Quick takes

Indonesian tourism looks to 2022 for recovery

Indonesia’s Ministry of Tourism and Creative Economy (MoTCE) aims to attract between 1.8 and 3.6 million international visitors this year – with a focus on quality and sustainable tourism. Last year, Indonesia recorded visitor arrivals of 1.5 million, which fell from 4.1 million arrivals in 2020.

Tencent founder calls the company ordinary

Pony Ma is the founder of e-commerce giant Tencent. He is also one of the most low-profile and laconic billionaires in China. So it is interesting to hear in his leaked remarks to employees, he called Tencent an ordinary and replaceable company.

Singapore confirms LVS license until 2030

The government in Singapore has announced changes to the tax regime for casino operators. That may not please the bosses at LVS, but in a bit of good news, the government confirmed that the two integrated resorts will keep their monopoly status until 2030.

Big investors holding on to Paytm shares

An interesting bit of detail on the holdings of key investors in the Indian online payment platform, Paytm – including Softbank, Alibaba Group and ANT Group.