Forbes Asia
Hong Kong’s 50 Richest 2024: Collective Wealth Slumps In A Gloomy Property And Trade Landscape
With a 28% stock market decline, the combined fortune of Hong Kong’s wealthiest fell 9% to $296 billion.
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200 Best Under A Billion 2024
The annual Best Under A Billion list highlights 200 best-performing publicly listed small and midsized companies in the Asia-Pacific with revenue under $1 billion.
Indonesian Paints Billionaire Uncorks His Bottled Water Ambitions
As his bottled water company Sariguna Primatirta racks up double-digit growth, Hermanto Tanoko is aiming for a bigger share in a market awash with rivals.
How Japan’s Youngest Billionaire Shunsaku Sagami Uses AI To Disrupt M&A Brokering
Shunsaku Sagami, founder and CEO of Tokyo-listed M&A Research Institute, leveraged AI to give his M&A business a competitive edge. Now the 33-year-old is looking to replicate the success abroad.
Inside $1.3 Billion Plan To Rebuild Storied Thai Luxury Hotel Brand
The founder of hotel brand Dusit Thani hosted soirees with such celebrities as Rod Stewart and Stevie Wonder. Now the first non-family CEO is taking it to new heights.
Thailand’s Erawan Group Targets Cost-Conscious Travelers With Big Push Into Budget Hotels
The Erawan Group, best known for the landmark Grand Hyatt Erawan hotel, located adjacent to the Erawan shrine in central Bangkok, is expanding beyond its luxury roots by doubling down on budget accommodation.
Once Plagued By Pork Smuggling, Thai Swine Producer Sees Profit In Store Expansion
Battered by pork smuggling and high feed costs, Winai Teawsomboonkij’s Thaifoods Group reported a net loss of 813 million baht ($22 million) last year, its first since 2015, as swine prices fell by nearly a third.
Hard-Charging CEO Of Bangkok-Listed Industrial Estate Developer Bets $1 Billion On Vietnam
Jareeporn Jarukornsakul, cofounder of logistics and warehousing firm WHA Corporation, is betting $1 billion on neighboring Vietnam, with plans to build three new next-generation industrial zones for high-tech companies over the next five years.
Thai Tycoon Drives Online Sales Of Southeast Asia’s Biggest Wholesale Food Market
Retail magnate Pradit Phataraprasit, a former deputy finance minister of Thailand, draws the bulk of his family’s wealth of $1.22 billion from the Mall Group, operator of Bangkok’s shopping hotspots such as Siam Paragon, Emporium and the gigantic, 200,000-square-meter Emsphere Mall, which opened in December.
Thailand’s Retailing Giant Central Group Grows Its European Footprint
Since entering Europe more than a decade ago, retailing giant Central Group, controlled by the Chirathivat family, has built a sizable presence with a string of iconic acquisitions.