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Industries

Singapore’s Changi Airport Voted World’s Best

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For the second year in a row, Singapore’s Changi Airport has been voted the World’s Best Airport by air travelers.


Malaysia Ranked as World’s Best Manufacturing Destination

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Malaysia has ranked as the world’s top destination for manufacturing enterprises in the 2014 Manufacturing Index, conducted by global property agents Cushman & Wakefield.


China’s First Onshore Bond Default: A New Precedent

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While the default of Shanghai Chaori sets a new precedent for the bailout of mainland firms by the PRC, claims that the default may precipitate ‘China’s Lehman moment’ miss the big picture. Rather, Chaori’s default is the first step towards the adoption of a more selective bailout strategy.


Jakarta Develops as Asian Haute Couture Capital

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As Asian consumers become more wealthy, so will a desire to display regional influences in how the fashion-conscious present themselves, with Indonesia leading the way.


Manila to Compete with Las Vegas and Singapore Over Casinos

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The Philippines is setting its sights on becoming the world’s second largest gaming market, as the Entertainment City complex in Manila, owned by state-run agency Philippines Amusement and Gaming Corporation (PAGCOR), continues to develop.


Chinese Tourists Become Biggest Spenders in Singapore

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Chinese tourists spent almost SGD$1.52 billion (US$120 billion) in Singapore in the first half of 2013, according to figures released by the Singapore Tourism Board (STB). The tourism receipts, which excluded spending on sightseeing and entertainment, would have been even higher if these were factored in. Compared to the same period in 2012, tourism receipts from China grew by 25 percent — the largest increase of any country.


Indonesia Prepares For Demographic Changes

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Indonesian President Susilo Bambang Yudhoyono has said the country must begin preparing for challenges posed by the nation’s rapidly increasing population. Indonesia’s population is poised to break the 300 million mark by 2035, which would make it the fifth most populous.


China Set To Lose Foxconn to Indonesia

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Reuters has reported that Taiwan’s Foxconn Technology Group, the major supplier of Apple’s iPhones and iPads, is set to relocate their high-end manufacturing to the United States and low-end manufacturing to Indonesia. As manufacturing prices in China rises, and labor unrest increases, Foxconn is looking to diversify its supply chain.


Japan and the Philippines Join to Develop Information and Communication Technologies

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Japan and the Philippines announced plans this week to increase cooperation in the Information and Communications Technologies (ICT) sector, a step that is expected to not only boost business and commerce opportunities between the two nations, but also facilitate the sharing of emergency relief technologies. The announcement was made during a joint statement released by […]


India: the Developing Market of Choice for UK Investment

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DELHI – India emerged as the developing market of choice among British investors, attracting US$31 billion (Rs 1.9 lakh crore) in investments over the last ten years alone. The figures came from an analysis of mergers and acquisitions statistics over the past decade, conducted by international law firm Freshfields Bruckhaus Deringer. “When it comes to […]


 

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