The Netherlands

Singapore is Asia's most ready nation for autonomous vehicle adoption

SINGAPORE (Feb 13): Singapore continues to remain at No.1 in Asia in terms of readiness to embrace autonomous vehicles (AVs) and second in the world after the Netherlands, unchanged from a year ago.

This is according to KPMG’s 2019 Autonomous Vehicles Readiness Index (AVRI), which was established with the intent to provide an understanding of various countries’ preparedness and openness to AV technology.

Asia-Pacific to be a dominant driver in global infrastructure investment: CMS

SINGAPORE (Nov 30): Asia-Pacific, more specifically Australia, Singapore and China, are driving momentum interest for infrastructure investment, according to the CMS Infrastructure Index: A New Direction.

CMS is a full-service international law firm and its index ranks 40 jurisdictions in order of infrastructure investment attractiveness according to six key criteria – economic status, sustainability and innovation, tax environment, political stability, ease of doing business, and private participation.

First Sponsor to acquire Dutch heritage branded hotel portfolio for $323 mil

SINGAPORE (July 3): First Sponsor Group is acquiring a portfolio of heritage branded hotels in the Netherlands for €205 million ($323.3 million).

The deal to acquire a 95% stake Queens Bilderberg (Nederland) B.V. and 5% stake in EVENT Hotel Group was signed by First Sponsor’s 33% owned FSMC NL Property Group B.V.

QBN owns a portfolio of 17 hotels with 1,695 rooms and 13,661 sqm of conference space and is geographically spread across the Netherlands, including key gateway cities such as Amsterdam, Rotterdam and The Hague.

First Sponsor acquires Utrecht hotel property for $40.8 mil

SINGAPORE (June 21): First Sponsor Group is acquiring the third to ninth floor of the Poortgebouw Hoog Catherijne, in Utrecht, the Netherlands, for 26.4 million euros ($40.8 million).

To be developed into two hotels totalling 320 rooms, Poortgebouw Hoog Catherijne is a newly constructed building with a total lettable floor area of 11,604 sqm. The hotels will be operated by Hampton by Hilton and Crowne Plaza or brands of a similar quality, according to First Sponsor.

Singapore overtaken by Hong Kong in IMD World Talent Ranking

SINGAPORE (Nov 29): Singapore has fallen out of its position among the top 10 in the IMD World Talent Ranking 2016. The city state fell five places to 15th place while Hong Kong rose two places to take Singapore’s previous rank at 10th position.

This is the second year in a row that Asia has had just one representative in the top 10, according to a release by IMD on Tuesday.

The top 10 countries included Switzerland, Denmark, Belgium, Sweden, the Netherlands, Finland, Norway, Austria, and Luxembourg. Germany was at 11th place.

Singapore is second most connected country in the world

SINGAPORE (Nov 24): Singapore is once again the world’s second most connected country, based on the fourth edition of DHL’s Global Connectedness Index, trailing behind The Netherlands which retained its top spot.

At the same time, Europe remained the world’s most connected region with all but two of the Top 10 most globalised countries hailing from the region. United Arab Emirates was the other non-European country, after Singapore, in the Top 10 list.

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