Connect with us

Business

Singapore food vendors launch first New York hawker center By Reuters

Published

on

5/5

© Reuters. A dish pictured in the shape of Urban Hawker, a Singapore-style hawker market, opens in Midtown Manhattan in New York, New York, US, September 28, 2022. REUTERS/Roselle Chen

2/5

By Roselle Chen

NEW YORK (Reuters) – A Singapore-style hawker center has opened in New York for the first time, bringing flavors from the fusion of Malay, Chinese, Indian and other island cultures in Southeast Asia to an American food court.

Located in midtown Manhattan, Urban Hawker features 17 vendors handpicked by food court curator KF Seetoh, with 11 vendors coming directly from Singapore hawker centers. Each stall specializes in a popular dish such as spicy crab, oyster omelette, Hainanese chicken rice or nasi lemak, a fragrant rice dish.

Advertisement

“I met Singaporeans who had been living in the US in New York for 20, 30, 35 years ago, and they still miss Singaporean food,” Seetoh said.

“Street food in Singapore is not something you sear or deep fry. It’s rather complicated. It only takes six hours for a meal to be prepared at 10am or 11am”

The idea for the food court was born when Sitoh met celebrity American chef Anthony Bourdain in 2013 in Singapore at a street food party. Bourdain was excited by the idea of ​​a New York hawker’s market.

Sitoh later contacted Eldon Scott, president of Urbanspace, a property manager that sponsors immersive public markets, who quickly agreed.

“The amazing thing about him saying yes is that he has never been to Singapore,” Seetoh said.

Advertisement

Seetoh hopes this hawker center will be the first of many in the country.

“It’s like exporting my grandmother’s appetite, the food I grew up with,” he said.

“The food was good, but something was missing without the plastic dishes, cutlery and the intense heat,” Magdalene Sim, a Singaporean, said on social media. “The queues were the same though.”

Customer Julie Li, on her third visit, smelled Hainan Jones chicken over rice. “Everyone should try it,” she said. “So much flavor and so much juicy.”

Source link

Advertisement

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.

Business

MicroStrategy is at its lowest level since 2020 after the sales were revealed

Published

on

By

(Bloomberg) — Shares of MicroStrategy touched their lowest level since August 2020 after the enterprise software company, which in recent years has been known as the largest buyer of bitcoin, revealed its first sale of the token.

Most Read from Bloomberg

The stock fell 1.1 percent to $136.63 on Thursday, down 75 percent this year. Bitcoin rose less than 1% to around $16,590 and is believed to have fallen 64% since the start of the year.

Advertisement

In a filing on Wednesday, MicroStrategy said it acquired approximately 2,395 Bitcoin between the beginning of November and December 21 through its subsidiary MacroStrategy, and paid out approximately $42.8 million in cash. It then sold 704 of the tokens on Dec. 22 for a total of about $11.8 million, citing tax purposes, before buying another 810 of them two days later.

Matt Malley, chief market strategist for Miller Tabak + Co. Step down as CEO. This news means they don’t seem to want to do that anytime soon.”

Overall, MicroStrategy held about 132,500 bitcoins worth over $4 billion USD as of December 27th. The company paid an average purchase price of $30,397 per bitcoin.

“Given MicroStrategy’s $2.4 billion in leverage, we believe the company may have a lot of leverage over Bitcoin, and may face some liquidity risk,” Jefferies analyst Brent Thiel wrote in a note on Wednesday. Thill has an “underperform” rating on the stock and a price target of $110.

Over the years of the pandemic, MicroStrategy has become well known for its Bitcoin takeovers, largely led by Saylor. Earlier this year, Saylor stepped down from that role and now serves as CEO at the company and continues to lead its bitcoin strategy.

Advertisement

MicroStrategy was trading around $120 before Saylor first announced the company’s Bitcoin purchases in 2020. The stock reached an all-time high of $1,315 in February 2021.

(Updates to include the stock’s closing price in the second paragraph.)

Most Read by Bloomberg Businessweek

© Bloomberg LP 2022

Advertisement

Source link

Continue Reading

Business

Bankman-Fried May File Petition in New York Federal Court Next Week Before Judge Louis Kaplan By Cointelegraph

Published

on

By



Former FTX CEO Sam Bankman-Fried is set to appear in court on the afternoon of January 3 to enter a lawsuit over two counts of wire fraud and six counts of conspiracy against him related to the collapse of cryptocurrency exchange FTX, according to Reuters. mentioned on December 28, citing court records. Bankman-Fried will appear before District Judge Lewis Kaplan in Manhattan.

Judge Kaplan was appointed to hear the case on December 27 after the original judge in the case, Ronnie Abrams, Resigned herself because of connections between FTX and the law firm Davis Polk & Wardwell, where her husband is a partner. The company provided advisory services to FTX in 2021.