As an economic barometer, the tourism industry is among the first to bear the brunt of economic slowdown and grapple with uncertainties on future directions. The challenge to find the next big opportunity is getting tougher, as it requires looking beyond the obvious to identify underlying trends and make accurate predictions. So what are the genuine needs of today's global travelers? What gaps are there in the market?
Amendment to Article 251: In addition to food, agricultural products or other industrial or agricultural necessities, one who stocks up the living necessities designated by the Executive Yuan with the intention to inflate the price and refrains such objects from selling to the market without justifiable reasons shall be sentenced to imprisonment for no more than 3 years.
Singapore has boosted its credentials as an international fund management hub with the introduction of a new corporate structure – the Singapore Variable Capital Company (VCC). The intention is to expand Singapore’s suite of domestic vehicles available for use by hedge fund, private equity and real estate fund managers, bringing it into closer alignment with its competitors.
Content Types: ArticleRegions & Countries: Hong KongIndustries: Banking & Finance
The Hong Kong Monetary Authority (HKMA) granted the first batch of three virtual banking licences, which permit banks to operate online in the city without physical branches, in March. It is the latest in a series of moves to help spark innovation in the city and strengthen Hong Kong’s position as an international financial hub.
Content Types: NewsletterRegions & Countries: MalaysiaIndustries: Information Technology
PG Mall, a privately owned Kuala Lumpur, Malaysia-based e-commerce marketplace operator, is looking at forming strategic tie-ups through various means, including through a minority stake sale to a regional Internet or e-commerce firm, to help scale its operations in Southeast Asia, said Founder and Managing Director Louis Ng.
It is fascinating to follow the journey of an agile organization; more so in case of an airline as running the same tends to be riddled with deep-rooted challenges. And when one thinks of how a European carrier is looking at digitizing touchpoints in China, it makes the evaluation even more riveting.
Macrogen is a precision medicine and biotechnology company based at the Genomic Medicine Institute of the Seoul National University College of Medicine. The majority-stake investment will give Microba access to Macrogen’s global sales and business networks.