Category: Living

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  • Rosatom’s Advanced Nuclear Power Tech to Fuel Vietnam’s Energy Future: New Combined Efforts Revealed

    Rosatom’s Advanced Nuclear Power Tech to Fuel Vietnam’s Energy Future: New Combined Efforts Revealed

    Rosatom, Russia’s state-owned nuclear company, has proposed offering its cutting-edge technology to assist in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant. In a recent phone call, Rosatom’s CEO, Alexey Likhachev, assured Vietnamese Prime Minister Pham Minh Chinh of the company’s commitment to reinforce collaboration and achieve the high-level agreements set between both countries.

    Rosatom’s Planned Delegation to Vietnam

    Rosatom has expressed interest in sending a delegation to Vietnam. The objective of this initiative is to discuss the potential transfer and development of nuclear technology for peaceful applications. Lately, Vietnam has been engaged in discussions with Russia about the Ninh Thuan 1 plant’s construction. This plant is one of two nuclear facilities planned to be developed within the country over the next five years.

    Strengthening Bilateral Relations

    Prime Minister Chinh has previously met with Russian President Vladimir Putin and PM Mikhail Mishustin to discuss the partnership. During his call with Rosatom, Chinh acknowledged Russia’s valuable contributions to the energy sector in Vietnam. This includes the peaceful use of nuclear energy, the education of scientists and experts, and the establishment of an essential foundation for Vietnam’s current nuclear energy sector.

    According to Chinh, Vietnam regards its Comprehensive Strategic Partnership with Russia highly and considers Russia as one of its key partners. The nation hopes to continue collaborating with Russia in all areas, including the peaceful utilization of nuclear energy. This collaboration is targeted not only for mutual benefit, but also to stimulate regional and global development.

    Requested Assistance from Rosatom

    Chinh has sought Rosatom’s assistance for strategic initiatives such as the Ninh Thuan 1 nuclear power plant and the Centre for Nuclear Science and Technology Research. Additionally, he has asked for assistance in overcoming challenges that may hinder the progress of both countries. He also requested Rosatom’s help in training human resources and fortifying the management of the nuclear industry. This includes developing other essential nuclear energy applications like nuclear medicine and irradiation.

    Vietnam is planning to construct two nuclear power plants in Khanh Hoa’s central province as part of its efforts to diversify energy sources. This revives the plan to develop nuclear energy, a plan that was initially discarded in 2016.

    Questions & Answers

    What is the role of Rosatom in Vietnam’s nuclear energy development?
    Rosatom, Russia’s state-owned nuclear company, has proposed to assist in the construction of the Ninh Thuan 1 nuclear power plant in Vietnam, offering its advanced technology and expertise.

    What are the key components of the partnership between Vietnam and Russia?
    The partnership includes the peaceful use and development of nuclear energy, training of scientists and experts, and strategic initiatives like the Ninh Thuan 1 nuclear power plant and the Centre for Nuclear Science and Technology Research.

    What is Vietnam’s future plan for nuclear energy?
    Vietnam plans to develop two nuclear power plants in the central province of Khanh Hoa. This is part of its strategy to diversify its energy sources and revive its previous plans for nuclear energy development.

  • Hong Kong Housing Market Set for 5% Uplift in 2026: Mainland Demand and Interest Rate Cuts Lead the Charge

    Hong Kong Housing Market Set for 5% Uplift in 2026: Mainland Demand and Interest Rate Cuts Lead the Charge

    Analysts predict a 5% rise in Hong Kong residential property prices in 2026, spurred by demand from buyers from mainland China, potential interest rate cuts, and a decrease in unsold new apartments. Joseph Tsang Hon-ping, the chairman of JLL in Hong Kong, expresses cautious optimism for housing prices in 2026, believing they’ve reached their lowest point.

    Market Recovery Predictions

    According to Tsang, there’s an expectation of a 5% rise in capital values, while the value of luxury residences is anticipated to remain generally unchanged. However, luxury rents could experience an increase of up to 5%. This pattern could provide a significant lift to a market that has been in decline since the latter part of 2021.

    Cushman & Wakefield also suggests that recent adjustments in taxes and a bounce-back in the Hong Kong stock market could contribute to the stabilization of the city’s residential property sector. Additionally, these elements could help to normalize elevated inventory levels held by developers by the end of the upcoming year.

    Current Market Conditions

    Government data reveals a significant drop of 28.4% in lived-in home prices in March, compared to their peak in September 2021. However, home sales have shown promising growth, with an increase of more than 20% year on year as reported in November. This surge in sales has resulted in a decrease in unsold inventory.

    By the end of the year, the projection is for the unsold stock to be equivalent to over 51 months of supply. This aligns with the average level between the years 2015 and 2021. JLL also anticipates private housing supply to normalize by the end of 2026, requiring nearly 45 months to absorb current stock.

    Mainland Buyers and Luxury Housing

    For new property launches, about 30% of buyers hail from mainland China. This figure rises to over 60% for projects in specific areas like Kai Tak and Kowloon Station. In the luxury housing market, which includes units priced at or above HKD100 million (US$12.85 million), mainland Chinese buyers account for more than 90% of purchases.

    Some luxury properties, such as a duplex apartment at The Legacy, have achieved exceptionally high selling prices. This apartment reportedly set a new city record, selling for HKD880 million.

    Market Recovery Signs

    There have been signs of improvement in Hong Kong’s residential property market sentiment in recent months, following a roughly 30% price drop from their 2021 peak. Interest rate cuts have aided in stabilizing financing conditions, marking the start of a recovery.

    Cushman predicts the number of mainland buyers in Hong Kong to continue rising, as rental prices have reached historic highs. However, Edgar Lai, a senior director at Cushman, believes the share of mainland buyers will not surpass that of local buyers due to capital controls making it challenging to transfer large sums of capital into Hong Kong.

    Questions & Answers

    What is the predicted increase in Hong Kong home prices in 2026?
    Analysts anticipate a 5% rise in residential property prices in Hong Kong in 2026.

    What factors are expected to drive this growth?
    The projected growth is expected to come from demand from mainland Chinese buyers, anticipated interest rate cuts, and a reduction in unsold new apartments.

    What is the current state of Hong Kong’s residential property market?
    Hong Kong’s residential property market has begun to show signs of recovery following a 30% drop in prices from their peak in 2021. The market is showing the first signs of stabilization, supported by interest rate cuts.

  • Global Market Shifts Trigger Gasoline Price Plunge in Vietnam: A Dive into the Lower Fuel Costs

    Global Market Shifts Trigger Gasoline Price Plunge in Vietnam: A Dive into the Lower Fuel Costs

    In response to global trends, Vietnam witnessed a reduction in gasoline prices on Thursday afternoon. The well-known fuel RON95 observed a decrease of 1.86% from the previous week, resulting in a new price of VND20,080 (US$0.76) per liter.

    Biofuel and Diesel Prices

    There was also a decrease in the price of Biofuel E5 RON92, which dropped by 1.06%, settling at VND19,610. Diesel experienced a similar reduction, with prices falling by1.25% to a new low of VND18,150. This is the lowest price recorded since October 23.

    Global Petroleum Market Influence

    The global petroleum market has been notably influenced in the past week by several international events. These include the peace agreement between Russia and Ukraine and the decision by the U.S. Federal Reserve to lower interest rates, as reported by the Ministry of Industry and Trade.

    In line with these developments, RON95 experienced a drop of 2.4%, with prices now at $79.9 per barrel. Diesel also saw a decrease, declining 1.5% to $84.83 per barrel.

    Questions & Answers

    What led to the decrease in gasoline prices in Vietnam?
    The decrease in gasoline prices in Vietnam was influenced by the current global trends, notably the Russia-Ukraine peace agreement and the U.S. Federal Reserve’s decision to lower interest rates.

    What is the new price for RON95 and Diesel?
    The new price for RON95 is VND20,080 (US$0.76) per liter, and Diesel is VND18,150 per liter.

    What other fuel experienced a price drop?
    Biofuel E5 RON92 also saw a price reduction, dropping by 1.06% to VND19,610.

  • Disney Unleashes Its Characters into the World of AI: Unprecedented Deal with OpenAI Signals a New Era for Fan-Created Content

    Disney Unleashes Its Characters into the World of AI: Unprecedented Deal with OpenAI Signals a New Era for Fan-Created Content

    Disney, a company known for fiercely guarding its characters and intellectual property, has forged a new path by entering into a three-year licensing agreement with OpenAI. Through this groundbreaking deal, users of OpenAI’s Sora platform will be able to create brief videos featuring over 200 animated, masked, and creature characters drawn from Disney, Marvel, Pixar, and Star Wars franchises. This includes a range of costumes, props, vehicles, and iconic environments. At the core of the agreement is a blend of Hollywood’s prized intellectual property and OpenAI’s advanced AI technology.

    Revolutionizing Video Creation with Sora

    The deal’s focus is on the application of OpenAI’s Sora video creation platform. Users will have the opportunity to create short, user-prompted videos to share with others. Additionally, through ChatGPT Images, users can convert a few words into fully generated AI images in mere seconds. However, the deal doesn’t extend to the likeness or voices of specific Disney characters or those who lend their voices to animated Disney personas.

    Certain content created on the Sora platform may also find its way onto Disney+, enhancing the streaming service’s selection of videos with fan-created content. Moreover, the agreement transforms Disney into an OpenAI customer, with access to ChatGPT for internal use. It also gives Disney the ability to utilize OpenAI APIs to introduce new features on the Disney+ streaming platform.

    Disney Characters in AI Videos

    Disney enthusiasts can use a host of beloved characters in their AI video creations. This roster includes Mickey and Minnie Mouse, Lilo, Stitch, Ariel, Belle, Beast, Cinderella, Baymax, Simba, Mufasa, and more.

    Additional characters from popular franchises such as Encanto, Frozen, Inside Out, Moana, Monsters Inc., Toy Story, Up, Zootopia will also be available. Fans can also incorporate animated versions of Marvel and Lucasfilm characters like Black Panther, Captain America, Deadpool, Groot, Iron Man, Loki, Thor, Thanos, Darth Vader, Han Solo, Luke Skywalker, Leia, the Mandalorian, Stormtroopers, Yoda, among others.

    Commitment to Responsible AI Use

    The agreement between Disney and OpenAI underscores a dedication to responsible AI use, safeguarding user safety and creator rights. As part of the deal, Disney will invest $1 billion in OpenAI equity and receive warrants to purchase additional equity in the company. OpenAI is committed to implementing measures to protect users, such as age-appropriate policies and other necessary controls. Both parties are determined to prevent the generation of illegal or harmful content.

    Disney’s Stand Against Google

    In a parallel development, Disney has accused Google of large-scale copyright infringement. According to Disney, Google has used AI models to exploit and distribute images and videos that violate Disney’s intellectual property rights. The company has sent Google a cease-and-desist letter, demanding an immediate end to these alleged infringements.

    Disney has made it clear that it will not tolerate unauthorized commercial exploitation of its copyrighted works by AI services. The company has expressed concern over Google’s use of infringed copyrighted works to sustain market dominance.

    Questions & Answers

    What does the licensing agreement between Disney and OpenAI entail?
    The agreement allows users of OpenAI’s Sora platform to create short videos featuring over 200 characters from Disney, Marvel, Pixar, and Star Wars franchises. However, it does not cover the likeness or voices of specific Disney characters or those lending their voices to these characters.

    What benefits does Disney get from this deal?
    The agreement turns Disney into an OpenAI customer, enabling the company to use ChatGPT for internal purposes and OpenAI APIs to add new features to the Disney+ streaming platform. It also opens up opportunities for fan-created content to enhance the streaming service’s video inventory.

    How does the deal address intellectual property and user safety?
    The agreement emphasizes responsible AI use, with OpenAI pledging to implement measures such as age-appropriate policies and other controls to protect users. Additionally, both parties have committed to prevent the generation of illegal or harmful content.

  • Decoding Australia’s Health Star Rating: The Struggle for Parents Amid Confusion and Misinformation

    Decoding Australia’s Health Star Rating: The Struggle for Parents Amid Confusion and Misinformation

    Food labels are designed to facilitate healthier lifestyle choices. However, not all label systems are equally effective. Currently, a voluntary Health Star Rating system is in place in Australia, allowing food manufacturers to voluntarily label their products with a star, indicating how it compares to similar goods on the market. Yet, some manufacturers opt not to rate their products at all. There is an ongoing discussion within the Australian government about making these labels mandatory.

    The Health Star Rating system, while potentially useful, has proven to be often confusing and lacking credibility among consumers, according to new research on parenting and food in Australia. If it becomes mandatory, the system will require significant adjustments in order for consumers to trust and find it useful.

    Understanding How Health Star Ratings Work

    The Australian government, in association with the food industry, public health, and consumer groups, introduced the Health Star Rating system in 2014. Products are rated from an unfavorable half-star to a desirable five stars. Factors such as calories, saturated fats, sugars, and sodium lower the product’s rating, while fibre, protein, and the content of fruits, vegetables, nuts, and legumes increase it.

    The system works on a balance of good and bad factors. This allows companies to tailor their products strategically to enhance the rating, possibly obscuring unhealthy ingredients. The ratings do not take into account processing and additives like sweeteners, coloring, emulsifiers, preservatives, and artificial flavorings. Prior research has indicated that the ratings can inadvertently promote ultra-processed foods over unprocessed foods and misrepresent their healthiness.

    Consumer Confusion and Skepticism

    Recent interviews with 34 parents in Australia revealed that the Health Star Ratings are often perceived as “misleading,” “unhelpful,” and “misapplied”. Some even thought the ratings were a paid marketing tactic used by companies.

    One common issue is the positivity bias of the symbol. Stars are generally perceived as positive, causing confusion when applied to food ratings. Despite the product’s star rating, parents reported that they still had doubts:

    Another issue is the assumption that all packaged food rated five stars is healthy. Parents also expressed concern that some unhealthy foods were assigned stars, which they thought was misleading. This has led to many parents disregarding the rating system and relying on ingredient lists, apps, and extensive internet research to make healthier choices. However, this has also led to frustration as these parents feel that the burden of making healthy choices is being unfairly placed on them.

    Need for a Better Food Labelling System

    Despite these issues, the parents interviewed believed that a front-of-pack system is valuable but wished for transparency, trustworthy information, and food policies that prioritize consumer health. They expressed the need for government intervention, as they felt the food industry would not independently prioritize consumers’ health.

    Other nations like Chile, Mexico, Brazil, and soon Canada, have adopted a ‘stop-sign’ warning system to deter consumers from least healthy products. These large Black Octagons warn consumers about high sugar, sodium, and saturated fats, and ultra-processing. Evidence suggests these warning labels have had a positive impact on nutrition and public health in these countries and might be a viable option for Australia.

    To support healthier eating, a fit-for-purpose food labelling system needs to be mandated. Governments should prioritize consumers’ voices in these and other national food policies to ensure they function as intended.

    Questions & Answers

    What is the Health Star Rating system?

    The Health Star Rating system is a voluntary label system in Australia that rates food products from half a star to five stars. The rating is based on the nutritional content of the product.

    What are the issues with the current Health Star Rating System?

    The system has been found to be often confusing and lacking credibility among consumers. It doesn’t consider processing and additives, which can lead to ultra-processed foods being rated higher than minimally or unprocessed foods.

    How can the food labelling system be improved?

    The system needs to be more transparent and trustworthy. One approach could be adopting a ‘stop-sign’ warning system like in Chile, Mexico, Brazil, and soon Canada, which alerts consumers about high sugar, sodium, and saturated fats, and ultra-processing.

  • Spotify Rivals YouTube Music with an Exciting New Video Feature for Premium Users

    Spotify Rivals YouTube Music with an Exciting New Video Feature for Premium Users

    Spotify is set to introduce its music video feature to premium subscribers in the United States and Canada. This new beta feature will allow users to seamlessly transition between audio and video with a simple touch. Although the feature is currently in the beta testing stage with a limited song catalog, it represents a significant leap by Spotify to match its rivals.

    The Boom of Music Videos

    After successful trials in nearly 100 different international markets last year, Spotify has decided it’s time to grant North America access. Starting today, Spotify Premium subscribers in the US and Canada may notice a new feature in the app that enables them to view music videos directly.

    Here’s how to experience it:

    On your iOS, Android, desktop, or TV device, launch the Spotify app. Play a track that supports the new feature (works from artists such as Ariana Grande and Tyler Childers are included). Tap “Switch to Video” to effortlessly transition from the audio track to the official music video. To revert to background listening, tap “Switch to Audio.”

    Despite being in the beta testing stage, not all songs currently have a video available. However, Spotify assures its users that the video catalog will rapidly expand. For now, the selection consists of a curated list of popular and newly-released hits.

    This feature is viewed as Spotify’s attempt to compete with YouTube Music’s seamless audio-to-video switching feature, which has been a standout aspect since its inception. By introducing this feature, Spotify is directly challenging one of the few areas where Google’s platform was distinctly superior.

    More Than Just Staying Competitive

    The introduction of music videos is not only about keeping pace with YouTube. Apple Music also offers an extensive library of high-definition music videos. For quite some time, Spotify appeared somewhat static compared to these vibrant, multimedia-rich rivals. By incorporating video into the main feed, Spotify is evolving from a mere music player to a comprehensive entertainment hub.

    It undoubtedly feels long overdue to many users. It seemed rather peculiar to have to switch to YouTube to watch a music video when already paying for a music subscription. The implementation of a “Switch to Video” button that retains your spot in the song feels slick and precisely how it should function.

    Questions & Answers

    What is the new feature in Spotify?
    Spotify is introducing a new feature that allows Premium subscribers to watch music videos directly within the app.

    How does the new Spotify video feature work?
    Users can effortlessly switch between audio and video with a simple tap. They can simply play a track and tap “Switch to Video” to transition from the audio track to the official music video, and tap “Switch to Audio” to revert to background listening.

    Is the new Spotify video feature available for all songs?
    Not all songs currently have a video available as the feature is still in the beta testing stage. However, Spotify assures its users that the video catalog will rapidly expand.

  • Paramount Skydance Outbids Netflix with a Whopping $108.4 Billion Offer for Warner Bros Discovery

    Paramount Skydance Outbids Netflix with a Whopping $108.4 Billion Offer for Warner Bros Discovery

    Paramount Skydance has launched a hostile $108.4 billion counteroffer for Warner Bros. Discovery (WBD), threatening to eclipse the previous $73 billion cash and stock bid from Netflix. Paramount Skydance’s offer proposes $30 in cash for each share of WBD, which surpasses Netflix’s offer of $23.25 in cash and $4.50 in Netflix stock for each WBD stockholder.

    Bidding War Heightens

    On Monday, WBD’s shares saw a 4.41% increase, hitting $27.23 with a rise of $1.15. Paramount Skydance’s bid outstrips Netflix’s by $18 billion in cash. Paramount Skydance bolstered its offer by arguing that its deal not only benefits the creative community more, but will also have an easier journey through regulatory approval processes.

    Despite this, a transaction with Paramount Skydance would involve the Paramount-owned CBS and CBS-owned local stations, thereby requiring approval from the Federal Communications Commission (FCC), the Department of Justice (DOJ), and possibly the Federal Trade Commission (FTC). A Netflix acquisition of WBD, on the other hand, would not necessitate FCC approval.

    Acquisition Details

    Paramount Skydance’s purchase proposal includes several key assets: the Warner Bros. movie studio, HBO, streaming service HBO Max, and a collection of cable channels such as TNT and CNN. Netflix’s deal does not incorporate the cable networks, which would be spun off into a new company named Discovery Global.

    David Ellison, the CEO of Paramount, contends that his deal is a superior alternative to Netflix’s offer. He asserts that WBD shareholders deserve the opportunity to consider Paramount’s all-cash offering for their shares in the entire company. Ellison is confident that their public offer, which matches the terms provided privately to the WBD Board of Directors, represents a greater value and a swifter, more certain path to deal closure.

    Political Influence

    Earlier this year, Ellison’s Skydance acquired Paramount in an $8 billion trade. Given his father Larry Ellison’s close ties to President Donald Trump, securing FCC approval for a Paramount Skydance acquisition could potentially be expedited. Prior to Paramount Skydance announcing its bid, President Trump expressed concern that the Netflix bid could raise antitrust issues and indicated his intention to be involved in the approval process.

    Funding and Future Implications

    Following the announcement of the deal, Ellison appeared on CNBC, highlighting the potential market power that a combined Netflix-WBD company would hold. With over 400 million subscribers, it would dwarf its closest competitor, Disney, which currently has just under 200 million. Ellison opined that such a scenario could be detrimental to Hollywood and asserted the superiority of their offer.

    In the event that WBD reneges on its agreement with Netflix in favor of the higher offer from Paramount Skydance, Netflix is set to receive a $2.8 billion breakup fee. Importantly, Paramount Skydance has already secured funding commitments for half of the purchase price, amounting to $54 billion, from Bank of America, Citi, and private equity firm Apollo Global.

    Questions & Answers

    What is the value of Paramount Skydance’s counteroffer for Warner Bros. Discovery?
    Paramount Skydance has made a bid of $108.4 billion for Warner Bros. Discovery.

    What does Paramount Skydance’s deal include, and how does it compare to Netflix’s offer?
    Paramount Skydance’s offer includes the Warner Bros. movie studio, HBO, HBO Max, and a collection of cable channels. It outbids Netflix’s offer by $18 billion and is an all-cash deal compared to Netflix’s cash and stock offer.

    What is the potential impact of Paramount Skydance’s bid on the market dynamics?
    If the deal goes through, Paramount Skydance believes it will benefit the creative community and face fewer regulatory hurdles. However, a Netflix-WBD merger would create a company with over 400 million subscribers, considerably larger than its nearest competitor, Disney.

  • Vietnamese Automaker Thaco Joins Forces with Hyundai Rotem for Advanced Rail Tech Transfer

    Vietnamese Automaker Thaco Joins Forces with Hyundai Rotem for Advanced Rail Tech Transfer

    South Korean company Hyundai Rotem, a subsidiary of the Hyundai Motor Group, has entered into a technology transfer agreement with Thaco, a Vietnamese automaker. The deal will enable Thaco to manufacture rolling stock for metros and high-speed railway systems under its own brand, by using Hyundai Rotem’s advanced technologies.

    Integrated System Development

    In addition to the technology transfer, Hyundai Rotem will aid Thaco in the development of an integrated system encompassing signaling and communications, as well as mechanical and electrical components.

    Thaco’s Railway Industrial Complex

    As part of its expansion plans, Thaco aims to construct a railway industrial complex sprawling across 786 hectares in Ho Chi Minh City. The complex will include a manufacturing zone for rolling stock, a closed-loop test track system, and a repair center.

    Thaco’s agreement with Hyundai Rotem aligns with Vietnam’s current contemplation of strategies to advance its railway industry. Earlier this year, Prime Minister Pham Minh Chinh encouraged Thaco to be actively involved in research, technology transfer, and the production of carriages and locomotives for high-speed rail projects.

    Thaco’s Investment in High-Speed Rail Projects

    In May, Thaco proposed to construct the North-South high-speed rail link, with an estimated projected cost of US$61.35 billion. Thaco proposes to contribute 20% of the total cost, with the remaining funds to be borrowed from banks, with the backing of government interest subsidies.

    Thaco also revealed interest in developing the 47-kilometer Ben Thanh-Long Thanh rail line, which would connect downtown Ho Chi Minh City with the soon-to-be-completed Long Thanh International Airport.

    Established in 1997, Thaco has a diversified portfolio that includes the auto, agriculture, construction, and logistics sectors. The company assembles Kia, Mazda, and Peugeot cars and also manufactures trucks and buses under its own brand.

    Questions & Answers

    What is the significance of the technology transfer agreement between Hyundai Rotem and Thaco?
    The agreement will enable Thaco to use Hyundai Rotem’s cutting-edge technologies to manufacture rolling stock for metro and high-speed rail under its own brand.

    What is Thaco’s plan for the development of the railway industry in Vietnam?
    Thaco plans to construct a railway industrial complex in Ho Chi Minh City, which will include a manufacturing zone for rolling stock. They have also shown interest in developing high-speed rail projects, including the North-South rail link and the Ben Thanh-Long Thanh rail line.

    What sectors does Thaco operate in?
    Thaco has a diversified business portfolio, with interests in the auto, agriculture, construction, and logistics sectors. They assemble Kia, Mazda, and Peugeot cars and manufacture trucks and buses under its own brand.

  • “Revolutionizing Fitness: OxyShred Steps into Protein Realm with New Lean Bars and Shakes”

    “Revolutionizing Fitness: OxyShred Steps into Protein Realm with New Lean Bars and Shakes”

    EhPlabs’ popular product, OxyShred, is broadening its range to include protein, with the introduction of OxyShred Lean Protein Bars and Lean Protein Shakes in Australia.

    OxyShred Lean Protein Bars

    The Lean Protein Bars are now available at Chemist Warehouse and will be on the shelves of 7-Eleven stores starting from January 3. Each bar is said to contain 18 grams of protein, 7 grams of fibre, 2 grams of sugar, and just 160 calories. These bars are also gluten-free, low in lactose, and made using natural sweeteners and flavours.

    OxyShred Lean Protein Shakes

    The Lean Protein Shakes are scheduled to debut in 7-Eleven stores next month. Each shake is packed with 30 grams of protein and includes medium-chain triglycerides for energy and lactase enzymes to promote digestion. Similar to the bars, these shakes contain less than 2 grams of sugar and 160 calories.

    New Flavours of OxyShred Infinity

    Additionally, OxyShred is diversifying its caffeine-free energy drink line, OxyShred Infinity, by adding Citrus Paradise and Sparkling Apple flavours, which will be available in 7-Eleven stores.

    Questions & Answers

    What are the key ingredients in the OxyShred Lean Protein Bars?
    The bars contain 18 grams of protein, 7 grams of fibre, 2 grams of sugar, and 160 calories. They are also gluten-free, low-lactose, and made with natural flavours and sweeteners.

    When will the OxyShred Lean Protein Shakes be available?
    The Lean Protein Shakes are set to launch in 7-Eleven stores next month.

    What new flavours are being added to the OxyShred Infinity line?
    The OxyShred Infinity line is expanding with the addition of Citrus Paradise and Sparkling Apple flavours.

  • Experience a Blend of Tradition and Innovation at Lego’s Largest Store in South Korea, Now Open in Seoul

    Experience a Blend of Tradition and Innovation at Lego’s Largest Store in South Korea, Now Open in Seoul

    Lego has inaugurated its biggest retail outlet in Yongsan, Seoul, South Korea, with an objective to increase its attractiveness for millennial and Generation Z consumers.

    Store Overview

    The flagship location spans an expansive 396 square meters and showcases a vibrant fusion of traditional and modern elements under its “K-culture” theme.

    Exhibits and Features

    The store features a variety of large-scale Lego installations. These include a massive five-meter wide ‘Irolobongdo’ mosaic and a detailed diorama of Gwanghwamun and Geunjeongjeon, constructed using over 185,000 Lego bricks. The installations draw inspiration from various elements of Korean culture, including the Gwangjang Market and the country’s popular fried chicken.

    Interactive Zones

    In addition to the exhibits, the store also offers interactive areas for visitors. The Pick-a-Brick Zone allows customers to choose from a variety of Lego bricks in different shapes and sizes. The Build Your Own Minifigure Zone provides an opportunity for visitors to design and create their own custom mini figures. Free assembly is offered at brick play tables within the store.

    Future Plans

    Lego has expressed plans to continuously revamp and innovate, with an aim to ensure new experiences for visitors each time they visit the store. The company has announced year-end festive events as part of their initial initiatives to bring this vision to life.

    Questions & Answers

    What is the size of the new Lego store in Yongsan, Seoul?
    The Lego store in Yongsan, Seoul spans an expansive 396 square meters.

    What are the interactive areas in the new Lego store?
    The store offers a Pick-a-Brick Zone, where customers can select from a variety of Lego bricks, and a Build Your Own Minifigure Zone, where visitors can create custom mini figures.

    What does the future hold for this new Lego store?
    Lego has expressed its commitment to continuously evolve and innovate, ensuring new experiences for visitors every time they visit. The company’s plans include hosting festive year-end events.

  • Vietnam’s Gasoline Prices Surge Amid Global Market Tensions, While Diesel Hits Six-Week Low

    Vietnam’s Gasoline Prices Surge Amid Global Market Tensions, While Diesel Hits Six-Week Low

    The cost of gasoline experienced a slight rise on Thursday afternoon, while the price of diesel continued to experience a significant decline. The widely used fuel, RON95, saw an increase of 2.3% from the previous week, resulting in a new price per litre of VND20,460, equivalent to USD 0.78.

    Biodiesel E5 RON92 saw a moderate increase of 2.8%, bringing its price to VND19,820. Contrary to the aforementioned fuels, diesel experienced a drop in price, falling 3% to VND18,890. This price marks the lowest cost for diesel in the last six weeks.

    Global Market Impact

    The global petroleum market has been influenced by various factors over the past week. Notably, escalating tensions between the U.S. and Venezuela have thrown this market into fluctuation. In addition to this, the inability of the U.S. and Russia to negotiate a resolution to the ongoing conflict in Ukraine has further affected the market, according to the Ministry of Industry and Trade.

    The price of RON95 increased by 2.9%, reaching $81.9 per barrel. Meanwhile, diesel prices fell by 2.7% to $86.1 per barrel.

    Questions & Answers

    What is the new price of RON95 and diesel?
    The new price of RON95 is USD 0.78 per litre, while diesel has fallen to VND18,890, equivalent to $86.1 per barrel.

    What factors have influenced the global petroleum market recently?
    The escalating tensions between the U.S. and Venezuela, and the ongoing conflict in Ukraine due to the failed agreement between the U.S. and Russia are the main factors influencing the global petroleum market.

    How has the price of biodiesel E5 RON92 changed?
    Biodiesel E5 RON92 has seen a moderate increase of 2.8%, resulting in a new price of VND19,820.

  • Singapore Workforce Trends 2026: Job Hugging, Emotional Salaries and the Death of 9-to-5

    Singapore Workforce Trends 2026: Job Hugging, Emotional Salaries and the Death of 9-to-5

    Recent data from the international payroll and HR platform, Deel, has highlighted five emerging trends that are set to significantly influence Singapore’s work culture and employee decision-making processes by 2026. These findings present a significant shift in the current landscape, challenging employers to rethink strategies surrounding talent retention, workspace design, and compensation.

    Decrease in Job Switching

    Singapore’s workforce has recently observed a notable decline in the frequency of job switching. This rising preference for maintaining a steady career, termed “job hugging,” is not fueled by employee loyalty but rather by a careful approach to career stability. Given the current state of economic unpredictability, workers are beginning to prioritize job security over swift career progression.

    Increasing Importance of Emotional Salary

    With the growing strain on standard pay packages due to inflation and budget constraints, employers are starting to focus on “emotional salary” to attract and retain talent. This concept encompasses various aspects such as recognition, flexibility, autonomy, purpose, and opportunities for personal development. Statistics highlight this trend, showing that only 13% of employees believe their salary has maintained pace with inflation, while 79% desire more flexible payment schedules, and 54% seek greater control over their compensation structure. This data indicates a workforce that values emotional and financial well-being as much as monetary compensation.

    Adoption of Microshifting

    Traditional 9-to-5 workdays are evolving into a more adaptable model through the concept of “microshifting.” This model allows employees to segment their workday into shorter, concentrated periods of work that align with their energy levels and personal needs, ranging from rest to exercise to caregiving. The outcome is a more flexible, productivity-centered work rhythm.

    Shift Towards Conscious Unbossing

    “Conscious unbossing” is a new trend where employees, particularly Gen Z, are consciously moving away from managerial roles to prioritize balance, autonomy, and wellness. This gradual shift is leading employers to reconsider their leadership succession plans as fewer employees express interest in climbing the corporate ladder.

    Rising Career Pressures

    The surge of polished success narratives on professional networks is amplifying what is known as “LinkedIn envy,” a phenomenon where employees grapple with feelings of inadequacy by constantly comparing themselves to others. As career achievements become more public, the emotional pressure escalates, reminding employers of the increasing correlation between psychological well-being and career contentment.

    Forecast for Singapore’s Talent Landscape in 2026

    These emerging trends suggest that employees are reshaping their definition of success and adjusting their expectations of employers. Organizations can seize this opportunity by accommodating these changing priorities through enhancing emotional and financial support, modernizing payroll systems, and overhauling the employee experience from its very foundation.

    Karen Ng, the Regional Head of Expansion, Enterprise, North and South Asia at Deel, explains, “In Singapore, the traditional career path is undergoing a transformation process as employees navigate not only economic turbulence but also evolving personal priorities. The trend of employees ‘hugging’ their current roles due to a yearning for stability is on the rise. When employees feel financially stable and emotionally supported, they are not only more likely to stay but also more likely to positively contribute to organizational growth.”

    Questions & Answers

    What is “job hugging”?
    Job hugging refers to the trend of employees opting to remain in their current roles rather than seeking new opportunities. This trend is driven by a desire for stability and predictability in uncertain economic times.

    What is “emotional salary”?
    Emotional salary refers to non-monetary benefits used to attract and retain talent. This can include recognition, autonomy, purpose, flexibility, and personal development opportunities.

    What is “conscious unbossing”?
    Conscious unbossing is a trend where employees, particularly from Gen Z, are intentionally stepping away from management tracks in pursuit of balance, autonomy, and well-being.

  • Netflix Disables Mobile Casting to Most Modern TVs in Unexplained Update

    Netflix Disables Mobile Casting to Most Modern TVs in Unexplained Update

    The popular streaming platform, Netflix, has recently discontinued a feature that allowed shows to be cast from mobile devices to the majority of contemporary televisions. The reasons behind the decision remain unexplained.

    Changes in Casting Accessibility

    Netflix subscribers can no longer cast their desired shows from mobile devices to virtually any modern TV. According to an announcement on Netflix’s help page, the app has ceased to support casting shows from a mobile device to the majority of TVs and TV-streaming devices. For viewers to access Netflix, they’re now required to use the remote of their TV or streaming device to navigate the platform.

    The only exception to the new rule pertains to casting to older Chromecast devices and televisions that are compatible with Google Cast. Netflix has clarified that this privilege is only available to users who are subscribed to its ad-free plans. Unfortunately, those who own a Google TV Streamer, Chromecast with Google TV, or an Android TV-powered television will no longer be able to cast Netflix from its mobile app.

    Netflix’s decision to disable this feature is not entirely surprising. Back in 2019, the streaming giant discontinued support for Apple’s AirPlay feature, citing the inability to differentiate between the diverse range of devices that support AirPlay as the reason. This made it difficult for Netflix to ensure the highest-quality viewing experience across all devices.

    The Ad-Supported Tier

    Netflix’s ad-supported subscription model, introduced in 2022, never offered support for Google Cast and Chromecast-only devices. However, the “Basic with ads” plan previously permitted casting to Google TV-equipped devices, including both the 4K and HD versions of the Chromecast with Google TV.

    Implications for Netflix Users

    Netflix has always been stringent about password sharing and the use of accounts on TVs situated in different locations. Historically, casting from a mobile device was a secure workaround, particularly for those on the move or visiting friends and family.

    The recent change complicates the process of watching Netflix on hotel TVs, which may cause some users to reconsider their subscriptions.

    Questions & Answers

    Why can’t shows be cast from mobile devices to most modern TVs anymore?
    Netflix has stopped supporting the casting of shows from mobile devices to most TVs and TV-streaming devices, although no specific reasons were provided.

    Are there any exceptions to this new rule?
    Yes, casting is still possible to older Chromecast devices and TVs that support Google Cast, but only for users on Netflix’s ad-free plans.

    How has this change affected the viewing habits of Netflix users?
    This change could potentially complicate the viewing habits of users who frequently travel or prefer casting shows from their mobile devices to TVs in different locations.

  • China, US, and Malaysia Top Choices for Singapore Workers Seeking Global Experience

    China, US, and Malaysia Top Choices for Singapore Workers Seeking Global Experience

    Approximately 76,000 individuals, making up 3.1% of Singapore’s working populace, have experienced working overseas full-time for a minimum of six months. The primary locations for this international experience were China, the United States, and Malaysia.

    The Most Popular Destinations

    From the portion of the employed population with experience working abroad, 18.3% had most recently been posted in mainland China. The United States followed closely, with 13.6% of the workers having had their most recent overseas experience there, while 10.1% had last worked in Malaysia.

    Insights from the Comprehensive Labour Force Survey

    These statistics were obtained from the 2025 Comprehensive Labour Force Survey. The survey, conducted from March to July, gathered responses from 33,000 households—comprising of employed individuals and job seekers aged 15 and above. In this survey, overseas work experience of residents was noted for the first time, providing insights into its prevalence within the workforce.

    Sectors and Roles

    Those who had worked in China were primarily employed in the manufacturing sector. Meanwhile, most of the workforce in the United States were involved in growth industries such as professional services, information and communications, and financial and insurance services. In contrast, those in Malaysia were largely employed within the manufacturing and construction sectors.

    In terms of job roles, 45.2% of residents held professional positions during their recent work abroad. 30.7% were managers. The most common professional roles were in business and administration (16%), and science and engineering (13.7%). For managers, administrative and commercial roles (11.4%) and production and specialized services roles (9.4%) were the most frequent.

    Demographics and Income

    Overseas work experience was most common among mid-career workers, with 4.6% of individuals in their 40s and 4.5% of those in their 50s having had an overseas posting. However, many of these workers had completed their overseas stints earlier in their careers, primarily between the ages of 25 to 34.

    The report also revealed that international experience was less common among older and younger employees. Only 2.6% of employees in their 60s, 2.5% of those in their 30s and 0.5% of workers aged 25-29 had worked overseas.

    The study found that those in senior roles or with higher incomes were more likely to have had international work experience. Among managers and executives, 7.7% had experience working abroad. Moreover, 16.8% of full-time residents currently earning at least S$30,000 (US$23,100) a month had previously worked overseas. This figure was at 10.6% for those earning S$15,000-19,999 monthly and about 3% for employees in the S$5,000-9,999 range.

    The statistics emphasize the importance of international experience in fostering leadership skills and cross-cultural capabilities, particularly for those aspiring to higher-paying roles. Active planning and seeking overseas work opportunities is crucial to building necessary capabilities for these roles in the future.

    Questions & Answers

    What percentage of Singapore’s workforce has had full-time overseas work experience?
    – About 3.1% of Singapore’s workforce, or 76,000 individuals, have had full-time overseas work experience.

    What are the most popular destinations for overseas work assignments?
    – The top destinations for overseas work assignments are China, the United States, and Malaysia.

    Does international work experience correlate with higher income?
    – Yes, the report suggests that those in senior roles or with higher incomes are more likely to have had international work experience. For instance, 16.8% of full-time residents currently earning at least S$30,000 (US$23,100) a month had previously worked overseas.

  • Gasoline Prices in Vietnam Hit 5-Week Low: Global Factors and Market Shifts Explained

    Gasoline Prices in Vietnam Hit 5-Week Low: Global Factors and Market Shifts Explained

    As of Thursday afternoon, gasoline prices in Vietnam have reached their lowest point since October 23rd. The commonly used fuel, RON95, fell by 2.63% to VND20,000 (equivalent to US$0.76) per liter.

    Decreased Prices Across Fuel Types

    Along with RON95, the biofuel E5 RON92 saw a reduction in price of 2.63%, bringing the cost per liter to VND19,280. Diesel prices took a more significant hit, with prices plunging 5.15% to VND18,800.

    Global Factors Influencing Prices

    The worldwide gasoline market has been impacted by a variety of factors over the past week. One such factor was a proposal by U.S. President Donald Trump aiming to resolve the military conflict between Russia and Ukraine, as reported by Vietnam’s Ministry of Industry and Trade.

    Additionally, a decrease in U.S. crude oil inventories, accompanied by a rise in gasoline and diesel supplies, also played a role in the reduction of prices.

    Impact on Barrel Prices

    The price of RON95 per barrel also experienced a decrease, dropping 3.4% to $79.6. Diesel prices per barrel fell by an even larger margin, at 6.2%.

    Questions & Answers

    What has caused the recent drop in gasoline prices in Vietnam?
    The decrease in prices is due to a variety of factors, including a proposal by the U.S. President to end the military conflict between Russia and Ukraine, as well as an increase in gasoline and diesel supplies in the U.S.

    By what percentage have RON95 and diesel prices fallen?
    RON95 prices fell by 2.63%, while diesel prices plunged 5.15%.

    What is the current price of a barrel of RON95 and diesel?
    The price of a barrel of RON95 has fallen to $79.6, while the price of a barrel of diesel has decreased by 6.2%.