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Hong Kong’s richest man bets on oil despite global shift toward clean energy
The business empire of Hong Kong’s richest man, Li Ka-shing, is expanding its oil interests as global capital shifts toward clean energy and artificial intelligence, a strategy seen as a hedge against geopolitical risks.
Death row tycoon Truong My Lan’s yacht auction price cut by 44%
Shareholders want CEO removed as Singapore company shifts from durian to AI service
Malaysian king pays premium for stake in Singapore-listed mining firm expanding into rare earths
Malaysia's king has acquired a 2.25% stake in Singapore-listed Southern Alliance Mining for S$6.1 million (US$4.76 million), paying a premium in an off-market deal with the firm's managing director.
October 14, 2026 | 10:09 am GMT+7
Shares of Malaysian billionaire Lim Kok Thay's Genting slump to near 2-decade low
Shares of Genting Berhad, controlled by Malaysian billionaire Lim Kok Thay, fell to their lowest in almost 20 years after the group announced plans to raise RM1.25 billion (US$306 million) for debt repayment and working capital.
October 12, 2026 | 02:17 pm GMT+7
Singaporean father turns kitchen into bubble tea shop after 9 business failures
After nine failed food ventures and losses totaling SGD140,000 (US$109,400), a Singaporean father-of-two is starting again with a new business, delivering beverages made from his own home.
October 12, 2026 | 12:41 pm GMT+7
Singapore fitness chains face 3,300 creditor claims after closure
Liquidators handling the collapse of True Yoga and True Fitness in Singapore have received claims from around 3,300 creditors following the sudden closure of all their outlets last month.
October 12, 2026 | 08:57 am GMT+7
Singapore-born billionaire Low Tuck Kwong, daughter complete sale of 30.25% stake in Indonesia-based Bayan Resources to local tycoon
Bayan Resources founder Low Tuck Kwong and his daughter have sold a combined 30.25% stake in the Indonesian coal mining firm, up from the initially agreed 30%, to local tycoon Haji Isam's Jhonlin Baratama.
October 12, 2026 | 06:17 am GMT+7
Singapore's popular bakery to shutter 9 months after comeback
Fluff Bakery, a popular halal bakery in Singapore that closed last year and returned this January as Big Mouth Bakehouse, has shut its doors for good.
October 12, 2026 | 06:06 am GMT+7
Singapore's Marina Bay Sands, Resorts World Sentosa casinos fined $137,000 by regulator
Singapore's Gambling Regulatory Authority has fined the city-state's two casinos, Marina Bay Sands and Resorts World Sentosa, a total of S$175,000 (US$136,800) for breaches of regulations.
October 10, 2026 | 04:17 pm GMT+7
Tennis star Serena Williams-backed coffee chain with over 1,500 outlets mulls Singapore listing
Kenangan Coffee, the Indonesian chain with over 1,500 outlets backed by tennis star Serena Williams and rapper Jay-Z, is weighing an initial public offering on the Singapore Exchange, with plans to go public within 24 months.
October 9, 2026 | 10:26 am GMT+7
Uniqlo set to overtake H&M as world's second-largest apparel retailer
Uniqlo parent Fast Retailing is expected to overtake H&M as the world’s second-largest apparel retailer while stepping up expansion in Southeast Asia.
October 9, 2026 | 10:25 am GMT+7
Singapore's homegrown restaurant brand Crystal Jade shuts another 4 outlets, 9 so far this year
Singapore's homegrown Chinese restaurant group Crystal Jade has shuttered four more outlets in the city-state amid a restructuring before a proposed sale, bringing its total closures this year to nine.
October 9, 2026 | 06:25 am GMT+7
3 Malaysian tycoon daughters, including richest man Robert Kuok's, make Fortune's 'Most Powerful Women Asia' list
The daughters of three Malaysian tycoons, including a daughter of the country's richest man Robert Kuok, have been named on Fortune's “Most Powerful Women Asia” list for 2026.
October 9, 2026 | 06:18 am GMT+7
Vingroup, controlled by Southeast Asia’s richest billionaire, orders 200 driverless metro trains from Alstom for Hanoi
Vingroup has signed an agreement with French rail giant Alstom to acquire 200 fully automated metro trains for Hanoi, with more than half to be assembled in Vietnam.
October 8, 2026 | 05:16 pm GMT+7
Japan raids 4 largest beer makers over suspected price cartel
The four largest brewers in Japan have been raided by authorities over suspicions they colluded to hike beverage prices in a violation of anti-monopoly laws.
October 8, 2026 | 09:53 am GMT+7
World's largest convenience store chain exits India amid fierce competition
All 7-Eleven convenience stores in India shut down in September, according to its Japanese parent company, as media reported the retail giant struggled to compete with local rivals.
October 8, 2026 | 09:52 am GMT+7
Singapore former national goalkeeper's food stall shutters after 6 years
Hassan Sunny, a former goalkeeper for the Singapore national football team, has closed his family-run food stall in the city-state, Dapur Hassan, after six years in operation.
October 7, 2026 | 03:52 pm GMT+7
Wife of Southeast Asia's richest man among 5 Vietnamese on Asia’s most powerful women list
Pham Thu Huong, wife of Southeast Asia's richest man Pham Nhat Vuong, and four other Vietnamese business leaders are featured on Fortune magazine's list of the 100 most powerful women in Asia.
October 7, 2026 | 11:43 am GMT+7
Singapore lender DBS's CEO Tan Su Shan named Asia's most powerful businesswoman
Tan Su Shan, CEO of Singapore's biggest lender DBS, has topped Fortune magazine’s 2026 “Most Powerful Women Asia” ranking, which features the region’s top business leaders.
October 7, 2026 | 06:40 am GMT+7
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