdings, part of a wider effort to improve the performance of state-controlled enterprises. A law to boost the governance of such firms and enable the creation of the holding company may ...
Anxiety in Manila as Duterte blasts U.S., embraces China
During long hours stuck in Manila’s choking traffic, taxi driver Maning Yabut constantly hears about the anxieties of Filipinos from all walks of life. These days, the talk is all about whether President Rodrigo Duterte’s anti-U.S. outbursts are good for the Philippines. Particularly concerned, he ...
So long to the Asian sweatshop
For 30 years, the word “sweatshop” has conjured up a very specific image: low-wage Asian workers making branded clothes in crowded, unsafe factories for consumers overseas. The power of that image has launched human rights campaigns, altered how major companies source their products and informed ...
Southeast Asian countries’ growth to accelerate commodities rebound
China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...
Why China’s plan to build a new silk road runs through Singapore
As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia. So the managing director of the Pacific International Lines Group ...
China calls for calm After Brexit, seeks ‘stable and united’ EU
China called for a calm response to the U.K.’s unprecedented Brexit vote, saying a “stable and united European Union was in the interest of all parties.”“The decision of leaving the EU has an impact on everything, and we believe all related parties must calm down ...