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People ride a double bicycle past a logo of The Alibaba Group at the company's headquarters on the outskirts of Hangzhou, Zhejiang province. (REUTERS/Aly Song/Files/ MANILA BULLETIN)

Alibaba doubles investment in Lazada to $4 B

By (Reuters) Beijing/Singapore – Alibaba Group Holding Ltd. said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped…

J. Albert Gamboa

Expanding online markets

By J. Albert Gamboa Southeast Asians spend more time on the web using their smartphones than anyone else on the planet. They spend 3.6 hours…

Flag of Singapore (Photo courtesy of Wikipedia )

Singapore mulls imposing tax on e-commerce

By Bloomberg Singapore may unveil an e-commerce tax in next week’s budget, setting the tone for a region that’s grappling with online retail’s assault on…

The Gulfstream G600 business jet (Bloomberg)

Luxury private jetmakers lure wealthy Asians

By (Bloomberg) Luxury private jet makers are looking for buyers in the world’s most expensive city, seeking the rich and famous of Asia with state-of-the-art features.…