Daily briefing: Scoot backs 2023 forecast for air travel recovery; Property firms mull expansion to overseas markets

And more SMEs in Singapore sell online.

From CNA

Global air travel is expected to return to its pre-pandemic level by 2023, as projected by the International Air Transport Association, which a Scoot’s top official supported.

Campbell Wilson, chief executive of Scoot, said the 2023 forecast is “about the right timeframe,” but noted he expects recovery to differ across geography and by business model.

Read more here.

From CNA

Property firms in Singapore are planning to expand overseas to capture growth potential in the region.

Firms noted the overseas expansion will also give Singaporeans greater access to properties abroad as well as better technology. Property Guru, for one, recently agreed to buy shares of the REA Group’s operating entities in Malaysia and Thailand.

Read more here.

From CNBC

Singapore companies are selling online after the pandemic disrupted their business operations.

According Selena Ling, chief economist at OCBC bank, said this includes small and medium enterprises which have previously been reluctant at operating online.

Read more here.

Follow the link s for more news on

Scoot

Property Guru

OCBC Bank

Air travel

air travel recovery

property news

expansion plans

Pandemic

SME

economic recovery

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia