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Conglomerate Masan Group has received a syndicated loan of US$600 million at 6.7% interest from international financial institutions. The five-year loan was arranged by BNP Paribas, Credit Suisse, HSBC, and Standard Chartered Bank from a consortium of 37 financial institutions. Masan said improved business results in the consumer and retail …

Accor has expanded its portfolio in Southeast Asia with the signing of Grand Mercure Hotel in partnership with Meyland in Phu Quoc, Vietnam. The premium hotel will feature 200 keys, offering extensive leisure and convention facilities with a bold and multi-sensory design for an immersive guest experience. Grand Mercure Phu …

The humble baguette, France’s staple bread, made it onto the United Nation’s cultural heritage list on Wednesday, drawing delighted responses from French bakers and non-bakers alike. Paris-based U.N. heritage body UNESCO on Wednesday voted to include the “artisanal know-how and culture of baguette bread” on its list of Intangible Cultural …