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laundry

Every story tagged laundry on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged laundry

9 stories in this topic

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Sarah ChenFinance

China Records First Case of Money Laundering via CBDC

The pioneer of central bank digital currency, China recorded its first case of money laundering via the electronic yuan. Officials arrested 11 members of a criminal group in the Fujian province last week for allegedly laundering money using the country’s…

Hong Kong Customs
Rajiv MenonFinance

Hong Kong Customs Arrest $400 Million Money Laundering Family

Parents, three children, and a money exchange owner were arrested by Hong Kong customs over alleged money laundering of nearly $400 million. Investigations first kicked off in 2018 after a tip-off from a bank and since then, the family made 6,000 «suspicious…

money laundry
Sarah ChenFinance

Money Laundering’s Last Bastion Set to Fall

Financial regulators are cracking down on the opaque international fine art market’s untoward methods and loopholes for money laundering. The Swiss «Bouvier case» was the trigger. Prosecutors in Geneva and New York are wading through reams of evidence…

MrJeff
Aiko TanakaStartups

Mr Jeff plans more outlet in Singapore and Philippines

Spanish on-demand laundry startup Mr Jeff plans Singapore and the Philippines expansion. The company aims to open more than 75 franchises in the Philippines, and 30 in Singapore by the end of this year. A Mr Jeff app allows users to book laundry services…

singapore vending machine 09082016 620 465 100
Aiko TanakaGeneral

Rise of the machines: Vending machine culture comes to Singapore

Bananas, live crabs, make-up and even guitar strings are just a few things that one can find in vending machines around the world. While Singapore’s convenience culture is not quite there yet, the country is catching up. We now have the “first vending machine…

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