Singapore 

NUS responds after female undergraduate demands firm action to be taken against student who took video of her in the shower, Singapore News

The National University of Singapore (NUS) has responded to a Stomp query regarding an undergraduate who took to social media to demand firm action to be taken against another student who allegedly took a video of her showering in her hostel bathroom. A Stomp contributor alerted Stomp to Monica Baey’s series of Instagram Stories she posted on Friday (Apr 19). The 23-year-old told Stomp she was taking a shower On Nov 25, 2018 at about 1.20am at Eusoff Hall when she noticed an iPhone sticking out from underneath the cubicle…

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Singapore 

Student wants firm action from NUS after man who filmed her in hostel shower goes ‘scot-free’, Singapore News

An undergraduate from Singapore’s National University of Singapore (NUS) has taken to social media to publicise a peeping Tom incident at her hostel, asking for “real change” in how authorities tackle acts that violate women. Monica Baey, 23, a third-year communications major, said she was taking a late-night shower in her hostel bathroom last November when she saw a mobile phone peeking from below the cubicle door. Before she could react, the phone disappeared and she heard whoever it was filming her dash out of the bathroom at NUS’ Eusoff…

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China 

Head of China’s biggest state firm in Hong Kong urges Beijing to deepen market reforms

The head of China’s largest and oldest state-owned company in Hong Kong has recommended that the government should let competitive forces play a bigger role in certain market-oriented industries.The government should continue to dominate industries monopolised by state entities, such as power distribution and transmission, whereas industries that are already populated by private enterprises or quasi-state companies should be allowed to compete.“Let the fittest survive,” said Fu Yuning, chairman… Source link

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Home 

Singapore investment holding firm United Industrial raises stake in Marina Centre for S$485 million

United Industrial Corporation, a subsidiary of UOL Group, is acquiring a further 24.27 per cent stake in indirect subsidiary Marina Centre Private Holdings (MCH) for S$485.3 million (US$358.86 million), to be paid in cash. It already owns a 53.07 per cent stake in MCH.The acquisition is being made through the purchase of shares from the following vendors – 10 per cent from OUE for S$200 million, 10.27 per cent from Finnegan Investments for S$205.3 million and 4 per cent from Mackmoor for US$80… Source link

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Singapore 

Debt recovery firm director admits to offences including harassment and fighting in public, Singapore News

SINGAPORE – Vantage Debt Recovery is a legitimate business but some of the methods used by the company’s director Jasmine Tan Su Ling were definitely unlawful. In 2016, Tan and a group of men went to the workplace of a purported debtor. There, she hurled vulgarities at the man and threatened to report him to the police for “molesting” her. On two occasions in 2017, she sent two men to the flat of another man where they harassed members of the household including his wife and maid. The court heard…

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Home 

Prepare for a looming buyers’ market in global assets, says Chinese firm seeking to boost foreign holdings

The financial services arm of China Everbright Group, one of the first state-owned conglomerates established in Hong Kong in the early 1980s, is planning to ­enlarge its global portfolio and transform itself into an international private equity and asset management firm.“This year, we will continue to increase the percentage of foreign asset allocation in order to maintain steady growth. The strategy includes increasing investments through our funds and boosting our US dollar denominated funds,… Source link

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Singapore 

New ride-hailing firm FastGo apologises after accidentally revealing e-mail addresses of 300 drivers, Singapore News

SINGAPORE – The latest entrant in the ride-hailing market has apologised after accidentally revealing the personal e-mail address of about 300 drivers. Vietnamese start-up FastGo, which started driver registration on Monday (April 1), sent an e-mail on Friday to interested drivers requesting documents to complete their sign-up. But it copied the e-mail addresses in the “To” field when sending out the request so the contacts were visible to all recipients. The firm should have used the BCC option – blind carbon copy – to conceal the e-mail addresses of other…

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Home 

Hong Kong finance firm comes up with loan scheme targeting Gen Z ease their way into a world of soaring rents

Finance companies are targeting Hong Kong’s young renters who are not only finding it difficult to step on the property ladder in the world’s most expensive real estate market but also keep up with soaring rents.United Asia Finance (UA), one of the city’s largest money lenders, said on Wednesday that it would offer loans of up to 10 times the monthly rent or a maximum of HK$200,000 to ease renters’ financial burden that can accounts for up to 50 per cent of an individual’s monthly income.UA did… Source link

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Vietnam 

Construction firm Xuân Mai Corp returns to stock market after six years – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Xuân Mai Investment and Construction Corporation (Xuân Mai Corp) will return to the stock market after being removed in 2013. Xuân Mai Corp would re-debut nearly 55 million shares on the Unlisted Public Company Market (UPCoM) under code XMC, according to the Hà Nội Stock Exchange. In November 2013, the company cancelled its listing on the Hà Nội Stock Exchange to shake up its business organisation. Since its listing cancellation, the company had made some changes to the board of…

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Home 

Softbank-backed firm wants to put 100,000 cloud-based robots in the market by 2021, to seek US$300 million in private funding

Cloudminds Technology, the Santa Clara, California-based developer of a cloud-based platform capable of operating intelligent consumer services robots, is aiming to put 100,000 units of high-end robotics, such as humanoid robots, in the market by the end of 2021.To realise this goal, Cloudminds and its business partners will need “billions of US dollars”, according to its chief financial officer, Richard Tang. The company is looking to raise at least US$300 million in Series B funding through a… Source link

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