Singapore 

Residents evacuated after fire breaks out at St Regis Residences; man taken to SGH, Singapore News

SINGAPORE – Residents at the St Regis Residences in Tanglin Road had to be evacuated after a bedroom there went up in flames. The Singapore Civil Defence Force (SCDF) said it responded to the fire incident at 33 Tanglin Road at about 11.30pm on Wednesday (Feb 20). The fire involved the contents of a bedroom in a unit on level 12, and was extinguished using a water jet and a hosereel. “Upon SCDF’s arrival, the building management had already initiated an evacuation of the building,” it said. A man residing…

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Singapore 

Grab launches pet-friendly transport service GrabPet in beta, Singapore News

PET owners can now book a Grab ride on-demand with their animal companions on board, using the new GrabPet service launched in beta on Wednesday. The service, which charges fares from S$14, caters to all pets approved by the Agri-Food and Veterinary Authority of Singapore, except for birds. GrabPet also insures the animals on board. A maximum of two pets, each up to 41cm in length, or one pet over 41cm in length, will be allowed. Dogs will have to be leashed or in a crate, while the likes of…

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Vietnam 

Gov’t to look into unobserved economy – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — A project on unobserved economy statistics, expected to be launched next year, will serve as an important reference for the statistics sector to get up to international standards. Director General of the General Statistics Office (GSO) Nguyễn Bích Lâm announced the information at a press conference in Hà Nội on Wednesday. Lâm said the project would improve the quality of statistics to fully and correctly reflect the socio-economic situation, thus better serving sectors and localities’ planning. An unobserved economy is…

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Vietnam 

Global ETFs may eye eight VN blue chips – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Eight large-cap stocks may be included in the Financial Times Stock Exchange (FTSE) Emerging Markets Index if Việt Nam gets upgraded from a frontier to an emerging market in 2020. — Photo vietnambiz.vn HÀ NỘI — Eight large-cap stocks may be included in the Financial Times Stock Exchange (FTSE) Emerging Markets Index if Việt Nam gets upgraded from a frontier to an emerging market in 2020, according to Bảo Việt Securities Company (BVSC). In a recent report,…

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Singapore 

Biker linked to hit-and-run was in Cambodia for charity ride, Singapore News

The biker wanted by the Cambodian authorities for questioning over a fatal hit-and-run accident was part of a Singapore charity convoy that visited the country, The New Paper has learnt. Her Singapore-registered BMW R1200 GS Adventure motorcycle was allegedly involved in the Feb 7 accident in which an 81-year-old cyclist was killed. She was part of a group of at least four bikers in Cambodia from Feb 5 to 11 after riding up to Koh Kong province as part of a “humanitarian ride” to help the elderly and less fortunate.…

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Singapore 

Train Brand Haw Flakes recalled after woman claims she bit into glass; AVA investigating, Singapore News

SINGAPORE – A haw snack has been voluntarily recalled by its supplier here after a consumer claimed that she had bitten into a piece of glass while eating it. Mr Albert Goh, Sinhua Hock Kee Trading’s business development and marketing executive, told The Straits Times that it has asked supermarket chains to recall Train Brand Haw Flakes on Tuesday (Feb 19) after receiving the complaint. When contacted, the Agri-Food and Veterinary Authority of Singapore (AVA) said it has received feedback on this and is investigating. The affected batch comes in…

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Vietnam 

Regulations needed to support household businesses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – The amendments to enterprise and investment laws should be aimed at promoting the development of the private sector, a conference held in Hà Nội was told on Wednesday. Organised by the Việt Nam Chamber of Commerce and Industry (VCCI), the conference aimed to collect opinions about plans to amend the Law on Investment and the Law on Enterprise being compiled by the Ministry of Planning and Investment. VCCI’s Chairman Vũ Tiến Lộc said it was critical to create the legal framework for business households to promote…

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Vietnam 

Shares extend gains thanks to large-caps – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Shares extended gains on Wednesday, though the market saw wide divergence among stock groups. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.65 per cent to close at 970.58 points. The southern market index rose 0.32 per cent to close trading at 964.35 points on Tuesday. More than 170.8 million shares were traded on the southern bourse, worth VND4 trillion (US$171 million). Other large-cap stocks also performed well, boosting the blue-chip VN30 Index 0.44 per…

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Vietnam 

Thai firm to acquire Agribank subsidiary – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Thai financial firm Srisawad Corporation is looking to acquire the Finance Leasing Company I (ALC I) of the Vietnam Bank for Agriculture and Rural Development (Agribank) at an estimated cost of VNĐ523 billion (US$22.45 million). According to Srisawad, the company is waiting for approval from the State Bank of Việt Nam (SBV) for the deal. In response to the Thai firm’s acquisition proposal, recently sent to the Vietnamese Government Office, SBV said it would be processed after the ALC I restructuring…

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Vietnam 

Vietnamese firms need to win over local customers – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News The High Quality Vietnamese Product Business Association chose 542 enterprises to receive the prestigious “Vietnamese High-Quality Goods” certificate in 2019. This figure is nearly 100 fewer firms than in 2018 and fewer than in previous years, reflecting the fact that Vietnamese products face fierce competition from imported ones, in part due to the impacts of free trade agreements and the increasing diversification of modern foreign distribution channels into the domestic market. Chairman of the Việt Nam Chamber of Commerce and Industry (VCCI) Vũ Tiến Lộc…

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