[July 8th] Japanese brewer Sapporo to invest $643M in Singapore-based venture with Carlsberg
Japanese brewer Sapporo will form a strategic partnership with Denmark’s Carlsberg, investing about US$643 million for a 25% stake in a Singapore-based joint venture that covers Southeast Asia and Hong Kong. The venture, expected to be established in December 2026, will be owned 75% by Carlsberg. Sapporo said the alliance will expand an existing partnership …
[July 7th] Three Singapore shophouses sold to firm linked to Tat Lee Bank’s founding family for $54M
A firm said to be linked to the Goh family, who founded local lender Tat Lee Bank, has purchased a row of three freehold commercial shophouses in Singapore for S$70 million (US$54.2 million). The adjoining two-story shophouses at 29B/C, 31 and 33 Lorong Liput in Holland Village were sold to TL Developments, which is understood …
[July 6th] Vietnam police bust $38M football betting, lottery gambling ring in World Cup crackdown
Police have dismantled a gambling network involving football betting and illegal lottery gambling with transactions totaling more than VND1 trillion (US$38 million) in southern Vietnam as part of a nationwide crackdown during the 2026 FIFA World Cup. Can Tho City Police on Saturday said the operation was carried out under the direction of the Ministry …
[July 5th] South Korean fast food chain Mom’s Touch to make Singapore comeback 4 years after closure
South Korean fast food chain Mom’s Touch is returning to Singapore after all of its outlets in the city-state shut down four years ago. Several social media posts show a boarded-up unit in Singapore’s Chinatown displaying Mom’s Touch branding alongside K-pop girl group Le Sserafim, the chain’s ambassadors, with each member pictured holding different menu …