logo
Wuthelam Group founder and Singapore billionaire Goh Cheng Liang dies at 98

Wuthelam Group founder and Singapore billionaire Goh Cheng Liang dies at 98

SINGAPORE: Paint and coatings company Wuthelam Group founder Goh Cheng Liang, Singapore's richest man according to Forbes' 2025 list of billionaires worldwide, has died at the age of 98.
Paint tycoon Mr Goh was born in 1927 and grew up in a shophouse along River Valley Road. He came from a modest family and started his business in 1949 with Pigeon Brand paint.
After forging a strategic partnership with Japan's Nippon Paint in 1962, now Asia's largest and the world's fourth-largest paint maker, Wuthelam Group today owns nearly 60% of Nippon Paint Holdings.
In a Facebook post on Tuesday (Aug 12), Nippon Paint Singapore said the Nippon Paint Holdings Singapore Pte Ltd (NIPSEA Group) founder passed away surrounded by his loved ones.
'Mr Goh had always been a beacon in our industry, shining the light for so many of us to emulate his values of humility, benevolence, and integrity. Under his stewardship, Nippon Paint Singapore has grown and arrived to become a formidable force today. However, throughout his many business achievements, Mr Goh has always upheld the importance of giving back to the community. This is a legacy we will continue to perpetuate today, and well into the future. We will miss him dearly, for all that he has taught us,' the company wrote. See also Singapore continues to issue more EPs to recruit foreign FTs
'Our condolences go out to the family members and loved ones of Mr Goh,' it added.
Mr Goh was instrumental in developing Liang Court, the first major shopping centre along River Valley Road, and Mount Elizabeth Hospital, both of which were later sold.
He was also well known for his philanthropy. In 1995, with support from the late President Wee Kim Wee, he founded the Goh Foundation to manage his charitable work. The foundation funded major healthcare projects, including the National Cancer Centre Singapore and the Goh Cheng Liang Proton Therapy Centre, one of the few facilities in the region offering advanced proton beam therapy.
Mr Goh, who was also a cancer survivor, supported children's cancer research at KK Women's and Children's Hospital, the VIVA Foundation, and the National University Hospital, Singapore Business Review reported.
In addition, he contributed to research into rheumatological and immunological diseases through Singapore General Hospital's ARiSE programme and backed palliative care projects with SingHealth Duke-NUS Academic Medical Centre.
He also helped fund roads, clean water, sanitation, and schools in Dawu Village, his ancestral hometown in Chaozhou, China, to uplift the community there.
Mr Goh is survived by his three children—Hup Jin, Chuen Jin, and Chiat Jin—eight grandchildren, and one great-grandchild.
According to the South China Morning Post , his eldest son, Mr Goh Hup Jin, described him as 'a beacon of kindness and strength' who taught them to live with compassion and humility. 'We are very fortunate to have had him show us how to be a good person,' he added.
Netizens also expressed their condolences to Mr Goh's bereaved family. /TISG
Read also: GCB craze: How Singapore's 10 Real-Life Crazy Rich Asians got rich enough to own their S$10M to S$100M+ homes
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indonesian roof tilers flex muscles to keep local industry alive
Indonesian roof tilers flex muscles to keep local industry alive

Straits Times

time30 minutes ago

  • Straits Times

Indonesian roof tilers flex muscles to keep local industry alive

Sign up now: Get ST's newsletters delivered to your inbox A roof tile factory worker posing while holding tiles during a traditional bodybuilding competition in Jatiwangi, West Java, on Aug 11. Majalengka, Indonesia - A young Indonesian man turns his back to a crowd, flexing his oiled-up muscles before picking up a stack of roof tiles, holding as many as he can in a pose reminiscent of Mr Olympia. This is a bodybuilding battle of a different kind – one where competitors are roof tile factory workers who pump clay instead of iron to bring attention to their dwindling trade. In Java's Jatiwangi city, an Indonesian hub for clay roof tile production nearly 200km from the capital, Jakarta, dozens of men have been lathering on oil to pose for crowds since 2015 to show they are not going anywhere. The clay industry in Jatiwangi is more than a century old, when terracotta tiles drawing on local heritage were first made by hand to replace thatched house roofs. They are now mostly used for housing, and in the 1930s inspired Indonesia's former Dutch colonial rulers to tile their own government buildings and employee homes. 'But over time, it started to fade away,' said Illa Syukrillah Syarief, a 48-year-old worker at the Jatiwangi Art Factory who helps to organise the competition. 'So we feel that we're not just here to tell stories about roof tiles, but also to be saviours, to preserve the culture of Jatiwangi roof tiles.' Top stories Swipe. Select. Stay informed. Singapore Sengkang-Punggol LRT line resumes service 4 hours after power fault brings trains to a halt Life How do household bomb shelters in Singapore really work? Asia Johor authorities seize four Singapore-registered vehicles over illegal e-hailing Singapore Owners call for stronger management rules in ageing condos, but seek to avoid being overburdened Asia Japan's PM Ishiba mentions wartime 'regret', toeing right-wing line Asia Beijing-Manila row over collision of Chinese ships chasing Filipino boat a reminder of geopolitical risk The workers use clay or local soil to make their tiles, but the younger generation is taking on fewer manual labour jobs and big industry is hitting the revenues of local trade. It has caused fear that their industry could become a forgotten art in the future. 'We're pushing through in a situation that's not going so well,' said Illa. 'We've lost workers, and the demand isn't what it used to be.' 'Distinctive style' The shirtless men, young and old, posed for a crowd that included women clad in hijabs and judges who pick the winners of cash prizes up to 1.5 million rupiah (S$118) for the No. 1 spot. Attendee Ika, who like many Indonesians goes by one name, called the show 'something unique' that displayed 'bodybuilding with a distinctive style' rooted in Indonesian culture. The winnings are donated by rival factories whose workers battle it out against one another in the competition, with no sponsors yet stumping up cash for the event. 'It was incredible to see the competitors and their style, and all the many things they can do using their hands, using their mouth even, carrying tiles,' said foreign judge Alessa Cargnell. The red, earthy tiles have a curved shape that lock in together, making it easier to clasp a stack and pose from the front or the side. One man displayed incredible power to hold a tile between each finger and one from his mouth while standing on one leg, as remixed traditional music typically heard in Indonesian TikTok videos blared in the background. But the strength of the roof tile workforce is not only reserved for the weight room. 'We're still determined. The hope is that roof tiles, or processing the soil in Jatiwangi, won't just be a commodity,' said Illa. 'But truly become an identity: as roof tile makers, as people who work with the earth.' AFP

Punggol Coast Hawker Centre: 5 stalls to visit for handmade puffs, affordable seafood and more
Punggol Coast Hawker Centre: 5 stalls to visit for handmade puffs, affordable seafood and more

CNA

timean hour ago

  • CNA

Punggol Coast Hawker Centre: 5 stalls to visit for handmade puffs, affordable seafood and more

The spanking new Punggol Coast Hawker Centre officially opened on Jul 25. Located a stone's throw away from Punggol Coast MRT station, the 576-seater food haven with 40 stalls is outfitted with cashless payment systems at every stall and a high-tech queue system powered by AI video analytics. This system maps foot traffic, tracks queue times and even spots safety hazards like spills or smoke, so staff can swoop in to clean or clear crowds. Stall holders get access to real-time customer flow data, helping them plan manpower and speed up service, to help customers' dining experience be smoother and safer. The centre also boasts a curated mix of heritage favourites, Gen Z hawkerpreneurs and Michelin-recognised eateries. Here are five worth checking out. 1. WHAT THE PUFF! Don't be fooled by the cheeky name: These Gen Z hawkers are serious about curry puffs. Run by 23-year-old Lim Yuan Ming, a university student juggling finance classes and food biz duties, the stall was first launched at Changi Village Hawker Centre with two partners, his brother and their friend. Their puffs are handmade daily, offering both traditional flavours like curry chicken and sardine, as well as creative spins like black pepper chicken and hae bee hiam (dried shrimp). They've since expanded the business to Bedok and now bring their flaky, generously filled pastries to the northeast, where they're pulling the second-longest queue in the hawker centre, according to a PR rep. Prices here remain the same as their other two hawker stalls: S$2 for the OG curry and sardine puffs and S$2.50 for jazzed-up flavours like cheesy curry and black pepper chicken. 2. HEE HEE HEE STEAMED FISH & SEAFOOD Started by fishmonger pals Jack Lim and Sky Sim, aged 40, this humble steamed seafood stall first made waves at Blk 79 Circuit Road Food Centre when it opened in 2022. Their access to Jurong Fishery Port gives them first dibs on fresh seafood at wholesale prices – savings they pass on to customers. Their cooking skills? Self-taught via YouTube and customer feedback. Inspired by the success of popular stall Hanjiang Seafood Square also on Circuit Road, the duo launched Hee Hee Hee Steamed Fish & Fish Soup to offer affordable, a la carte steamed seafood dishes. Steamed Hong Kong-style (soya sauce, sesame oil, Shaoxing wine), their signature dishes include grouper (S$10) and golden pomfret (S$12). They also serve prawns, crayfish and sambal seafood, depending on daily availability. 3. SINGAPORE FRIED HOKKIEN MEE & SEAFOOD Singapore Fried Hokkien Mee, a Michelin Bib Gourmand winner from Whampoa Food Market, has been frying up its signature dish since 1974. According to Facebook user Peter Tay, the heritage stall drew a whopping 50-minute queue on opening day. They serve the wet style of fried Hokkien mee. Expect a gooey, wok hei-packed plate of yellow noodles and bee hoon, topped with prawns, squid, pork belly and a dollop of their signature housemade sambal for that extra kick. At Whampoa, prices range from S$5 to S$15 but at the Punggol outpost, you get three fixed options: S$5.20, S$7.30 and S$9.40. 4. HOCK HAI (HONG LIM) CURRY CHICKEN This beloved stall is known for its comforting bowls of curry chicken noodles and satay bee hoon. The brand dates back more than 20 years and was first set up near Bedok Interchange. The family business is now run by the nephew of the owner, who took over in 2016 and expanded to Fernvale before arriving in Punggol. Prices here start at S$3.50 for a basic shredded chicken noodle, while heftier bowls of curry chicken or satay bee hoon go for S$5.50 to S$7.50 – just a little more than the OG Bedok branch, but on par with Fernvale. 5. SOUTH BUONA VISTA ROAD DUCK RICE After quietly shuttering its standalone eatery at Desker Road last year due to rental hikes, beloved South Buona Vista Braised Duck has resurfaced at the brand-new Punggol Coast Hawker Centre. The same signature boneless duck rice is served, now from a modest hawker stall run by married couple, Ang Chiap Teck and Lily Lim. Queues reportedly hit over an hour on its opening day, the longest in the hawker centre, and the stall still boasts the longest lines to this day. According to Facebook user Peter Tay, the duck 'tastes just as good', but the sambal kang kong could be spicier. The bird comes with two dips: A fragrant hae bee hiam sambal and tangy chilli-vinegar sauce.

Malaysia growth near forecast in second quarter, but central bank flags tariff uncertainty
Malaysia growth near forecast in second quarter, but central bank flags tariff uncertainty

CNA

timean hour ago

  • CNA

Malaysia growth near forecast in second quarter, but central bank flags tariff uncertainty

KUALA LUMPUR :Malaysian economic growth came in close to expectations in the second quarter, official data showed on Friday, though the central bank said the outlook was clouded by uncertainty arising from U.S. tariffs. Gross domestic product grew 4.4 per cent in the April-to-June period from a year earlier, data from Bank Negara Malaysia and the Statistics Department showed, matching the pace of the first quarter. That was slightly below a Reuters poll forecast of 4.5 per cent, which was also the government's advance estimate. The economy grew 2.1 per cent on a quarter-on-quarter seasonally adjusted basis, faster than 0.7 per cent growth in the previous three months, the data showed. BNM said growth was driven by robust household spending and positive labour market conditions, but forecasting was challenging amid the uncertainty from U.S. tariffs. "Growth could move in different directions... we are operating in a different environment where changes happen very quickly," BNM Governor Abdul Rasheed Ghaffour told a press conference. A 19 per cent tariff on Malaysian exports to the United States took effect earlier this month, although some goods remain exempt pending a review of U.S. laws. Of particular concern to Malaysia is President Trump's flagging of a 100 per cent tariff on semiconductor imports from companies that do not have a U.S. manufacturing footprint or plans to establish one. Malaysia, a major player in the global semiconductor supply chain, has warned that tariffs on its chip exports to the United States would have a significant impact on its economy. Total export growth is expected to be moderate in the second half of 2025, though there would be support from demand for electrical and electronic goods and higher tourism, Abdul Rasheed said, adding that visitor arrivals had recovered to pre-pandemic conditions. Last month, the central bank lowered its growth forecast for 2025 to a range of 4 per cent to 4.8 per cent from 4.5 per cent to 5.5 per cent, which Abdul Rasheed said was "broad enough" to cover different outcomes arising from the U.S. tariffs. The bank also cut interest rates for the first time in five years in July to "pre-emptively preserve" the export-oriented economy's growth. Mohd Afzanizam Abdul Rashid, chief economist at Bank Muamalat Malaysia, said the rate cut and a narrower fiscal deficit would give authorities some capacity to counter expected slower growth in the second half of the year. He said the fiscal deficit was 4.2 per cent of GDP in the first half, down from 5.5 per cent of GDP in the same period in 2024.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store