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Category: BUSINESS

Posted on 03/09/2024

DP World completes acquisition of Hong Kong-based supply chain provider

Dubai-based ports operator DP World has completed the acquisition of Cargo Services Far East, a Hong Kong-based supply chain provider, as part of its efforts to bolster its integrated logistics business.

Posted on 02/09/2024

Hong Kong’s fashion tech start-up raises funds, eyes mainland, South Korea growth markets

Fashion tech start-up to get a strategic investment partner to help fund its expansion plan. Money will be used to add more features and enhancements to its AiDA software, CEO Kim Wong says.

Posted on 02/09/2024

Snack food producer Four Seas snaps up Hong Kong office space as bargains lure buyers

Hong Kong’s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.

Posted on 02/09/2024

Hong Kong retail rental relief needed as sector remains sluggish, expert warns

Industry leader Annie Tse calls for a 30 per cent reduction in rents, saying downward trend will continue to year end or even early 2025 Hong Kong's retail sector is expected to remain bleak through ...

Posted on 02/09/2024

Hong Kong students should sing national anthem ‘with emotion’, says education chief

Hong Kong students should sing the national anthem “with emotion ... The bureau in April projected the number of six-year-olds expected to start Primary One would drop from 49,600 this year to 31,500 ...

Posted on 02/09/2024

Shares in Hong Kong’s New World Development plunge after $2.6 bln loss estimate

Shares of New World Development , a major Hong Kong property developer, plunged 14% after it estimated a net loss of as much as HK$20 billion ($2.6 billion) for the financial year ended in June.

Posted on 02/09/2024

Kam Lun Tailors weaves 60 years of history in its school uniforms for Hong Kong pupils

From the 1950s to the 1970s, Hong Kong saw a surge in immigration; with it came a growing demand for school uniforms. It was this trend that spurred Paul to leave his job at a larger uniform company ...

Posted on 02/09/2024

Deep Dive: Scams are increasing in Hong Kong, but the law can’t keep up

“Hong Kong is lagging in enacting laws to fight scams,” said ... They may pose as a legitimate business or a government body to win a victim’s trust. These scams are called “authorised” because they ...

Posted on 02/09/2024

Deep Dive: Scams on the rise in Hong Kong thanks to technology and lack of regulations

Hong Kong students hit with employment scams as fake job listings ... They may pose as a legitimate business or a government body to win a victim’s trust. These scams are called “authorised” because ...

Posted on 02/09/2024

Hong Kong students should sing national anthem ‘with emotion’ on return to school: minister

Education chief Christine Choi issues reminder before first day of academic term, with flag-raising ceremonies expected at schools.

Posted on 02/09/2024

Panda Watch: Hong Kong’s cub twins start to develop black-and-white features and sprout fur

Despite being twins, 'Little Brother' has more pronounced dark patches, while 'Elder Sister' is slightly larger Panda Watch is a weekly blog by the Post which tracks the latest on the baby panda twins ...

Posted on 02/09/2024

LeBron James’ Legendary, ‘The Chosen One’ High School Jersey Is Expected To Sell For A Record-Setting Price At The Auction In Hong Kong

Los Angeles Lakers superstar LeBron James will start his 22nd NBA season in two months. As the all-time points leader, he has achieved several milestones throughout his professional career. James, who ...

Posted on 02/09/2024

PE Panorama: HarbourVest’s secondaries success

HarbourVest Partners, a longstanding investor in Asia, has closed its latest secondaries funds at US$18.5 billion. A private markets firm with over 40 years of experience and over $127 billion of ...

Posted on 01/09/2024

State-Owned Chinese Company Places $1.2 B. Bid for K11 Art Mall in Hong Kong

In a shock development that sparked headlines in Bloomberg, the Business Times, and Sing Tao this past week, K11 Art Mall in Hong Kong's shopping district, Tsim Sha Tsui, received a $1.2 billion offer ...

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