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Uncertainty overhangs pick of new duty-free operators

​With an announcement some 10 days away, a thick cloud of uncertainty hangs over South Korea's selection of new duty-free shop operators due to a litany of variables, industry sources said Tuesday.

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Singapore to give start-ups, SMEs greater access to crowd-funding

​The Monetary Authority of Singapore (MAS) announced on Wednesday that it will make it easier for start-ups and Small and Medium Enterprises (SMEs) to access securities-based crowd-funding (SCF) in two ways.

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Australia's Blue Mountains tourism continues to struggle after bushfires

Australia's Blue Mountains tourism industry has lost almost 30 million AU dollars (28 million U.S. dollars) as visitors canceled their trips to the area due to the recent bushfires, local media reported Thursday.

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China's telecom monopolies curb innovation by adding fees

In response to grumbles from China's monopolistic telecom operators, the country's industry regulator said last weekend it is possible that the operators will be allowed to impose fees on WeChat for signaling channel usage.