Targeting younger passengers, offering diverse experiences key to cruise industry’s growth: Experts

Experts CNA spoke to say that millennials and Gen Z form an untapped market for cruise operators.

Data released by the Singapore Tourism Board (STB) revealed that total cruise throughput jumped 35 per cent to 1.87 million in 2018 compared to the year before.

Experts CNA spoke to say that millennials and Gen Z form an untapped market for cruise operators.

“The cruise operators will have to provide different offerings to different segments of the market especially to the millennials, who have not really warmed to the idea of a cruise holiday,” said Dr Michael Chiam, senior lecturer in tourism at Ngee Ann Polytechnic.

“There is tremendous potential for growth.”

Read more on this Channel NewsAsia report.

Economists less hopeful of a recovery for Singapore in the second half of the year

[The US-China trade war] would put additional pressure on the electronics cluster in Singapore…

Private sector economists say initial hopes for the Singapore economy to recover in the second half of 2019 have dimmed now that global technology firms have been swept up in the trade dispute between the United States and China.

The trade war between the world’s two biggest economies has broadened into a “tech war”, noted Maybank Kim Eng economist Chua Hak Bin, after the US banned its companies from doing business with Chinese firm Huawei unless they have the necessary licences.

This would put additional pressure on the electronics cluster in Singapore, which has already been winding down from its cyclical peak over the past few quarters, noted economists.

Read more on this TODAY report.

Google and Android system start to cut ties with Huawei

Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates provided by Google…

Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via open source licensing, a source familiar with the matter told Reuters on Sunday (May 19), in a blow to the Chinese technology company that the U.S. government has sought to blacklist around the world.

Holders of current Huawei smartphones with Google apps, however, will continue to be able to use and download app updates provided by Google, a Google spokesperson said, confirming earlier reporting by Reuters.

Huawei has said it has spent the last few years preparing a contingency plan by developing its own technology in case it is blocked from using Android. Some of this technology is already being used in products sold in China, the company has said.

The impact is expected to be minimal in the Chinese market. Most Google mobile apps are banned in China, where alternatives are offered by domestic competitors such as Tencent and Baidu.

Huawei’s European business, its second-biggest market, could be hit as Huawei licenses these services from Google in Europe.

Read more on this Channel NewsAsia report.

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