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CEO Explainers

Hong Kong’s New World Development Faces Turmoil Amid Debt Woes and Leadership Shake-Up

Hong Kong’s New World Development, long considered a stable pillar among the city’s “big four” property dynasties, is facing mounting challenges as it grapples with debt concerns, leadership transitions, and liquidity pressures. In a tumultuous week, the company pledged $15 billion worth of prized assets as collateral for loans, addressed...
CEO Explainers

Founder of Pacific Radiance Becomes CEO

Singapore-based offshore vessel operator Pacific Radiance has announced a leadership change, with founder and executive chairman Pang Yoke Min stepping into the role of CEO. He succeeds James Pang Wei Kuan, who transitioned to the position of Chief Strategy and Business Development Officer on January 9. In his new role,...
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