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May, 1, 2016

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Business > Asia > Singapore
Pork prices reach 10-year high amid epidemic
In anticipation of shortages following the devastation wrought by the outbreak of a porcine diarrhea epidemic (PED) since last October, pork prices reached a 10-year high of NT$82.31 per kilogram at the end of Monday's auctions.
 
Shares in Taiwan on Tuesday extended a downtrend from the previous session, closing below 8,600 points amid lingering concerns over a crisis in Ukraine, dealers said.
 
Singapore tops list of world's most expensive places to live
The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot, according to a survey Tuesday.
 
Technological innovations boost sky-high Wi-Fi access
Wi-Fi in aircraft, hobbled in the past by slow speeds, could soon take off as new technology enables passengers to surf the web as if they were in a coffee shop, Internet executives say.
 
Singapore said Friday that measures it had implemented to cool down the property market have succeeded but it was "too early" to relax them.
 
The number of people made bankrupt last year rose by 14 percent to reach 1,992 -- the highest percentage since 2009.
 
Shares in Taiwan pulled back Thursday on reduced turnover, after rallying the previous day, as investors took cues from a lackluster Wall Street overnight, dealers said.
 
Travelers from China are swarming the world and Singapore is seeing them in record numbers.
 
Acer Inc. is set to boost its revenue, gross margin and operational efficiency this year as it continues restructuring efforts and bets its future on cloud computing technology, its top executive said Wednesday.
 
A spate of high-profile cybercrimes has targeted major retailers in the U.S. Despite this, many shops worldwide have been slow to adopt more sophisticated cyber security systems, experts say. The problem: Most retailers -- and consumers -- believe that cybercrime affects only online players.
 
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