3 Singaporeans among Forbes' 50 most powerful businesswomen in Asia

3 Singaporeans among Forbes' 50 most powerful businesswomen in Asia

One is the chief executive of Singapore's state investor; another is the executive chairman of one of the city-state's oldest companies; and the third is the chief executive of one of Singapore's biggest cement suppliers.

Today, Temasek Holdings CEO Ho Ching, Straits Trading Company executive chairman Chew Gek Khim and Pan-United Corporation CEO May Ng were named among the most powerful businesswomen in Asia by business magazine Forbes.

The trio were among 50 business personalities named from 14 countries in the Asia Pacific region.

In a statement on Thursday (April 7), Forbes said that the list acknowledges the inroads women are making in the business world.

"To qualify, candidates have to be active in the upper echelons of business in Asia, wield significant power and have access to robust financial resources," the magazine explained.

Both Ho and Chew were also named on last year's list, while Ng is one of 27 newcomers on this year's list.

China and Hong Kong dominate the list with 14 women, followed by India with eight.

Some of the personalities on the list include Lucy Peng, a co-founder of e-commerce giant Alibaba who subsequently set up its online financial services arm Ant. Japan's Eva Chen, who co-founded the world's third largest anti-virus software firm Trend Micro, also makes the list.

One of the newcomers is India's Nita Ambani, the wife of billionaire Mukesh Ambani and director of Reliance Industries, whose rising profile in the Reliance empire earned her a spot.

Other Southeast Asian women honoured include Wendy Sui Cheng Yap, cofounder of Indonesia's Nippon Indosary, Robina Gokongwei-Pe, president of the Philippines' Robinsons Retail Holdings, and Somruedee Chaimongkol, CEO of Thailand's Banpu.

seanyap@sph.com.sg

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