Singapore

Gojek and other ride hailers in Southeast Asia are battling a shortage of drivers as economies open up from the pandemic. (Photo courtesy of Gojek) 
Transportation

Gojek teams up with top Singapore taxi firm to ease driver crunch

Indonesian ride-hailer aims to tap ComfortDelGro's fleet of 10,000 cabs

28 November 2022
The region's largest tech platforms have reduced their total workforces by as much as 10% this year, with some signaling even further cuts.
Technology

From Sea to GoTo, tech layoffs mount in ASEAN: 4 things to know

Region's platforms hit brakes on aggressive hiring amid market chill

25 November 2022
Singapore's nonoil exports shrank 5.6% on the year in October, breaking a nearly two-year streak of consistent expansion.
Economy

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

City-state trims Q3 figure for this year, expects 'around 3.5%' expansion in 2022

23 November 2022
At least nine Singapore and Hong Kong upstarts this year have announced plans to go public with SPACs listed in America. (Nikkei montage/Reuters)
Market Spotlight

Tech startups shun Singapore and Hong Kong for U.S. SPACs

Blank-check companies in Asian financial hubs show little results

21 November 2022
U.S. Vice President Kamala Harris will meet with President Ferdinand Marcos Jr. in the Philippines on Nov. 21.
Your Week in Asia

Taiwan local elections, Harris in Philippines, ASEAN defense ministers meeting

Your weekly lineup of Asia's biggest business and political events

20 November 2022
Larger than life: South Korean forward Son Heung-min adorns a skyscraper in Doha ahead of the FIFA World Cup, hosted by Qatar this year.
Business Spotlight

Why Asia Inc. is rushing to sponsor the Qatar World Cup

Concerns over human rights take back seat to reaching global audience

18 November 2022
Investors have shied away from risky, volatile assets like cryptocurrencies this year as central banks back away from easy monetary policies to tame rising inflation.
Cryptocurrencies

FTX collapse spells more 'crypto winter' pain to come

Temasek to write down entire investment in failed crypto exchange

17 November 2022
Grab's delivery business logged adjusted EBITDA of $9 million for the July-September quarter.
Technology

Singapore's Grab breaks even on deliveries ahead of schedule

Superapp narrows Q3 loss to $342m with reduced incentive payouts

17 November 2022
An outdoor office on the Indonesian island of Nusa Lembongan. The unprecedented dearth of tourism caused by pandemic shutdowns has prompted many governments in Southeast Asia to reevaluate digital nomads as a source of long-term income, rather than a nuisance. (Getty Images) 
Tea Leaves

Digital nomads push Southeast Asia's boundaries

New visa rules help remote workers, but need careful consideration

16 November 2022
Singapore-based Sea has been cutting jobs, including those at online retail business Shopee, to slash costs.
Technology

Singapore's Sea seeks to break even in e-commerce by 2023

NYSE-listed tech giant's stock jumps on flat loss

16 November 2022
From left to right, Yessie Mosby, Anjali Viswamohanan, Chongrak Thinagul and Jose Cobangbang IV have a wide range of reasons for being at the world's largest climate summit.
COP27

'Why I'm at COP': Climate summit attendees tell their stories

Huge conference in Egypt drawing thousands of people from around the world

13 November 2022
With the Fed on the warpath this year to hike rates to tame inflation, Singaporean lenders have benefited as interest margins rose, but they now face debt risks. (Source photos by Shinya Sawai and Ken Kobayashi)
Finance

ASEAN banks face sharper debt risks as interest rates rise

From Singapore to Thailand, lenders scrutinize exposure to shaky loans

11 November 2022
A view of "Get to the Point," part of an installation by art collective AWKNDAFFR at Singapore Biennale 2022, also known as Natasha. (Singapore Biennale 2022)
Arts

Thailand and Singapore lead comeback for Asia's art fests

Post-pandemic biennales challenge Hong Kong's regional dominance

11 November 2022
Grab co-founder Tan Hooi Ling talked online with Nikkei reporters after speaking at the Nikkei Global Management Forum on Tuesday.
Global Management Forum 2022

Singapore's Grab sees support plan for gig workers 'necessary'

Superapp co-founder says new regulation should be sustainable for drivers

9 November 2022
DBS's market capitalization stood at $63.4 billion on Monday, just behind that of MUFG at $63.7 billion.
Finance

Singapore's DBS, other Southeast Asia banks gain on MUFG in market cap

Japan's top bank falls behind Indonesia's BCA in total value amid earnings boom

9 November 2022
Speedoc's services include house-call doctors, medication delivery, telemedicine and remote diagnosis. (Source image from Speedoc Facebook page)
DealStreetAsia

Singapore digital health platform Speedoc raises $28m

Company operates as a virtual clinic and hospital care provider

8 November 2022
Hoshino Resorts CEO Yoshiharu Hoshino says Japan's tourism industry relies heavily on domestic demand. (Photo by Hiroki Endo)
8 November 2022
NTT Docomo will invest as much as 600 billion yen ($4 billion) on the next-generation internet technology known as Web3.
Technology

NTT Docomo to invest $4bn in Web3 using mobile infrastructure

Infrastructure and services to be developed for next-generation net technology

8 November 2022
Sapporo has a holding in Yebisu Garden Palace, but the fund is questioning the synergy between Sapporo's alcoholic beverage and real estate businesses.
Food & Beverage

Singapore-based fund pressures Sapporo on management reform

3D wants Japanese brewer's outside directors to be more involved in oversight

7 November 2022
Singapore-based preclinical-stage biotech startup Nuevocor develops gene therapy for the treatment of cardiac diseases. (Photo by AP)
DealStreetAsia

Singapore gene therapy startup Nuevocor snags more funding

Biotech company pulls in another $11.6m from existing investors

4 November 2022
Singapore real estate manager CapitaLand Investment's Chief Financial Officer Andrew Lim said markets like Vietnam and India could increase in prominence amid shocks to globalization. (Source photos by Takashi Nakano and AP) 
Property

Temasek-backed property group eyes Vietnam and India hot spots

Amid China slowdown, CapitaLand Investment treads cautiously on real estate bets

2 November 2022
Singaporean bank UOB has committed to helping six carbon-heavy industries slash emissions.
Climate Change

Singapore bank UOB scraps new loans for oil and gas projects

Lender commits to ambitious 2050 zero-emissions goals for 6 industries

1 November 2022
Seijo Ishii will test the global waters with a two-week pop-up shop in Singapore. (Rendering courtesy of Seijo Ishii)
Retail

Japan upscale retailer Seijo Ishii heads to Singapore for pop-up debut

Supermarket operator to test products and bolster brand in first overseas foray

31 October 2022
Whether Southeast Asia's first-generation startups like Grab and Sea can meet targets and validate business models will test the region's tech ecosystem amid its first-ever market downturn.
Business Spotlight

From Grab to Sea, ASEAN tech confronts end of golden decade

Investors taste first market downturn as unicorn high wears off

28 October 2022
The rise in digital payments mirrors the growth of internet users in the region, who are expected to total 460 million this year. (Photo by Akira Kodaka)
Technology

ASEAN's digital payment market to reach $2tn in 2030: study

Google-led report shows online economy expanding, but with slower growth

27 October 2022