Asian tourism boosts demand for low-cost airlines

The Aviation sector in Southeast Asia (SEA), especially for booming economies like India, Singapore, Indonesia, Thailand, Malaysia, Vietnam, Philippines, has witnessed a huge surge in Low-Cost Carriers (LCCs). They have emerged as the core lifeline for all these tourism-dominated hubs. The SEA Aviation Market is poised to touch a staggering USD 43.57 Bn in 2028 […]

Andrew McGinn joins Capco as partner and SEA Digital Lead

Capco, the global technology and management consultancy, has appointed Andrew McGinn as a Partner and South East Asia (SEA) Digital Lead, based in Singapore. Andrew will deliver digital strategy and transformation initiatives for clients, drawing on his extensive knowledge and experience. Andrew has over 15 years of experience, including technology-focused senior leadership roles at Boston Consulting Group, Accenture subsidiary Javelin […]

Deliveree digitizes Logistics in SEA, raises USD 70Mn

Deliveree recently announced the closing of its USD 70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings total funds raised to USD 109 million over the past 5 years. Deliveree sources added that the proceeds from the firm’s Series C round will […]

SeaX Ventures pools $60 Million Fund II for expansion of Global startups in SEA

SeaX Ventures (Southeast Asia Exponential Ventures) announced recently the closure of its second fund to help accelerate the growth of global startups throughout Southeast Asia. According to the firm’s sources, this fund is dedicated to investing in firms operating on truly transformational prospects in sectors comprising blockchain & web3, foodtech, biotech & life science, artificial […]

Half of the workforce in Singapore could switch jobs this year: Qualtrics Report

As organisations across Singapore navigate record job vacancies in the race for talent, new Qualtrics research reveals the volume of employees planning to remain with their current employer for the next 12 months is just 53 per cent – the lowest of any country in Asia Pacific. The Qualtrics findings – taken from the Qualtrics 2022 […]