Bloomberg In Indonesia, locals can soon fly from Jakarta to the beaches of Bali for a domestic vacation. Tokyo residents can escape the pandemic stress with a hike in the mountains, and New Yorkers can head to the Hamptons on Long Island. Residents of Singapore, a city-state smaller than New York City, have few such options, presenting a massive problem ...

Bloomberg Traveloka, Southeast Asia’s biggest online travel startup, is close to raising fresh funds at a private-market valuation of about $2.75 billion — roughly 17% less than its most recent fundraising, according to people familiar with the matter. The Jakarta-based firm is in advanced negotiations with new strategic investors such as Siam Commercial Bank Pcl and Richard Li’s FWD Group ...

Bloomberg Taiwan’s exports fell for a fourth straight month in June as officials warned global demand may struggle to recover in the face of a resurgent worldwide coronavirus outbreak and continuing trade tensions between the US and China. Overseas shipments from Taiwan fell 3.8% last month, according to a statement from Taiwan’s Ministry of Finance. That compares to the median ...