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'No grounds' to commute property tycoon Truong My Lan's death sentence: appeal court
There are no grounds to commute property tycoon Truong My Lan's death sentence for embezzlement, judges in an appeal court said Tuesday.
Truong My Lan’s death sentence appeal verdict to be announced today
Vietnamese woman’s journey of resilience makes her owner of 3 businesses in Australia
Grab Singapore apologizes for driver’s ‘S$5.7 ask Grab CEO to take you’ message
Grab Singapore has apologized after a driver rejected a passenger with a wheelchair and sent a text saying: “S$5.7 (US$4.24) ask Grab CEO to take you.”
December 2, 2024 | 01:38 am PT
Buyers lose interest in desert titanium iPhone 16 Pro 2 months after launch
Retailers are lowering the price of iPhone 16 Pro and Pro Max with the desert titanium color, which were out of stock almost immediately when they were launched two months ago.
December 1, 2024 | 07:07 pm PT
From business to philanthropy: The multifaceted legacy of Malaysia’s 6th richest billionaire Ananda Krishnan
As Ananda Krishnan—ranked as Malaysia’s sixth-richest person by Forbes with a net worth of US$5.1 billion—passed away, he left behind a legacy defined by his entrepreneurial prowess and philanthropic contributions.
December 1, 2024 | 03:09 pm PT
Lawmakers approve Vietnam Airlines’ $870M share issuance plan
Lawmakers have approved for state-owned carrier Vietnam Airlines to increase its charter capital by up to VND22 trillion (US$868 million) through selling new shares to existing shareholders.
December 1, 2024 | 01:21 am PT
Hanoi, HCMC malls packed on Black Friday
Shoppers in HCMC and Hanoi made a beeline for malls on Black Friday to avail some huge discounts.
November 29, 2024 | 07:48 pm PT
Vingroup moves closer to building 2nd EV plant in Vietnam
A Communist Party authority has ordered provincial officials to review Vingroup’s proposal to build its second electric automobile manufacturing plant in Vietnam at an estimated cost of VND7.3 trillion (US$288 million).
November 29, 2024 | 11:15 pm PT
Passengers through airports to reach 10.5 million during Lunar New Year 2025
Passenger numbers at airports during the 2025 Lunar New Year (Tet) holiday are expected to reach 10.5 million, up from 10 million during the previous Tet, according to an official from the Airports Corporation of Vietnam (ACV).
November 29, 2024 | 03:00 pm PT
Lamborghini cars, Chopard diamond ring: purchases by Singapore businessman in US$1.1B nickel trading scam
Lamborghini cars, a Chopard diamond ring, and prime real estate are among the extravagant items bought by a Singaporean businessman who is on trial for allegedly defrauding SGD 1.5 billion (US$1.1 billion).
November 29, 2024 | 04:43 am PT
Samsung devices locked as Vietnamese users fall for update scam
Vietnamese Samsung users are reporting that their smartphones have been locked after they fell victim to a scam disguised as a software update.
November 29, 2024 | 04:42 am PT
Story of Malaysia’s 6th richest man Ananda Krishnan’s only son: From billionaire heir to Buddhist monk
Ven Ajahn Siripanyo—the only son of Malaysian billionaire Ananda Krishnan—is renowned for renouncing a life of luxury to become a monk, having connections to the Thai royal family, and speaking eight languages.
November 28, 2024 | 09:04 pm PT
Singapore businessman tried for $1.1B investment scam, spent proceeds on Porsche, Rolls-Royce cars
A Singaporean businessman is being tried for allegedly swindling SGD1.5 billion (US$1.1 billion) from more than 900 investors and spending one-third of the amount on Porsche and Rolls-Royce cars, among other luxury assets.
November 28, 2024 | 07:56 pm PT
Only son of Malaysia’s 6th richest billionaire Ananda Krishnan forgoes inheritance to become monk
Ven Ajahn Siripanyo, the only son of Malaysian billionaire Ananda Krishnan, chose to forgo an inheritance from his father’s net worth of US$5.1 billion in order to become a monk.
November 28, 2024 | 03:21 pm PT
Japan richest man Tadashi Yanai’s journey to transform Uniqlo into global fashion empire
Tadashi Yanai, founder of clothing retailer Uniqlo and Japan’s richest man with a net worth of US$47.1 billion, turned his family’s small store into a global fashion empire.
November 28, 2024 | 03:20 pm PT
Malaysia's 6th-richest billionaire Ananda Krishnan dies
Malaysian billionaire Ananda Krishnan, whose business interests ranged from oil and gas to telecommunications, has died at the age of 86, his private investment company said.
November 28, 2024 | 02:10 am PT
82% of companies plan salary hike in 2025: survey
Up to 82% of companies in Vietnam that joined a survey by recruitment consultancy Robert Walters said that they have plans to raise salary in 2025.
November 28, 2024 | 12:38 am PT
Saigon Commercial Bank pulls plug on online money transfer
Saigon Commercial Bank, which has been embroiled in a lawsuit against property mogul Truong My Lan, will stop offering money transfer services on its website from Dec. 12.
November 26, 2024 | 08:39 pm PT
Starbucks employees to receive 60% bonus amid firm’s worst year since 2020
Many corporate workers at U.S. coffee chain Starbucks will get just 60% of their total bonuses for the 2024 fiscal year amid the company’s first annual sales decline since 2020.
November 26, 2024 | 08:06 pm PT
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