Business Insights

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Latest Business Insights

$82.9 Million Contract Secured to Upgrade Puerto Princesa Airport

The Philippines Department of Transportation and Communications (DoTC) has awarded a $82.9m design-and-build contract to a joint venture (JV) to upgrade Palawan’s Puerto Princesa International airport.

By Editorial Team

Xiaomi Flagship Mi3 Smartphone for Sale from Today

Yesterday, Chinese Smartphone maker Xiaomi announced that it will release its flagship Mi3 device in Malaysia today, via their mi.com/my website. The unlocked 16GB version of the device retails for RM889 (approximately $277), and will ship with a brand new Malaysia-themed skin for its MIUI firmware. Singapore also got their own MIUI skin when the Redmi device was launched earlier this year. The company added that the Redmi 1S, the upgraded version of its low-mid entry level Smartphone, will make its way to Malaysia in a month’s time, with a further hope to reach the markets in India, Russia, Turkey, Mexico and Brazil by the end of the year.

By Editorial Team

Uncertain Future for Singapore Flyer

The Singapore Flyer, often scrutinised for its similarities to the London Eye in the UK, has been under pressure to continue being a financial viable tourist attraction.

By Editorial Team

China Financing $3.8bn East African Railway Development

$3.8bn railway project will connect the capitals of the East African Community (EAC) trade block to the Kenyan port of Mombasa.

By Editorial Team

SingTel and StanChart Launch Mobile Money Service

SingTel and Stanchart has jumped on the mobile payment bandwagon and have created a new app.

By Editorial Team

Singapore Employees Work out of the Library

Three public libraries in Singapore allow workers to access office facilities in Smart Work Centres.

By Editorial Team

PacificLight Power : First Liquefied Natural Gas Power Plant Begins Operations

The first power plant by Singapore based company, PacificLight Power, that fully operates on liquefied natural gas (LNG) has begun operations, the company CEO Yu Tat Ming announced.

By Editorial Team

SoftBank : Personal Robots on Sale Next Year in Japan

SoftBank, a Japanese Corporation, announced on Thursday that as of February next year it will start selling human-like robots for personal use, addressing labour shortages in one of the world’s fastest ageing societies.

By Editorial Team

World Environment Day

World Environment Day is the opportunity for everyone to realise the responsibility of caring for the Earth and to become agents of change.

By Editorial Team

PT Electronic City : Retailers Favour China for Expansion

Indonesian electronic goods retailer PT Electronic City (ECII) aims to open 15-20 more stores this year as part of its capital expenditure program for 2014.

By Editorial Team