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SINGAPORE -- Singapore-based tech group Grab Holdings on Thursday announced its first-ever stock buyback plan, in an attempt to shore up investor confidence after years of tepid share price performance.
The city state hosted regional headquarters for 4,200 multinational firms in 2023, extending its lead and dwarfing the 1,336 found in Hong Kong, its main rival, according to a Bloomberg Intelligence report that details Singapore’s rise in the perennial battle to be known as Asia’s premier business destination.
Asia-Pacific's travel sector is seeing strong growth, with demand for flights set to match pre-pandemic levels this year — thanks to Chinese tourists.
German food delivery giant Delivery Hero announced it has ended negotiations with an undisclosed third party regarding the potential sale of its Foodpanda business in selected Southeast Asian markets, where it is attempting to downsize.
BANGKOK – Thailand Prime Minister Srettha Thavisin said on Feb 22 his government plans to roll out more measures to boost tourism, including incentives to lure global artistes to stimulate South-east Asia’s second-biggest economy.
Observers who spoke to This Week in Asia said such grants were likely to be given out based on investment returns, although these came with inherent “risks” such as no-shows by stars. They added that other factors, such as infrastructure, stability of the country and connectivity, also weighed in the minds of concert organisers.
Feeling frustrated at her employer’s son for being slow in getting ready for school, a domestic worker dragged, slapped and kicked the eight-year-old who was a special-needs child.
SINGAPORE — Boeing touted its 737 Max aircraft as "the safest airplane" and said China's latest domestic jetliner Comac C919 is similar to offerings by Airbus and Boeing that are already in the market.