Family businesses

Courting the next generation: How wealth managers are keeping family business assets within the bank

Jerrome Ng (left) and Kenneth Yeow at UOB PriviGen, the bank’s programme for young family members of wealthy clients.

From coffee to cars: Inside the Tata empire as its chairman steps down

Tata Trusts, the group’s charitable arm, owns about 66 per cent of Tata Sons, which controls more than 30 group companies in the Indian conglomerate.

India’s Tata shares extend losses after N. Chandrasekaran resigns

Tata Sons chairman Natarajan Chandrasekaran has discussed with close associates the possibility of stepping down.

India’s family offices embrace profit-sharing to attract top talent

The rise in ultra-rich sharing profits with those who manage their money in India shows how the country has become an increasingly competitive market for family office talent.

Prolonged rolling blackouts squeeze small businesses in Kalimantan

Blackouts across parts of Kalimantan have dealt a heavy blow to small businesses.

Thailand’s Singha beer scion’s mum drops ‘ungrateful child’ lawsuit against him

21-year-old becomes funeral director to take the lead in family business

Shane Tan is 21 years old and recently took over from his father as the funeral director at SG 24 Hour Funeral Services.

Cellini turns 40: How a Singaporean scholar’s European summer built the local furniture empire

The three-generation Cellini family include founder-chairman Tan Cheng Whatt; his daughter and regional marketing director Janice Tan; son-in-law and group managing director Jason Hong; and grandson Tyrus Hong who joined the company in June as a product designer.

Tastemakers

No time for romance as Cheng Hui Jie steers $1m Bumbu Restaurant towards 30-year milestone

Bumbu Restaurant's general manager Cheng Hui Jie at the Kandahar Street outlet.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

Psi Samut Scott, scion of Thailand’s Singha beer empire, went public with his story, shattering deep-seated cultural taboos in a conservative society fiercely protective of hierarchy and family reputation.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.