Singapore
Southeast Asia’s e-commerce market is still in its ‘opening act,’ says venture capital firm
Southeast Asia’s e-commerce ecosystem is still at a “very, very nascent stage” and many more business models and companies will be formed in the region, said the founding partner of a venture capital firm. “We’re talking about single-digit digital penetration, as compared to the overall commerce penetration,” Amit Anand of Jungle Ventures, a Southeast Asian […]
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Singapore to restart work on new airport terminal as passengers return
Travelers walk through the transit area at Changi Airport in Singapore, on Wednesday, March 30, 2022. Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic. Ore Huiying | Bloomberg | Getty […]
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Retail investors are continuing to buy the dip in tech despite recent turmoil, says TD Ameritrade
Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing to buy the dip,” Kahling, head of international […]
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U.S.-listed Chinese EV maker Nio proposes a secondary listing of its shares in Singapore
Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker’s third listing location, following its IPO in New York and a secondary listing in Hong Kong. Costfoto | Future Publishing | Getty Images Chinese electric carmaker Nio said Friday that it’s planning a secondary share listing in Singapore. Nio, […]
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Why solo female travelers are joining group tours
Everyone told me not to travel solo during a pandemic. Especially not to learn snowboarding, a sport that not all travel insurance policies cover. It didn’t help that I wanted to visit a country where I don’t speak the language. Administrative matters — such as Covid tests, vaccination certificates and health declarations — would be […]
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Americans view these Asian countries as safer now than before the pandemic
A new study shows American travelers view many Asian nations as safer travel destinations now than they did four years ago. South Korea, Singapore, Thailand, Japan, China and Vietnam rose in the annual safety rankings published by travel insurance provider Berkshire Hathaway Travel Protection. The survey in the 2022 “State of Travel Insurance Report” also […]
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Hong Kong residents are flocking to Singapore, snapping up rental homes
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was […]
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Singapore is moving closer toward pre-pandemic living
Singapore is set to ease most Covid measures from April 26, authorities said. Lauryn Ishak | Bloomberg | Getty Images SINGAPORE — Singapore is set to remove nearly all virus safety measures from Tuesday as the city-state seeks to return to pre-Covid living, authorities announced on Friday. There will be no more social distancing or […]
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Singapore tightens monetary policy to rein in inflation as growth slows in the first quarter
Signage for the Monetary Authority of Singapore is displayed outside the central bank’s headquarters in Singapore, on October 22, 2019. Singapore’s central bank tightened its monetary policy on Thursday, saying the widely forecast move will slow the inflation momentum. Ore Huiying | Bloomberg | Getty Images Singapore’s central bank tightened its monetary policy on Thursday, […]
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Here are the 3 top trends for Asia’s start-up scene in 2022, according to Microsoft
For entrepreneurs in Asia, the future seems brighter than ever. More so than elsewhere in the world, Asia “leapfrogged other forms of connectivity” to become so-called “mobile-first,” said Jesus Martin, chief strategy at Microsoft Asia. “And because Asia went mobile-first, mobile became the platform that underpinned innovations and new business models.” Mobile first refers to the strategy […]
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