Home / Tag Archives: Industry (page 2)

Tag Archives: Industry

China’s ‘Golden Week’ Kicks Off in Boost to Battered Tourism Industry

Along the Great Wall, extra security guards have been deployed to deter rowdy tourists. Hotel bookings in Lhasa, the capital of Tibet, have risen 600 percent from the same period last year. In Wuhan, where the coronavirus outbreak began late last year, visitor demand for the city’s Yellow Crane Tower …

Read More »

Microsoft’s Bethesda deal will spur more acquisitions and industry upheaval

GamesBeat Summit Watch every session from the annual event On Demand Watch Now Microsoft’s $ 7.5 billion acquisition of ZeniMax Media (the owner of Bethesda Softworks, Id Software, and other studios) will change the gaming landscape, and we’ve been collecting some hot takes on what it means for the industry …

Read More »

SIA, Airbus And Now Boeing – Will S’pore’s Aviation Industry Continue To See Retrenchments?

Boeing Asia Pacific Aviation Services (Bapas), a joint venture between The Boeing Company and SIA Engineering Company, will be retrenching 13 per cent of its workforce. 27 employees of the 204-strong workforce at Bapas will be affected by the retrenchment exercise. After the retrenchment exercise, 82 per cent of its …

Read More »

Suntec Lays Off Half Its Workforce – How Long Can The Industry Cope With No Events In S’pore?

Nearly half the workforce of Suntec International Convention and Exhibition Centre (SICEC) will be retrenched. Suntec Singapore jointly announced the news with the Building Construction And Timber Industries Employees’ Union (BATU) yesterday (28 August). The convention centre currently employs 178 staff. After the retrenchment exercise, 85 jobs will be lost …

Read More »

A US$1Trn Industry: How S’pore Firm TiffinLabs Plans To Open 1,000 Cloud Kitchens Globally

Founded by Singaporean billionaire R. K. Kishin, virtual F&B brand TiffinLabs is expanding to 1,000 cloud kitchens worldwide. The kitchens can serve over 15 million households in its delivery zones. TiffinLab’s four co-founders — R. K. Kishin, Shaun Smithson, Sam Ahmed and Phuminant Tantiprasongchai (Nant) — all left their leading …

Read More »

This S’pore Startup’s Lab-Grown Breast Milk Is Disrupting The US$2.6B Infant Formula Industry

The instant formula industry is projected to more than double from US$ 2.66 billion (S$ 3.69 billion), to US$ 5.07 billion (S$ 7.03 billion) by 2026. And this growth isn’t set to stop anytime soon. Dietary practices and increased awareness of infant development needs have led to upgrades in the …

Read More »

Sexual abuse allegations rock the game industry again

The game industry reached a new boiling point this week as more than 200 people made allegations of sexual assault, rape, and harassment. They took to social media to tell harrowing tales of overcoming fear of ostracism and proceeded to relate stories of disgusting behavior by their abusers. This week feels …

Read More »

5 Practical Tips For Airbnb Hosts To Survive MCO And Its Aftermath, From Industry Experts

In 2019, the Malaysia tourism industry brought in 26.1 million tourists who spent around RM86 billion, an increase of 2.4% compared to 2018.  However, with the pandemic, Malaysia’s tourism industry is expected to make a loss of RM3.37 billion within the first two months of the year, and experts are …

Read More »