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Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …

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Asia-Pacific markets fall as investors seek clarification on China's Covid rule changes

Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes

Singapore and New York are ranked among the most expensive cities to live: EIU Singapore and New York have been ranked as the most expensive cities to live in this year, according to the Economist Intelligence Unit (EIU). EIU’s survey showed that the average price of goods in 172 major cities around the world rose …

Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes Read More »

Asia-Pacific markets fall as investors seek clarification on China's Covid rule changes

Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes

Singapore and New York are ranked among the most expensive cities to live: EIU Singapore and New York have been ranked as the most expensive cities to live in this year, according to the Economist Intelligence Unit (EIU). EIU’s survey showed that the average price of goods in 172 major cities around the world rose …

Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes Read More »