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Angelica Ang

Angelica Ang

Fortune

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China is becoming a ‘factory to the factories,’ powering global manufacturing in places like Southeast Asia even as U.S. trade declines

China stepped up to diversify its trading partners, and mostly with emerging economies,” says McKinsey's Jeongmin Seong.

previous day 10

Fortune

Angelica Ang

Sunway Healthcare surges in first trading day, with hospital demand set to rise in a wealthier and older Malaysia

Malaysia has a rapidly aging population, with 14.5% of its population set to be 65 and older by 2040.

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Fortune

Angelica Ang

Trump suggests postponing his key meeting with Xi Jinping by ‘a month or so,’ as Iran overtakes China on the U.S.’s agenda

Analysts say the U.S. President’s decision appears driven by the Iran conflict, and a need to manage the fallout in energy markets.

17.03.2026 10

Fortune

Angelica Ang

Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs

China calls the two new probes a "typical protectionist act." Malaysia said its U.S. trade deal was now "null and void."

16.03.2026 10

Fortune

Angelica Ang

How the Iran war cuts off Southeast Asia’s tourism industry

Travel experts now fear that countries like Thailand, Cambodia and Indonesia may soon see a dip in tourists.

13.03.2026 7

Fortune

Angelica Ang

Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war

The energy crunch is forcing governments to adopt extreme measures to save fuel; in Thailand, government employees are being asked to take the stairs.

11.03.2026 5

Fortune

Angelica Ang

Beijing’s dominance in rare earth processing leaves others scrambling to close the gap: ‘China is the leader, and the U.S. is far behind’

China accounts for roughly 70% of global rare earth production, but it is the country’s dominance in processing that gives Beijing real leverage.

11.03.2026 10

Fortune

Angelica Ang

The ‘Singapore-washing’ strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots

“Singapore-washing is only credible and effective for companies which fully cut off their operational ties to China," one expert said.

09.03.2026 4

Fortune

Angelica Ang

Oil worries and Iran war hammer Asian stocks, with Korea’s KOSPI taking the biggest hit

Still, analysts see the selling as a "knee-jerk risk-off market reaction."

09.03.2026 10

Fortune

Angelica Ang

Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles

Asian countries like China, Korea and Japan have tried to diversify their energy imports, yet they still depend on oil and gas from the Middle East.

05.03.2026 0

Fortune

Angelica Ang

Sea doubles annual earnings, yet profitability worries drag shares down in worst drop in 2 years

Fintech division Monee was the company’s fastest-growing division, posting 60% growth over 2025.

04.03.2026 20

Fortune

Angelica Ang

Asia’s founders are spending more money on AI tools, with use of some coding tools rising by more than four times

Spending on AI tools by founders rose 20% last year, according to Aspire, a Singapore-based fintech firm.

03.03.2026 20

Fortune

Angelica Ang

Asian aviation stocks plunge as Iran conflict forces airlines to cancel flights over Middle Eastern airspace

Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.

02.03.2026 10

Fortune

Angelica Ang

ComfortDelGro considers bringing self-driving vehicles to London as the Singapore transit operator reports record $4 billion revenue

ComfortDelGro is partnering with Chinese robotaxi firm Pony AI on pilot programs in Guangzhou, China and Singapore.

27.02.2026 10

Fortune

Angelica Ang

Seatrium doubles its net profit on the back of a global energy boom

Seatrium shares rose by 3.6% after the release of its earnings, which showed a 24% increase in revenue and a 106% increase in net income.

26.02.2026 10

Fortune

Angelica Ang

Singapore’s Singtel partners with Nvidia to build a research lab for companies that care about data sovereignty

Singtel is leaning into its AI and data center business as its mobile services business faces more competition.

24.02.2026 10

Fortune

Angelica Ang

DBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region’s lack of capital

The partnership launches with a new $110 million fund, exclusively for DBS's wealth clients, that targets IPO-stage AI and tech startups in the...

23.02.2026 20

Fortune

Angelica Ang

Asia’s next generation, globally-educated and financially-literate, are taking control of their wealth

Rich young Asians want to "call the shots" when it comes to their finances, says Maybank's head of wealth management Alice Tan.

15.02.2026 20

Fortune

Angelica Ang

Why Singapore’s prime minister gave DBS and Grab a shout-out during the country’s budget speech

Lawerence Wong called on Singapore's companies to adopt AI “comprehensively”, and described DBS and Grab as firms "moving decisively on AI...

13.02.2026 8

Fortune

Angelica Ang

Chinese platforms like Xiaohongshu look to Southeast Asia as the U.S. applies more scrutiny

In 2025, China’s trade surplus from digital services jumped to a record high of $33 billion, according to data from the State Administration of...

12.02.2026 2

Fortune

Angelica Ang

Asia’s young, tech-savvy population will power the region’s growth: AIIB chief investment officer Kim-See Lim

The Beijing-based multilateral development bank is targeting sustainable infrastructure projects across Southeast Asia, particularly in energy and...

10.02.2026 3

Fortune

Angelica Ang

France’s Thales ‘extensively’ ramps up production to meet a global boom in defense spending, says international CEO Pascale Sourisse

Defense spending is “growing everywhere," Sourisse said, noting that Thales has quadrupled production of radars to meet new demand for aerial...

10.02.2026 6

Fortune

Angelica Ang

Singapore’s ST Engineering debuts the AirFish: A ‘ground effect’ craft that flies a few meters above the sea at up to 116 miles per hour

The AirFish isn't quite a boat, or a plane; instead, it harnesses the ground effect to reduce drag as it flies from Singapore to Batam in just 25...

09.02.2026 40

Fortune

Angelica Ang

Developer Hongkong Land launches a $6.5B Singapore real estate fund, the country’s largest, as part of CEO Michael Smith’s strategic pivot

The new fund has the Qatar Investment Authority as a key investor, as Hongkong Land focuses on commercial property and slims its residential business.

05.02.2026 7

Fortune

Angelica Ang

Indonesia’s Danantara bets a new $6 billion SOE can save a textile industry from Trump tariffs and foreign competition

Yet some experts worry the new state textile giant could end up being a "dominant rival" to smaller players in the industry.

03.02.2026 6

Fortune

Angelica Ang

Singapore launches first space agency, joining a Southeast Asian race to tap a fast-growing space sector

The World Economic Forum predicts the global space economy to exceed $1.8 trillion by 2035, up from $613 billion in 2024.

02.02.2026 5

Fortune

Angelica Ang

Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters

Total losses from natural disasters across Asia-Pacific last year totaled $73 billion, yet just $9 billion was insured, according to Munich Re.

30.01.2026 7

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Angelica Ang

Asia is the ‘next big frontier’ for sustainable aviation fuel as governments push green mandates

Malaysia may soon consider an SAF mandate, the latest policy in Southeast Asia's tentative embrace of green aviation.

28.01.2026 4

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Angelica Ang

TradFi firms are increasingly warming to cryptocurrencies, says Bybit CEO Ben Zhou

“If they don't embrace it, they will be obsolete, especially with crypto wallet adoption growing 20 to 30% each year.”

23.01.2026 20

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Angelica Ang

Thailand’s oldest cement firm turns to 3D printing to revolutionize its business

Siam Cement Group unveiled Thailand's first 3D printed bridge in December, a few years after it built the world's first 3D printed medical center.

22.01.2026 10

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Angelica Ang

Construction firm Italian-Thai Development is under fire after consecutive crane collapses

Italian-Thai Development, No. 174 on the Southeast Asia 500, is also linked to last year's collapse of a partially-built skyscraper in Bangkok.

19.01.2026 20

Fortune

Angelica Ang

Singapore tries to give its flagging stock market a kickstart with a link to the NASDAQ, allowing firms to easily list in both places

The bridge will appeal to companies who want to access U.S. capital, yet still tap “strong brand recognition” in Southeast Asia, says EY's Chan...

16.01.2026 10

Fortune

Angelica Ang

Trump’s immigrant visa crackdown targets Southeast Asia’s Cambodia and Thailand, a decision experts find ‘puzzling’

“The policy appears less focused on managing migration volumes than on political signaling," says Tan Sook Rei of James Cook University.

15.01.2026 20

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Angelica Ang

The Philippines, ASEAN’s new chair, starts 2026 on a ‘weaker footing’ after trade tensions and a $2 billion corruption scandal

Third-quarter GDP growth in the Philippines fell to a four-year low of 4%, prompting Manila to slash growth targets for 2026 through 2028.

14.01.2026 30

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Angelica Ang

Two Southeast Asia 500 companies may merge—forming Malaysia’s largest construction conglomerate

The proposed merger, announced on Jan. 12 by Sunway president Anuar Taib, will form an entity with a combined market capitalization of $11.7 billion,...

13.01.2026 20

Fortune

Angelica Ang

Malaysia and Indonesia move to ban Musk’s Grok AI over sexually explicit deepfakes

This week, Malaysia and Indonesia have become the world’s first countries to take action against xAI’s Grok chatbot, which was found to be used to...

12.01.2026 10

Fortune

Angelica Ang

Asian households still save as much as half their wealth in cash. Fintech platforms like Syfe want to change that

A slew of fintech apps have emerged in recent years to tap a growing interest in investing and wealth management among Asian users.

10.01.2026 20

Fortune

Angelica Ang

Singapore-based startup founder Anand Roy thinks generative AI can help fix a broken music sector

Roy started Wubble in 2024; now his generated tunes are used by global giants and even the Taipei Metro, to soothe harried commuters. 

09.01.2026 10

Fortune

Angelica Ang

Jollibee shares surge after the Filipino fried chicken chain says it’ll spin off its ‘higher-growth but more volatile’ global business

Jollibee is pursuing an aggressive global expansion, as it tries to grow beyond its profitable Filipino market.

07.01.2026 20

Fortune

Angelica Ang

BYD posts slowest annual sales growth in 5 years, but China’s EV giant is still set to outsell Tesla for the first time

BYD sold 4.6 million vehicles last year, compared to 4.3 million in 2024. Monthly sales for December dropped by 18.3% year-on-year.

02.01.2026 10

Fortune

Angelica Ang

Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’

Singapore is “precisely the kind of ‘trusted node’ the U.S. is seeking to anchor AI-era supply chains,” says Ruben Durante, a professor at...

30.12.2025 20

Fortune

Angelica Ang

The world’s leading blockchain-based taxi app is setting its sights on New York City

TADA was founded in Singapore in 2018 by two South Korean tech entrepreneurs: Kay Woo and Jay Han. The ride-hailing app is best known for its “zero...

26.12.2025 20

Fortune

Angelica Ang

Hong Kong tops global IPO charts for the first time since 2019 for total funds raised, overtaking New York’s stock exchanges

The New York and NASDAQ stock exchanges ranked 2nd and 3rd, raising a total of $20.3 billion and $19.2 billion respectively, a KPMG report found. 

23.12.2025 10

Fortune

Angelica Ang

A top global design alliance is embracing AI to ‘let designers focus more on empathy and creativity’

Many designers are increasingly warming to the idea of incorporating AI in design, says Cecilia Brenner, the managing director of Design for Good, a...

22.12.2025 10

Fortune

Angelica Ang

Southeast Asian economies prove resilient in the face of Trump’s tariffs as supply chains expand

Many Chinese exporters have turned to transshipping to reduce tariff payments—a process that led them to route goods through ASEAN countries before...

19.12.2025 20

Fortune

Angelica Ang

We ‘don’t have enough manpower’ for the delivery boom, says Singapore-based robotics founder

Delivery is "still stuck at the last mile," says Quikbot founder Alan Ng, who is developing robots that can navigate Singapore's buildings.

18.12.2025 9

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Angelica Ang

Air strikes on casinos, colonial borders and a failed Trump ceasefire: What’s happening in the Thai-Cambodia conflict

Last week’s border clashes have undercut Trump’s hopes to be a peacemaker, while also endangering a regional economy across the Thai-Cambodia border. 

16.12.2025 10

Fortune

Angelica Ang

The CEO of one of Asia’s largest co-working space providers says his business has more in common with hotels

“It's a hospitality business," JustCo CEO Kong Wan Sin tells Fortune.

13.12.2025 7

Fortune

Angelica Ang

Asia will get steady growth next year, defying global headwinds, says Mastercard’s chief APAC economist

Asia is contributing more to global growth than the Americas or Europe, says Mastercard's David Mann.

12.12.2025 10

Fortune

Angelica Ang

ComfortDelGro joins Singapore’s race for autonomous vehicles with new shuttle trials and public rides by 2026

Both ComfortDelGro and ride-hailing platform Grab plan to roll out AVs to the public by next year.

12.12.2025 20

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Angelica Ang