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Top 5 billionaire gainers enjoy $540B added wealth in 2024
The top five billionaires with biggest net worth gain this year are all American tech tycoons who saw their wealth adding a combined $540 billion since the beginning of January.
Additional assets worth $3.9M seized in Vietnam’s biggest stock fraud
Vietnam receives $16B in remittances in 2024
Former Facebook Vietnam exec’s startup sued for non-payment of $275,000 debt
A startup founded by ex-Facebook Vietnam director Le Diep Kieu Trang that made 3D-printed bicycles has been ordered by a court to pay up a VND7 billion (US$275,100) debt.
December 26, 2024 | 11:34 pm PT
Retailer Bach Hoa Xanh recalls mung bean sprouts containing hazardous substance
Bach Hoa Xanh, a major food retailer in the central and southern Vietnam, has recalled all mung bean sprouts containing a dangerous substance from its outlets in a central highlands town.
December 26, 2024 | 09:13 pm PT
How Thailand's Chearavanont family became one of world's richest
The Chearavanont family started a store selling seeds in Bangkok, Thailand, a century ago and is now one of the wealthiest families globally with a net worth of US$44.1 billion.
December 26, 2024 | 03:09 pm PT
Starbucks eyes new flagship HCMC location with $39,000 monthly rent
Starbucks has chosen the iconic Bitexco building in downtown HCMC for its new flagship store in the city, where rents are estimated at VND980 million (US$39,000) per month.
December 26, 2024 | 03:09 pm PT
Earnings decline at Highlands Coffee, Vietnam's largest cafe chain, in Q3
Highlands Coffee, Vietnam's largest cafe chain, reported earnings of PHP569 million (US$10 million) for the third quarter, down 5% year-on-year.
December 25, 2024 | 10:03 pm PT
Singapore billionaire investigated for alleged money laundering, other financial crimes
A Singaporean billionaire is being investigated by Bangladesh authorities for alleged financial crimes, including money laundering.
December 25, 2024 | 10:02 pm PT
Taiwan blocks Uber's $950M Foodpanda deal over competition concerns
Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday.
December 25, 2024 | 10:02 pm PT
Air tickets from HCMC fully booked for Tet holiday
Flight tickets for many routes from HCMC to northern and central provinces or cities for the upcoming Tet (Lunar New Year) holiday have sold out.
December 25, 2024 | 01:08 am PT
Hong Kong actor Kent Cheng discloses $2.2M debt, necessitating car and home sale
Actor Kent Cheng disclosed that he once incurred a debt of HK$17 million (US$2.19 million), which compelled him to sell his possessions, including his car and home.
December 25, 2024 | 12:14 am PT
Two new ride-hailing platforms set to launch in Singapore in 2025
Two ride-hailing platforms, namely Geolah and Trans-cab Services, will begin operations in Singapore next year.
December 24, 2024 | 09:26 pm PT
Grab, Gojek to hike fees in Singapore by up to 37 cents
Ride-hailing operators Grab, Gojek, TADA and CDG Zig in Singapore will hike their platform fees by up to 50 Singapore cents (37 U.S. cents) starting Jan. 1, 2025.
December 24, 2024 | 08:37 pm PT
L'Oreal acquires South Korea's Dr.G in skincare deal with Migros
French cosmetics giant L'Oreal said on Monday it had agreed to buy Gowoonsesang Cosmetics, which includes South Korean skincare brand Dr.G., from Swiss retailer Migros.
December 24, 2024 | 03:26 pm PT
Netflix removes only ‘unscripted’ contents in Vietnam
Netflix has removed only “unscripted” titles for its users in Vietnam to comply with local laws after a watchdog demanded it to distribute only film-related contents.
December 24, 2024 | 01:07 am PT
Malaysia Airlines grounds new Airbus aircraft
Malaysia Airlines has grounded its new Airbus A330neo days after its maiden flight due to technical issues which are being resolved by the manufacturers.
December 24, 2024 | 01:07 am PT
CEO of Giang Dien Tourism company arrested for defrauding 1,200 land buyers
Le Van Tuan, 40, CEO of Giang Dien Tourism company, and four of his former executives have been arrested for allegedly selling land to over 1,200 people without a license.
December 23, 2024 | 08:55 pm PT
No entertainment shows, only movies for Netflix in Vietnam
Starting Monday Netflix will remove all entertainment and reality shows from its platform in Vietnam and only distribute film-related content to comply with local laws.
December 22, 2024 | 06:49 pm PT
Vietnam's high-end fashion targets Chinese market
An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
December 21, 2024 | 11:36 pm PT
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