The Hong Kong SAR government expects to spend HK$626.5 million on IT in 2012-2013, down 4.4% from last year, according to the Budget delivered by Financial Secretary John Tsang on Wednesday–his fifth Budget and the last of the current-term government. (read on…) Related items Manulife, Metlife submit bids for ING Asia sale: sources The...
SEOUL -(MarketWatch)- Samsung Securities (016360.SE), the brokerage unit of South Korea's largest conglomerate, Samsung Group, will more than half staff numbers at its Hong Kong unit as its seeks to make its overseas business profitable. (read on…) People who looked at this item also looked at… AIA sizes up bid for $6 bln ING...
Samsung Securities said on Wednesday it will suspend brokerage operations at its Hong Kong business and cut staff by more than half in an effort to boost the profitability of its overseas operations. (read on…) Related items Samsung Securities to cut staff at Hong Kong unit Hong Kong Finance Job Cuts Hit Samsung, Daiwa...
Hong Kongs cutthroat brokerage industry is claiming more and more casualties by the day as Japan's Daiwa Securities and South Korea's Samsung Securities trim their operations in the city. (read on…) Related items Hong Kong: The Most Business-Friendly City in the World ACL Semiconductors Inc. Reports First Quarter 2012 Financial Results Malaysian listed XiDeLang...
Hong Kong Financial Secretary: Government To Waive Property Rates, Give Electricity Subsidies (read on…) Related items Research and Markets: Electricity in Hong Kong – A 2011 Market Snapshot Hong Kong In Transition: The Old Guard Is Losing Some Control Sotheby's Hong Kong presents a selling exhibition of works by Yayoi Kusama Hong Kong In...
Shanghai / Hong Kong (China Daily/ANN) – Shanghai will become the global center of yuan trading, clearing and pricing by 2015, in line with a State plan to make the city an international financial hub by 2020. (read on…) Related items Hong Kong stock market plans yuan futures contract Kwok brothers claim they did...
After more than 30 years of working on airline operations in Hong Kong, Tony Tyler, the director general and chief executive of the International Airport Transport Association, has his eyes on many challenges facing the entire industry. (read on…) Related items Hong Kong approves third runway Race for Hong Kong's top job promises drama...
James Middleton of Clear the Air said officials must bear responsibility for the worsening air quality. “The government servants working for the EPD have children (read on…) Related items InvestHK Assists Record Number Of Companies SPECIAL REPORT – The masterminds of the Olympus cover-up Macau hits new gaming record in Oct to $3.4...
Think of it as the little airline that could. Hong Kong Airlines might be a small player in the greater scheme of things but the company is forging ahead with plans to offer some unique features to international travelers. (read on…) Related items Russia president sees Hong Kong as model for Moscow Business vision...
HSBC Holdings PLC (HBC) said Wednesday its indirect subsidiary, The Hongkong and Shanghai Banking Corporation Ltd., has entered into an agreement to sell its Retail Banking and Wealth Management business in Thailand to Bank of Ayudhya Public Company Ltd. (BAY.TH) for an undisclosed sum. (read on…) Related items HSBC Mulls Sale Of Certain Assets...
