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Daily Archives: January 25, 2018

Bangkok's mega-brothels are causing city to sink

Mega-brothels are causing Bangkok to sink by illegally using groundwater for “soapy massages”, according to Thai police. Detectives are investigating whether water was stolen by more than 40 soapy massage parlours – massive brothels with private bathrooms where customers receive sexual services. The crackdown began after underage sex workers were …

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Tryb Group raises $30M to develop fintech platforms for Southeast Asia

Tryb Group, a Singapore-based organization focused on fintech services in Southeast Asia, has landed a $30 million investment from Makara Capital. The investment comes from Makara’s $770 million joint fund with the Intellectual Property Office of Singapore (IPOS), which is focused on finding valuable IP in the tech and startup space. TechCrunch …

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Teen arrested over fatal stabbing in Tallaght

A teenager, who was arrested in connection with the fatal stabbing of 17-year-old Reece Cullen in Tallaght last year has been released without charge. A file is being prepared for the Director of Public Prosecutions. Reece died following an incident at a house in Kilclare Crescent in Jobstown on 5 January 2017. Originally …

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LG’s mobile business is still making big losses

LG’s smartphone business still continues to lose money at an alarming rate. The Korean firm cut its losses in its Q4 2017 financial period to minus RKW 213.2 billion ($192.33 million), up from KRW 375.3 billion ($331.37 million) in the previous quarter, but there’s is no sign that things will drastically …

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