The Hong Kong Polytechnic University (PolyU), announced on Thursday it has teamed up with AMTD Group Company and AMTD Foundation to launch a new university-industry collaborated fintech center. According to PolyU, the AMTD Fintech Center of PolyU Faculty ... ( read original story ...)
What Can I Expect from Hong Kong Property Taxes?
Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I am trying to get the full financial picture of buying in Hong Kong, where real estate prices are sky high. What is the property tax there like? ( read original story ...)
How this $160m Hong Kong startup runs its engineering team
Founded as EasyVan in 2013, Hong Kong-based Lalamove set out with a vision of making on-demand local deliveries faster and easier. In a little under five years, the logistics startup has raised $160 million, employs 1,500 employees worldwide, and has a ... ( read original story ...)
Didi Chuxing to accept cashless payments in Hong Kong cabs for first time
Hong Kong’s taxi drivers have frequently faced criticism for their refusal to move with the times and fully embrace electronic payments as an alternative to cash. That has not stopped some of the biggest players in the mobile payments game trying to ... ( read original story ...)
Search on for identity of suspected jaywalker who died after being hit by Hong Kong taxi
... the identity of a suspected jaywalker in Hong Kong who died after being knocked down by a taxi in the heart of Hong Kong’s business district before dawn on Wednesday. After the road fatality, police arrested the taxi driver on suspicion of dangerous ... ( read original story ...)
Credit Suisse gets license for wealth management business in Philippines
HONG KONG (Reuters) - Credit Suisse Group AG (CSGN.S) said on Thursday it has received regulatory approval to launch its wealth management business in the Philippines, allowing the Swiss bank to tap the growing onshore wealth in the Southeast Asian country. ( read original story ...)
Asia’s most expensive cities for business travel
Hong Kong, Tokyo, Singapore (joint third), and Seoul (joint third) are now the most expensive Asian locations for business travel, revealed ECA International’s Daily Rates research. Updated annually, ECA’s Daily Rates reports provide average costs for ... ( read original story ...)
In Hong Kong, golf carts can be pricier than Teslas
Business executives drive them ... Outrageously high prices aren’t an oddity in Hong Kong. Asia’s financial capital regularly appears on lists of the world’s most expensive cities, and property prices are the world’s most unaffordable relative ... ( read original story ...)
Is Cathay Pacific’s $7,000 Business-Class Flight Worth It?
This flight was scheduled to arrive at Hong Kong International Airport at 6:10 a.m. and leave LAX at 11:20 p.m. on a Saturday, a time when the Tom Bradley International Terminal is relatively and appreciatively un-crowded. The business class line for the ... ( read original story ...)
Business trip costs to Singapore in 2017 rose to US$479 a day
Hong Kong (US$508) is the most expensive location for business travellers, overtaking Tokyo (US$501) which dropped to second in the rankings. Meanwhile, the cheapest region for international business travel continues to be Malaysia, with Kuala Lumpur and ... ( read original story ...)
Hong Kong and Shanghai investment mission invites Philippine investors
MANILA – A high-level investment delegation from Hong Kong and Shanghai is scheduled to visit the Philippines on April 22 - 24 to present and discuss new business opportunities, in tune with the growing intra-regional cooperation in Asia. The mission ... ( read original story ...)
After Li Ka-shing, Hong Kong’s property tycoons inherit tough market
HONG KONG -- According to a legend passed around among Hong Kong's laborers, the city is protected by an invisible force field that keeps tropical storms from coming ashore during the workday. The source of this supernatural power, they say, is business ... ( read original story ...)
Oil majors, mainland banks lift Hang Seng
Stocks in Hong Kong rallied at mid day today, backed by oil shares as well as mainland banks. The benchmark Hang Seng Index spiked by 1.28 percent ... added 2.93 percent. Mainland bank shares gained broadly, with China Construction Bank (0939) up by ... ( read original story ...)
Genetics testing startup Prenetics buys UK’s DNAFit to move into consumer services
Prenetics, a Hong Kong-based startup that offers genetic testing services for patients, is expanding outside of Asia and into the consumer space after it acquired London-based company DNAFit. The deal — which a source told TechCrunch is worth $10 million ... ( read original story ...)