Private screening of Taj Mahal: An Eternal Love Story to be held in Indonesia
An international publicity campaign for Akbar Khan’s ‘Taj Mahal: An Eternal Love Story’ has been crafted for its first overseas release, introduced one country at...
Southeast Asia
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Leo KoGuan’s $6.7 billion net worth: Check out the earnings of one of Singapore’s richest
From SHI International to Tesla, discover how the Singapore-based investor built his fortune and became one of the wealthiest figures in the tech world.
Kwee Brothers Net Worth: Check out the $6.8 billion fortune of this Singapore real estate powerhouse
From luxury hotels to iconic office spaces, the Kwee brothers have built an impressive real estate empire in Singapore and beyond, combining innovation, sustainability, and world-class design to shape the future of urban living.
Khoo Family Net Worth: Check out the $9.2 billion fortune of this Singapore real estate dynasty
The Khoo family’s fortune grew from banking pioneer Khoo Teck Puat's early ventures into what is now a sprawling real estate empire. With high-profile investments in prime Singaporean properties and a lasting impact on the city-state’s financial landscape, the family remains one of the most influential and wealthiest in Singapore.
Goh Cheng Liang – The Singaporean tycoon behind a manufacturing empire with a $10.4 billion net worth
From humble beginnings to one of Asia’s wealthiest, Goh Cheng Liang transformed a small paint shop in Singapore into a global powerhouse, making his name among the top billionaires in the manufacturing industry
Kwek Leng Beng & Family: The real estate moguls in Singapore with an $11.5 billion net worth in 2024
From Singapore to global luxury properties, Kwek Leng Beng and his family have built a real estate empire spanning hotels, residences, and commercial developments across the world.
Li Xiting: The top healthcare billionaire in Singapore with a $13.4 billion net worth in 2024
As the Founder and Chairman of Mindray Bio-Medical Electronics, Li Xiting has revolutionized the global healthcare industry through cutting-edge medical devices and innovation, amassing a $13.4 billion fortune while expanding access to life-saving technologies worldwide
Robert & Philip Ng: The top real estate moguls in Singapore with a $14.4 billion fortune
With a combined net worth of $14.4 billion in 2024, Robert and Philip Ng stand at the forefront of Singapore's real estate sector. As the leaders of Far East Organization, the brothers have developed some of the city’s most iconic properties while expanding their influence internationally, cementing their legacy as top players in the global real estate market.
Eduardo Saverin: The top tech billionaire in Singapore with a $29 billion net worth in 2024
Eduardo Saverin’s $29 billion fortune makes him Singapore’s wealthiest individual in 2024. His transition from Facebook co-founder to tech investor has established him as a dominant figure in the global venture capital scene, driving innovation and growth across multiple industries.
Top 10 wealthiest businessmen in Singapore: Titans of industry dominating in 2024
From tech giants to real estate moguls, these billionaires have built global empires that influence markets far beyond Singapore’s shores. Here's a look at the top 10 wealthiest businessmen who are defining success in the Lion City today.
Indonesia’s central bank surprises markets with rate cut ahead of Fed
With the Fed expected to consider its own rate adjustments, BI’s proactive approach could be interpreted as an effort to differentiate Indonesia's monetary policy and mitigate capital outflows that often accompany tightening in the U.S.
SK Group donates $300,000 to support Typhoon relief efforts in Vietnam
SK Group's role will be directed toward providing essential supplies such as food, clean water, and medical assistance to affected families.
Singapore to welcome 3,500 new centi-millionaires amid housing market challenges
However, the housing market in Singapore faces significant challenges. New home sales are projected to reach their lowest levels since the financial crisis, with only 208 units sold in August 2024—representing a staggering 47% decline from the previous year. This downturn is attributed to a combination of high interest rates, a dearth of new housing projects, and developers' hesitance to lower prices despite rising home values. Market analysts are revising forecasts downward, indicating an overall decrease in total sales for 2024.
Indonesia’s parliamentary body approves increased spending for incoming government
The decision, made on Monday, reflects the government’s commitment to addressing pressing economic and social issues as it prepares to assume office.
Singapore overhauls stock market and faces tiktok tensions
Singapore’s housing market is also experiencing notable shifts. New home sales plunged to 208 units in August, a sharp drop from both the previous month and the same period last year. This decline is attributed to a scarcity of new residential projects and developer caution amid high interest rates. Despite this, home prices have remained stable, particularly in the secondary market. Developers are expected to launch more units later this year, but face increasing concerns about government measures and housing affordability.
Singapore plans major reforms to boost stock market
One of the central elements of the reform package is the introduction of more flexible listing rules aimed at encouraging technology and high-growth companies to go public in Singapore. This move is intended to diversify the market and attract a broader range of investors. Additionally, the government is looking into adjustments in tax policies and corporate governance practices to make the market more competitive on a global scale.
Pope Francis reflects on Singapore and the Asia-Pacific trip during flight home
The press conference took place mid-flight on the Airbus A350-900, approximately 10 kilometers above ground. The atmosphere on the plane was charged with activity as Vatican-accredited media personnel prepared for the session, deploying audio equipment to ensure clear communication despite the aircraft’s noise.