Bangkok / Tribune News Service The Commerce Ministry says it has found 15 companies in Phuket and two in Phang Nga in likely breach of the Foreign Business Act (FBA) for having a nominee structure in businesses reserved for Thais. In two cases, foreigners were allegedly using Thai identity cards illicitly. Sarote Suwattigul, deputy director-general of the Foreign Trade ...

  Tokyo / AFP Nissan says it is developing fuel-cell technology that can power cars using plant-based ethanol, a first for the auto industry, and hopes to launch the system in time for Tokyo’s 2020 Olympics. Japan’s number-two automaker said its experimental technology would let vehicles drive more than 600 kilometres (375 miles) on a single fill, similar to gasoline-powered ...

  Beijing / AFP China’s unbranded goods are often better than the branded originals they imitate, founder of e-commerce giant Alibaba Jack Ma said, posing an additional challenge to the battle against sales of counterfeits. “The problem is that the fake products today, they make better quality, better price than the real product, than the real names,” he said in a ...