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.
Philanthropists from Southeast Asia–Indonesia, Malaysia, the Philippines, Singapore and Thailand–are building universities, developing youth basketball teams in remote communities and helping with flood relief. more
I was a contributor to this annual philanthropy issue of Forbes Asia.
As discount deal websites explode in the region, a Thai company shows how it’s done.
Deep-discount deal sites have been surging throughout the United States and Europe for almost three years, but they were late off the starting blocks in Southeast Asia – arriving only in mid 2010. Since then, they have moved and morphed, bought and sold themselves.
In June 2010, when Tom Srivorakul and his two younger brothers launched Ensogo, the first deal website in Thailand, they employed five people and had a single offer: a 60% discount at ice cream chain iBerry.
A year later, when Ensogo was bought for an undisclosed sum by LivingSocial–the second-largest US deal company with a monthly revenue of $50m as of the start of this year–the start-up had 430 employees, 17 city sites in Thailand, the Philippines and Indonesia and more than two million subscribers to its daily discount deal e-letter … MORE
The king of Thailand controls vast wealth. Just how vast wasn’t clear, until some sleuthing by a Bangkok academic and some new openness by the monarchy’s investment arm.
The Thai monarchy’s family fortune has always been shrouded in secrecy. Last year FORBES ASIA valued it at a conservative $5 billion. Other estimates have put it at $8 billion. But this year–using an exhaustive academic study of the monarchy’s investment arm, the Crown Property Bureau–FORBES ASIA now values the fortune at … more
Americans and Europeans may be iPod-crazy, but Asians don’t see the point. Armed with the world’s most sophisticated mobile technology, music lovers in Japan and South Korea prefer to simply download songs from their cellular company directly into their phones … more