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ASEAN Business

Middle East oil shocks send S-E Asia scrambling for alternatives, but cleaner mix is no easy choice

The crisis may be a catalyst – or obstacle – for the region’s renewable energy transition goals

FILE PHOTO: Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo
ASEAN Business
BEHIND THE NAME

From plastics to property, Malaysia’s Mah Sing builds its business empire on ‘trust capital’

As Mah Sing grows beyond its founder-led roots, Lionel Leong and his sisters are focused on raising standards

For Lionel Leong, deputy group CEO and executive director of Mah Sing, the challenge of second-generation leadership is defined not by outworking others, but by earning credibility through results: "You have to let your work speak".
ASEAN Business

Iran war brings fuel risk to Indonesia ahead of Eid travel surge

As South-east Asia’s largest economy, Indonesia is the biggest importer of oil products in the region

A drone view shows traffic during evening rush hours in Jakarta, Indonesia, February 3, 2026. REUTERS/Willy Kurniawan
ASEAN Business

The price isn’t right: Oil spike fuels risks in South-east Asia’s tech scene

RISING oil prices triggered by the ongoing war in the Middle East could quickly drive up operating costs within South-east Asia’s tech...

***Budget 预算案 2025 DO NOT USE BEFORE 18 FEBRUARY 2025***
CMG20250105-Darwis01 / Budget2025 预算案2025拍摄 [Bukit Batok]
Tag: Grab, food delivery, foodpanda, economy, freelance, cpf
ASEAN Business

Malaysia’s IJM board recommends rejection of Sunway’s ‘not fair and not reasonable’ takeover offer

Independent adviser M&A Securities says the offer price represents a 46.1-51.4% discount to IJM shares’ estimated value

Report said two IJM officials had been identified by the anti graft agency as persons of interest, although both were currently overseas.