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This past June, Art Assembly, a company known for running major art fairs across Asia-Pacific, announced ambitious plans to launch a whole new international fair in Japan. Known as Tokyo Gendai, it is set to kick off in July 2023 with 80 to 100 international art galleries. Tokyo Gendai is hardly the only new art fair to…
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With its history as a former British colony, Hong Kong has long been Asia’s dominant financial center, and in turn the region’s main art capital. But the Special Administrative Region has had a tumultuous few years—from a new National Security Law imposed in 2020 to turbulent domestic protests to an ongoing “Zero Covid” policy that has seen its international…
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One fifth the size of Rhode Island, Singapore is an island city-state, off the peninsula of Malaysia, in the middle of Southeast Asia, that wields immense power in the global financial and trade industries, like its traditional rival Hong Kong in the north. Also like Hong Kong, Singapore’s government has been harboring larger-than-life ambitions to position the country as…
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Even as 10 million jobs were lost across creative industries worldwide during the pandemic, the art market, like most luxury sectors in 2021, experienced a boom year. There were ludicrously high sales at global auction houses Christie’s and Sotheby’s, totalling US$7.1 billion and $7.3 billion respectively. Meanwhile, many galleries and art fairs in dynamic art…
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Due to the onset of COVID-19 and a series of inevitable postponements, 2022 is going to be a rare landmark year for the art world, with a slew of biennales and major international art shows set to take place. During the first pandemic year, La Biennale di Venezia pushed its 59th edition back one year…
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Art Industry Insights With Reena Devi 