Singapore 

We try bubble tea mala hotpot and bubble tea toast – guess which one’s got us hooked?, Singapore, Food News

Picture this: eating mala hotpot and dipping raw beef slices in a matcha-flavoured bubble tea (BBT) soup base. What about BBT in the form of toast? Pearls and all included. Sounds like a recipe intended for disaster? Or could it be an unexpected winning combination? I sacrificed my stomach (and daily caloric intake) to see if dubious BBT food creations such as Mala BBT hotpot and BBT toasts will be worth your time, money and waistline. Here’s my review of two creative BBT takes that don’t come in a cup.…

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Home 

Hong Kong’s bubble has protected it from the disruptions of the digital revolution, but this won’t last forever

In Hong Kong, we live in a bubble. Not a bubble that can be popped, but the kind that a patient lives in if they don’t want to catch an infection. Not that Hong Kong is necessarily more sick than anywhere else – indeed, far from it, for our bubble is protecting us from a lot of economic hardship. It doesn’t take too long when travelling in Europe or the US to experience culture shock at how the world has changed.Whole streets look tatty and disinterested, with every second outlet boarded…

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Vietnam 

Bubble tea, a gold mine attracting investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers queue up to purchase milk tea outside a shop in Hà Nội. VNS Photo Đoàn Tùng   HCM CITY — Investors are flocking into the bubble tea market since demand is booming across the country. Market researchers have found the market is growing at 20 per cent a year and reached US$300 million two years ago. There are over 100 brands already and many more famous names are flocking in. In large cities like HCM City and Hà Nội, it is easy to find bubble tea stores belonging to major…

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Singapore 

Bubble tea in Singapore: Old favourites and new outlets, Singapore, Food News

The bubble tea hype in Singapore has gotten bigger and stronger recently, and it seems like it’s here to stay. We scoured the island to curate a list of old favourites as well as some new, must-try bubble tea brands that do the classic milk tea best. We’re talking about a milky treat, that is velvety smooth to taste, has that fragrant tea aroma, and of course, tapioca pearls that are soft and chewy. Say goodbye to your diet because you’re going to want at least one or all of…

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Home 

China’s US$59 billion internet and technology bubble will trap many private-equity investors when it bursts, Bain says

China’s internet and technology sector is a bubble waiting to burst, according to an annual Asia-Pacific private equity report for 2019 released by Boston-based global management consultancy Bain & Company on Friday.According to the report, many private equity (PE) investors are stuck with portfolio companies bought over the past five years at high multiples. They now also face a deteriorating outlook for their investment.“That scenario, if and when it comes, will make it tough for general… Source link

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Home 

The hottest cryptocurrency, Tron, rekindles memories of the bitcoin bubble for worldwide traders

Memories die hard in the cryptocurrency market, where a digital token known as Tron has almost doubled in value over the past month. Like many of the start-ups that surged in value before crashing during the digital-asset market bubble, the company features a young entrepreneur, questions about usage of its main product and a lot of hype. TRX, as the token launched in 2017 is officially named, has a market value of about US$1.6 billion, making it the ninth-largest virtual coin, as measured by data provider CoinMarketcap.com. At the centre…

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Property 

Why China’s housing market bubble won’t burst any time soon

It’s fair to say China is facing a property market bubble in the sense that housing prices are far beyond people’s affordability. The price-to-income ratio in cities like Beijing and Shanghai is around 23, meaning the average household would have to work for more than two decades, without spending, to buy a home. In Tokyo and New York, that ratio is much lower at about 13. Some analysts are even predicting the Chinese economy will implode, including a collapse in housing prices, with or without external challenges such as the…

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Property 

Here’s how Hong Kong let the air out of its property bubble without popping it

Less than two months ago, Hong Kong was named home of the world’s biggest property bubble. Now it may become known as the model for how to slowly deflate a bubble and avert a painful burst. Signs the air is slowly seeping out of the bubble are growing: Home prices slipped some in August and September – after a 28-month bull run that drove up prices by 45 per cent. Long queues of hungry buyers are far shorter. Even auctions of foreclosed homes are coming up short of bidders. Meanwhile,…

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Property 

There’s no Hong Kong housing market ‘bubble’, insists CK’s Victor Li

Victor Li Tzar-kuoi, the elder son of Hong Kong’s richest man Li Ka-shing, says Hong Kong’s housing market is not in a bubble waiting to burst despite continued skyrocketing prices, and dismisses suggestions he is about to change the development path of the group his iconic father founded. His comments contrast with a UBS report released in September which suggested the market remained the world’s most overvalued for homes, and was seriously at risk of overheating. “Do not say it is a bubble. It is not that serious,” the new…

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Singapore 

Taiwan’s Tiger Sugar bubble milk tea to open at Singapore’s Capitol Piazza in early Nov, Singapore, Food News

SINGAPORE – Calling all milk tea lovers, Instagram addicts and those who call themselves both. Tiger Sugar, the latest bubble milk tea craze to hit Taiwan, will be making its foray into the South-east Asian market with a Singapore outlet in early November. Mr Trevor Fong, the managing director of parent brand Clover Lifestyle, confirmed with The Straits Times on Monday (Oct 8) that Tiger Sugar Singapore’s flagship store will be located at Capitol Piazza near City Hall MRT station. Fans in Singapore were previously left guessing about the store’s…

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