HONG KONG—The arms race between Uber Technologies Inc. and its rivals in Asia is heating up. After selling its China operations to a local rival, Uber faces another expensive fight in the heavily populated market of Indonesia. Local rival Go-Jek is in ... ( read original story ...)
Zalora, the startup all grown up, hones its operations at Klang hub
I tell the team we are no longer a startup. So the things we may have been able to get ... shifts to fulfil orders for the eight markets - Singapore, Malaysia, Brunei, Hong Kong, Macau, Taiwan, Indonesia and the Philippines. In a constantly evolving ... ( read original story ...)
China should clone Hong Kong’s pension model, says MPF Authority chairman
Hong Kong’s Mandatory Provident Fund (MPF) provides a role model for mainland China’s reform of the state pension system as the Chinese government replaces its cradle-to-grave welfare with market practices, said the MPF’s chairman. “Employees in ... ( read original story ...)
Thin trading in Hong Kong, mainland stocks ahead of Fed rate decision
Hong Kong stocks narrowed early gains to close the morning session little changed as investors remain cautious ahead of a probable US interest rate rise. The Hang Seng Index was up 0.05 per cent at 23,842.4 after hitting the highest level in two weeks ... ( read original story ...)
Hong Kong police break loan shark syndicate preying on Filipino domestic helpers
Chan said initial investigations showed the syndicate was controlled by a Hong Kong couple aged 49 and 50 who recruited their own helper and other Filipino domestic helpers as assistants to find borrowers and expand the business. After a two-month probe ... ( read original story ...)
DKSH Drives Johnson & Johnson's Growth in Hong Kong
HONG KONG, March 14, 2017 /PRNewswire/ -- DKSH Business Unit Healthcare, Asia's leading Market Expansion Services provider for healthcare companies seeking to grow their business in Asia, has been appointed by Johnson & Johnson, a leading multinational ... ( read original story ...)
Hong Kong trails Singapore in quality-of-life rankings due to housing, pollution issues
Singapore will definitely be a better place than Hong Kong because of better pollution control,” Ms Connie Leung, principal business leader for talent information solutions at Mercer, said. “And as for housing [in Singapore], you may have more choices ... ( read original story ...)
UPDATE 1-Hong Kong Uber drivers found guilty of unlawful commercial car hire
Uber hasn't officially released figures on the size of its business in Hong Kong, but analysts believe more than one million rides have so far been given with tens of thousands of registered drivers. ($1 = 7.7645 Hong Kong dollars) (Reporting by Venus Wu ... ( read original story ...)
Renowned Korean actor Park Hae-jin makes special appearance at Madame Tussauds Hong Kong
HONG KONG, CHINA -- (Marketwired) -- 03/13/17 -- Following a hiatus from attending events in Hong Kong, well-known Korean celebrity Park Hae-jin today unveiled his wax figure at Madame Tussauds Hong Kong with cheering fans who were selected from an ... ( read original story ...)
Hong Kong flat as Fed caution eats into China cheer
HONG KONG (NewsRise) -- Hong Kong shares ended flat on Tuesday after loitering around a two-week closing high in a choppy trading session as concern about rising U.S. borrowing costs offset gains for mainland companies in the wake of upbeat Chinese data. ( read original story ...)
China, Hong Kong shares flat; caution dominates solid econ data
Banking stocks in both China and Hong Kong were firm, as Goldman Sachs updated China stocks to "overweight", with a bullish view on China's banking sector, citing improving credit outlook and growing loan pricing power. ( read original story ...)
Different strokes: Underwater hockey makes splash in Hong Kong
Hong Kong (AFP) - The gravity defying sport of underwater hockey has gained a worldwide following -- now a Hong Kong team is diving in as the game takes off in Asia. Invented by British navy divers in the 1950s, the acrobatic six-a-side sport requires ... ( read original story ...)
Hong Kong goes crazy for 'hero' policeman
A 20-year-old Hong Kong policeman has swept to fame online after he talked a suicidal Pakistani man out of killing himself - in fluent Urdu. The man had climbed a 20-metre-high (65ft) crane at a construction site, and police were called to the scene. ( read original story ...)
Hong Kong: An Insiders Guide to a Shopping Mecca
From high-end luxury to Asian curios and art, the city has it all when it comes to retail. Hong Kong is a shopping paradise. The airport alone rivals Beverly Hills for sheer volume of high-end shopping. From upscale retailers to funky consignment shops ... ( read original story ...)