Inheriting my father's management style: Saha Group chairman's story (22)
Boonsithi Chokwatana is chairman of Saha Group, Thailand's leading consumer products conglomerate. This is part 22 of a 30-part series .
After my father's funeral and memorial service, we needed to discuss how to run the group.
An old friend of my father's, Prasit Kanchanawa, a former speaker of the House of Representatives, attended the family meeting and took over the role of traffic controller (my father must have asked him to take care of the group in case something were to
Indians turn to natural gas-powered cars after gasoline price hikes
NEW DELHI -- With gasoline prices soaring and electric vehicles prohibitively expensive for most people, Indians are turning to cars running on a cheap alternative fuel, compressed natural gas.
The surge in demand has left India's two sellers of these vehicles racing to stay ahead as new players like Tata Motors and Honda Motor prepare to enter the market. It has also generated a burst of investment in CNG fuel infrastructure.
After 41 gasoline price hikes since May -- the result of surging global oil prices -- drivers are
Tech workers band together to push for workplace reforms
TOKYO -- Tech workers are banding together to demand better working conditions as well as more accountability and transparency from their employers, marking a major shift for an industry long known for shunning collective action.
The move comes against a backdrop of expanding disparities among employees themselves, as well as growing public concern over tech companies' use of personal data and other issues.
There were 127 cases of collective action in the IT industry in 2020, according to Collective Action in Tech, a project supporting movements by
US retreat from Afghanistan threatens China and Russia
TOKYO -- A US defeat in war should be good news for China and Russia, consider that any blow to American prestige and leadership is a win for its main strategic rivals.
And such a blow is precisely what has happened in Afghanistan. As the Taliban seized Kabul, the Afghan capital, after taking control of other major cities, they declared victory over the US in the 20-year war across the landlocked country perched at the crossroads of Central and South Asia.
Following the Sept. 11 terrorist attacks
LG Display to invest $2.8bn in light-emitting diode facilities
SEOUL (Reuters) -- LG Display said on Tuesday it plans to invest 3.3 trillion won ($2.8 billion) in small- to mid-sized organic light-emitting diode (OLED) panel production facilities.
The investment will take place starting this month until March 2024, the display panel maker said in a regulatory filing.
The investment will be in South Korea for sixth-generation OLED panels, and the facility is expected to begin operations in 2024, a
Tencent Music's plan stalls for $5bn Hong Kong listing in 2021
HONG KONG -- Tencent Music Entertainment Group's plans to sell up to $5 billion in shares while acquiring a listing in Hong Kong by the end of the year are fading amid market volatility and China's crackdown on online platforms.
The music streaming unit of Tencent Holdings, which raised $1.1 billion in a New York initial public offering in 2018, has lost almost 70% of its market value since the stock peaked in March. While the company's desire to list
In Pictures: Taliban takes over Afghanistan
TOKYO -- Taliban fighters entered Kabul on Aug. 15 and President Ashraf Ghani fled the Afghan capital for Tajikistan, capping the militants' lightning push for power. Here are some scenes from Afghanistan to Washington.
© AFP/Jiji Taliban fighters on a vehicle on a street in Laghman province on Aug. 15.
China smartphone maker says UK chip plant purchase 'complete'
TAIPEI -- China's largest smartphone assembler Wingtech Technology on Monday said it has completed its acquisition of the U.K.'s largest chip plant, in a move aimed at securing new sources of semiconductors amid a global supply crunch.
The Chinese company said it received notification last week from Companies House, the U.K. registrar of companies, that ownership of Wales-based Newport Wafer Fab has been transferred to Wingtech subsidiary Nexperia.
"The transfer of the ownership has been completed, and Wintech now indirectly
Thailand extends lockdown for a fortnight as COVID-19 rages
BANGKOK --The Thai government has extended lockdown measures for two more weeks in order to try and bring a severe third wave of COVID-19 under control as confirmed new cases continue to surge.
Dr Taweesilp Visanuyothin, spokesperson for the Center for COVID-19 Situation Administration (CCSA), told reporters on Aug. 16 that the government had decided to extend the lockdown and nighttime curfew, which was due to end on Aug 18, until Aug 31.
Taweesilp said bank branches inside department stores
Japan set to extend Tokyo state of emergency to Sept. 12
TOKYO -- Japan plans to extend the state of emergency in cities including Tokyo until Sept. 12 and expand the declaration to seven additional prefectures.
The current deadline for the state of emergency for Tokyo and five other prefectures is set for Aug. 31. A decision to extend the emergency will be made following a meeting of an expert advisory committee on Tuesday.
The seven prefectures to be put under the tighter measures from Aug. 20 are Ibaraki, Tochigi, Gunma, Shizuoka, Kyoto, Hyogo and Fukuoka