An investment team led by Joe O’Reilly of Chartered Land has sold Adelaide Chambers, a redeveloped office building which formerly accommodated the Adelaide hospital in Dublin, for €13.5m. ( read original story ...)
From China to India, Asia braces for EU plan to kill fast fashion
Under the EU rules, he hopes the high-volume business of fast fashion will give way to a production model that keeps resources circulating through reuse. "You can make something [of] beauty from ... ( read original story ...)
An Introduction to Doing Business in Hong Kong 2022 – New Publication from Dezan Shira & Associates
An Introduction to Doing Business in Hong Kong 2022, from Dezan Shira & Associates, introduces the fundamentals of investing in Hong Kong. ( read original story ...)
What is the MPF offsetting mechanism and why are workers happy the Hong Kong government is set to finally scrap it?
After decades of criticism, the government is finally axing the mechanism, which means more money going to employees, while bosses will initially be supported by subsidies. ( read original story ...)
Decide on controversial proposal to raise government employees’ pay before current term ends, Hong Kong’s civil service groups urge outgoing administration
City's de facto cabinet unexpectedly delays discussion on annual pay adjustment; meeting with civil service groups also abruptly called off Some speculate the current government may want incoming ... ( read original story ...)
Hong Kong tops the list of World’s 20 most expensive cities for expats
Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International ... ( read original story ...)
Chinese movie industry screens business tragedy
Theatregoers are demanding a rewrite of China’s cinema script. Lockdowns pushed movie ticket sales to a 10-year low during the recent Dragon Boat Festival holiday weekend. While the country overtook ... ( read original story ...)
Hong Kong proptech start-up Butler expands beyond concierge services, signs up Swire, New World and Sun Hung Kai, eyes Singapore
The company, founded in 2018 to provide services such as cleaning and closet organising, now aims to revolutionise antiquated property-management practices Butler has signed contracts with Swire ... ( read original story ...)
Cathay Pacific given access to HK$7.8 billion loan from Hong Kong government for another year
Hong Kong flagship carrier Cathay Pacific Airways on Tuesday said it would be able to access a HK$7.8 billion (US$1 billion) loan facility in the next 12 months after the government extended the ... ( read original story ...)
How 3 insurance professionals have helped Hong Kong tackle challenges such as Covid-19 pandemic
Manulife Hong Kong’s actuary Danny Lee, wealth management manager Winvy Lung and advanced analytics specialist Alex Fung devised new customer offerings and services ... ( read original story ...)
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin's B Capital Group, private equity giant ... ( read original story ...)
Exclusive-Citigroup to Hire 3,000 in Asia Institutional Banking Business in Growth Push -Asia CEO
Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next couple of years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)
Hong Kong landlords and sellers should brace themselves for a more realistic property market in the near term
It now takes 18 minutes to get from Sha Tin to the city’s primary central business district ... For lack of a better word, Hong Kong has entered into a realistic property cycle. Despite rigid ... ( read original story ...)
Tencent-backed Chinese start-up G7 Connect and rival E6 Technology merge to create truck management services giant
The size of China's road freight market, the world's largest, was worth 6.2 trillion yuan (US$933.4 billion) in 2020, according to information provider Chyxx.com About 80 per cent of the country's ... ( read original story ...)