Lionel Lim

1 week ago | fortune.com | Lionel Lim

With $2.2 billion in revenue, 99 Speed Mart generated enough sales to land it at No. 158 on Fortune’s ranking of the largest Southeast Asian companies by revenue. The company currently has 2,833 outlets and 20 distribution centers across the country, and plans to reach 3,000 outlets by the end of the year. But 99 Speed Mart’s story is also as much a story about its founder, Lee Thiam Wah, as it is about the growth of a convenience store chain.

1 week ago | aol.com | Lionel Lim

Airlines the world over are reporting a surge in business as tourists go traveling again. Carriers earned a total net profit of $32.4 billion last year, up 18% from the year before, while passenger numbers hit a new high of 4.8 billion. In Southeast Asia, airlines like VietJet, Thai Airways, and Garuda Indonesia posted double-digit revenue growth last year. But the most impressive performance came not from a carrier, but rather a company that keeps its feet on the ground.

1 week ago | flipboard.com | Lionel Lim

Should tap water be free in Singapore restaurants? F&B operators weigh inThe debate about whether tap water should be complimentary in Singapore’s dine-in food establishments is back in the spotlight, thanks to a Facebook …

1 week ago | hallaback.com | Lionel Lim

“The administration is new but they’re very aggressive in trying to change the trajectory of health care,” he said. “There’s a curiosity about revisiting how the system is structured that’s pretty exciting.” Rodriguez points to the debate over how to code treatments for insurance payments to reward interventions that make people healthier as an example. “The invitation that I received from the head of Medicare was, ‘let’s reimagine the whole thing.

1 week ago | fortune.com | Lionel Lim

Malaysia has garnered a significant share of this investment, attracting multi-billion deals from the likes of Google, Oracle and Microsoft over the past 18 months. And some of that hype has boosted the fortunes of some of Malaysia’s companies, including NationGate, an electronics manufacturing services provider. The company generated 5.27 billion Malaysian ringgit ($1.6 billion) in revenue last year, high enough to place it at No. 243 on the Southeast Asia 500.