Faris Mokhtar

It’s only been about seven months since Lawrence Wong became Singapore’s prime minister. Yet he’s already searching for a new crop of leaders, including one who could eventually replace him.

Indonesia is seeking to plug an unusually deep revenue shortfall before year-end by scrutinizing wealthy individuals and big businesses for extra tax payments.

The billionaire Cheng family have put a luxury London hotel up for sale as they grapple with liquidity challenges at debt laden Hong Kong property group New World Development Co.

Malaysian Prime Minister Anwar Ibrahim is considering calling for a general election in the third quarter as his government weighs politically sensitive cuts to fuel subsidies amid the global energy crunch, according to people with knowledge of the matter.

Indonesia plans to tighten control over commodity exports including coal and palm oil, according to people familiar with the matter, as the government seeks to clamp down on tax evasion and bolster a plunging rupiah.

In early May, President Prabowo Subianto summoned a handful of his most trusted advisers to his house in south Jakarta to discuss how to find more revenue as surging oil prices stretched Indonesia’s finances.

Prabowo had long railed against Indonesia's tycoons, accusing them of harnessing national wealth for personal gain.

Some palm oil refiners in Indonesia are avoiding buying fruit from small farmers, a sign of how the government’s commodity export overhaul risks squeezing grower incomes and crimping supplies of the crop.

One Raffles Place, a major office complex in the heart of Singapore’s commercial center, is attracting interest from multiple suitors, according to people with knowledge of the matter.

Unpredictable state intervention under Indonesia’s president is turning the emerging-market darling into a global laggard.