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Lionel Lim

Lionel Lim

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Indonesia bets a new sovereign wealth fund will finally unlock its potential

Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia's lumbering state-owned giants.

yesterday 2

Fortune

Lionel Lim

Grab is in ‘prime position’ to support the transition to driverless cars, says CEO Anthony Tan

The ride-hailing firm launched a driverless bus in early July that ferries employees from its headquarters to a nearby metro station 4 kilometers...

yesterday 10

Fortune

Lionel Lim

The AI boom sends TSMC, the world’s most important chipmaker, up 60 spots on the Global 500

“If someone had told me 10 years ago that I’d meet two presidents in one week...I would have thought they were joking,” CEO C.C. Wei tells Fortune.

yesterday 4

Fortune

Lionel Lim

Banks should stop using AI to ‘fire hundreds of people’—instead, they should use it to lend to low-income clients, says GFTN’s Sopnendu Mohanty

AI should be used to create “credible” data on customers, allowing them to borrow money without the need for collateral.

28.07.2025 10

Fortune

Lionel Lim

AI might make workers faster, but not necessarily more productive: ‘They do it faster, then go for coffee breaks’

Accenture's lead for its APAC Center for Advance AI argues that reinventing work may be better for companies looking to adopt and leverage AI...

28.07.2025 20

Fortune

Lionel Lim

OpenAI’s international managing director explains how the ChatGPT developer thinks about AI and search 

AI agents are what’s driving OpenAI’s interest in search, noted managing director for international Oliver Jay at Fortune Brainstorm AI Singapore.

23.07.2025 3

Fortune

Lionel Lim

Places like Taiwan dominate chipmaking because they value ‘high-quality’ manufacturing, an ethos that ‘doesn’t exist in North America’

Nigel Toon, CEO of the UK chip firm Graphcore, said people miss is how a place's culture can drive advanced chipmaking.

22.07.2025 4

Fortune

Lionel Lim

Data centers guzzle huge amounts of power—and that might end up supercharging investment in renewable energy, executives argue

Solar power, natural gas, and even nuclear could eventually become compelling options over a mid-to-long term horizon.

22.07.2025 9

Fortune

Lionel Lim

Malaysia’s AI darling NationGate sees shares tumble after it got raided in a scrap metal smuggling probe

Shares in Nationgate, the fastest-growing company on Fortune's Southeast Asia 500, are down over 10% since Tuesday.

18.07.2025 10

Fortune

Lionel Lim

NTT DC REIT’s flat trading debut shows Singapore’s struggle to revive a ‘lackluster’ stock market

Singapore has had just three IPOs so far this year. Hong Kong, by comparison, has had more than 40.

17.07.2025 10

Fortune

Lionel Lim

Las Vegas Sands hopes to usher in ‘new era of luxury tourism’ with a new $8 billion casino complex in Singapore

The $8 billion project will feature 55-storey hotel tower along with other amenities like luxury boutiques and a casino.

16.07.2025 30

Fortune

Lionel Lim

OCBC’s next CEO shows the Singaporean bank is still betting on ASEAN-China ties for growth

OCBC’s CEO-to-be comes with a wealth of China experience, including a five-year stint leading DBS’s institutional banking business in China.

14.07.2025 10

Fortune

Lionel Lim

Asia shrugs off Trump’s new tariff threat, as governments hope they can get a deal before August 1

On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S’s trading partners.

08.07.2025 30

Fortune

Lionel Lim

Del Monte Foods’ bankruptcy rebounds on its Singapore-listed parent company

Philippines-based Del Monte Pacific, No. 142 on the Southeast Asia 500, bought Del Monte Foods in 2014.

04.07.2025 10

Fortune

Lionel Lim

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%. 

03.07.2025 10

Fortune

Lionel Lim

Thailand and Cambodia’s border spat pulls in energy giant PTT

Phnom Penh halted fuel imports from Thailand on Monday, with former leader Hun Sen claiming a trading halt would hurt PTT more than Cambodia.

24.06.2025 30

Fortune

Lionel Lim

Financial services are pushing up the revenues of the Southeast Asia 500’s most prominent tech startups

Sea, Grab, and GoTo climbed the rankings of the Southeast Asia 500, in part thanks to their fast-growing fintech businesses.

22.06.2025 4

Fortune

Lionel Lim

99 Speed Mart’s Southeast Asia 500 debut is the latest milestone for the company and its founder, a childhood polio survivor

99 Speed Mart's founder, Lee Thiam Wah, contracted polio at a young age. He’s been wheelchair-bound for much of his life.

21.06.2025 20

Fortune

Lionel Lim

Resurgent air travel and a strategic acquisition helped SATS climb over 100 places in the Southeast Asia 500

Singapore-based SATS, which provides a range of aviation-related services, tripled its revenue following its acquisition of Worldwide Flight Services...

20.06.2025 7

Fortune

Lionel Lim

Nvidia and the AI boom helps Malaysia’s Nationgate debut on the Southeast Asia 500 with a 720% revenue surge

Nationgate generated $1.6 billion in revenue last year, high enough to place it at No. 243 on the Southeast Asia 500.

19.06.2025 5

Fortune

Lionel Lim

Agrifood giant Wilmar hands over almost two-thirds of its annual profit to Indonesia as ‘security deposit’ for palm oil corruption case

Shares in Wilmar, one of a handful of Southeast Asian firms to make the Global 500, dropped 3% on the news.

18.06.2025 10

Fortune

Lionel Lim

The smallest country on the Southeast Asia 500 generated the most revenue 

Total revenue from Singapore-based companies reached $637 billion, or about the third of the list's total revenue.

18.06.2025 8

Fortune

Lionel Lim

GoTo, Indonesia’s onetime tech darling, banks on fintech to give its superapp a second life

GoTo's recent actions, such as announcing its fintech results ahead of on-demand services, show its priorities are changing.

17.06.2025 20

Fortune

Lionel Lim

Trump’s ‘done’ deal with China just brings tariffs back to Liberation Day levels

The U.S.-China trade war appears to be on pause—again.

12.06.2025 20

Fortune

Lionel Lim

China can shrug off U.S. tech controls, thanks to open-source design and chip packaging techniques, says Huawei’s founder

Nevertheless, Ren Zhengfei cautioned that Huawei still isn’t quite as successful as the U.S.’s fears make it seem.

10.06.2025 4

Fortune

Lionel Lim

L’Oreal sees Middle East and Southeast Asia as next growth engines as China slows: ‘Eventually demographics have to win’

Sales in SAPMENA, a region coined by L'Oreal that covers South Asia Pacific, Middle East, and North Africa, is the beauty brand's fastest growing...

07.06.2025 6

Fortune

Lionel Lim

Lee Jae-myung, South Korea’s new president, calls ‘rising protectionism’ a ‘threat to our very survival’

Lee took office just hours before U.S. tariffs on steel and aluminium were due to take effect, with the 50% levy hitting crucial South Korean exports.

04.06.2025 30

Fortune

Lionel Lim

Xiaomi CEO Lei Jun predicts his company’s expensive EV bet could soon start making money

Lei’s optimism contrasts with renewed worries that China’s EV sector is about to sink into another price war.

04.06.2025 20

Fortune

Lionel Lim

Trump isn’t Beijing’s only trade headache, as the EU targets Chinese medical devices

Chinese companies are now blocked from bidding for public procurement tenders for medical devices for contracts valued over $5.7 million.

03.06.2025 20

Fortune

Lionel Lim

Indonesia’s Indosat and Goto unveil a new ‘sovereign AI’ that can chat in the country’s most-used languages

The two firms' new 70 billion parameter LLM can operate in Bahasa Indonesia, as well as Javanese, Balinese and Bataknese.

03.06.2025 5

Fortune

Lionel Lim

Saudi Arabia looks to take partnership with China and Southeast Asia beyond AI: ‘There’s so many untapped areas’

The country's Deputy Minister for International Relations at the Ministry of Investments sees collaboration in agriculture and food security too.

28.05.2025 5

Fortune

Lionel Lim

Malaysia looks to help standardize the halal economy as Southeast Asia and the Middle East build new ‘smart partnerships’

Malaysia's Deputy Prime Minister Ahmad Zahid Hamidi said ASEAN has agreed in-principle to have a common halal logo across the region.

28.05.2025 10

Fortune

Lionel Lim

Southeast Asia and Gulf leaders meet with China as governments look to coordinate in the face of Trump tariffs

The GCC’s pivot to the East is a “pragmatic move," says Joanne Lin, senior fellow at the ISEAS-Yusof Ishak Institute.

27.05.2025 10

Fortune

Lionel Lim

Singapore’s ComfortDelGro will bid for Melbourne’s rail line as it takes its public transport model global

“Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.

26.05.2025 4

Fortune

Lionel Lim

The U.S. is targeting Huawei’s AI chips, and China says that could undermine an uneasy truce in the trade war

Washington warned that using Huawei's chips could violate export controls. Beijing thinks that undermines "consensus" from the Geneva trade talks.

21.05.2025 10

Fortune

Lionel Lim

Sea shares hit highest point in three years after it records $410.8 million in quarterly profit

Sea's three businesses, e-commerce, digital financial services, and gaming all saw double digit percentage growth for the first three months of the...

13.05.2025 9

Fortune

Lionel Lim

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

Bhutan wants to be known for more than just spiritual tourism and Himalayan mountains.

12.05.2025 20

Fortune

Lionel Lim

Scion of hospitality conglomerate Genting Group sees potential in wellness-based co-living spaces

Lim Keong Wee hails from the Genting Group family, Malaysia's biggest casino operator. Yet he's trying to carve a different path in the hospitality...

11.05.2025 4

Fortune

Lionel Lim

U.S. dollar’s slide is the ‘bane’ of Asia’s central bankers

Taiwan recently intervened to curb “excessive” inflows after the New Taiwan Dollar jumped 9% against the U.S. dollar in just two trading days.

09.05.2025 10

Fortune

Lionel Lim

Sea rebrands its fintech arm to Monee, a ‘cute’ name for an increasingly important business

The rebranded division will oversee Sea's two digital banks along with its payments and lending services.

08.05.2025 30

Fortune

Lionel Lim

U.S. and Chinese officials are finally set to meet for trade talks, a month after Trump hiked tariffs to a sky-high 145%

The scheduled meeting in Switzerland would be the first time U.S. and Chinese trade officials meet since Trump imposed tariffs on China in February.

07.05.2025 10

Fortune

Lionel Lim

Southeast Asia searches for a U.S. trade deal, but the damage from Trump’s tariffs is already done 

On Monday, Malaysia became the latest country in the trade-reliant region to warn that growth may be slower this year.

06.05.2025 10

Fortune

Lionel Lim

A failed takeover bid by Global 500 insurer Allianz is now a political hot potato in Singapore’s election

Allianz tried to buy local insurer Income Insurance for $1.7 billion last year, only for Singapore to eventually block the deal after public outcry.

30.04.2025 10

Fortune

Lionel Lim

China’s Huawei encroaches further on Nvidia’s turf and is reportedly set to test a new AI chip aimed at the H100

The chip, dubbed Ascend 910D, will be Huawei's most powerful AI processor to date according to a report from the Wall Street Journal.

28.04.2025 20

Fortune

Lionel Lim

Boeing will find it ‘relatively easy’ to find customers for China’s rejected planes, says jet leasing CEO

Boeing planned to complete 50 orders for Chinese customers this year but is now assessing options as China refuses Boeing plane deliveries due to the...

25.04.2025 9

Fortune

Lionel Lim

South Korea’s ‘shocking’ fall in marriages is a dating app opportunity, says Match Group’s Asia CEO

"Korea has an acute challenge” when it comes to long-term relationships, notes Malgosia Green, Asia CEO for Match. 

25.04.2025 10

Fortune

Lionel Lim

Las Vegas Sands slaps down worries that U.S.-China tensions could threaten its Macau casinos

“We have an incredible relationship with Beijing,” CEO Rob Goldstein said on the casino operator’s earnings call.

25.04.2025 20

Fortune

Lionel Lim

The new CEO of the Philippines’ largest telco says his Nigeria and India experience taught him to ‘never underestimate’ any market

Carl Raymond Cruz, the new CEO of Globe Telecom, also admits his "bias" for Indian companies, thanks to their "rigor" and "operational intensity."

24.04.2025 9

Fortune

Lionel Lim

Elon Musk worries Chinese companies will fill out the world’s Top 10 robot companies—but claims Tesla is, and will stay, No. 1

The Tesla CEO revealed that production of the Optimus robot has been disrupted by trade frictions.

23.04.2025 40

Fortune

Lionel Lim

Xi Jinping’s jaunt through Southeast Asia is ‘a reassurance and a warning’ to trading partners as the region is caught between the U.S. and China

On Monday, after Xi's visit, Beijing warned countries against signing trade deals with the U.S. "at the expense of China’s interest."

22.04.2025 10

Fortune

Lionel Lim