Family businesses

Geylang eatery Yong He Eating House to close on Nov 30 if it fails to secure $300,000 handover fee

Mr Dong Han Zhong is the third-generation owner of Yong He Eating House in Geylang.

When silence isn’t golden: Succession challenge looms for Asia’s wealthy families

Panelists (from left) Mr Chew Mun Yew, Head of UOB Private Bank; Associate Professor Yupana Wiwattanakantang, NUS Business School; and Mr Ernest Saudjana, senior partner at Boston Consulting Group, at the launch of White Paper “The Asia Generational Wealth Report 2025: Succession in a new era”.

South Korea’s chaebol marriage shift: Young scions marrying within business circles, not politics

More members of the conglomerate families were also marrying those without prominent business backgrounds.

Legacy and the Le Pliage: Family business Longchamp puts down roots in Shanghai’s French Concession

Past the elegant monochromatic facade, the 150 sq m home is designed like a French apartment.

Skipping a generation: Lessons from the late Nippon Paint tycoon’s inheritance play

The late Mr Goh Cheng Liang was among Singapore's richest, according to Forbes' ranking.

Boardroom battle at India’s Tata Group prompts Modi government to get involved

Smooth decision-making at the Tata Group is crucial, given its involvement in ventures that dovetail with the government’s top economic priorities.

Indonesian president asks Trump for meeting with son Eric in ‘hot mic’ moment

U.S. President Donald Trump and Indonesian President Prabowo Subianto shake hands as they pose for a photo, at a world leaders' summit on ending the Gaza war, amid a U.S.-brokered prisoner-hostage swap and ceasefire deal between Israel and Hamas, in Sharm el-Sheikh, Egypt, October 13, 2025. REUTERS/Suzanne Plunkett/Pool

A Guinness heiress goes to Netflix to brew show about her family drama

(From left) Fionn O'Shea, Louis Partridge, Anthony Boyle and Emily Fairn in House Of Guinness.

Super Rich In Korea’s David Yong fined $1k for holding executive business appointment

ID confirmed by Photog Kelvin Chng and Christine ST// David Yong arriving at State Courts on Sept 9, 2025.// clyong09 SC-905835-2024 PP v. Yong Khung Lin 4A 2.30 pm The 38-year-old Singaporean, whose full name is Yong Khung Lin, is the chief executive of a group of companies collectively known as Evergreen Group Holdings. David Yong, featured on Netflix's "Super Rich in Korea", was allowed to travel to Seoul and Kuala Lumpur for business. This marks Yong's second successful travel application during his criminal proceedings, with bail increased by $500,000 to $1.5 million. Yong must report twice daily via video call and location sharing while overseas

My Perfect Weekend with Hegen entrepreneur Yvon Bock

Hegen CEO Yvon Bock (fifth from left) and her family celebrating Mother's Day in May, which also coincided with her son Lucas' birthday.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.