Vietnam 

Experts upbeat about MA scene in 2019 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Thai Beverage’s deal to buy a US$5 billion or 54 per cent stake in top brewer Sabeco has been the country’s biggest ever privatisation process so far. — VNA/VNS Photo Chương Đài Viet Nam News HÀ NỘI — Experts have predicted a banner year for merger and acquisition (M&A) activities in 2019 thanks to recent positive developments. According to Vice Chairman of the Việt Nam Foreign Investment Business Association Nguyễn Văn Toàn, M&A deals surged 160 per cent to US$9.9 billion in 2018, making disbursement of foreign direct…

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Vietnam 

Youngsters lead VN’s start-up scene – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI –– Việt Nam is among the most dynamic start-up hubs in the world and well-educated, young entrepreneurs are expected to improve the country’s position on the global start-up map. There are no official statistics on start-ups in Việt Nam, but according to some regional tech sources, as many as 3,000 are operating in the country, making it the third largest start-up ecosystem in Asia. The country jumped 12 places to 47th among 127 economies on the World Intellectual Property Organisation’s 2017 Global…

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Singapore 

Naked uncle, 55, arrested after causing 15-min scene at Toa Payoh market, Singapore News

A 55-year-old man was arrested after causing a 15-minute commotion at Toa Payoh Vista Market on Saturday morning (Dec 29). Several Stompers alerted Stomp to a video circulating on WhatsApp, showing the man strutting around the market while naked and barefoot. He can be seen holding a bundle of clothes in his hands. In response to a Stomp query, the police said they received a call for assistance at Block 71 Lorong 4 Toa Payoh at 8.30am and arrested the man under Section 7 of the Mental Health Act. According…

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Singapore 

Man arrested after “prancing along” ledge of Sembawang block during 3-hour scene, Singapore News

A 25-year-old man was arrested after causing a scene that lasted around three hours at Block 363C Sembawang Crescent on Tuesday afternoon (Dec 25). Stomp contributor Sam, a resident in the area, said he heard a commotion downstairs at around 3.30pm and looked out of his window. That was when he noticed a man at the opposite block. Sam told Stomp: “The man was prancing along the ledge outside the block of flats. He was going from one unit to another on the ledge for over two hours. “The police…

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Singapore 

Man who allegedly stole $35k worth of jewellery struggles with police officers after revisiting crime scene, Singapore News

SINGAPORE – A 23-year-old man, accused of stealing more than $35,000 worth of valuables from a Yew Tee Square jewellery store, was taken back to the crime scene on Thursday afternoon (Dec 20), where he was seen struggling with police officers. Toh Xin Ann was charged in court on Wednesday with one count of theft. He allegedly went to Gold Scale Jewels in Yew Tee Square at Block 624 Choa Chu Kang Street 62 at around 4.30pm last Saturday and made off with three gold necklaces and a pendant. They were worth…

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Singapore 

Woman arrested after claiming there was bomb at Geylang Road during 6-hour scene, Singapore News

A 30-year-old woman was arrested after causing a scene that lasted six hours in Geylang, during which she made false claims about a bomb. According to Shin Min Daily News, the incident occurred at a coffee shop along Lorong 10 Geylang on Tuesday morning (Dec 18). Witnesses told Shin Min that the woman appeared at the coffee shop at around 5am and kept wandering along the walkway. They said that she was acting strangely, appeared to be mumbling to herself, and also ran towards the traffic light to cross the…

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Ecommerce 

Indonesia’s e-commerce scene heats up as Tokopedia secures US$1.1 billion from Alibaba, SoftBank

Indonesian e-commerce company Tokopedia said on Wednesday that it had secured US$1.1 billion in its latest funding round led by Chinese e-commerce giant Alibaba Group Holding and Japan’s SoftBank Group Corp. This follows a similar investment in 2017, also led by Alibaba, which has been expanding rapidly into Southeast Asia amid slowing growth in China’s e-commerce market. Alibaba is the owner of the South China Morning Post. Tokopedia said it planned to use the funds to invest in technology and infrastructure, adding the firm would continue to focus on the…

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Home 

Trade war and censors blow chill wind through China’s giant tech scene

Wang Miaoyi’s small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels. The 30-year old game developer is a child of the county’s tech boom: she studied at one of China’s top universities and her company hit it big with an award-winning game that was published on Nintendo’s Switch console and the PC gaming platform Steam, with plans for roll-out on other game platforms. Now her ambitions – and those of many others across China’s giant tech industry – are…

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Property 

Cubans looking to swap their homes for a change of scene

Brigitte Garcia mills around a leafy Havana street, holding up a handwritten sign with a description of her home: a two-bedroom unit close to the capital’s Old Quarter. Every weekend for the past two years, Garcia shows up at the same spot on Havana’s Paseo del Prado, a pedestrian promenade, hoping one of the scores of other people milling about with signs of their own, takes an interest in her offer. Known as the Bolsa de Permuta de Prado, or Prado Exchange, this corner of the city has over the…

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