Singapore 

Boy among four taken to hospital after flames scorch Tampines HDB block corridor, Singapore News

SINGAPORE – Four people had to be taken to hospital after flames torched the 11th-floor corridor of a Tampines Housing Board block on Monday morning (April 15). The Singapore Civil Defence Force (SCDF) said that it was alerted to the fire at Block 492E Tampines Street 45 at 9.15am. “The fire involved household items stacked along the corridor on the 11th floor,” the SCDF said in a Facebook post at 1.30pm, adding that the cause of the fire is being investigated. Three community first responders had attempted to put out…

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Poor diets, both among the overindulged and malnourished, kill more people every year than smoking, Lancet study finds

The British medical journal The Lancet last week resumed its war on “Big Food” with a report that estimates poor diets causing one in five deaths worldwide, significantly more than tobacco and smoking.Health authorities should broaden their battles against obesity, heart disease, cancer and diabetes – currently aimed at specific harmful ingredients like sugar, starch and sodium – and encourage communities to eat fruit, vegetables, legumes, whole grains, seeds and nuts, the study said. In a… Source link

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Sunac, China’s fourth-largest property developer, recorded highest selling price among ‘Big Five’ companies last year

Sunac China, the country’s fourth-largest property developer by sales, recorded the highest average selling price – 15,200 yuan (US$2,264.9) per square metre – among China’s “Big Five” developers last year.According to data by JPMorgan, Sunac, which focuses mainly on large cities, beat China Vanke, the country’s second-largest developer by sales, by a whisker. The average selling price at Vanke was 15,032 yuan per square metre. Country Garden, China’s biggest developer by sales, reported an… Source link

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Singapore 

Three Singaporeans among cosplayers arrested in Malaysia, Singapore News

Three Singaporeans who were part of a cosplay festival in Kuala Lumpur at the weekend were detained by Malaysian authorities for allegedly violating the conditions of their social visit passes. Malaysian media reported that the country’s immigration authority – Jabatan Imigresen Malaysia (JIM) – conducted a raid on Cosplay Festival 4, a two-day event at Sunway Putra Hotel, at about 2pm on Saturday. JIM Kuala Lumpur director Hamidi Adam told media that 12 people were detained, including the event organiser, Mr Ahmad Syafiq Nizar Ahmad Radzi, a 27-year-old Malaysian. The…

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Hong Kong virtual bank among Standard Chartered’s digital bets as bank aims to improve returns

Standard Chartered hopes to make its proposed virtual bank in Hong Kong a key pillar of its digital strategy as the lender looks to streamline and grow its retail business in parts of Asia and Africa, Bill Winters, the bank’s chief executive, said on Tuesday.The lender, which is based in London but generates much of its revenue in Asia, is waiting to hear whether it will receive one of the first virtual bank licences that the Hong Kong Monetary Authority plans to issue this year.Speaking at the… Source link

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Property 

Singapore, China among top investors in US student housing market

The growing number of overseas students heading for colleges and universities in the US is being matched by a rise in foreign investments in students’ accommodation. Singapore was the top source of investment in student housing in the US, putting in US$5 billion between 2016 and 2018, data from London-based Real Capital Analytics showed. The rest of the field was a long way behind, with Germany in second with US$373.1 million of investment, Bahrain third with US$342.1 million and France… Source link

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China 

BMW, Mercedes among luxury carmakers to cut prices in mainland China amid weaker demand, lower VAT

A clutch of luxury car brands including Mercedes-Benz, BMW and Volvo have cut the prices of their vehicles in mainland China after the government announced it would lower value-added tax.The price reductions, amid lacklustre sales in the first two months of this year, added to evidence that the world’s largest auto market is grappling with weaker consumer demand after nearly three decades of sizzling growth.Chinese Premier Li Keqiang said last week that Beijing would slash the VAT on… Source link

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Singapore 

Singaporean bomber among militants killed in Philippines army assault, Singapore News

MANILA – At least 20 terrorists, including two leaders of the Islamic State in Iraq and Syria-inspired Bangsamoro Islamic Freedom Fighters (BIFF) and a Singaporean bomber, were killed in bombardment and a ground assault on a BIFF lair in the Philippine province of Maguindanao, the military said on Tuesday. Major General Cirilito Sobejana said remnants of the BIFF are still resisting government troops aiming to occupy a terrorist camp in the area. Among those reported killed were BIFF leaders Salahudin Hassan and a certain Commander Bastardo and Singaporean bomber Muhamad Ali…

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Vietnam 

VN among the world’s top ten emerging markets by logistics – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Copyrights 2012 Viet Nam News, All rights reserved .Add:79 Ly Thuong Kiet Street, Ha Noi, Viet Nam. Editor_In_Chief: Trinh Thanh Thuy Tel: 84-24-39332316; Fax: 84-24-39332311 E-mail: vnnews@vnagency.com.vn Publication Permit: 381/GP-BTTTT. Source link

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Cash gains popularity among world’s super-rich amid concerns over political instability, downturn

The world’s ultra high net worth individuals (UHNWIs), classified as people holding US$30 million or more in assets, are moving their allocations into cash, according to the latest Knight Frank Wealth Report, released on Wednesday.Globally, 45 per cent more wealth managers surveyed by Knight Frank reported that their clients increased their cash positions in 2018, and that 27 per cent more managers expected their clients to do the same in 2019. In 2018, 21 per cent more wealth managers reported… Source link

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