Asean Business

“If you’re determined to be independent, you need to have a more diversified revenue base, customer base and everything else,” says Ho Kwon Ping, founder and executive chairman, Banyan Group.
THE LEADERSHIP PLAYBOOK

‘We survived to 100’: Ho Kwon Ping on Banyan Group’s homecoming with Mandai resort

It is looking at potential conversions under its Dhawa brand in Singapore and acquisitions of small management companies

State-owned commercial banks, which hold the largest market share and play a critical role in funding large public projects, face greater pressure to raise capital, say analysts.

Credit boom, rule shifts fire up Vietnam banks’ capital-raising sprint

High system leverage, however, may leave them vulnerable to economic shocks, say analysts

As personal data protection rules vary across Asean, businesses face higher costs and greater legal risk when navigating these compliance requirements.

Making cross-border data flow easier for Asean businesses

The ability to move personal data safely across countries is critical to how seamlessly economies connect

A Grab-GoTo merger, along with a successful IPO for Superbank, could chart a clearer path towards profitability for the Grab-backed lender.

Grab-GoTo merger could be ‘colossal’ for Indonesia’s fintech hopefuls, say analysts

Merging the superapp giants could change not only the face of South-east Asia’s ride-hailing market, but also its digital lending space

Together, the "Vin trio" make up more than a fifth of the Ho Chi Minh City Stock Exchange’s total market capitalisation.

Vietnam’s stock-market rally has one name behind it

Vingroup and its two listed offshoots are behind much of the VN-Index’s 36% gain this year

Singapore's purchasing managers' index rose to 50.2 in November, the highest level in eight months.

Singapore factory activity rises in November amid mixed regional performance

The S&P Global Asean Manufacturing PMI hits the third-highest print on record, while East Asian economies remain in contraction territory

Ho Chi Minh is listed among the 15 financial centres likely to become more significant over the next two to three years, according to Global Financial Centres Index 38.

Crypto players find safe haven in Vietnam’s dual-city IFC

Global giants such as Binance, Bybit and Tether are converging on Ho Chi Minh City and Da Nang, where fintech sandboxes are being rolled out

Since taking over from his father in the mid-2000s, Active Group president and chief executive officer Antonio Turalba Jr has sought to maintain the legacy his parents built in the company’s quest for value.
BEHIND THE NAME

Inside Asia’s family empires: Philippines’ Active Group builds its name on quality, not quantity

For more than 50 years, the developer has thrived by staying true to its vision

Jho Low (left) and Chen Zhi pulled off colossal financial crimes because the system was flawed.
THINKING ALOUD

Jho Low, Chen Zhi: Two fugitives, two ecosystems

These high-profile frauds expose an uneasy truth about financial oversight in South-east Asia