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Business

Fuel prices cut due to value-added tax reduction

Fuel prices cut due to value-added tax reduction

Retail fuel prices have been lowered starting Tuesday as a National Assembly resolution on value-added tax reduction took effect.
July 1, 2025 | 10:33 am GMT+7
Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore

Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore

Hong Kong continues to boast the world's costliest homes, edging out Zurich and Singapore despite a 20% decline in prices since 2020, a new report shows.
July 1, 2025 | 09:46 am GMT+7
Motorbike giant Harley-Davidson fined $1.4M in Japan for imposing excessive quotas on dealers

Motorbike giant Harley-Davidson fined $1.4M in Japan for imposing excessive quotas on dealers

Japan's antitrust authority is preparing to fine Harley-Davidson's local subsidiary JPY200 million (US$1.38 million) for imposing unreasonable sales quotas on dealers.
June 30, 2025 | 04:34 pm GMT+7
Philippine billionaire Andrew Tan’s company hikes tourism investment with $113M beachfront complex

Philippine billionaire Andrew Tan’s company hikes tourism investment with $113M beachfront complex

Megaworld, the real estate division of Philippines-based billionaire Andrew Tan’s Alliance Global, is intensifying its focus on tourism by developing a PHP5 billion (US$113 million) leisure complex.
June 30, 2025 | 04:34 pm GMT+7
Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Jeremy Wong, son of Peter Wong, chairman of HSBC’s Asia subsidiary, has bought four luxury flats in Hong Kong this year, spending at least HK$231 million (US$29 million).
June 30, 2025 | 03:02 pm GMT+7
Quitting Wall Street career for $100M-a-year startup: How Malaysian entrepreneur Kimberley Ho built fortune on skincare for kids and teens

Quitting Wall Street career for $100M-a-year startup: How Malaysian entrepreneur Kimberley Ho built fortune on skincare for kids and teens

Malaysian-born Kimberley Ho, a Stanford alumna, traded her investment banking career to build Evereden, a family skincare brand that now generates US$100 million in annual sales.
June 30, 2025 | 02:58 pm GMT+7
Gold bar price rises as global rates rebound

Gold bar price rises as global rates rebound

Vietnam gold bar prices rose on Monday afternoon as global bullion rates recovered from a one-month low.
June 30, 2025 | 02:04 pm GMT+7
Dollar slips against dong

Dollar slips against dong

The U.S. dollar dipped against the Vietnamese dong Monday morning as it hovered near a four-year low against the euro.
June 30, 2025 | 12:09 pm GMT+7
 
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