Malaysia

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.