* Rocket’s Asian Ups and Downs

Philippine Long-Distance Telephone’s 8.6% stake in Rocket Internet is a no-brainer: Telecom and Internet giant PLDT is a pioneer in online and mobile payments, and Rocket’s own payment system, Payleven, quickly foundered in 2012 when the first Rocket e-commerce sites were being established in Asia.

For many poorer residents the cheap smartphones now flooding into the far reaches of East and South Asia will mean their first access to the Internet, and mobile wallets will make them more likely to become online buyers. As it is now, Rocket’s six Amazon-like general shopping sites in Southeast Asia (called Lazada) as well as its nine Zappos-like apparel sites (Zalora in Southeast Asia and Hong Kong, and Jabong in India) offer the option of … MORE

* 48 Heroes of Philanthropy – 2014

By John Koppisch
Forbes Asia

For the eighth straight year we spotlight notable philanthropists in the Asia-Pacific region, especially those who made news in the past year by launching new and innovative projects. The 48-member honor roll ranges from billionaires with expansive visions of how best to help society to less well-known business people whose generosity is also leaving a huge mark.

Our goal is not to rank the biggest givers–the figures would be impossible to collect. Instead we aim to call attention to people and causes. We try to identify a new group of altruists each year, though several people here are returning to the list because of an important donation or project announced since a year ago. MORE

I contributed to this annual list of Asian givers.

* Pete Bodharamik Goes Big on Broadband

Forbes Asia July 2013 Richest Thais

Jasmine’s Pete Bodharamik

By Susan J. Cunningham
Forbes Asia

Five years ago Pete Bodharamik was a 35-year-old with a big challenge. He had just taken over as chief executive of Jasmine International, the telecom holding company his father had started back in 1982. It was going through rough times, emerging from years in bankruptcy court after his father had diversified madly on borrowed money in the 1990s.

One of Jasmine’s biggest assets, a 30% share of fixed-line operator TT&T, was in bankruptcy itself. And expectations weren’t high that Pete was the one to turn things around. He had held what he calls a “small job” at Jasmine for a few years, dabbling (and losing) in the dot-com boom, before leaving in 2003. “It was surprising,” one equity analyst recalls. “To many observers he was just a rich boy with a big inheritance. No one thought him capable of cleaning up his dad’s mess.” MORE

* Thai Beverage Man Tan Passakornnatee Is On a Mission

By Susan J. Cunningham
Forbes Asia

April 15, 2013

As he clowns around for a photo shoot in front of the giant fiberglass animals adorning his restaurant compound off of tony Thonglor Road, Tan Passakornnatee is sporting vivid yellow pants and a polka-dot shirt, his customary style for addressing college students or business groups.

When he’s in an even more casual mood, he wears T-shirts with the image of a pig (he was born in the year of the pig). But either way he always dons a captain’s hat–not least when he flies amid tall buildings wearing a caped costume in the commercials for his company’s current promotion. The tubby superhero “Tan Man” is on his way to change the lives of 60 people–one a day for 60 days–who are about to win 1 million baht ($33,000). As consolation prizes, he’s also giving away … MORE

* 48 Heroes Of Philanthropy – 2013

By John Koppisch
Forbes Asia

This is our seventh annual project highlighting the generous and often innovative efforts of the Asia-Pacific region’s most notable givers. We feature biotech entrepreneur Kiran Mazumdar-Shaw, who’s working to improve cancer care in India. And, below, we spotlight the 2013 crop of 48 leading philanthropists in the region. MORE

I contributed to this annual issue of Forbes Asia.

* Thai Union Frozen is the Big Kahuna of Tuna

By Susan J. Cunningham
Forbes Asia 

Thailand has long boasted a seafood superpower. Now second-generation leader Thiraphong Chansiri has made Thai Union Frozen truly global.

Last year, when the world’s largest tuna exporter announced it was buying 143-year-old John West and three other venerable European seafood brands in an $883 million deal, few Europeans had heard of Thai Union Frozen. “In fact, very few Thai people would know our company,” says Thai Union President Thiraphong Chansiri.

“It’s our culture, our personality. We never paid much attention to the press.” For years it was primarily a contract producer for international brands, and it still draws more than 90% of its revenue from overseas, so it was enough to be respected by investors, analysts and heavyweight customers in the U.S. and Japan, he says.

That’s changed under the 46-year-old Thiraphong, the eldest son of a cofounder and the face of a company that never needed a face before. Thai Union has wholly owned the third most popular US tuna brand, Chicken of the Sea, since 2000. Now, with the purchase of John West, France’s Hyacinthe Parmentier and … MORE

For those that persist to the end, I’m not responsible for the many Thai companies that “floundered” in 1997; they foundered, of course.