Agoda shares Asia's top three capital Cities that gave the best 'Bang for Your Buck' on New Year's Eve

SINGAPORE, Jan. 1, 2025 /PRNewswire/ -- Cambodia's Phnom Penh emerged as the most affordable capital city to book New Year's Eve accommodations in Asia, according to digital travel platform Agoda. Booking insights analyzed by Agoda revealed that the average room in Phnom Penh costed no more than 67 USD on the final day of 2024.

Phnom Penh's rate of 67 USD is followed by Hanoi, Vietnam and Jakarta, Indonesia, with average accommodation rates of 79 USD and 92 USD respectively. Jakarta was also the city where the cheapest hotel room in Asia's capital cities was booked this New Year's Eve, with a rate of just 2.45 USD. The most expensive was a suite booked in Bangkok's Siam district, costing 4,584.61 USD.

Lam Vu, Country Director Vietnam and Indochina at Agoda said: "At Agoda, we love helping travelers discover amazing destinations without the hefty price tag. While many travelers found great value deals on Agoda for top New Year's Eve destinations like Tokyo and Bangkok, the insights show that the best bang for your buck was offered elsewhere in Asia. Phnom Penh and Hanoi are perhaps less obvious as a New Year's Eve destination but offer great prices and a great deal of fun."

Phnom Penh, Cambodia's lively capital, celebrated New Year's Eve with street parties and fireworks along the riverside. The city's rich history and cultural landmarks provide a unique backdrop for travelers looking to explore an iconic capital without breaking the bank.

Hanoi, known for its charming Old Quarter and rich cultural heritage, welcomed the New Year with traditional performances and lively celebrations around Hoan Kiem Lake. The city's blend of history and modernity offers a captivating experience for visitors.

Jakarta, Indonesia's dynamic capital, rang in the New Year with concerts and firework displays across the city. Its diverse attractions and culinary delights make it a compelling choice for travelers seeking both excitement and affordability.

Agoda offers over 4.5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in the same booking. Travelers can explore these affordable destinations and more by visiting Agoda.com or by downloading the Agoda mobile app.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Agoda shares Asia's top three capital Cities that gave the best 'Bang for Your Buck' on New Year's Eve

Guillermo Veiga joins in November from Standard Chartered Bank in Singapore

LOS ANGELES, Aug. 27, 2026 /PRNewswire/ -- Capital Group, the world's largest global active investment manager, announced the appointment of Guillermo Veiga as Chief Information Officer. He will join the company in November, succeeding Marta Zarraga, who will retire at the end of the year. Guillermo will relocate to California from Singapore, where he currently serves as Group Chief Information and Operations Officer at Standard Chartered Bank.

"Technology, data and AI play an increasingly important role in how we deliver investment excellence, serve clients globally and scale our business," said Rob Klausner, Chief Operating Officer, Capital Group. "Guillermo brings a rare combination of deep technology expertise, operational leadership and global transformation experience. His track record leading large, complex organizations makes him the right leader to help advance Capital's long-term strategy and position us for the opportunities ahead."

Born in Uruguay and raised in Spain, Guillermo began his career as a hands-on technologist and has held senior leadership roles across Europe and Asia at Amazon Web Services, Cisco and Banco Santander, pairing deep technical fluency with strong operating experience.

"I was drawn by Capital Group's long-term commitment to its people and culture paired with its client-centric mindset," said Guillermo. "Capital is on the cutting edge of technology, and the opportunity to help lead during a period of global expansion for the company, amid the growing ability of data and AI to transform ways of working, is exciting."

About Capital Group

As Capital Group approaches its 100th anniversary in 2031, its long-term strategy remains firmly rooted in its mission to improve people's lives through successful investing. With over 9,000 associates and 34 offices around the world, Capital Group manages $3.6 trillion in assets for millions of wealth management and institutional clients around the world*.

*As of June 30, 2026.

© 2026 Capital Group. All rights reserved.

Media contact:
Caroline Semerdjian, Capital Group
Caroline.semerdjian@capgroup.com
(213) 615-3185

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Capital Group Announces Appointment of New Chief Information Officer