Kopi With YP: Your Minimalist Morning Brief, 25 Apr

Get up to speed and stay smart with the latest business, tech, and local news in under 2 minutes. 

Business

Japan’s growing labour shortage is threatening the nation’s ubiquitous convenience stores.

Malaysia’s 1MDB reached an agreement with Abu Dhabi under which it will pay $1.2 million to settle a debt dispute.

A quarter of the issuance of a S$60 million convertible notes deal with private equity firm Gateway Partners will be sold to Gentle Care, a Lippo subsidiary.

World

China will intensify a crackdown on the use of “gutter oil” as a series of food scandals continue to plague the industry.

Hundreds of websites – including government portals – across Southeast Asia were found to have been infected with malware.

Obama returns to the public spotlight, saying he hopes to spend the next phase of his life helping “prepare the next generation of leadership.”
 

Local

Nearly two months after its launch, the on-demand shuttle-bus service, GrabShuttle, has more than doubled its number of routes to 32.

SMRT says Singapore’s rail network still has “some way to go to be best class in the world”.

Cheaper, cleaner energy for households is on the cards when the energy market becomes fully liberalised next year.
 

Tech

Samsung to roll out software updates for Galaxy 8 after users complained of spotty wifi and tinted screens.

New Microsoft tools will integrate the LinkedIn Sales Navigator tool directly into its Dynamics 365.