Airbnb mixes business with leisure

INITIALLY targeted at mainly tourists, the home-sharing platform Airbnb is now becoming increasingly popular among business travellers in the Asia-Pacific (APAC), according to David Holyoke, the company's global head of business travel...

A merger to better serve Singapore Inc

UP until around the turn of the century, the conventional wisdom about corporate evolution was that companies should establish themselves in their domestic market first, and then venture overseas. In the 1990s therefore, it would have been typical for a seasoned tycoon to advise a young...

Airbnb offers concessions to get home-sharing rules relaxed

HOME-sharing platform Airbnb is willing to let building managements in Singapore access its booking system to monitor the comings and goings of Airbnb guests, according to the company's co-founder and chief strategy officer Nathan Blecharczyk. ...

Turkish PM hails FTA with Singapore

TURKEY'S Prime Minister Binali Yildirim has hailed the Turkey-Singapore Free Trade Agreement (TSFTA), which was ratified by the Turkish parliament on Aug 16, suggesting that it could lead to a boom in bilateral trade between the two countries...

India's economy: a story of success, failure, hope

ON THE eve of India's independence from Britain 70 years ago, The Times of India reported "frenzied enthusiasm" and "wild scenes of jubilation" across the land. But despite the triumph of having overthrown colonial rule, the country was in a dire state. It had just been...

The prescient iconoclast

MEGHNAD Desai is a polymath of the social sciences. He has been a professor at the London School of Economics. He has also been a politician, affiliated to Britain's Labour party and a member of the UK House of Lords since 1991. ...

A milestone in the disruption of retail - for now

TODAY, Singapore's e-commerce witnesses its big bang...

Singapore property at a turning point?

What was the most significant development this week?

India's GST could lead to chaos, but then be a game changer

TODAY, India introduces a goods and services tax (GST) in what is billed as its greatest tax reform since independence. But a closer look suggests that this has the potential makings of a transformational idea on paper botched in practice. The tax, as designed, will be so complex to administer that...

Asean isn't quite a miracle yet

WITH the 50th anniversary of the Association of South-east Asian Nations (Asean) coming up on Aug 8, now is an opportune time to take stock of the grouping's achievements and shortcomings...

Danger signs for Asia

TWENTY years ago, the International Monetary Fund (IMF) was in the headlines almost every day all over Asia. 1997 was the year of the Asian financial crisis, which started in Thailand and then spread like a contagious fever across the region. The IMF, which is supposed to be the world's number...

Trump dumps Paris

For the umpteenth time this year, the news of the week has been dominated by the antics of US President Donald Trump.

Markets are ignoring serious risks, says Citigroup chief economist

FINANCIAL markets are "completely ignoring" serious downside risks to the global economy emanating from sources such as China, Brexit, the US economy and the European Union (EU), Citigroup's global chief economist Willem Buiter has said...

Mr. Bulldozer

INDIA'S Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) government were elected in a landslide in 2014 on a platform that focused overwhelmingly on economic development and good governance. A favourite election slogan was "Sabka saath, Sabka vikas". ("Together...

Mrs May's June surprise

Yet again, quite a lot to choose from: More sabre-rattling between Washington and Pyongyang as US Vice-President Mike Pence visits Tokyo and Seoul and delivers a stern message to the North Korean regime after it mounts an ostentatious display of its missile capabilities at a military parade last...

Ireland well placed to attract financial services post-Brexit: finance minister

IRELAND is well positioned to attract a range of financial services after Britain's exit from the European Union (EU), according to Irish Finance Minister Michael Noonan...

Redesigning travel

IN 2016, more than 80 million people stayed at properties listed on the accommodation sharing platform Airbnb, which has over 3 million listings in about 65,000 cities spanning 191 countries and counting.

Changing the game for SME and startup financing

The own-goals of the Trump administration continue to provide grist for the journalistic mill. The latest snafus include the sudden resignation this week of President Donald Trump's National Security Advisor Michael Flynn and the withdrawal of Mr Trump's nominee for Labor Secretary, the...

Five keywords for the future economy

THE Committee on the Future Economy (CFE) has produced a wide-ranging blueprint to guide the Singapore economy on the next phase of its journey in the brave new world of innovation and disruption. Its report sets out seven core objectives for Singapore: deepen and diversify its international...

CFE hits most of the right notes

LOOK at the age we live in. A computer can beat the world champion at chess, backgammon and Go. Cars can drive themselves. Humanoid robots can successfully counsel autistic children. Data analytics can predict the risk of diseases in entire populations. Having a job can mean performing tasks for...

A nice new-year present, but headwinds ahoy

AS we embark on 2017, the Singapore economy has just delivered a nice little new year present.

Trump sets the stage for US-China tensions

1 What do you think was the most remarkable thing that happened this week?

The post-truth world of unpredictable politics

LOOKING back at the punditry that preceded the US election, one of the few forecasters who distinguished himself was Geda, a mystical monkey who hangs out at the Shiyan Lake Ecological Tourism Park in China's Hunan province...

Mr Cool

NOT long after the US subprime crisis first hit the headlines in 2007, the venerable Swiss bank UBS found itself in a near-death situation. It had racked up losses which were eventually to total about 50 billion euros (S$76.8 billion), mostly the result of its investment banking activities in the...

Thailand's plunge into darkness

What do you think was the most remarkable thing that happened this week?