Vietnam to see highest increase in wealth growth over the next decade

Vietnam to see highest increase in wealth growth over the next decade

Ho Chi Minh City, Vietnam. Marty Windle | Moment | Getty Images Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements its status as a global manufacturing hub, according to a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & … Read more

Singapore’s first major video game title launches to mixed reviews

Singapore’s first major video game title launches to mixed reviews

Justin Farren, Creative Director at Ubisoft Singapore, reveals “Skull & Bones” during the Ubisoft E3 conference at the Orpheum Theater on June 11, 2018 in Los Angeles, California.  Christian Petersen | Getty Images News | Getty Images Ubisoft Singapore officially launched its first major video game, Skull And Bones, for the PlayStation 5, Xbox Series … Read more

Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

A commercial Aircraft Corp of China (Comac) C919 aircraft operated by China Eastern Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty Images SINGAPORE — China’s homegrown airliner may be the latest challenger to Airbus and Boeing’s passenger jets, but an executive from Airbus said he’s not … Read more

Alibaba bets on overseas businesses amid sluggish growth in China

Alibaba bets on overseas businesses amid sluggish growth in China

The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images Chinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish. One bright spot in Alibaba’s latest earnings report was its international e-commerce business unit, which posted … Read more

Singapore’s AI ambitions get a boost with $740 million investment plan

Singapore’s AI ambitions get a boost with 0 million investment plan

The Singapore River and Merlion Park in the evening Photography By Bobi | Moment Open | Getty Images SINGAPORE — Singapore’s plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said. In his Budget speech on … Read more

Boeing won’t display passenger jets; Airbus, China will

Boeing won’t display passenger jets; Airbus, China will

An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE — Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown … Read more

China Lunar New Year holiday travel spending surpasses pre-Covid levels

China Lunar New Year holiday travel spending surpasses pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, in a sign that consumption was improving in the world’s second-largest economy. Some 474 million domestic trips were made during the … Read more

China to display Comac C919 at Singapore Airshow. What else to expect

China to display Comac C919 at Singapore Airshow. What else to expect

A model of Comac’s C919 aircraft at the Singapore Airshow on Feb. 6, 2018. SeongJoon Cho / Bloomberg / Getty Images SINGAPORE — China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow. Touted as a competitor to Boeing’s 737 and the Airbus … Read more

Asian currencies that will benefit the most from the Fed’s rate cuts

Asian currencies that will benefit the most from the Fed’s rate cuts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good news for the dollar, some … Read more

expects surplus; household, business support

expects surplus; household, business support

Lawrence Wong, Singapore’s deputy prime minister and finance minister. Kiyoshi Ota | Bloomberg | Getty Images SINGAPORE — Singapore’s budget deficit widened more than expected in 2023 but the country expects a small surplus in the 2024 financial year, Deputy Prime Minister and Finance Minister Lawrence Wong said in his budget speech on Friday. The … Read more