BROWSE COUNTRIES/ TERRITORIES
By Company or Business Venture in Asia
The humble son-in-law
How a man's "small business" attitude keeps the flag of Suzuki's sprawling empire flying.
On 19 January 2007, Suzuki Motor Corporation was entertaining more than 700 of its sales representatives in a top hotel in Tokyo.
Dearly departed
Before the global economy started to melt down, July 2nd 2008 had already signalled the last day of normalcy for the 5,000 or so employees of the listed Polaris Securities, Taiwan's second largest brokerage by market value.
In the morning, many who worked in the Taipei headquarters greeted their chairman, Wayne Pai Wen-cheng, when the 55-year old self-made multimillionaire came into the office. A half dozen or so key staff held the regular weekly meeting with Pai, who appeared "very subdued and depressed", according to one of them in a later interview. By evening, Pai would kill himself by jumping off the high bridge of a remote island resort. His death had not put to rest the two controversies – fraudulent share trading and money-for-honour – that dogged him in his last days.
Tony Tan Caktiong
Napoleon famously said that quantity has a quality of its own. Tell that to Filipino fast-food king, Tony Tan Caktiong.
Billionaire blossoms
Yang Huiyan of Country Garden Holdings Co. has supplanted the "wastepaper queen" as the richest woman in China.
Father and son jailbirds
On May 9, after Hong Kong jewellery tycoon Tse Sui-luen was sentenced to 39-months’ jail time for offering illegal kickbacks to travel agents and misuse of company funds, he walked out of the courtroom without a single look or word to his erstwhile favourite son Tommy.
Levin Zhu Yunlai and Morgan Stanley
When John Mack rejoined Morgan Stanley as chairman and CEO in 2005, one of the biggest assets of the Wall Street super-investment bank was a man called Levin Zhu Yunlai. Now the two are barely on speaking terms.
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Alan Bond
At 68 most men would have long retired. For Alan Bond, 68 is the age where he sets out to rebuild his lost empire.
Kim Seung-noun
Will Paris Hilton's money buy her out of a 45-day jail sentence? A similar question is piquing the minds of many in South Korea, though the star in question isn’t the partying hotel heiress but the chief of one of the biggest conglomerates in the country.
A Dell of a deal
Will the Taiwanese keep their friendship with Michael Dell or will he have to turn to Korea?
In late March, a middle aged, slightly pudgy man with curly hair and a sheepish smile turned up quietly in Taiwan. His name: Michael Dell.
Move over, Dr Z
Toyota has cast its eyes on the European markets and is out to eat Daimler Chrysler's lunch.
Forget about Toyota overtaking General Motors as the biggest automaker in the world. That is old hat. And Rick Wagoner, boss of GM, has come to a sort of grudging acceptance of sharing the top two positions with Toyota. The person that really hates the guts of Fujio Cho, chairman of Toyota, is not in the US but across the Atlantic. He is Dieter Zetsche, chairman of Daimler Chrysler.
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