If he were alive today, the rubber and pineapple king of 1930s Singapore would surely be asking whether the custodians of his empire just sold another chunk of it too cheaply.That's the unavoidable conclusion from the drama surrounding the takeover of United Engineers, where a general offer is flirting with failure after the emergence of a rival buyer willing to pay more than the price accepted by OCBC (Oversea-Chinese Banking Corp).United Engineers, a property and construction engineeri

Malaysia Airlines agreed to buy Boeing’s 787-9 Dreamliners and 737 Max jets as the Southeast Asian nation’s flag carrier looks to boost services on its busiest routes.The airline signed a memorandum of understanding for eight of the carbon-composite Dreamliners, and eight 737 Max 8s, Boeing said in an e-mailed statement late Tuesday.

Billionaire Lucio Tan said he plans to return his group’s Philippine Airlines to profit before selling a stake, two weeks after the carrier’s president said talks with a strategic investor were likely to produce a deal by the end of this year.PAL Holdings, the carrier’s parent, booked a net loss of 501 million pesos (9.8 million dollars) in the second quarter after reporting a 1.13 billion peso deficit in the previous quarter as higher fuel costs and aircraft lease charges boosted expenses.

Aussies hoping to buy the new iPhone are likely to be forking out more than most countries in Asia.Australia has slumped to 25th out of 57 countries for iPhone affordability in US dollar terms, from 17th place 12 months ago and fifth cheapest two years earlier, according to an index compiled by Commonwealth Bank of Australia’s securities unit.

The Platinum Group, whose wholesale fashion mall in Bangkok attracts about 15 million people yearly, expects booming Chinese tourism to support its retail shopping centre due to open next year.The firm is investing about 6 billion baht ($180 million) in the project and is banking on the deep pockets of Chinese visitors to woo retailers, according to President Chanchai Phansopha.

In Southeast Asia, mobile banking is taking on a whole new meaning. Last week, Grab, one of the region's top ride-hailing companies, announced that users of its mobile application can start sending credits – used to pay for rides – to each other. By the end of the year, they'll be able to use those credits at more than one thousand restaurants and retailers.

Dubbed as the "Netflix of Asia", iflix has been owning it’s given name as the leading Subscription Video on Demand (SVOD) service in the emerging markets across 20 territories throughout Asia, the Middle East and North Africa; as it announces the launch of their Channels feature that will provide users to the exclusive distribution deal with Disney on August 22, 2017.The content distribution arrangement includes access to Disney’s biggest films in their own branded channels that inc