Singapore 

5 spooky tales from Singapore film sets that will give you the chills this Hungry Ghost Festival , Lifestyle, Entertainment, Singapore News

If you’re interested in the dead, don’t be surprised to find out that the dead are just as interested in you — especially if you work in the entertainment industry. Anyone who has ever worked on the set of an Asian movie will tell you that there are rituals and ceremonies that precede the official filming in order to precipitate a smooth shoot. According to one producer I spoke to, film sets are often haunted because spirits in the area are drawn to these sites of entertainment since they lead an otherwise mundane…

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Global 

Commerce sets steep preliminary duties on Chinese-made cabinets

This story is published in a content partnership with POLITICO. It was originally reported by Doug Palmer on politico.com on August 6, 2019.The US Commerce Department announced on Tuesday preliminary countervailing duties of about 230 per cent on two Chinese companies that export kitchen cabinets and bath vanities to the United States in one of the biggest trade remedy cases in years.Domestic producers filed a request for import protection earlier this year. They said they were being driven out… Source link

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Home 

Toyota invests US$600m in Didi Chuxing, sets up new mobility joint venture in China

Toyota Motor Corp will invest US$600 million in Didi Chuxing and establish a new joint venture for mobility services with the Chinese ride-hailing giant as competition in its home market intensifies.That collaboration will be set up with GAC Toyota Motor Co, the Japanese car maker’s automotive manufacturing venture based in the southern coastal city of Guangzhou, and focus on providing “quality car maintenance support and safe driving guidance to ride-hailing drivers” on the mainland, according… Source link

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Money 

China’s government sets up Dajia Insurance to take over Anbang’s assets as the disposal of former asset buyer nears

China’s government has established a new insurer to take over the operations of Anbang Group, more than 16 months after one of the country’s biggest asset buyers was put under state ward and its chairman was jailed for fraud.Dajia Insurance Group was registered on June 25 in Beijing with 20.4 billion yuan (US$3 billion) of capital put up by identical shareholders as Anbang, according to documents published by the business registrar.The move is the clearest sign that the China Banking and… Source link

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Global 

Apple supplier sets up shop in Indonesia as island of Batam profits from US-China trade war

Within the coming months, Pegatron Corporation, one of Apple’s biggest suppliers, will open its first factory in Batam, Indonesia, as part of the Taiwanese electronics maker’s effort to insulate themselves from the impact of the US-China trade war.The US$40 million project, which will help diversify some of its manufacturing away from China, is expected to make wireless chips and semiconductors for routers across some 9,000 square metres (97,000 sq ft) of floor space in the 320 hectare (790… Source link

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Singapore 

Online scam victims here typically fall for fake listings of AirPods and Nintendo Switch sets, Digital, Singapore News

Online purchase scams continue to be a prevalent worry here, noted the Singapore Police Force (SPF), and gizmo enthusiasts might be falling hard for them.  In an advisory issued this morning, the authorities revealed that there have been at least 445 reports (and counting) lodged between January and May this year over e-commerce scams involving mobile phones and electronic gadgets. Namely Apple AirPods, Nintendo Switch consoles, and Samsung smartphones.  The scam involves victims making payments for false offers made on online marketplaces and e-commerce platforms before the fake vendors go…

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Home 

Popular Chinese hotpot chain sets its sights on US, to open first outlet in New York early next year

Xiaolongkan, one of China’s largest hotpot chains, will open its first shop in the US in early 2020 and add nine more restaurants overseas in the next two years, the latest indication of the Chinese hotpot industry’s global ambition.The Sichuan-based chain is bringing its famous spicy hotpot to New York as soon as the first quarter of next year, company officials said. It has just signed a lease for a 500 square metre space in a new commercial complex named Tangram located in Flushing, also… Source link

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Vietnam 

Aquatic firm sets to withdraw from two sub units – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Fish is processed by workers at Hùng Vương Corporation. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Aquatic producer and exporter Hùng Vương Corporation plans to sell its stake in two smaller seafood processing firms. Hùng Vương wants to sell its 90 per cent stake in Hùng Vương Bến Tre Seafood Processing Co Ltd, worth VNĐ180 billion (US$7.74 million). In addition, the firm plans to cut its ownership in An Giang Fisheries Import and Export JSC to below 50 per cent from nearly 80 per cent. Hùng Vương holds more than…

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Home 

HSBC sets up US$880 million technology fund to find the next Tencent, DJI or Huawei in the Greater Bay Area

As companies are looking to cash in on the potential of uniting the infrastructure and development of the Greater Bay Area, HSBC said on Tuesday that it is creating a US$880 million technology fund to provide financing to early stage companies in the region.The GBA+ Technology Fund will focus on lending to high-growth companies in mainland China, Macau and Hong Kong in a variety of sectors, including e-commerce, financial technology (fintech), robotics, biotech and health care technology, HSBC… Source link

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Home 

8 Deep Water Bay Drive sets the record for most expensive apartment in Asia

[Sponsored Article] The beauty of exclusivity and tranquility Cradled by the natural beauty of the rich woodland tapestry of low-density southern Hong Kong island, 8 Deep Water Bay Drive is an ode to tranquillity and privacy.  From within, over 80 per cent of the development is devoted to green space. Its 52 spacious apartments offer a dream home to those seeking space to unwind and enjoy mindful living in a serene environment. It is this uniqueness that enabled the development to set the… Source link

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