ZACHARY Wang, co-founder and chief executive of e-scooter sharing startup Neuron Mobility, has been named the EY Entrepreneur Of The Year (EOY) 2024 Singapore. Wang, who was the winner in the mobility category, beat three other EOY category winners to clinch the top honour. As Singapore’s representative at the EY World Entrepreneur Of The Year awards in Monte Carlo in June 2025, he will go up against 50 other country winners for the world title at the global competition. Founded in 2016, Neuron Mobility designs and manufactures its own e-scooters and the technology that runs them. Susan Chong, chairperson of the judging panel, lauded Wang’s “commitment to a strong purpose and sustainability”, as well as his serial entrepreneurial and innovative traits. She noted that Wang has introduced a number of pioneering innovations at Neuron – including e-scooter battery swapping, geofencing control and integrated helmets – and has accelerated...

BEIJING, Nov. 18 (Xinhua) — A foreign ministry spokesperson said on Monday that China stands ready to work with Southeast Asian countries to further enhance mutual understanding and trust, deepen friendly ties, pursue common development and prosperity and make greater contribution to regional peace and prosperity. In response to a related query about the recent frequent interactions between China and Southeast Source link

SINGAPORE’S key exports fell by 4.6 per cent year on year in October, coming in worse than what the authorities were expecting, as non-electronic shipments decreased sharply, data from Enterprise Singapore (EnterpriseSG) showed on Monday (Nov 18). September’s non-oil domestic exports (NODX) has also been revised by a fairly large extent to just 0.9 per cent year-on-year growth. EnterpriseSG noted that it was expecting NODX to come in below the “4 to 5 per cent forecast range” for the year owing to a weaker-than-expected recovery in the second half of 2024. NODX performance was in negative territory for a large part of H1, and returned to positive growth in July. It then declined for the next three months. On a seasonally adjusted monthly basis, NODX fell by 7.4 per cent in October, extending the 0.6 per cent decrease in the previous month, to a value of S$13.6 billion. Electronic shipments...

Singapore, November 17 (ANI): The first day of the Singapore visit by Odisha’s high-level delegation, led by Chief Minister Mohan Charan Majhi and Industry Minister Sampad Chandra Swain, commenced with a briefing by Dr. Shilpak Ambule, Indian High Commissioner to Singapore on India-Singapore Business Relations. The High Commissioner informed the delegation about the recent trade and commerce-related developments between t Source link

Major platforms decline to disclose overall numbers or year-on-year comparisons, but grocery and travel-related sales see growth MAJOR e-commerce players in Singapore reported robust Singles’ Day sales this year, but most declined to say if performance had improved from 2023. The annual online shopping event, marked by discounts, originated in China but has spread across Asia. Originally a one-day event on Nov 11, it may now span several days, depending on the retail platform. Shopee Singapore had “great success” this Singles’ Day, said director Chua Kel Jin, though he declined to disclose overall sales volumes or year-on-year comparisons. Within the first 11 minutes, Shopee Singapore sold more than 100,000 items. In the first two hours of the sale, visits were also up six times from an average day across South-east Asia and Taiwan, with more than 136 million vouchers claimed. In Singapore, orders placed on Shopee Live – Shopee’s livestream platform...

LIMA, Nov. 16 (Xinhua) — Chinese President Xi Jinping arrived here Thursday for a state visit to Peru and the 31st APEC Economic Leaders’ Meeting, where he has also had in-depth exchanges with world leaders on global cooperation, bilateral relations and the current international situation. The following are some of the highlights of Xi’s remarks and statements. ON ECONOMIC GLOBALIZATION, ASIA-PACIFIC ECONOMY</p Source link

Major platforms decline to disclose overall numbers, but grocery and travel-related sales have risen MAJOR e-commerce players in Singapore reported robust Singles’ Day sales this year, but most declined to say if performance had improved from 2023. The annual online shopping event, marked by discounts, originated in China but has spread across Asia. Originally a one-day event on Nov 11, it may now span several days, depending on the retail platform. Shopee Singapore had “great success” this Singles’ Day, said director Chua Kel Jin, though he declined to disclose overall sales volumes or year-on-year comparisons. Copyright The Business Times. All rights reserved. Source link

NAIROBI, Nov. 16 (Xinhua) — Kenya expects a boost in tourist numbers from the Asia Pacific region following AirAsia X’s inaugural flight from Kuala Lumpur, Malaysia, to Nairobi early Saturday, senior officials said. Rebecca Miano, Kenya’s cabinet secretary of tourism and wildlife, said that the direct air link between Kenya, Malaysia and the broader Asia Pacific region will enhance efforts to diversify tourist Source link

MORE businesses ran up higher sales in their overseas markets in 2024, with nearly a third (32 per cent) of them reporting growth, up from 22 per cent in 2023. The report of a survey by the Singapore Business Federation (SBF), released on Thursday (Nov 14), said this contributed to a rise in the proportion of businesses with at least two-fifths of sales from overseas sources – 56 per cent in 2024, from 54 per cent in 2023. There was also a slight rise in the number of businesses planning future overseas expansion, 59 per cent, up from 57 per cent in the year before. Vietnam and Indonesia were cited as the top markets of interest, with each cited by 25 per cent of the companies that took part in the survey. Thailand came in at 21 per cent. Interest in expanding to Malaysia fell by 10 percentage points to...

Konark (Odisha) [India], November 16 (ANI): Ambassadors, High Commissioners and Heads of Mission of 14 countries and their spouses as well as several other diplomats visited the Sun temple in Konark on Saturday. The ambassadors were stupefied by the beauty of Sun temple and the way it has been maintained. Vetsop Namgyel, Bhutan Ambassador, said that the architectural design is something that deserves to be preserved by ge Source link