Indonesia’s foreign tourist tax may hurt businesses, industry groups warn
Industry insiders cautioned that the government needed to be mindful about Indonesia’s positioning in light of global market demand.
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Alibaba shows off its generative AI technology
Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and advised shoppers on types of makeup to purchase in a filmed…
Asia may grow faster than developed economies: Morgan Stanley
Asia's economic growth could outpace developed countries, driven by China's easing of Covid-19 curbs, strong domestic demand and interest rates staying in less-restrictive…
Deeper financial turmoil would slam global growth: IMF
The IMF also raised its 2023 core inflation forecast to 5.1 per cent, from a 4.5 per cent prediction in January 2023.
Apple ups ante in Samsung’s home ground
Despite Samsung's unrivaled dominance, Apple pins high hopes on Gen Z, half of whom are iPhone users.
Changi ranks 9th among world’s busiest airports in 2022 for international passengers
The airport was the world’s ninth busiest, with a total of 31.9 million travellers passing through, according to the ranking by Airports Council International (ACI) World.
Chinese outbound travel boom expected from April 29 to May 3
Thailand, New Zealand and the Maldives remain the most popular destinations even as the Middle East and Europe grow in popularity, tourism industry insiders said.
Mukesh Ambani ranked 9th in Forbes World’s Billionaires List 2023; richest in Asia
His estimated net worth is US$83.4 billion, allowing him to retain his position as the wealthiest individual in Asia.
Singapore is top Asian city in Smart City Index, ranks 7th worldwide
The smartest cities in the world in 2023 are Zurich in the No. 1 spot, followed by Oslo and Canberra, according to the index which takes into account input from the cities’…
Australia to ban TikTok on government devices over security concerns
The ban underscores growing worries that China’s government could use the Beijing-based company, owned by ByteDance, to harvest users’ data to advance its political agenda.