The Week in Retrospect [Mar 16 – 22]

From Yahoo! to Big Brother technology and East Asian politics, it’s another busy week on The Week in Retrospect!

Yahoo no more in China: Yahoo is bidding China goodbye, as the tech company has announced the decision close its remaining physical office (a research center) in Beijing. While rumours speculate aplenty, it’s no news that Marissa Mayer has been put under pressure to reduce costs.

SMEs get help to gain foothold in Indonesia F&B sector: International Enterprise (IE) Singapore and The FoodHall have partnered to give food and beverage (F&B) small- and medium- enterprises (SMEs) in the Republic an additional platform to tap into the growth opportunities in Indonesia.

‘Big Brother’ technology comes to Australia’s shops: A powerful new technology will give shoppers free wi-fi in return for information about them. This will give retailers a clearer picture of what consumers are doing in the physical world by turning mobile phones into virtual tracking devices.

China-led bank gains momentum: Switzerland and Luxembourg have signed up to the Asian Infrastructure Investment Bank, joining a host of powerful EU nations including the UK, France and Germany.

New hope for East Asian politics: The foreign ministers of South Korea, China and Japan gathered for their first meeting in nearly three years, vowing to resume the annual trilateral meeting and calm political tensions in the region.

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