How data centers became billion dollar real estate investment
The U.S. is home to the majority of the world’s data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according …
Digitization
China, India lead as digital wallets overtake cash and cards in Asia
Consumers from China and India were the biggest users of digital wallets for both online and physical sales. D3sign | Moment | Getty Images Digital wallets are the fastest growing …
Passport-free travel in Singapore is here, but not where you may think
Singapore made global headlines last year when the government announced that biometric processing will replace travel document verifications at Changi Airport in the first half of 2024. But the city-state …
Gen Zers lead the way in Singapore’s online shopping space
Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty Images …
Asia’s young and rich are fueling art demand — what are they collecting?
Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in …
As Singapore’s aging population grows, businesses court older spenders
Citizens aged 65 and above make up almost a fifth of Singapore’s population in 2023. Nicky Loh | Bloomberg | Getty Images SINGAPORE — Singapore’s population is aging fast. Citizens …
How Wall Street’s REIT giants are reshaping U.S. real estate
U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is …
ASEAN moves closer to economic unity with new regional payments system
Indonesian President Joko Widodo makes a speech during the Association of Southeast Asian Nations (ASEAN) Foreign Minister’s Meeting in Jakarta, Indonesia on July 14, 2023. Murat Gok | Anadolu Agency …
Vietnam’s digitalization efforts fuel startup scene
Vietnamese employees working inside the French IT company Linkbynet in Ho Chi Minh City. A decade ago app technology would likely have been developed in California’s Silicon Valley, but today …