Asia

More From Asia

article image
PREMIUM41 minutes ago

Malaysian Tycoon Lin’s Gamuda, Alstom Win $1B Perth Train Project

Gamuda, the Malaysian infrastructure company cofounded by tycoon Lin Yun Ling, will participate in a A$1.6 billion ($1.07 billion) project to maintain and upgrade the train control systems on Perth's rail networks.

ByYessar RosendarForbes Staff
article image
PREMIUM3 hours ago

China’s Third Plenum Leaves Investors Longing For More Specifics

China concluded its Third Plenum, a key economic policy-setting meeting, but the initial reaction to its priorities has been lacklustre.

ByJohn KangForbes Staff
article image
PREMIUM3 hours ago

Thai Billionaire Charoen Streamlines $13 Billion Beer And Property Empire

Thai billionaire Charoen Sirivadhanabhakdi is streamlining his business $13 billion (market cap) beer and real estate empire, with its flagship Singapore-listed Thai Beverage exiting the property business.

ByPhisanu PhromchanyaContributor
article image
PREMIUM18 hours ago

Billionaire Chey’s SK Group To Merge Energy Units As Part Of Overhaul

SK Innovation, the parent company of loss-making EV battery maker SK On, will acquire energy affiliate SK E&S in an all-stock deal.

ByZinnia LeeForbes Staff
article image
PREMIUM18 hours ago

Billionaire Kuok’s Allgreen Offers Top Bid For Prime Singapore Housing Site

Billionaire Robert Kuok's Allgreen Properties submitted the top bid for a prime Singapore residential site despite softening housing demand.

ByJonathan BurgosForbes Staff
article image
PREMIUMJul 17, 2024

Stock Rout Puts Fortune Of Embattled Thai Green Energy Tycoon Into Free Fall

Once Thailand’s poster boy for renewable power, Somphote Ahunai saw over $330 million of his fortune evaporate over a three-day stock rout at his Bangkok-listed Energy Absolute as regulators investigated him for alleged fraudulent transactions.

ByJonathan BurgosForbes Staff
article image
Jul 17, 2024

Director Kim Da-Min Talks Makgeolli, Hagwons And Her New Film ‘FAQ’

Wondering about the microbes in makgeolli and the prevalence of Korea's after-school programs led Kim Da-min to film 'FAQ.'

ByJoan MacDonaldContributor
article image
PREMIUMJul 16, 2024

Thai Billionaire Sarath Merging Energy, Telecom Units To Create $20 Billion Company

Billionaire Sarath Ratanavadi is merging his Bangkok-listed Gulf Energy Development with Intouch Holdings, which controls Thailand’s second largest mobile phone operator by subscribers, Advanced Info Service, in a deal that will create a combined entity worth over $20 billion.

ByPhisanu PhromchanyaContributor
article image
Jul 16, 2024

China’s Third Plenum Planners Have Problems Beyond The Property Crisis

For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.

ByMilton EzratiSenior Contributor
article image
Jul 16, 2024

OnePlus Pad 2 Is Shaping Up To Be The Best iPad Alternative In 2024

OnePlus’ new tablet is powered by the most powerful chip on the Android side, and is lighter and thinner than almost all competition.

ByBen SinContributor