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ASEAN, the 10-member Association of Southeast Asian Nations, includes Thailand, Singapore, Malaysia and Vietnam. For investors seeking emerging market exposure, Southeast Asia fits the bill, because of the region's strong economic growth and increasing population, analysts say. Some Southeast Asia companies seeking listings in the U.S. look to raise between $300 million and $1 billion, with valuations ranging from $1.5 billion to $8 billion, bankers said, without naming any firms. "International investors are seeing the value of portfolio diversification that Southeast Asia provides," Tay added. The expected pickup in Southeast Asian listings, however, could get derailed by share volatility and stringent investor scrutiny, analysts say.

Persons: DoubleDragon, Leif Schneider, Sunil Khaitan, Kelvin Teo, Andrew Lim, Tay Hwee Ling, Tay, Anuruk Karoonyavanich, Yantoultra Ngui, Scott Murdoch, Sumeet Chatterjee, Miral Organizations: Nasdaq, REUTERS, U.S, IPOs, Gushcloud International, Sunday, Reuters, VNG Corp, ASEAN, Association of Southeast Asian Nations, Carsome, Southeast, Bank, America's, U.S ., Deloitte, International, DBS, Thomson Locations: New York City, U.S, Asia, SINGAPORE, SYDNEY, United States, Singapore, New York, Philippine, Washington, Beijing, Vietnam, Thailand, Malaysia, Indonesia, Southeast, Southeast Asia, China, Sydney

☆ Beyoncé and Taylor Swift are 2023’s biggest concert tours. Here’s how they compare, by the numbers
▼ + stars: | 2023-08-25 | by ( Leah Asmelash | ) edition.cnn.com time to read: +1 min

CNN —It’s like the “Barbie” v. “Oppenheimer” of concert tours. For months now, fans have been packing stadiums for Beyoncé’s “Renaissance World Tour” and Taylor Swift’s “Eras” tour, paying up to thousands of dollars for premium seats to see two beloved performers at the top of their game. The tours are cultural behemoths, attracting such celebrities as Paul McCartney, Ariana Grande, Nicole Kidman and yes, “Barbie” director Greta Gerwig while giving a Midas-like boost to the economy of every city they visit. With Swift launching her international dates in Mexico this week and Beyoncé wrapping her tour in Kansas City in October, here’s a by-the-numbers comparison of 2023’s two most monumental entertainment events. History has graced us in this moment with two singular artists, and we fans are the winners.

Persons: CNN —, ”, “ Oppenheimer, Taylor Swift’s, Paul McCartney, Ariana Grande, Nicole Kidman, Barbie, Greta Gerwig, Swift, here’s, It’s Bey Organizations: CNN Locations: Mexico, Kansas City

"The price of global rice prices is particularly worrying," Qingfeng Zhang, a senior director from the Asian Development Bank, told CNBC. Other than India, food inflation has been relatively tame in Asia so far this year. Underscoring how higher food prices erode purchasing power, ADB suggested at that time that a 10% rise in domestic food prices in developing Asia would push 64.4 million into poverty, based on the $1.25-a-day poverty line. Moreover, this spike in rice prices is happening amidst widespread lower food prices. watch nowThis means any spikes in food prices will only translate to food inflation toward the end of this year or early 2024.

Persons: Qingfeng Zhang, El Niño, Niño, Erica Tay, Tay, Tay . Rice, Xi Jinping, Morgan Stanley, Maybank Nomura, Sonal Varma, Si Ying Toh, Nomura, Paul Hughes, Hughes, Global's Hughes Organizations: Istock, Asian Development Bank, CNBC, ADB, United Nations, FAO, Tay . Locations: Ho Chi Minh, Vietnam, Asia, India, Thailand, China, Myanmar, Cambodia, Tay, U.S, El, Australia, Pacific, Singapore, Hong Kong, Indonesia, South Korea, Philippines, Malaysia

CNN —A landslide at a jade mine in northern Myanmar has killed at least 32 people, a local fire services official told CNN on Wednesday. The landslide took place in the remote and mountainous town of Hpakant in the northern state of Kachin on Sunday, said Sa Tay Za of the Hpakant Fire Service Department. Myanmar produces about 70% of the world’s jade and Hpakant is home to some of the world’s biggest and most lucrative jade mines, worth billions of dollars. The group estimated Myanmar’s jade industry was worth about $31 billion in 2014, nearly half of the country’s official GDP that year. More than 160 people died after heavy rain triggered a landslide in a jade mine in Hpakant in 2020.

Persons: CNN —, Sa Tay, Za Organizations: CNN, Fire Service Department, Global, Resource Governance Institute Locations: Myanmar, Hpakant, Kachin, China

☆ TikTokers are scoring huge paydays from its new 'creativity program' that rewards longer videos. 7 creators reveal what they're making per month.
▼ + stars: | 2023-08-14 | by ( Shriya Bhattacharya | Dan Whateley | Jordan Hart | ) www.businessinsider.com time to read: +6 min

TikTok's new Creativity Program Beta is helping some creators earn tens of thousands of dollars. However, she earned just over $5,000 in June from the creativity program. But the creativity program is taking her earnings to a new level. Today, at nearly 2 million followers, Paris' monthly earnings from the creativity program ranged from $9,000 to $13,000. The Cordles were planning on doing the same before they saw how much they could earn through TikTok's creativity program.

Persons: Kay, Tay Dudley, Fortune, Arlene Resendiz, Resendiz, I'm, it's, It's, Zachary Newman, Devin, Hunter Cordle, she's, they'd, we've Organizations: Beta, Victoria Paris, YouTube Locations: New York, Paris

☆ 7 TikTokers share how much they're earning from the app's new creativity program for longer videos, including a couple that earned $87,000 in a month
▼ + stars: | 2023-08-11 | by ( Shriya Bhattacharya | Dan Whateley | Jordan Hart | ) www.businessinsider.com time to read: +6 min

☆ Potential Japanification of China? UBS says the situation is 'completely different'
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPotential Japanification of China? UBS says the situation is 'completely different'Kelvin Tay of UBS Global Wealth Management says China's economy still has huge growth potential over the long run, but the current weakness in the economy means big stimulus is needed and what Beijing has done so far isn't enough.

Persons: Kelvin Tay Organizations: UBS, UBS Global Wealth Management Locations: China, Beijing

A new Indonesian private island, named ONE°15 Marina Nirup Island, opened in July nine miles south of Singapore. The hotel will have 94 rooms and 52 villas, according to the representative. Rendering of a hotel lobby and lounge on Nirup Island, Indonesia, set to open in late 2024. Fifty villas will be for sale, while an additional 30 will be managed by the island's Westin hotel, according to the representative. Arthur Tay, CEO of SUTL Enterprise, said the opening of the marina will ease demand for yachting berths in Singapore.

Persons: Sinar, Arthur Tay Organizations: Westin Hotels, Resorts, PT, SUTL, CNBC Travel Locations: Singapore, Indonesian, Nirup, Indonesia, Southeast Asia, Philippines, Riau

☆ Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
▼ + stars: | 2023-08-03 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Bryan van der Beek | Bloomberg | Getty ImagesSINGAPORE — Singapore-based food delivery apps Grab and Foodpanda are expanding into the dine-in space, as consumers look to eat out more post-pandemic. Foodpanda was the first food delivery companies in Singapore to introduce dine-in features in 2021. Food delivery is currently still Foodpanda's largest business, followed by grocery delivery, he said. In June, food delivery service AirAsia Food launched dine-in services in collaboration with restaurant reservation platform eatigo. Food delivery apps want to help [restaurants] get some business in terms of dining in and booking.

Persons: Bryan van der Beek, Bernstein, Foodpanda, Jakob Sebastian Angele, Jonathan Woo, Phillip Securities Research Angele, TabSquare, Jein, GrabFood's, Tay, Woo, Sachin Mittal Organizations: Central Business District of Singapore, Bloomberg, Getty, SINGAPORE —, CNBC, Phillip Securities Research, AirAsia Food, DBS Bank Locations: SINGAPORE, SINGAPORE — Singapore, Singapore, Thailand, Indonesia, Malaysia, Philippines, Vietnam, Hong Kong, Pakistan, Bangladesh, Asia Pacific

☆ Workers at a Burger King near Atlanta say they're getting sick working with no AC in 95-degree heat
▼ + stars: | 2023-07-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

The exhaust over the grill doesn't even work," Burger King employee and USSW member Arnice Sykes said in a statement. At a @BurgerKing in Decatur, the A/C is broken, workers are getting sick because of it, and Burger King does nothing. We spoke out along with other service workers to demand this extreme heat issue is stopped! Last week, workers at McDonald's locations in Houston, Texas, and Los Angeles each walked out after working without AC during heatwaves. And in Italy, unionized McDonald's workers went on strike as temperatures there reached 104 degrees Fahrenheit.

Persons: Burger, walkouts, Arnice Sykes, I've, Burger King Organizations: Burger King, Service, Dollar, Union of Southern Service Workers, US Occupational Safety, Health Administration Locations: Georgia, Wall, Silicon, Decatur , Georgia, Atlanta

Ministry of Finance data showed on Thursday that exports rose 0.6% year-on-year in May, for the 27th straight month of rises, led by 66% growth in car shipments. Reuters GraphicsThis year, domestic demand may temporarily outpace slumping exports as a key driver of growth, said Takeshi Minami, chief economist at Norinchukin Research Institute. Separate government machinery orders data, also released Thursday, underlined the struggles faced by manufacturers though the overall numbers suggested the services sector is providing some cushion to the economy. U.S.-bound exports, another key market for Japanese exports, grew 9.4% in the year to May on double-digit gain in car shipment. "For the outlook of Japanese exports, the U.S. Fed's rate-hike pause is a positive news that will further vitalise American private consumption", said Kazuma Kishikawa, economist at Daiwa Institute of Research.

Persons: Darren Tay, Takeshi Minami, Kazuma Kishikawa, Tetsushi Kajimoto, Riddhima Talwani, Shri Navaratnam Organizations: Ministry of Finance, Capital Economics, Reuters, Norinchukin Research, Bank of Japan, Daiwa Institute of Research, Thomson Locations: TOKYO, Taiwan, South Korea, Japan, China, U.S

☆ Southeast Asia’s worst-performing stock market is UBS’s ‘top pick’
▼ + stars: | 2023-05-22 | by ( Audrey Wan | ) www.cnbc.com time to read: +3 min

Pita Limjaroenrat, leader of Move Forward Party, attends a press conference of the Thai pro-democracy parties in Bangkok. While the benchmark SET index initially rose when the results came through, but eventually gave up those early gains. In fact, Thai stocks are the worst performers in Southeast Asia this year, but Tay says Thailand is his "top pick" in the region. Thailand's SET index is down 9.22% this year, the biggest laggard in the broader Asia Pacific region. The Move Forward party has called for reforms to the monarchy, including changing its defamation law.

☆ China's property market recovery needs to be more 'broad-based,' UBS says
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's property market recovery needs to be more 'broad-based,' UBS saysKelvin Tay of UBS Global Wealth Management says the sector's recovery is, at the moment, confined to China's Tier-1 cities and government-backed developers.

Services inflation accelerated to 1.7% in April from 1.5% in March, the data showed, suggesting that rising labour costs may be starting to feed into broader consumer inflation. "Given stubborn food price pressures, we now expect underlying inflation to peak at 4.5% by mid-year," said Darren Tay, Japan economist at Capital Economics. "But the inflationary cycle is probably at its tail end - producer price inflation has fallen significantly over the past three months. Ueda has stressed the need to keep monetary policy ultra-loose until inflation is sustainably around 2% and accompanied by wage hikes. He has also said Japan's core consumer inflation will slow back below 2% toward the latter half of the current fiscal year ending in March 2024.

☆ How 2 dancers built TikTok side hustles and how much money they make
▼ + stars: | 2023-05-16 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Dance trends helped TikTok gain traction when the app first exploded in early 2020. TikTok has also helped several trained dancers earn income through brand deals and land jobs. TikTok has revolutionized the dance industry, helping professionals like Mahale earn more money and changing the fabric of choreography itself. From January to March, she made $1,500 in paid brand deals, according to documentation viewed by Insider. TikTok has also helped Mahale get more opportunities as a professional dancer.

☆ How much 2 professional dancers who create content for TikTok on the side have earned from brand deals — and how the app has opened doors for them into TV and film
▼ + stars: | 2023-05-10 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Dance trends helped TikTok gain traction when the app first exploded in early 2020. TikTok has also helped several trained dancers earn income through brand deals and land jobs. From January to March, she made $1,500 in paid brand deals, according to documentation viewed by Insider. TikTok has also helped Mahale get more opportunities as a professional dancer. Tay Marquise, who has 606,800 followers on TikTok, said he's also landed multiple brand deals and part-time opportunities because of his dance videos on the app.

☆ How Do We Ensure an A.I. Future That Allows for Human Thriving?
▼ + stars: | 2023-05-02 | by ( David Marchese | ) www.nytimes.com time to read: +16 min

Some of us would like to slow this down because we are seeing more costs every day, but I don’t think that means that there are no benefits. We may someday have a technology that revolutionizes science and technology, but I don’t think GPT-5 is the ticket for that. Combine that human overattribution with the reality that these systems don’t know what they’re talking about and are error-prone, and you have a problem. I don’t think we should go after an individual who posts a silly story on Facebook that wasn’t true. I don’t think, however, that the technology we have right now is very good for that — systems that can’t even reliably do math problems.

☆ How to put your best travel foot forward for Earth Day 2023
▼ + stars: | 2023-04-22 | by ( Forrest Brown | ) edition.cnn.com time to read: +20 min

But you don’t have to totally cut out travel or stay super close to home to be a good planetary citizen. You need a city that’s dedicated to getting it right to best enjoy an urban biking vacation. Here, we've curated 30 of our favorite corners, including the Thu Bon River, which flows through central Vietnam. A maze of rivers and caves, the UNESCO World Centre is defined by its craggy limestone facades and jade green water. Bruno De Hogues/Photodisc/Getty Images Phong Nha-Ke Bang National Park: A UNESCO World Heritage, Phong Nha-Ke Bang National Park is heaven for spelunkers.

☆ U.S. Fed might start talking about living with a higher inflation target next month, UBS says
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Fed might start talking about living with a higher inflation target next month, UBS saysKelvin Tay of UBS Global Wealth Management says "communication has always been the Federal Reserve's way of managing market expectations and managing the market itself."

☆ Swiss bank Julius Baer makes key appointments in Southeast Asia
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, April 13 (Reuters) - Zurich-based Julius Baer (BAER.S) has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday. Kevin Tay will assume Yee's previous role as group head of South East Asia, with all appointments coming into effect on Thursday, according to the statement. Prior to joining Julius Baer in 2015, he had worked with Credit Suisse, Deutsche Bank and J.P. Morgan, according to Thursday's statement. The appointments come as Julius Baer intensifies its focus on Asia, its second home market. Meanwhile, Julius Baer named Yee Kim Tan as its Singapore branch manager.

☆ How to fall in love with your 9-to-5 again
▼ + stars: | 2023-04-10 | by ( Alexandra York | Rachel Durose | ) www.businessinsider.com time to read: +7 min

In June 2022, at least 50% of workers across the country were quiet-quitting, according to a poll by Gallup. "It's helping me not burn out as much, and I'm actually doing a better job at work because I'm not resentful or tired all the time." Take on these more fulfilling roles if you're looking "to still be succeeding in your work and furthering yourself but in the guise of that 9-to-5," Luong said. "Now when I'm working, I'm focused on work, but I'm super efficient in getting work done so I can focus on my business." Living in a New York City apartment, Farage told her manager she felt stuck working from home every day.

☆ Microsoft's $13 billion bet on OpenAI carries huge potential along with plenty of uncertainty
▼ + stars: | 2023-04-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

Microsoft's cumulative investment in OpenAI has reportedly swelled to $13 billion and the startup's valuation has hit roughly $29 billion. What does that mean for Microsoft's investment and broader arrangement? The structure changed in 2019, when two top executives published a blog post announcing the formation of a "capped-profit" entity called OpenAI LP. Microsoft has an exclusive license on GPT-4 and all other OpenAI models, the OpenAI spokesperson said. When considering potential exits for OpenAI, Microsoft — which does not hold an OpenAI board seat — would be the natural acquirer given its close entanglement.

☆ How TikTok became a 'gold mine' for dancers looking to get discovered and changed the way they make money
▼ + stars: | 2023-04-07 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +11 min

"This app is a gold mine for artists like me who are still looking for their big break," Dharmapuram said. As TikTok has ascended, popular artists from Dua Lipa to Lizzo have integrated TikTok dances into their promotional strategies and seen their songs go viral. TikTok creators, professional dancers, choreographers, and dance companies who spoke with Insider said the app had changed the way they choreographed, helped them earn more money, and given them access to career opportunities they otherwise wouldn't have had. TikTok has also given dance companies and agents access to talent they otherwise wouldn't have known about. Even dance companies like American Ballet Theatre have gotten on the bandwagon.

☆ How TikTok has changed the dance industry, becoming a 'goldmine' for performers looking for their big breaks and driving choreography that fits the frame
▼ + stars: | 2023-04-06 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +11 min

"This app is a goldmine for artists like me who are still looking for their big break," Dharmapuraum said. As TikTok has ascended, popular artists from Dua Lipa to Lizzo have integrated TikTok dances into their promotional strategies and seen their songs go viral. TikTok has also given dance companies and agents access to talent they otherwise wouldn't have known about. Even dance companies like American Ballet Theatre have gotten on the bandwagon. As more people have hopped on TikTok dance trends, creators, especially those of color, have called for proper crediting for choreography, which the app has tried to address with more tools.

☆ Welcome to Swift City: When Taylor Swift comes to town, businesses build new bars, prepare thousands of cookies, and welcome over 150,000 Swifties
▼ + stars: | 2023-03-17 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Glendale, Arizona, which hosts the first two dates, has renamed itself Swift City in her honor. Usually, it's known as Glendale, Arizona, but the city hosting the kick-off show for Taylor Swift's "Eras Tour" has fully embraced Swiftsanity, renaming itself Swift City for Friday and Saturday. The Swift City logo. The Swift City proclamation. "Now, Glendale is Swift City, so we welcome them with open arms," he added.

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