Recent Posts

Cash is out as Southeast Asia super-apps bulk up

The rivalry between Southeast Asia’s leading super-apps just got more intense — and more intensely oriented towards fintech. Last month, Singapore’s Grab Holdings Inc said it’s going public in the US through the largest-ever merger with a blank-check company. And now, Indonesia’s Gojek is merging with e-commerce firm PT Tokopedia to create a digital behemoth in the world’s fourth-most-populous nation. ...

Read More »

Musk keeps trolling Bitcoin purists

The future of money apparently looks something like this: Tesla Inc techno-king Elon Musk posts a one-word tweet — “Indeed” — that suggests his company may have sold its stash of Bitcoin. The cryptocurrency’s price sinks to a three-month low. Musk then posts a new tweet, clarifying that Tesla hasn’t sold any. Prices perk up again. Cue much gnashing of ...

Read More »

Singapore’s lockdown is both blunt, precise

Singapore has suffered a big reversal in its battle against Covid-19. More accustomed to applause than demerits for all but stamping out the virus, the city-state is returning to lockdown-like conditions. Authorities are now scrambling to deploy a mix of scalpels and hammers to contain a recent outbreak. Mastering this balance will be the key to any economic recovery. The ...

Read More »
Send this to a friend