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Singapore Penalizes Banks For 1MDB Linkages
The country of Singapore regulators said Friday they will fine two banks a total of over $5.3 million for having breached money laundering rules in dealings with an indebted Malaysian state fund.
Quadria Capital To Use $300 Million Fund To Close Deals In Asia
Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.
Research Firm Predicts Less Sales For PlayStation VR Than Previous Forecast
Reports by SuperData indicated a downward sales projection for PlayStation VR. Contrary to the high estimated sales the firm released earlier this year, the projected units that would be sold by the end of this year dropped to 750,000.
Canada’s Agricultural Sector In Crisis Due To Labor Shortage
Shortage in low-skilled farm workers threatens to double in 2025, worsening the already challenged agricultural sector. The growing labor gap in the sector was brought about by different factors that include globalization, physicality of work and aging work force, and the existing immigration policy.




