Hong Kong, like many other places is gravitating towards innovation, technology and entrepreneurship as a keystone of economic policy for future growth. If new business growth doesn’t outpace the rate of old industries declining, economies and societies ... ( read original story ...)
Hong Kong leadership hopefuls Carrie Lam and John Tsang accept police protection, but Woo Kwok-hing says no to bodyguards
Elite police officers from the VIP Protection Unit – previously known as G4 – will provide protection for chief executive hopefuls Carrie Lam Cheng Yuet-ngor and John Tsang Chun-wah throughout the leadership race, the Post has learned. But their rival ... ( read original story ...)
Gov’t strips tech startup of gov’t IT award amid controversy over eligibility
The product is very similar to littleBits, a toy invented by a US startup in 2008. But the company has argued it has received effective patents in mainland China, Hong Kong and Taiwan, and was not involved in any copyright lawsuits. The company also ... ( read original story ...)
Hong Kong Horse Racing News: California Whip
The BMW Hong Kong Derby (2000m) may be off the agenda for Tony Cruz-trained California Whip, but jockey Neil Callan believes the four-year-old has the ability to still prove one of the best horses of his generation – albeit in shorter races. He will ... ( read original story ...)
Hong Kong woos Indian investors with business-friendly benefits
Kolkata, Mar 1 (IBNS): Hong Kong is wooing Indian investors and businessmen citing its low and simple tax regime, subsidized office space, loan guarantee schemes and easy connectivity to all of Asia's major business cities. At an interactive seminar in ... ( read original story ...)
Dah Chong Hong Announces 2016 Annual Results
HONG KONG--(BUSINESS WIRE)--Dah Chong Hong Holdings Limited (‘DCH’ or the ‘Group’; stock code: 01828) announced today its annual results for the year ended 31 December 2016. For the year ended 31 December 2016, Turnover of the Group increased 3.7% ... ( read original story ...)
Hong Kong stock to open higher as China PMI beats expectation
The Hong Kong stock market is poised to open slightly higher on Wednesday after China posted better than expected PMI data for February. While investors are also still waiting for US president Donald Trump’s speech to Congress in the US. The Hang Seng ... ( read original story ...)
Cathay Pacific to launch its first direct flight between Hong Kong and Christchurch, New Zealand
Hong Kong’s flagship airline Cathay Pacific will launch one of its longest non-stop services in December, a thrice-weekly service to Christchurch in the South Island of New Zealand. The service, commencing during the southern hemisphere’s summer ... ( read original story ...)
Hong Kong targets maritime silk road business
A seminar in London heard that China’s One Belt One Road initiative will generate opportunities for maritime business in Hong Kong and London Hong Kong is hoping to gain new maritime business generated from China’s One Belt One Road initiative. ( read original story ...)
Is business travel in Singapore getting more expensive?
Following Tokyo, the next most expensive business travel destinations are Hong Kong and Seoul. The cheapest location, meanwhile, is Johor Bahru in Malaysia. The cost of a typical meal and incidental expenditure are actually more expensive in Singapore than ... ( read original story ...)
Fitch: Hong Kong Tender Results Show Local Developers' Prudence
The Hong Kong property developers rated by Fitch are generally interested ... which jointly won the site in Ap Lei Chau for HKD16.9bn; a consortium led by Goldin Financial Holdings (unrated) which won the site at Ho Man Tin with a total development cost ... ( read original story ...)
BRIEF-Hong Kong SFC sanctions Yorkey Optical for late disclosure of inside information
* says Market Misconduct Tribunal sanctions Yorkey Optical, its CEO and financial controller for late disclosure of inside information Source text in English: bit.ly/2l7Fuky (Reporting by Hong Kong newsroom) Next In Financials ( read original story ...)
Hong Kong Budget 2017-18: Winners and Losers
In a bid to boost growth amid sluggish retail sales, soaring property prices and the potential for further interest rate increases, Hong Kong’s Financial Secretary Paul Chan announced measures to support infrastructure, senior citizens and salaried workers. ( read original story ...)
Manulife revealed as bank fined $1.15M for violating anti-money laundering reporting rules
The Americans actually take a view that financial crime is a serious issue. They are not scared to put people into jail.' - Bill Majcher, former Mountie who advises banks in Hong Kong Bill Majcher, who spent 22 years with the RCMP and now heads a Hong Kong ... ( read original story ...)