Asia Business

Nepal to ink India power deal during Modi visit

By Tue, Nov 25, 2014 2:56PM UTC India Prime Minister Narendra Modi. Pic: AP.

KATMANDU, Nepal (AP) — Officials say Nepal’s government will sign an agreement with an Indian company to build a hydroelectricity plant that will export power to India.

News Corp. invests $30m in India real estate website

By Tue, Nov 25, 2014 10:06AM UTC News Corp. invests $30m in India real estate website

NEW YORK (AP) — News Corp. says it has invested in a real estate website in India as it tries to grow its digital business.

Japan orders air bag maker to conduct investigation

By Sun, Nov 23, 2014 11:53AM UTC Japan orders air bag maker to conduct investigation

TOKYO (AP) — Japan’s transport ministry has told air bag maker Takata to conduct an internal investigation after cases of its air bags exploding triggered safety concerns in the U.S. and other countries.

Malaysia axes fuel subsidies as oil prices drop

By Sun, Nov 23, 2014 11:42AM UTC Pic: AP.

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government says it will completely withdraw fuel subsidies from next month, following the plunge in global oil prices.

28 weeks later: Thailand tourism down, but not out

By Thu, Nov 20, 2014 4:53PM UTC A tourist walks past a street vendor in Bangkok, Thailand. Pic: AP.

Earlier this month Thailand’s Tourism Minister Kobkarn Wattanavrangkul said that about 25 million foreign visitors are expected to visit the country this year, down from 26.7 million in 2013. This seems optimistic, considering that Thailand has suffered a tumultuous year marred by months of violent political protests and a military coup on May 22.

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