Results for: Asia

Eversource Capital, the Indian climate impact fund, is seeking to raise at least $1 billion to invest in companies across Asia. The fund will focus on themes such as water, food, agriculture, and recycling, with a particular emphasis on India and expanding into countries like Indonesia, the Philippines, Vietnam, and Bangladesh. Eversource’s team is actively looking for projects and companies that align with their climate mitigation and adaptation goals. The fund aims to provide an annual return of over 20% on equity investments, acting as a feeder to global investors and private equity firms.

TUMI, the leading international travel, lifestyle, and accessories brand, is expanding its presence in Asia with new store openings at major airports across the region. The new stores, located at Incheon International Airport in Seoul, Suvarnabhumi Airport in Bangkok, Soekarno–Hatta International Airport in Jakarta, and Chhatrapati Shivaji Maharaj International Airport in Mumbai, will offer TUMI’s full range of products to discerning travelers.

Miki Reps and its Balkan collaborators organized a successful Balkans Roadshow 2024 in Tokyo, Seoul, and Hong Kong from April 22 to April 26. The event connected Balkan representatives with travel industry experts in Asia. Around 90 participants engaged in presentations, networking, and discussions about the latest Balkan tourism trends, showcasing the region’s diverse travel experiences, from UNESCO sites to culinary delights.

Renting a place in a major city can be an expensive endeavor. According to financial experts, it’s recommended to spend no more than 30% of your pre-tax income on rent. The Global Property Guide has compiled a list of median rental prices for 1-bedroom apartments in the most expensive areas of several major Asian cities. The prices range from $481 to $25,802 per month. Despite a downturn in the housing market in Asia amidst economic weakness and inflation, cities like Taipei and Singapore remain resilient with rising housing prices. The report suggests that the global housing market is stabilizing as inflationary pressures ease and central banks pause rate hikes.

The Serapong course on Sentosa Island sets the stage for the elite showdown at LIV Golf Singapore, where top talents from around the globe converge to challenge both each other and one of Asia’s premier golf destinations. Celebrating its 50th anniversary, Sentosa Golf Club hosts the LIV Golf League for the second consecutive year, drawing in a star-studded lineup featuring current frontrunner Joaquin Niemann of Chile, Spain’s Jon Rahm, and recent LIV Golf Miami victor Dean Burmester from South Africa.

Prashant Bhayani, an experienced investment professional, recently shared his views on the current economic landscape, offering valuable insights on monetary policy and the upcoming earnings season. His expertise in Asian markets makes his perspectives particularly relevant to investors in the region.

* NCT Dream, Seventeen, aespa, IVE, RIIZE, NewJeans, ITZY, XG, and more are bringing their music across Asia in 2024.
* Mark your calendars for these upcoming concerts and festivals in Seoul, Tokyo, Hong Kong, Manila, Bangkok, Singapore, Taipei, and more.
* Ticket sales, venues, and tour dates are updated regularly, so keep this page bookmarked for the latest information.

In 2023, Asia bore the brunt of climate change impacts, as floods and storms accounted for most climate-related disasters, according to a report by the World Meteorological Organization (WMO). These events killed over 2,000 people, affected millions more, and caused significant economic losses. Southern China, in particular, faced severe flooding, with over 100,000 evacuations in the Pearl River Delta region. Additionally, extreme heat and accelerated glacier melting were recorded across the continent, highlighting the urgent need for climate adaptation and mitigation measures.

Asia bore the brunt of climate-related disasters in 2023, becoming the world’s most affected region. According to the World Meteorological Organization (WMO), floods and storms accounted for the majority of casualties, exceeding 2,000 deaths. Rising temperatures and increased frequency of extreme events, including heatwaves, droughts, and storms, are attributed to climate change. With Asia warming at a faster rate than the global average, glaciers in the region’s high-mountain areas have faced significant mass loss due to record high temperatures and arid conditions.

Asia faced the brunt of climate change in 2023, with 79 extreme climate disasters impacting over 9 million people. The report from the World Meteorological Organization highlights rising temperatures and sea levels, which are already affecting societies and economies. The region saw record-breaking heatwaves, floods, and landslides, resulting in over 2,000 fatalities. India was particularly affected by heatwaves, while the North Indian Ocean experienced above-average tropical cyclone activity. The report also raises concerns about the gap between climate projections and Asia’s ability to adapt and mitigate these impacts.