Editor’s Sidelines, February/March 2023: Back to Business

Vincent and Stephanie Lo of Shui On.LUCAS SCHIFRES FOR FORBES ASIA It is most apt that the first issue of 2023 features the Hong Kong’s 50 Richest list . The easing of travel and other Covid-19 restrictions in mainland China have set the stage to reignite growth in Asia’s biggest economy—that will have a multiplier effect for the rest of the Asia region and the world in general. This month’s rich list reflects the optimism of those in Hong Kong who have been waiting to get back to the business of doing business, while savvy investors have been loading up on stocks that should bounce back as this reopening drives demand in China and across the region. Tony Fernandes.Courtesy of Capital A In the feature on Tony Fernandes and AirAsia, the Malaysian tycoon talks about his hopes of doubling the number of Chinese passengers using his airline, as mainland travelers start to journey abroad again. Fernandes is planning to capitalize on the rebound in travel, both from China and the rest of Asia, to open new destinations and launch AirAsia Cambodia this year. Asia now boasts multiple engines of growth, namely China, India and, significantly, Southeast Asia, which has […]

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