Grab with fresh money

Grab with fresh money

Singaporean Grab is to receive a new round of funding to further strengthen its market position and fuel the development of GrabPay. Main investors are Japanese SoftBank as well as Chinese competitor Didi Chuxing who are expected to invest around $ 2 billion; an additional 500 million are expected to be raised from existing and […]

Flying taxis – soon in Singapore?

Flying taxis – soon in Singapore?

In its vision for urban mobility 2030 recently the Singapore Ministry of Transport revealed various ideas they have initiated, from human-carrying drones, driverless pods, to on-demand busses. Singapore is using its available data on transport and development in artificial intelligence to address its land and manpower constraints. Further, in selected areas existing bus routes are […]

Fly from KL to Honolulu – with a budget carrier?

Fly from KL to Honolulu – with a budget carrier?

No holiday plans yet for this year? No budget? Well, there is good news from Malaysia’s biggest low cost airline: Air Asia is planning to flights from KL to Honolulu in the first half of 2017. Currently still awaiting the approval from the US Aviation Administration, the connection will link KL, stop-over Osaka, and Hawaii. […]

Shop till you drop – on social media platforms

Shop till you drop – on social media platforms

Social media platforms are redefining e-commerce in South East Asia (SEA). Approximately a third of online purchases are being done on social media platforms such as Instagram, Facebook and Line. This compares to less than 10% purchases of internet users in the US. Social media sites are responding accordingly with tools for SME vendors specifically […]

Haze covering South East Asia

Haze covering South East Asia

  It is the time of the year again: every year forest fires in Sumatra and Kalimantan are the cause for a “haze” that spreads across South East Asia (SEA). Depending on the weather conditions in Indonesia and the rest of the region, the duration and also the spread of the smoke varies. So far […]

Hawker stall goes Michelin Star in Singapore

Hawker stall goes Michelin Star in Singapore

If you always thought that Michelin Star food must be not only absolutely delicious, but also absolutely expensive, think again. The first ever hawker street food has just been awarded a Michelin Star. Chan Hon Meng makes Hong Kong style chicken rice and noodles – one of the typical dishes in the region. The chef […]

Indonesia plans new rules for internet companies

Indonesia plans new rules for internet companies

The WSJ reports Indonesia is planning to introduce new regulations which requires Internet companies to establish a permanent physical presence in Indonesia either through setting up their own company or partnering up with a local player. Indonesia aims at companies paying lower taxes on their operations incl. advertising.

Japanese retailer AEON accelerates expansion in SEA

Japanese retailer AEON accelerates expansion in SEA

AEON is accelerating its expansion into South East Asia. The retailer, that generates approx. 30% of its operating profit in SEA, is expanding strongly in Thailand and Vietnam, and also building its presence in Indonesia. Currently, Malaysia is AEON’s biggest country in the region. In May 2015 AEON opened its first mall in Indonesia: the […]

South East Asia’s growth slowing

South East Asia’s growth slowing

South East Asia’s largest economies are expected to grow 4.1% in 2015. Whilst this remains a very solid growth rate in comparison with other regions, it is nonetheless the slowest growth rate since the financial crisis in 2009. Latest trends are showing that the regions development is slowing down mainly due to three factors. First, […]