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CNN —Singapore is drawing fans from all over Southeast Asia and beyond to Taylor Swift’s Eras Tour, much to the annoyance of the city-state’s regional neighbors. “[Our] agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in Southeast Asia,” Lee said at a press conference in Melbourne while on a state visit to Australia. I don’t see that as being unfriendly.”“If we had not made such an arrangement, would she have come to more places in Southeast Asia? Southeast Asia fans dig deep to see SwiftThe Eras Tour is a multi-continent extravaganza that surged to become the highest-grossing tour of all time – and Swift is making Singapore a lot of money. I never really spent big like six-digit (Philippine peso) amounts for someone else, just Taylor Swift,” Suizo said.
Persons: Taylor, Swift, Joey Salceda, Lee Hsien Loong, , ” Lee, Edward Tong, , Srettha Thavisin, Taylor Swift, hasn’t, Edmund Ong, Yun Liu, Errol De Asis, Gilliane, Christel Kaye Kuan, Yedda Mendoza, ” Suizo, it’s, Granada, That’s Organizations: CNN, Southeast, Singapore –, , Singapore, Coldplay, World Bank Locations: Singapore, Southeast Asia, Melbourne, Australia, Bangkok, Thailand, Philippines, Asia, Maybank, ASEAN, Gilliane Granada, China, Granada
When a Job Becomes a Literal Hell
  + stars: | 2024-02-23 | by ( Beatrice Loayza | ) www.nytimes.com   time to read: +2 min
The women had suffered lithium poisoning while working at battery factories and began to break into fits of destructive rage during their shifts. In Lin’s retelling, the workers are resurrected as demons, seething with chaotic desire. The restaurant kitchen in FX’s series “The Bear,” which premiered in 2022, is a ticking time bomb of screaming, stove fires and oil burns. (“The Bear,” for all its frenetic pacing, dips into full-blown surrealism only during interludes showing lead chef Carm’s dreams.) These stories portray workers who are not simply anxious and exhausted but violently combusting.
Persons: Candice Lin’s, Lin, Aihwa, Dolly Parton, Jane Fonda, Lily Tomlin, Éric Gravel’s, Carm’s Locations: New York, Malaysian, Malaysia, French Canadian, Paris
How New Technology Changed Mahjong
  + stars: | 2024-02-10 | by ( Marilyn Ong | ) www.nytimes.com   time to read: +1 min
In other words, the shuffling is where the action happens: the boisterous fun, the communal spirit, the all-important gossip. Not so for Jennifer Brown, whose post about her mom’s auto table has now garnered nearly 20 million views. Ms. Brown credits the table with inspiring her and her sisters to finally learn the Filipino style of mahjong her mother plays. “Before, when my mom would play it and mix the tiles by hand, it just didn’t seem as interesting,” she said. “But adding a table that shuffled for you and rolled the dice for you made it exciting to us.”
Persons: Joy, , Jennifer Brown, Brown Organizations: Joy Luck, Rich Locations: TikTok
The girlfriend effect is the improvement a person (or, in this case, a brand) gets by associating with a magnetic partner. The term, which has been applied to Kelce, gained popularity on TikTok last year, said Linda Ong, chief executive of Cultique, a cultural analysis firm. has faced crises in recent years that hurt its reputation among younger viewers, particularly women, Ong said. Domestic violence by players, the lack of diversity among head coaches, and players’ chronic health problems from concussions have tainted the league’s brand.
Persons: Linda Ong, Ong
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsset management firm explains what's behind listing of Singapore's first AI-powered ETFAi Ling Ong of Lion Global Investors says the Lion-Nomura Japan Active ETF is the "first active ETF, also the first AI-powered ETF in Singapore, and also the only Japan-focused ETF listed in Singapore."
Persons: Ling Ong Organizations: Lion Global Investors, Nomura Japan Locations: Singapore, Japan
Ong, 26, served for five years before she left for the private sector. AdvertisementThis as-told-to essay is based on a conversation with Jia Hui Ong, who left the military to join the private sector. Joining the private sectorMy journey into the private sector wasn't a smooth ride. After transitioning to the private sector, I also had to find a new sense of purpose in my work. But spending time in the private sector has helped me redefine my interests and strengths.
Persons: Jia Hui Ong, Ong, , jerry Organizations: Singapore Armed Forces, Service, SAF, ST Engineering, DBS Bank Locations: Singapore
CNN —Singapore’s Transport Minister S. Iswaran has resigned after being charged with corruption on Thursday, the prime minister’s office said, confirming a historic development for a city state that prides itself on having a squeaky-clean government. The charges against Iswaran are part of the biggest corruption probe to engulf Singapore’s ruling People’s Action Party (PAP) in decades. Singapore’s anti-graft agency, the Corrupt Practices Investigation Bureau (CPIB), which reports directly to Prime Minister Lee Hsien Loong, has been leading investigations into Iswaran’s case. Lee is the eldest son of Lee Kuan Yew, Singapore’s first prime minister and founding father. The corruption probe into Ong and Iswaran comes at a sensitive time for Lee as he plans to step aside after nearly 20 years leading the country.
Persons: Iswaran, Tan Kiat Pheng, Ong Beng Seng, Ong, Lee Hsien Loong, Lee, ” Lee, Lee Kuan Yew, Singapore’s, ” Eugene Tan, Organizations: CNN, Singapore’s, Iswaran, Action Party, Singapore, Prix, Practices, Party, Government, Ong, Singapore Management University Locations: Singapore
Fida Hussain | Afp | Getty ImagesAs the number of climate disasters increase, more people are being forced to flee their homes, especially in Asia. South Asia most at riskIn the region, South Asia is likely to have the most people displaced by climate change due to the density of its populations and its vulnerability to the effects of climate change, he added. According to the World Economic Forum, 10% to 18% of South Asia's GDP is at risk due to climate disasters. Some have nothing to return to, Oberoi explained, as climate change may have hurt their crop production at home. While we are talking and discussing and quibbling, the millions of climate migrants are the forgotten casualties of climate change.
Persons: Fida Hussain, Vinod Thomas, Thomas, Vinod Thomas ISEAS, Yusof Ishak, Tamara Wood, Pia Oberoi, Oberoi, Wood Organizations: Afp, Getty, ISEAS, Yusof, Institute, Economic, Kaldor, International Refugee, CNBC, OECD Locations: Pakistan, Asia, Philippines, China, South Asia, Bangladesh, Afghanistan, South, America, Europe, Australia, Tuvalu, Southeast Asia, UNHCR
Those who don’t socialize with friends or family may see their risk of dying early increase by 39%. Many previous studies have linked loneliness or social isolation with a higher risk of premature death and other health outcomes. But few, if any, have looked into how these associations depend on the combined impact of different types of social interaction, according to a new study published Thursday in the journal BMC Medicine. Participants’ social isolation was gauged by how often they were visited by friends or family, how often they engaged in weekly group activities, and whether they lived alone. It’s also possible that any of these factors could lead to loneliness or social isolation rather than result from them, according to the study.
Persons: , , Hamish Foster, weren’t, Anthony Ong, , It’s, Foster, Jason Gill, Olivia Remes, wasn’t, Gill Organizations: CNN, BMC Medicine, School of Health, University of Glasgow, Cornell University, University of Cambridge, Social, Networks Locations: Scotland, United Kingdom, New York, England
Japan Airlines is the most family-friendly airline, according to a new ranking. Airlines from Asia dominated a new family-friendly airlines list compiled by travel website The Family Vacation Guide. The ranking was based on eight factors — including seat comfort, free seat selection and pre-boarding for families — for a total of 18 possible points. Yet lap fees are common: all airlines charged them but for Hawaiian Airlines and Lufthansa. Asia — big on familyPraowpan Tansitpong, an assistant professor at Nida Business School, attributed the dominance of Asian airlines on the family-friendly list to a difference in business priorities.
Persons: Tansitpong Organizations: Japan Airlines, Airlines, China's Hainan Airlines, Singapore Airlines, Qantas, China Southern Airlines, Lufthansa, Hawaiian Airlines, Nida Business School Locations: Japan, Asia, Western
The yearly report analyzed the five main sectors of Southeast Asia's digital economy – e-commerce, travel, food and transport, online media and digital financial services. The report also revealed revenue in Southeast Asia's digital economy is expected to hit $100 billion this year, growing 1.7 times as fast as the region's total transaction value. "Southeast Asia's digital economy is really in the midst of an unprecedented pivot towards profitability. Despite investors being pickier, "dry powder" increased to $15.7 billion at the end of 2022, up from $12.4 billion in 2021. "This shows that there is fuel available to propel Southeast Asia's digital economy to the next stage of growth," the report said.
Persons: Carlina, Hoong, Chadha, Fock, CNBC's JP Ong Organizations: Google, Temasek, Bain & Company, Companies Locations: Asia, Southeast, Southeast Asia, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Brunei, Cambodia, Laos, Myanmar, East Timor, Papua New Guinea
Ctrl Alt, a fintech startup that offers infrastructure to invest in alternative assets, has raised $2.7 million in a seed round. For fintech startups that offer wealth management and investment products, alternatives could provide new opportunities to make revenues from wider yield spreads, Ong said. "The market is tough for fundraising and that has an impact on you as a founder," Ong added. The fresh capital will go towards building out Ctrl Alt's tech team and expanding its relationships with prospective customers. Check out Ctrl Alt's 10-slide seed funding deck below:
Persons: Morgan Stanley, Matt Ong, it's, Ong Organizations: Forward Partners, Middlegame Ventures, Enterprise Ireland, Algorand Ventures, Syndicate Locations: London, fintech
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. JP Morgan analyst Sin Beng Ong in a note on the pressure it was putting on emerging Asia markets. RICHARD MCGUIRE, HEAD OF RATES STRATEGY, RABOBANK, LONDON:“The markets reflect effectively flying blind because the models don't work, everybody's been calling for a recession that just simply refuses to arrive. "Our view is that the U.S. economy slows into next year... so from that perspective, at some point, we expect it (bond market selloff) to normalise." (Compiled by the Global Finance & Markets Breaking News team)Our Standards: The Thomson Reuters Trust Principles.
Persons: Yuan, Dado Ruvic, BENG ONG, JP Morgan, Sin Beng Ong, RICHARD MCGUIRE, everybody's, you've, VIKRAM AGGARWAL, ” JUAN VALENZUELA, ARTEMIS, , ” NICK NELSON Organizations: REUTERS, OF, JPMORGAN, RABOBANK, LONDON, Federal Reserve, Global Finance, Markets, Thomson Locations: Treasuries, ASIA, SINGAPORE, Asia, U.S
CNN —An Australian man who faked his own kidnapping to spend time with his mistress on New Year’s Eve has been ordered to pay back the cost of the police operation to find him. Paul Iera appeared at Wollongong Local Court in New South Wales on Tuesday and was told he’d have to pay the state government around $10,000 for 200 hours worth of police work after his partner reported him missing. The 35-year-old tradesman went to meet his mistress on December 31, but lied to his partner about meeting with his “financial guy,” CNN affiliate 9 News reported. Iera’s worried partner reported the matter to the police minutes before midnight, prompting officers to investigate, 9 news reported. Iera’s lawyer Abbas Soukie issued a statement on his behalf, saying that his client was “pleased to have avoided” a jail sentence.
Persons: Paul Iera, he’d, Paul, Iera’s, Iera, Michael Ong, Ong, Abbas Soukie, Mr Iera, “ Mr Iera, Organizations: CNN, Wollongong Local Locations: Australian, Wollongong, New South Wales
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The BOJ held interest rates at -0.1% on Friday and reiterated its pledge to keep supporting the economy until it's confident inflation will stay at the 2% target. "We have yet to foresee inflation stably and sustainably achieve our price target," BOJ Governor Kazuo Ueda said in a press conference. The yen dropped as low as 148.42 to the dollar, nearing the 150-mark at which analysts have said government intervention to prop up the currency is likely. It was on track to eke out a weekly increase of around 0.2%, its 10th rise in as many weeks.
Persons: Florence Lo, Kazuo Ueda, we've, Alvin Tan, Shunichi Suzuki, RBC's Tan, Treasuries, Ray Sharma, Ong, Sterling, BoE, Harry Robertson, Rae Wee, Christopher Cushing, Sonali Paul, Christina Fincher Organizations: U.S, REUTERS, Bank of Japan, Federal Reserve, Asia FX, RBC Capital Markets, Japan's Finance, Ministry, Finance, Bank of England, Thomson Locations: SINGAPORE, France, Asia, Tokyo, London, Singapore
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The yen last bought 148.09 per U.S. dollar. Sterling similarly eked out a 0.3% gain against the Japanese currency to trade at 181.80 yen. "I guess people were expecting the BOJ to leave policy unchanged but perhaps tweak the wording a bit to remove the accommodative stance." The New Zealand dollar edged 0.08% higher to $0.5936 and was eyeing a weekly gain of more than 0.5%.
Persons: Florence Lo, Kazuo Ueda, Sterling, Siong Sim, Shunichi Suzuki, Ray Sharma, Ong, BoE, Daniela Hathorn, Rae Wee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Bank of Japan, Bank of Singapore, Treasury, Federal Reserve, Japan's Finance, New Zealand, Fed, Bank of England, Capital.com, Thomson Locations: Rights SINGAPORE
Yen under pressure as U.S. Treasury yields push over-decade peaks
  + stars: | 2023-09-22 | by ( ) www.cnbc.com   time to read: +3 min
A bundle of Japanese 10,000 yen banknotes on a tray arranged at a branch of Resona Bank Ltd. in Tokyo, Japan. The yen was held at the mercy of soaring U.S. Treasury yields on Friday ahead of a closely watched rate decision by the Bank of Japan, or BOJ, while the dollar stood near a six-month peak on the prospect of higher-for-longer U.S. rates. The Japanese currency was last marginally lower at 147.6 in early Asia trade, languishing near the previous session's more than 10-month low of 148.465. The yen was also kept under pressure as a result of elevated U.S. Treasury yields, which scaled multi-year highs in the previous session as markets reeled from a hawkish pause by the Federal Reserve on Wednesday. The U.S. dollar likewise rode Treasury yields higher and against a basket of currencies, the greenback touched a more than six-month high of 105.74 in the previous session.
Persons: Daniel Hurley, Rowe Price, Ray Sharma, Ong, Sterling, BoE, Daniela Hathorn Organizations: Resona Bank, Treasury, Bank of Japan, Federal Reserve, U.S, New Zealand, Fed, Bank of England Locations: Tokyo, Japan, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're not banning social media sites, just trying to regulate them: Indonesia vice minister of tradeJerry Sambuaga, Indonesia's vice minister of trade, discusses Indonesia's plan to ban goods transactions on social media.
Persons: Jerry Sambuaga Locations: Indonesia
Bumpy, hot and dusty: McLaren's Lando Norris on F1 in Singapore
  + stars: | 2023-09-14 | 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 EmailBumpy, hot and dusty: McLaren's Lando Norris on F1 in SingaporeSingapore is a "tough tack" to race in, says Lando Norris, McLaren's Formula One driver. He speaks about the challenges of racing in Singapore's street circuit. "street circuits are typically quite bumpy, easy to make mistakes," he tells CNBC's JP Ong ahead of the Singapore Grand Prix.
Persons: McLaren's Lando Norris, Lando Norris, McLaren's, CNBC's JP Ong Organizations: Singapore, Prix Locations: Singapore Singapore
(AP Photo/Paul Sakuma)Google is cutting hundreds of jobs in its global recruiting organization as part of a broader pullback in hiring over the next several quarters, CNBC has confirmed. "We unfortunately need to make a significant reduction to the size of the recruiting organization," Brian Ong, Google's recruiting vice president, told employees in a Wednesday video meeting, a recording of which was obtained by CNBC. In January, Alphabet -owned Google announced it was cutting 12,000 jobs, affecting roughly 6% of the full-time workforce. The layoffs occurred across the company, including in Google's recruiting organization. Employees had previously criticized the company for abruptly cutting off access to those who lost their jobs in January.
Persons: Paul Sakuma, Brian Ong, Ong, we've, Courtenay Mencini, Mencini, Semafor Organizations: Google, Google Inc, CNBC, Employees Locations: Mountain View, Calif
This is becoming a rite of passage for those who want good jobs, one career counselor told Insider. Advertisement Advertisement Watch:Singaporean undergraduate Amelia Yamato Leow told Insider that she started interning right after secondary school. Ong told Insider she's done an internship every summer break, and has worked during the college semester, too. You see from the inside how things work, and how people work, and most importantly, you can build rapport," Chin told Insider. This is especially so for complex industries like banking, Ted Teo, an adjunct assistant professor at the National University of Singapore, told Insider.
Persons: Amelia Yamato Leow, hasn't, who's, Leow, she's, Nicole Ong, Ong, you've, Justin Chin, Chin, Eddie Phua, Phua, Gao, Xinrui Gao Xinrui Gao, it's, Adrian Teh, Teh, they'll, Megan Wong, Wong, Sim Cher Young, Sim, Adrian Choo, Ted Teo, Teo, Goldman Sachs, Shaw, Singapore Management University's Sim, International's Choo Organizations: Service, National University of Singapore, PayPal, NUS, National University of Singapore Business, NUS Business School, Nanyang Technological University, Singapore Management University, LinkedIn, Citadel, Harvard, Singapore Management Locations: Singapore, Wall, Silicon, fintech
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV investments will have a positive spillover effect for Malaysia, minister saysAttracting EV companies "will give spillover effect to the Malaysian companies, the SMEs and Malaysian corporates supplying to this group," Tengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, tells CNBC's JP Ong on the sidelines of the ASEAN summit in Jakarta.
Persons: Tengku Zafrul Aziz, CNBC's JP Ong Organizations: Malaysian, ASEAN Locations: Malaysia, Malaysian, Jakarta
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASEAN's diversity on Myanmar shouldn't divide the bloc, says ex-Indonesian ministerIndonesia’s former foreign minister says the situation with Myanmar's civil strife is not only a "litmus test" but also an "existential threat" to ASEAN's unity. Marty Natalegawa speaks to CNBC's JP Ong on the sidelines of the Association of Southeast Asian Nations summit in Jakarta.
Persons: Marty Natalegawa, CNBC's JP Ong Organizations: Association of Southeast, Nations Locations: Myanmar, Jakarta
Myanmar migrant workers hold a portrait of Aung San Suu Kyi during the march to mark International Labor Day in Bangkok, calling for the workers rights and protesting against the Myanmar military government on May 1, 2023. "I get the sense that ASEAN is at a loss for ideas … one can speak with eloquence about one individual member state's wish to happen in Myanmar. "At the moment, I'm reminded more about the divisions rather than the unity … this is not only a litmus test for ASEAN, but in my view is an existential threat to ASEAN," Natalegawa added. Myanmar's military administration, however, has not implemented the peace plan — despite agreeing to it two months after the democratic government was overthrown by the coup. "Some ASEAN member states in dispute feel that they are not being provided a common ASEAN home, so as if they are left on their own devices to deal with this issue," said Natalegawa.
Persons: Aung, Suu Kyi, Marty Natalegawa, CNBC's JP Ong, Marty Natalegawa Indonesia's, Natalegawa, Min Aung Organizations: International Labor, Myanmar, Getty, ASEAN, CNBC, 43rd Association of Southeast, Nations, Suu, Reuters Locations: Myanmar, Suu, Bangkok, Indonesian, Jakarta, South China, Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam
An architecture firm has put a modern twist on the popular Vietnamese "tube house." The five-level residence in Ho Chi Minh City, Vietnam is home to three generations. Pham Trung, the studio's director, told Insider that tube houses are also popular in Vietnam because they can provide more housing for people in its crowded cities. The company designed and constructed the skinny house for a family of six for 554 million Vietnamese dong ($230,000). It took the studio about two months to devise a full concept and complete drawings, and a further five months to construct.
Persons: Pham Trung Organizations: Service Locations: Ho Chi Minh City, Vietnam, Wall, Silicon
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