This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. In fact, domestic demand is generally the bigger economic driver in emerging Asia and also in some other regions—and could help insulate some of these countries from external shocks. This shift toward a more domestic orientation has been going on in China in particular for quite some time, fueled by improved education, rising wages and higher productivity. Other emerging-market countries have seen a similar shift, with entertainment and leisure activities benefiting, along with areas of conspicuous consumption.
As control over content and promotion is handed over to multinational conglomerates – the driving force for many large scale events – cities and nations also risk alienating the citizens who are identified as the main beneficiaries. Once sponsors have a stake in an event, the presentation of place for target market consumption is more difficult to manage and control. Hall identifies the problem as being about a perceived democratic deficit, whereby local citizens are disempowered from their rights in the furtherance of a large scale events policy.
Many Indonesian cities – especially Jakarta, Yogyakarta, and Denpasar – offer the short- or long-term resident an abundance of culture. There is always something going on , be it a wedding ceremony, festival, or even impromptu music gigs along the sidewalk. You’re certain to come across all sorts of goings-on while riding your bicycle around the streets of your town and the neighboring https://www.glossyfied.com/how-to-entertain-yourself-while-in-asia/ area. Being an orang bulan (a nickname for foreigners, translated as “moon person”), you’ll stand out and will have a group of inquisitive Indonesians surrounding you in no time at all. • The marketing of Singapore as the bridge between the East and the West for international events. • Placing Singapore on a global map and the importance of local cultural heritage in that positioning.
Tea Events
With our award-winning technology and services, we help organizations in more than 70 countries meet business challenges and create strategic opportunities by inspiring, entertaining, and engaging their audiences through video. Connected TVs saw the most growth in Q2 (160% year-over-year), indicating a resurgence in larger screens as the viewing medium of choice for entertainment. Also, as part of the new structure, leading Sony Music’s business inChina, Taiwan and Hong Kongwill be its Managing Director,Andrew Chan. Since joining Sony Music in 2017, Chan has signed high profile artists within the region and built partnerships with key digital and mobile companies. Previously, he led One Stop China, a joint venture between Sony Music Entertainment, Universal Music Group and Warner Music Group where he facilitated the transition of China’s biggest search engine, Baidu, into a licensed music distribution model. In his new role, Subramaniam will partner with each Sony Music company throughout the region to recommend and execute strategic acquisitions, joint ventures, investments and partnerships for the Company and its artists in the Asia and Middle East territories.
Moving forward, there will be new hubs throughout Asia and the Middle East that will report to Sony Music’s New York-based corporate leadership. Partnered withAsia Digital Entertainment Summit,who are determined to shine a light on the future of the digital entertainment industry, AIXR members receive a 10% discount on tickets to attend the show. Hero and Sarinah are two of the better-known stores, and feature an excellent stock of goods at reasonable prices. This is the best place to look if you crave food from home or need certain skin or hair care products. Every town of any size has at least one market featuring fresh fruit and vegetables, live fish and chickens, arts and crafts shops, clothing stores, and food stalls, or warungs.
Market Overview
They argue that civic spaces are now colonised by private capital (e.g. sponsors), often at the bequest of the public authorities. There are a number of problems associated with this development when considered in relation to festivals and events and their projected tourism returns. First, as invented or contrived cultural events and festivities colonise civic space (e.g. squares, main avenues) the outcome can be the production of intensely regulated, or gated, communities identified by the presence of security barriers, security guards and the ubiquity of CCTV cameras. Regulatory control over licences, traffic management, environmental pollution and the like ensure that the civic authorities and their coalition partners can easily manage the cultural offering to produce ‘safe’ spaces for tourist consumption. However, this can leave the impression of a public culture controlled and contained, managed and directed for the benefit of the footloose consumer.
In recent campaigns, Singapore has been labelled a ‘global arts city’, ‘uniquely Singapore’, an ‘eventful city’ and, most recently, the ‘Events and Entertainment Capital of Asia’. It is the final label, the Events and Entertainment Capital of Asia that will occupy our attention in the remainder of this chapter. This response was also repeated in interviews with the cultural agencies and with representatives of the STB. Singapore is often described as a ‘hub’ for a variety of business and travel processes, but it is now striving to exploit its events and entertainment offering to gain recognition as a tourism destination in its own right rather than as a stopover on the journey to Australia. In the intensely competitive Asian region, Singapore is adopting a strategy of urban entrepreneurialism, competitiveness and growth .
This new structure will enhance collaboration with the regional leadership team to drive our strategic business and creative priorities. The TEA Asia Pacific Division covers a wide geographic area, from Japan to India and from China to Australia and all points in between. Asia Pacific is the most dynamic region of our international industry with a rapidly rising middle class seeking engaging entertainment experiences.
- In September 2019, The China Media Group , one of China’s significant broadcasters, announced that it would launch more than 200 new programs as part of a production revamp.
- Professionals working in gaming, animation, video, music and related fields, are welcome to attend.
- Under his leadership, the Company has built a strong roster in Hindi Soundtracks, Pop and Regional language music and acquired Magnasound, Crescendo and other catalogues to build a strong presence in multiple languages and music genres.
- Working in tandem with the principal economic development agency, the Ministry for Trade and Industry , the STB provides public subsidy and expert support to incentivise cultural and sporting festivals and events to attract tourist expenditure.
- When considered alongside the views of the elite interviewees – the ‘local interactional context’ (Flick, 1999, p. 198) – a more thorough evaluation of strategic rhetoric and local realities can be accessed.
In Zukin’s words, culture is increasingly the ‘business of cities’, an ‘instrument in the entrepreneurial strategies of local governments and business alliances’ (p. 12). These place wars are driven by the need to create a favourable image to tourism, migration and business marketplaces. Increasingly, sporting and other cultural festivals and events represent particularly attractive communication vehicles for cities as they interact with the globalised media complex and vie for the attention of policy makers, consumers and investors, alike. In the competition for attention , places seek out means of differentiation and distinction; unique qualities which can attract valuable mobile capital to advance their economic standing. The decision to engage in city event branding of this sort is almost always politically motivated, rather than cultural or even economic.
Of The Best Places To Party In Asia
Driven by its agencies of economic development, the Singaporean state has engaged in a place-competitive re-imaging strategy intended to produce a ‘vibrant global city that is abuzz with high quality entertainment and events’ . To further emphasise the strategic importance of this flagship event to the city, the STB has made a commitment to fund 60% of the costs from a Tourism Development Fund, complementing private investments. This represents an example of public and private growth coalitions working in tandem to showcase an area’s unique facilities and attractions, as a means of gaining valuable coverage in the global media complex. However, in recent years, Singapore has also sought to exploit its popularity as a travel destination, even in the face of the SARS crisis early in the new millennium.
Today, cities are under pressure to be seen to be bidding for sporting mega-events or to create large scale festivals so that they maintain position in the rankings of top global cities . In many respects, Singapore has invested in its creative and cultural offering as much out of necessity as of choice. This need is driven by the fact that there are scant natural resources in this island nation, due to its small land mass and high population density. Unlike Korea and Taiwan, Singapore does not have ship building or agricultural activities on which to generate economic growth. However, the ruling party seized the opportunity to use ‘cultural maintenance’ to both exercise power over the people and form new markets .
As part of this strategy, Singapore has invested significant public funds to support infrastructural developments and bids for internationally recognised sporting events which bring immediate symbolic returns, in terms of the communication of managed images through the global media complex. The forthcoming Singapore F1 Grand Prix is the vehicle on which Singapore hopes to build an international reputation as a leisure and entertainment hub – one worth visiting as a destination in its own right. The brand identity transmitted in the interface between traditional cultural events and manufactured sporting spectacles is inseparable from the notion of Singapore as New Asia – a city in which tradition and modernity sit as one alongside multi-ethnic diversity and globally recognisable products and services.
In contrast, events and festivals ‘provide a means of adding flexibility to fixed structures, supplying a source of spectacle which adds to the image value of a landmark’ (Richards and Wilson, 2004, pp. 1931–1932), or of a destination. Events are an attractive proposition for policy makers because they animate objects, they enliven the physical environment and, in their uniquely media-friendly form, they transcend geographical boundaries. Using Chang and Huang’s terminology, the creation of ‘eventscapes’ also allows places to produce new symbolic meanings, catering for ‘new lifestyle needs’ (p. 276). Leisure and tourism markets represent key strands in STB’s strategy to create a unique Destination Singapore brand identity that complements its well established reputation as a leading business destination.
The primary factors for the growth of the entertainment industry during the COVID-19 pandemic include the increased adoption of online video streaming, notably Netflix, Amazon Prime, among others. Entertainment venues, such as online video streaming, sports, live events, and trade shows. Social distancing, quarantining, and staying home will have a significant effect on media consumption as TV viewing, social media conversations, and indoor lifestyle-friendly application usage have rapidly increased. Brightcove’s Q Global Video Index analyzes hundreds of billions of recent data points from Brightcove’s customers globally to provide insights into how viewers are watching video content.
Establishing Singapore As The Events And Entertainment Capital Of Asia
Hit up Pham Ngu Lao when the sun starts to fade, as the evening comes the place becomes alive with a mix of locals, expats and travellers all sinking cheap beers at the roadside cafés. Be sure to grab a little grub too, it’s tasty and it will line that stomach in preparation for the night’s celebrations (I know eating’s cheating, but they who eat smart, stand last… that didn’t quite work, did it?). From the beach bars with their fire shows to the mini-clubs on the hostel strip, all fuelled by cheap beers and infamous ‘buckets’, you’ll be able to find all you need. Forget Kuala Lumpur and definitely leave Penang well alone, if you’re looking for a proper party in Malaysia, this little island is it. During the sunlight hours it’s all about relaxing on some of the most perfect beaches you’re ever likely to see , while in the evening things get a little crazy.