Tag: Asia

Tipping Brief In Europe, America And Asia

Tipping Brief In Europe, America And Asia

Travel
Everyone that is employed in the hospitality industry in North America will appreciate customers who tip. In Canada and the U.S. the act of giving ten to fifteen percent just before leaving a restaurant is so commonplace that nobody really thinks twice about it, unless the service has been unusually poor. However, when travelling abroad, tipping the local staff in a hotel or restaurant can be awkward because not all travellers know what's expected. Here are some basic guidelines. Western Europe Some countries in this region like Italy and France will automatically add a service charge to restaurant bills, and they would also expect a 10% tip. If the service was exceptional then you could round up your payment to the nearest euro. As a rule, you should give change directly to the ...
Why China’s Cryptocurrency Barons Are Seeking New Life in Japan and Singapore

Why China’s Cryptocurrency Barons Are Seeking New Life in Japan and Singapore

General
China's largest cryptocurrency operators seek new life in friendlier Asian jurisdictions such as Hong Kong, Singapore, South Korea, and most especially, Japan as the mainland – once a home to the world's biggest community of Bitcoin miners – cracks down on cryptocurrency activity. Kicked out of their own territory and forced to shift resources en masse, China's exchanges and wallet services are now harboring for alternative investments by attracting new customers and staking out other corners of the $170 billion industry in the global market. They are either setting up over-the-counter shops in Hong Kong, planning operations in Singapore and South Korea, or applying for licenses in Japan (whether solo or via partnership). OKEx (one of the largest bitcoin operators in China backed