New rivals to Grab emerge in Southeast Asia after Uber merger

New rivals to Grab emerge in Southeast Asia after Uber merger

JAKARTA/SINGAPORE — At the entrance of a mall in downtown Jakarta, shoppers wait with smartphones in hand for motorcycle taxis to arrive from the Singapore-based ride-hailing company Grab, or its homegrown rival, Go-Jek. A woman sitting on the back of a motorbike says she books rides almost every day. Similar scenes play out in cites […]

Phinisi-style superyacht wins at Asia Boating Awards

Phinisi-style superyacht wins at Asia Boating Awards

Dunia Baru, a 51-meter-long phinisi-style superyacht, was named Best Asia-based Charter Company at the 2018 Asia Boating Awards. Announced on April 11 at ONE°15 Marina Sentosa Cove in Singapore, the awards, hosted by the Asia-Pacific Boating and China Boating magazines, celebrated the best of the superyacht industry in Asia. Dunia Baru bested five other Asia-based charter […]

Alafouzos agrees to sell Panathinaikos to Pan Asia for just one euro

Alafouzos agrees to sell Panathinaikos to Pan Asia for just one euro

Panathinaikos owner Yiannis Alafouzos announced on Saturday he has accepted the proposal of the Pan Asia Investment fund for the acquisition of his controlling stake in the Athens soccer club. In a statement that Alafouzos’s office has released, it is revealed that he has sent a letter to the investment fund accepting the proposal which […]

Building a Climate-Resilient South Asia

Building a Climate-Resilient South Asia

A World Bank Spring Meetings panel discussed concrete climate actions and adaptation strategies to build a more climate-resilient South Asia. Last summer’s monsoon hit South Asia particularly hard and left nearly 1,400 people dead and displaced millions of others. In the last sixty years, such weather extremes have become more common in the subcontinent and, […]

Cheap and cheerful: Street traders undervalued in Asia's cities

Cheap and cheerful: Street traders undervalued in Asia's cities

KUALA LUMPUR (Thomson Reuters Foundation) – As a seemingly never-ending line of office workers patiently wait to be served lunch at a makeshift food stall in Malaysia’s capital, owner Masidah Jais takes a well-earned break. A street-food vendor serves customers in Kuala Lumpur, April 13, 2018, Thomson Reuters Foundation/Michael Taylor With the help of her […]

Automation in Africa, Asia and the Middle East is booming, ABB CEO says

Automation in Africa, Asia and the Middle East is booming, ABB CEO says

Swiss engineering giant ABB is seeing strong growth momentum in developing markets ranging from Asia to Africa, the president and chief executive told CNBC Thursday. “Asia, Middle East and Africa is really performing very well,” ABB’s Ulrich Spiesshofer told CNBC’s “Squawk Box Europe” Thursday, following the company’s first-quarter earnings report that showed a 20 percent […]

Dubai's Channel 2 gets Asia Cup and IPL rights

Dubai's Channel 2 gets Asia Cup and IPL rights

Mumbai: Dubai-based Channel 2 Group has got the audio rights for the Asia Cup to be held in the UAE from September 13 to 18. The group has already bagged audio rights for the Indian Premier (IPL) and has been relaying commentary to the UAE fans in English, Hindi and Malayalam. This has come as […]

Asia Briefs: Students in birthday beating video nabbed

Asia Briefs: Students in birthday beating video nabbed

Students in birthday beating video nabbed PETALING JAYA • Nine secondary school students in Malaysia have been arrested in connection with a viral video which saw a secondary school student being beaten by his classmates to “celebrate” his birthday. Police said the nine 17-year-old boys were arrested on Monday before being released on police bail. […]

Asia IPO Bankers Continue Game of Musical Chairs With UBS Moves

Asia IPO Bankers Continue Game of Musical Chairs With UBS Moves

The recent game of musical chairs is continuing for bankers selling initial public offerings in Asia, with UBS Group AG the latest to announce changes. UBS appointed Hannah Malter as Asia head of equity capital markets syndicate, effective immediately, it said Monday in an internal memo obtained by Bloomberg. Malter, who formerly worked as Asia-Pacific […]

1 2 3 13