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Aradhana Aravindan

Southeast Asia's internet economy to hit $300 billion by 2025: report

Oct 03 2019

SINGAPORE Southeast Asia's internet economy is forecast to reach $300 billion by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said on Thursday.

Southeast Asia's internet economy to hit $300 billion by 2025: report

Oct 03 2019

SINGAPORE Southeast Asia's internet economy is forecast to reach $300 billion by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said on Thursday.

Southeast Asia's Internet economy to hit $100 bln this year - report

Oct 03 2019

SINGAPORE, Oct 3 Southeast Asia's Internet economy was forecast to grow 39% this year to $100 billion as millions of people in region went online to shop for the first time and ride-share firms grew in popularity, an industry report showed on Thursday.

Volocopter eyes launch of its electric helicopter taxis in Singapore

Sep 30 2019

SINGAPORE, Sept 30 German startup Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride.

Singapore luxury apartment sales hit 11-year high, driven by Chinese demand

Sep 20 2019

SINGAPORE Sales of Singapore apartments worth at least S$10 million ($7.3 million) have hit an 11-year high, fueled by increased demand from Chinese millionaires seeking safe-haven assets, say property consultants OrangeTee & Tie.

Singapore's Vertex adds $290 million venture fund for high-growth tech firms

Sep 12 2019

SINGAPORE Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia's ride-hailing giant Grab, has added a new $290 million venture capital fund targeting investments in high-growth technology firms, a senior company official said.

As election nears, Singapore may raise spending to ease economic pain

Sep 06 2019

SINGAPORE Singapore is expected to roll out a generous budget ahead of an election as the ruling party seeks to appease voters who are feeling the pinch from a sharp economic downturn, analysts say.

Singapore leader in waiting seen as 'cut from same cloth' as Lee family

Sep 05 2019

SINGAPORE Mild-mannered, studious and seen as "cut from the same cloth" as his predecessors, Singapore Finance Minister Heng Swee Keat will face the daunting task of reshaping a struggling economy if, as expected, he becomes the wealthy city-state's next leader.

Singapore starts countdown to elections, forms panel for constituencies

Sep 04 2019

SINGAPORE Singapore's next general election could be just months away, with the government announcing on Wednesday that Prime Minister Lee Hsien Loong had formed a panel to review electoral boundaries, an initial step towards calling a vote.

Singapore hotels see best month in years amid Hong Kong turmoil

Sep 03 2019

SINGAPORE Singapore's hotel occupancy rates have climbed to their highest in over a decade as travelers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.

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