Luxury yacht
Malaysia expects to write off up to 70% of 1MDB losses
Malaysia’s finance minister Lim Guan Eng said that authorities have reason to believe that up to 70 per cent of the misappropriated money from...
Indonesia hands over 1MDB-linked luxury yacht amid ongoing investigations
Indonesia has returned to Malaysia the luxury yacht “Equanimity” linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) financial scandal, Malaysia’s Prime Minister Mahathir...
Thailand to open waters for foreign superyacht charter
In its aim to lure high-end visitors to the country amidst an otherwise sluggish tourism market, Thailand plans to open its maritime borders for...
Singapore becomes superyacht hub of Asia
Singapore is becoming Asia's hub for superyachts as it offers a wide range of luxury yachts and crew, a range of facilities, services and...
Asia’s young and rich splash out on superyachts
Asians with new wealth are providing a boost for the regional yachting industry as they spark an increase in sales of luxury boats, according...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...