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Causeway Link’s Lim Han Weng: how a car salesman becomes one of Malaysia’s 50 richest
Lim Han Weng, the founder of bus operator Causeway Link, started out as a humble car salesman but eventually became one of 50 richest people in Malaysia with a net worth of US$480 million.
Grab to launch taxi service GrabCab in Singapore next month
Former German vice chancellor in Vietjet board of directors
How a maker of stun guns becomes US’ highest paid CEO
Rick Smith has become the highest-paid CEO in the U.S. thanks to last year’s US$165 million income from his stun gun manufacturing company Axon, which he founded after the tragic death of two friends.
June 4, 2025 | 12:19 pm GMT+7
Philippines orders Malaysia’s AirAsia to shut down website over excessive pricing
The Philippine government has ordered AirAsia’s online platform, AirAsia Move, to stop selling tickets in the country after it was found to be charging excessive fares.
June 4, 2025 | 06:11 am GMT+7
C.P. Vietnam admits diseased pork in viral image came from its site, denies sale
An image on social media showing diseased pigs was taken at one of its slaughterhouses, but it was never intended for human consumption, Thai-owned C.P. Vietnam Corp has said.
June 3, 2025 | 03:23 pm GMT+7
Nearly 2,000 formaldehyde-tainted Baby Three dolls destroyed in northern Vietnam
Authorities in the northern province of Quang Ninh have destroyed 1,914 Baby Three dolls found to contain formaldehyde levels exceeding permissible limits, posing health risks, and of unclear origin.
June 2, 2025 | 07:41 pm GMT+7
Which CEO surpasses Apple’s Tim Cook to top US pay list?
Rick Smith, CEO of public safety tech company Axon Enterprises, was the highest-earning CEO in the U.S. last year with a pay package of $164.5 million, surpassing Apple's Tim Cook and Netflix's Theodore A. Sarandos.
June 2, 2025 | 05:09 pm GMT+7
Nestlé sues Thai billionaire family Mahagitsiri for $18M compensation
Nestlé has initiated legal action against its former business partner – the Mahagitsiri family in Thailand – alleging infringement of the Nescafé trademark and seeking BHT577 million (US$18 million) in compensation.
June 2, 2025 | 04:48 pm GMT+7
Automaker Thaco to cover 20% of high-speed railroad $61B cost: chairman
Automaker Truong Hai Group Corp. (Thaco) will use its own money, including from selling stakes in subsidiaries, to part-fund the VND1.5-quadrillion (US$61 billion) North-South high-speed railroad, its chairman Tran Ba Duong said.
June 2, 2025 | 01:10 pm GMT+7
Malaysian farmers consider legal action to protect 2,400 ha durian farmland from new company’s takeover
Durian farmers in Malaysia’s Pahang state are preparing for a legal fight to protect farmland they say is being seized by a newly-established company without proper authority.
June 2, 2025 | 12:20 pm GMT+7
How Malaysia’s discount store boom minted its newest billionaire Lee Kar Whatt
Riding the wave of Malaysia’s budget store boom, Eco-Shop has grown into the country’s biggest IPO so far this year and turned its founder, Lee Kar Whatt, into its newest billionaire.
June 2, 2025 | 06:00 am GMT+7
Firms under pressure of rising costs amid trade uncertainty: HSBC survey
Vietnamese firms are facing steeper cost increases than the global average due to tariffs and trade uncertainty, according to HSBC's Global Trade Pulse 2025 survey.
June 1, 2025 | 07:50 am GMT+7
Thailand's largest bank bans foreign tourists from opening accounts in fraud crackdown
Bangkok Bank, Thailand's largest bank by assets, has stopped letting some foreign customers without long-term residency open accounts as part of a fraud crackdown, a policy shift that may affect visitors and some expats.
May 31, 2025 | 09:00 am GMT+7
Vietnam distributor of Pierre Cardin shoes buys Thai counterpart
Emall Vietnam, the distributor of shoes made by French luxury fashion house Pierre Cardin, has acquired the brand’s franchise in Thailand.
May 31, 2025 | 08:31 am GMT+7
Uniqlo's Singapore food T-shirts raise eyebrows for resemblance to local brand’s designs
Uniqlo’s recently launched T-shirt collection featuring iconic Singapore dishes has drawn scrutiny for its similarity to designs from a small local clothing brand.
May 30, 2025 | 04:55 pm GMT+7
Nestlé Milo ads show signs of ‘deceiving customers,’ say Vietnam health inspectors urging probe
Health inspectors in Dong Nai Province have found “signs” that Nestlé Milo is “deceiving customers” with its advertising for barley milk, and have asked the police to investigate.
May 30, 2025 | 04:06 pm GMT+7
Thousands of Rolex, Gucci fakes confiscated at Saigon Square mall
Market authorities have found thousands of apparent knockoffs of Rolex, Gucci, Chanel, and other luxury brands at Saigon Square, a popular mall in HCMC.
May 30, 2025 | 03:25 pm GMT+7
China’s largest online travel platform Trip.com eyes Vietnam expansion
The world’s third-largest online travel platform and China’s largest, Trip.com, wants to expand in Vietnam and make it one of its key Southeast Asian markets.
May 30, 2025 | 06:36 am GMT+7
Starbucks offers up to $360,000 for private jet pilot
Starbucks is hiring a private jet pilot with a salary range reaching up to US$360,300 annually, according to a recent job listing reported by Business Insider.
May 28, 2025 | 03:46 pm GMT+7
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