Thailand

McDonald's Japan apologizes after tooth, plastic found in food

McDonald's Japan (2702.T) has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.

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Euro starts new year at new lows in Asia

The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, so underlining the U.S. dollar's rate advantage.

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Asia closing the year on a cautious note

Asian markets were set for a cautious close to 2014 on Wednesday as worries about Greece's future in the euro zone served as an excuse to take profits on popular trades.

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India's capital sets new rules for Uber, other taxi operators

Taxi firms including Uber, the online cab-hailing company banned in New Delhi, will have to install panic buttons if they are to operate in India's capital under new rules framed after allegations that a driver for the U.S. firm raped a passenger.

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Thai Jasmine delays $1.2 billion Broadband fund IPO to January

Thailand's Jasmine Broadband Internet Infrastructure Fund has pushed back the listing of an up to $1.2 billion initial public offering to January due to a delay in approvals from stock market regulator, IFR reported on Monday.

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SoftBank invests $250 million in Southeast Asian taxi-hailing app GrabTaxi

Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm.

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Thai drink maker Carabao sets IPO price range at 26-28 baht

Thai energy drink maker Carabao Group PCL has set the price range of an initial public offering (IPO) at 26 to 28 baht a share, to raise up to 7 billion baht ($214.72 million), people with knowledge of the sale said.

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New Tesco boss likely to sell assets to fund recovery plan

Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.

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Thai junta says will help kick-start stalled Dawei talks

Thailand will revive talks with Japan and Myanmar aimed at kick-starting the floundering multi-billion dollar Dawei Special Economic Zone in Myanmar, a junta spokesman said on Thursday.

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With free visas, Thailand tells Chinese tourists 'please come back soon'

To make vacationing in a country still under martial law a little more attractive, Thailand’s military junta is offering tourists from China free visas.

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WearYouWant, Thailand fashion retailer, pockets $1.5 million series A round

Thailand-based WearYouWant raise $1.5 million in a Series A funding round from investors including Digital Media Partners, OPT SEA, IMG Investment Partners and co-founder Julien Chalte.

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Singaporean hotel booking app In2Nite raises $2.8M in funding for Asian expansion

Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.

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Japan pulls out investments in China, directs focus to South East Asian countries

The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.

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Viddsee launches new site to promote Asian indie films on social network

Online video platform Viddsee launched its new site Viddsee BUZZ to promote independent films from Hong Kong, Japan, Singapore, Malaysia, Cambodia, Thailand, and the Philippines on social media and help them go viral.

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GrabTaxi closes Series A round to conquer Southeast Asia

Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.

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