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...Although Mitsui Fudosan is the largest Japanese property group by value, it has, at 6.91 per cent, the lowest return on equity among peers such as Mitsubishi Estate and Sumitomo Realty....
...China this month announced new visa-free travel arrangements with Singapore and Thailand. Last year, Beijing introduced visa-free policies for some countries including Germany, Italy and Spain....
...Chen Long, co-founder of research firm Plenum, said offering potential support to Vanke would be tricky for the government because other developers could question why they did not receive similar treatment...
...This experience will now be tested with new EV factories announced in Thailand, Indonesia, Brazil and Hungary....
...Less than two years into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according...
...The site would be the sixth auto plant outside China planned by the Warren Buffett-backed group, following Brazil, Hungary, Mexico, Thailand and Uzbekistan, as it expands its manufacturing footprint closer...
...Other countries that have benefited from the “China plus one” trend, such as Thailand, are expected to follow suit....
...Cambridge Retail is owned by René Benko’s Signa Group in Austria and Tiang Chirathivat’s Central Group in Thailand, which together bought the department store portfolio from the billionaire Weston family...
...Mark Liu, chairman of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, announced he will retire next year....
...The trial scheme, known as “Any Wear, Anywhere”, led by JAL and the trading house Sumitomo, has been pitched as an attempt to promote sustainable tourism....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Central operates many of Thailand’s most upmarket stores and malls and was a pioneer in integrating food and drink with retail as well as recognising — and catering to — luxury retail as a global phenomenon...
...The transaction will be funded by a $7bn financing commitment provided by Sumitomo Mitsui Banking Corporation....
...Fujian-based CATL, formally Contemporary Amperex Technology Co. Ltd, is the world’s largest maker of midsize and large batteries for electrified vehicles....
...Rory Fuerst Jr, Keen’s innovation director, and son of company co-founder Rory Fuerst, finds the Uneek’s traction among younger generations amusing....
...The fund manager, a sister company of Japan’s Sumitomo Mitsui Trust Bank, has $572bn under management making it one of the largest fund managers in Asia....
...#techAsia is co-ordinated by Nikkei Asia’s Katherine Creel in Tokyo, with assistance from the FT tech desk in London....
...Castore co-founder Tom Beahon says the premium sportswear company’s tie-ups with Red Bull and McLaren have been “transformational” for its brand awareness in Asia....
...The editorial team can be reached at techasia@nex.nikkei.co.jp...
...“Many of the current working population are very sceptical about prices and wages rising since they have never experienced it,” said Hiroyuki Ueno, chief strategist at Sumitomo Mitsui Trust Asset Management...
...The company has struggled to raise new capital through public bond offerings in recent years, but it has continued to attract wealthy families and other co-investors, such as Thailand’s Central Group, to...
...That would be welcome news for leading central banks, which have been raising interest rates rapidly in a co-ordinated effort to tame inflation, risking plunging major economies into recession by doing so...
...I made my very first post-Covid business trip to Thailand last week, thanks to easing of restrictions in both jurisdictions....
...Nissan model], including its batteries, are exported abroad as used cars and there are fewer vehicles left in Japan,” said Yutaka Horie, president of 4R Energy, Nissan’s joint venture with trading house Sumitomo...
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