In Hong Kong, 35-year-old Matthew Tai has been shifting part of his family’s fortune, built by his father and uncles in real estate, into a string of digital startups.Tai says he’s invested in crowd-funding platform FundHive, a producer of ultra-thin LCD screens called Organo-Circuit and recruitment website Freeboh.

RTI International has formally opened its office in Malaysia. Its entry into the Malaysian market enables it to explore and undertake research and advisory in the field of healthcare delivery systems and development of innovation ecosystems.The global independent research institute specialises in combining deep technical proficiency with multi-disciplinary expertise.

Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.All major projects will be offered to the private sector, Widodo, also known as Jokowi, told Bloomberg Television’s Haslinda Amin on Saturday in an interview on a hilltop overlooking the picturesque Lake Toba.

The startup sector has exploded globally with investors on the lookout for the next "Facebook". This has inspired technology entrepreneurs to create their own companies and sell their ideas to the world in hopes of being the next Mark Zuckerberg.

In recent years, the demand for air travel has grown due to the increase in low-cost carriers which allow the middle class to travel for work or leisure more frequently. In a press statement released by IATA (International Air Transport Association), passenger demand for air travel is set to double over the next 20 years.“People want to fly. Demand for air travel over the next two decades is set to double.

Stagnant spending and soft wage growth in Japan are forcing two of Asia’s biggest retailers – Fast Retailing and Seven & i Holdings – to court overseas consumers to drive long-term growth.Fast Retailing, operator of the Uniqlo chain, and convenience-store giant Seven & i will report earnings results Thursday amid a Japanese economy that’s still posing challenges even as it expands.

Indonesia will investigate whether citizens linked to the transfer of 1.4 billion dollars of Standard Chartered private bank client assets complied with tax amnesty requirements.The country’s Finance Ministry received data on the fund transfer for tax compliance purposes and found it involved 81 private citizens, without any military, police, law enforcement or civil servants involved, Ken Dwijugiasteadi, director-general for taxation, told reporters in Jakarta on Monday.

As Amazon.com pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago.Delivery delays also marred Amazon’s debut in July, when on-the-ground operations began with Prime Now two-hour deliveries.

Vertex Ventures, the venture capital arm of Temasek Holdings, has completed its biggest fundraising for Southeast Asian and Indian technology deals.The Singapore-based firm closed its third Southeast Asian fund at 210 million dollars, a record in the region that exceeded its target of 150 million dollars. The money will be used for early stage investments, aiming to repeat its success with Grab.

Flag carrier Philippine Airlines said Friday it will pay the government six billion pesos (117 million dollars) after President Rodrigo Duterte threatened to cut off its access to Manila airport over alleged unpaid landing and other fees.Duterte had given the airline a Friday deadline to pay arrears."The (Department of Transportation) has accepted the offer of PAL to pay in full the six billion-peso claims of the (Civil Aviation Authority of the Philippines/Manila International Airport A