Malaysia
Asia Leaders
Tony Fernandes Finally Has a Clean Capital A. Now He Must Prove What Remains Is a Business
The long restructuring is over and the airline assets have moved to AirAsia X. Tony Fernandes must now turn Capital A’s collection of travel-adjacent businesses into a coherent investment case.
Asia Leaders
Formula One Returns to Malaysia as Sepang Hosts Rescheduled Bahrain Grand Prix
Sepang will stage the rescheduled Bahrain Grand Prix on October 4, placing Malaysia back on the Formula One calendar after a nine-year absence.
Asia Leaders
Tengku Muhammad Taufik Has Extended PETRONAS's LNG Commitments into the 2040s. Lower Profit Makes the Capital Choice Harder
PETRONAS is locking in LNG supply and customers well into the 2040s while earnings are under pressure. Tengku Muhammad Taufik must keep the capital programme selective.
Asia Leaders
Lip-Bu Tan Has Put Intel Back on an Engineering Clock. The Foundry Still Has to Find Customers
Lip-Bu Tan has restored discipline and delivered Intel 18A into production. The company’s future now turns on whether 14A can win the external volume that its fabs—and its identity—require.
Asia Leaders
Tengku Muhammad Taufik Is Rebuilding PETRONAS for Energy Volatility. Malaysia Still Needs the Cash
PETRONAS faces lower profit, volatile supply routes and a costly transition portfolio. Tengku Muhammad Taufik must keep Malaysia’s national energy company investable and dependable.
Asia Leaders
Kiran Mazumdar-Shaw Has Recombined Biocon. The Biosimilars Bet Must Now Generate Cash
Biocon’s structure is finally catching up with the global biosimilars business Kiran Mazumdar-Shaw assembled. Stronger margins and falling leverage are encouraging, but dilution, price competition and manufacturing execution remain material tests.