Paris Man Wins $1.2 Million Picasso Painting in Charity Raffle
A Parisian software salesman entered a charity raffle and walked away with a piece of history: “I have some paintings, but they don’t look like Picasso’s.”
An Audacious $724 Million Building Reinvents LACMA
After two decades in development, the David Geffen Gallery will offer an unconventional approach to art history and cement the legacy of director Michael Govan.
Thai Billionaire Charoen Sirivadhanabhakdi’s Frasers Property, Partner Offer Top Bid Of $479 Million For Singapore Residential Site
Approximately 470 homes can be built on a 11,456.3 sq m (123,315 sq ft) site along the Kallang River overlooking the iconic Singapore National Stadium.
Indian Billionaire Azim Premji’s Wipro Buys Singapore-Based Olam’s IT Business For $375 Million
After the acquisition is completed, Wipro, the Indian technology giant founded by billionaire Azim Premji, will provide IT services worth US$800 million to Singapore’s Olam Group for eight years.
Hong Kong Property Tycoon Peter Lee Leads $300 Million Round In U.S. Battery Startup
Peter Li, co-chairman of Henderson Land and Towngas. Jocelyn Tam, Forbes Asia Peter Lee, co-chairman of Hong Kong real estate transformation energy group Henderson Land, has led a $300 million Series B
Jollibee Founder-Backed Hotel101 To Raise $300 Million To Bankroll Global Expansion
DoubleDragon Group Chairman Edgar Sia II and Co-Chairman Tony Tan Caktiong attended the 2023 groundbreaking ceremony for Niseko Hotel 101 in Hokkaido, Japan. Provided by Ssangyong Hotel101 Global, a subsidiary of DoubleDragon,
Philippine Gokongwei Family To Buyout Robinsons Retail In Deal Valuing Company At $850 Million
Philippine tycoon Lance Gokongwei and his family are paying a 32% premium to acquire minority shareholders in Robinsons Retail, which owns one of the country’s largest chains of supermarkets, pharmacies and department
Grab Buys Foodpanda Operations In Taiwan For $600 Million
Grab has more than 50 million monthly active users in eight Southeast Asian countries and has been expanding its footprint after hitting $200 million in net profit in 2025, its first annual
Hongkong Land Buys $422 Million Stake In Suntec REIT, Betting On Singapore Property Boom
Suntec REIT’s portfolio includes stakes in large commercial properties in Singapore’s central business district, such as Marina Bay Financial Center and One Raffles Quay.
Malaysian Billionaire Syed Mokthar Albukhary-Backed $765 Million LNG Facility Approved
The LNG facility is part of a US$3.7 billion integrated development in Pulau Bunting in the northwest Malaysian state of Kedah, which includes a power plant and an LNG terminal. The project
Christie’s $94.5 Million Jim Irsay Sale Sets 28 Records and shakes up Memorabilia Market
For a few days in March, Christie’s Rockefeller Center galleries felt less like an auction house and more like a public exhibition of 20th-century mythology. Fans came to see up close Kurt
Philippine SEC Approves Listing Of Tycoon Lucio Tan’s PNB Property Arm At $944 Million Valuation
PNB Holdings is preparing to go public despite growing geopolitical tensions that have hammered global markets, with the Philippines’ benchmark stock index down nearly 9% this month.
Why Did Trump Officials Award $2 Million to a Small Art School in Queens?
The National Endowment for the Humanities rarely awards seven-figure grants. Now the big prizes go to carefully selected projects, including one with three full-time employees.
Chirathivat Family’s Central Retail Spending Up To $560 Million To Expand In Thailand, Vietnam
Central Retail has been focusing on the domestic market after selling Italian department store chain Rinascente for $296 million to the Chirathivat family, whose privately held Central Group has been expanding in
How Damson Madder’s Emma Hill Built a £31 Million Business in 5 Years
It’s hard to reconcile becoming a more responsible brand with reaching Damson Madder’s current level of scale, but Hill has appointed a sustainability director to help her achieve the brand’s responsibility goals.
Billionaire Cousins’ Group Offers Top Bid Of $513.5 Million For Singapore Residential Plot
Guocoland, controlled by Malaysian billionaire Quek Leng Chan, and its partners are looking to replenish their land bank to cope with strong demand for homes in Singapore, one of the world’s most
Thai Billionaire Dhanin Chearavanont’s CP Axtra To Buy Malaysian Grocery Chain For $420 Million
The proposed acquisition comes as CP Axtra, owned by billionaire Dhanin Chearavanont, seeks to expand its retail presence in Southeast Asia.
Malaysian Billionaire Jeffrey Cheah’s Sunway Healthcare To Raise $736 Million From IPO
Sunway Medical Center is located in Ipoh, north of Kuala Lumpur. Provided by Sunway Healthcare Sunway Healthcare Holdings——Malaysian billionaire’s unit Jeffrey Xie’s Sunway Group raised 2.9 billion ringgit ($736 million) in an
Thai Billionaire Charoen’s Sirivadhanabhakdi’s Frasers Property Buys Part Of Singapore Mall In $310 Million Deal
Centrepoint Shopping Center is located on Orchard Road, Singapore’s main shopping district. Provided by Frasers Property Frasers Property—Controlled by Thai billionaires Charun Sirivadanapathy— Purchased part of a prime shopping mall in Singapore
Thailand’s Chearavanont Family’s CP Axtra Plans $578 Million Retail Expansion Across Southeast Asia
CP Axtra plans to open a total of 110 stores in Thailand, Malaysia and the Philippines, where it has partnered with Ayala Corp., the country’s oldest conglomerate.
China Adds $500 Million In Cash To The Fortune Of Andrew Forrest
Andrew Forrest and his family are key beneficiaries of higher profits and increased dividends from Fortescue and Australian iron ore mining companies
Thailand’s Chirathivat Family’s CP Axtra Plans $578 Million Retail Expansion Across Southeast Asia
The Chirathivat family’s Central Group has been expanding in Southeast Asia and Europe. It holds a controlling stake in iconic British department store Selfridges Group.
Thailand’s Berli Jucker Buying Billionaire Owner Charoen Sirivadhanabhakdi’s Vietnam Venture For $720 Million
The acquisition of MM Mega Market Vietnam comes as billionaire Charoen Sirivadhanabhakdi seeks to streamline his business empire. In 2024, his Singapore-listed flagship Thai Beverage Co., maker of Chang beer, sold its
Over 4.7 million Lao citizens to vote in national, provincial elections
February 16, 2026 Vientiane – A total of 4,764,384 citizens are eligible to vote in the elections for members of the 10th National Assembly and the 5th Provincial People’s Assembly held nationwide