A new one for my collection: “Newrick.”
I love it.
A new one for my collection: “Newrick.”
I love it.
A Thai attendee at a recent Young Southeast Asian Leaders Initiative event at the White House asked President Obama the following question: “If you were a Rohinya, which country would you prefer to live in, and why?”
Now, the question drew snickers, because it’s a bit odd to ask the world’s most powerful man what he would do if he were a member of one of the world’s most persecuted peoples.
But it was actually an effective query because it forced him to personalize the question. Part of his answer: I think I’d like to live in the country where I was born.
Since early May, more than 4,600 boat people from Myanmar and Bangladesh have been brought ashore from Southeast Asian waters. Several thousand more are believed to still be at sea after human smugglers abandoned their boats amid a regional crackdown.
Some are Bangladeshis who left their impoverished homeland in hope of finding jobs abroad. But many are Rohingya Muslims who have fled persecution in Buddhist-majority Myanmar, which has denied them basic rights, including citizenship, and confined more than 100,000 to camps. There are more than one million Rohingya living in the country formerly known as Burma.
You can also click on the Rohingya tag to see posts I’ve written about them dating back to 2009.
(Formatting note: This link to the video should take you to the 41:58 mark in the video, when President Obama was asked the question. The embedded video starts from the beginning of the event.)
English Premier League sides Arsenal, Everton and Stoke are coming here to Singapore in July for some pre-season exhibition matches.
The video is embedded above and on YouTube here.
Southeast Asia-focused Taxi booking app GrabTaxi says it’s about to splash the cash, mostly on new hires.
The Singapore-based company said Wednesday it will spend $100 million over the next five years on a new research and development center in the city-state, with a “significant portion” of that sum going to lure talent.
GrabTaxi, which launched in 2012 and operates in 20 cities across six countries, said in December it secured a $250 million investment from Japanese telecommunications and Internet giant SoftBank.
That brought its total funding nearly $340 million, with its valuation as of December reaching $1 billion, according to data from The Wall Street Journal and Dow Jones VentureSource.
Among the new hires GrabTaxi says it has recently made are Kevin Lee, who was head of Asia for U.S. data mining software company Palantir Technologies. Another is Arul Kumaravel, who previously held a senior engineering role Amazon.com.
Earlier today, I wrote:
Uber acted quickly Monday in an attempt to tamp down the latest controversy to hit the company, saying it is offering passengers free rides amid an unfolding siege at a Sydney café after complaints that rates had soared to exorbitant levels.
The reversal came just a short time after the ride-sharing app drew criticism on Twitter for saying it was raising prices to attract more drivers to the city’s central business district, where at least one gunman had taken hostages in a cafe and placed an Islamic flag in the window, sparking concerns a terrorist attack was under way.
The fare uptick was the result of an Uber policy called surge pricing, in which an algorithm charges customers more money during times of high demand — as was apparently the case in Sydney. Some users reported that the minimum fare had skyrocketed to $100 Australian dollars ($82) for a ride.
Click through for more. And for updates about the situation in Sydney, see our live blog.
Meanwhile, I neglected to mention that I recently wrote about Uber’s regulatory issues in Southeast Asia.
McDonald has been traveling in the region for more than 20 years, and has some interesting thoughts on how travel — and travelers — have changed over time.
He talks mainly about Thailand, Cambodia, Myanmar, Vietnam and Indonesia, and suggests an intinerary for a one-month tour through the region. His recommendation might surprise you.
I wrote a recent WSJ Digits story about how e-commerce in Southeast Asia is set to boom, according to a UBS report:
Message for Southeast Asia’s brick-and-mortar retailers: E-commerce companies could soon be eating your lunch.
That’s according to a recent study by UBS , which showed the region’s consumers are already flocking to e-commerce sites at the expense of traditional retailers’ platforms.
Internet penetration in the populous region is higher than many assume, and will soon skyrocket thanks to the increasing use of low-cost smartphones and the availability of mobile Web connections, according UBS’s head of research and strategy in Thailand, Raymond Maguire, who authored the report.
The reason I have this special folder on my iPhone: I’ve been researching a story on messaging app makers battling for users here in Southeast Asia.
It ran in the WSJ Asia in print and online Friday.
When Listri Samudra, an equity sales representative in the Indonesian city of Bandung, opens her smartphone to connect with her clients, she has three messaging apps to choose from.
She usually prefers BlackBerry Messenger, which remains highly popular in Indonesia, but also often uses WhatsApp—the company Facebook Inc. recently agreed to buy for $19 billion—or Line, a Japanese app that is rapidly gaining ground in the region.
The crowd of free messaging apps on Ms. Samudra’s phone illustrates why Southeast Asia is shaping up as an important battleground for messaging app makers. The region, in which no clear messaging leader has emerged, is critical, in part, because many of its roughly 600 million people have yet to upgrade from basic cellphones to smartphones.
Click through for a map of the region with estimates of which apps are most popular in countries like Indonesia, the Philippines, Vietnam, Thailand, and Malaysia.
File under: Another photo to share.
I spotted this HSBC advertisement in a recent issue of The New Yorker.
As you can see, the top line says, “A mall in the Philippines can change the way you look at your financial future.”
The ad goes on to say that “A wealthier middle class in Southeast Asia is buying American,” purchasing “clothing, electronics, and other categories led by Western brands.” Developed markets, like the U.S., are turning from “consumer to producer.”
Then there’s a call to action for the reader to speak with an HSBC Premier adviser about taking advantage of such opportunities “before they emerge.” (The photo above is also featured on the home page of the HSBC U.S. site.)
The message to the consumer seems to be: We can help high net worth investors in the U.S. and elsewhere make money as middle class consumers in Southeast Asia get richer and increasingly buy Western products.
I haven’t researched this specific consumer trend, but I find the concept — as well as the overall ad and its placement — interesting.
And there’s historical element worth noting.
This is a high-end service offered by a bank founded by a Scottish man in Hong Kong in 1865, the year the U.S. Civil War ended.
Back then, in the 19th century, the U.S. was an emerging market, selling goods to developed economies in Europe.
Food for thought. A lot can change in 147 years.
Cambodia watchers might like to have a look.