Cathay Pacific country manager Rob Bradshaw said that through the direct flight, they aim to develop the tourism, business and the OFW (Overseas Filipino Workers) market. Apart from being a destinatio... ( read original story ...)
Hong Kong SAR proposes rule change to enable ILS business
The Hong Kong Special Administrative Region (HK SAR) of the People’s Republic of China is targeting insurance-linked securities (ILS) business, with a proposal to amend regulations to enable special p... ( read original story ...)
Meet Labway, a startup specializing in sea cucumber nutrients
Founded in 2016, Labway, a Hong Kong-based biotechnology startup, aims to explore and develop the health nutrients from sea cucumber, in order to analyze the anti-resistance ingredients and medicinal ... ( read original story ...)
Hong Kong Dollar Drops the Most Since 2016
Hong Kong’s dollar weakened the most since February 2016, unwinding some of last week’s jump, as a widening interest-rate gap made it more lucrative to borrow the currency to buy the greenback. The ci... ( read original story ...)
A ‘slippery slope’: Badly drafted security law could harm Hong Kong’s status as a business hub, warns UK watchdog
A new report by a UK human rights watchdog has warned that badly drafted national security legislation could harm Hong Kong’s status as an international business hub. Article 23 of Hong Kong’s Basic L... ( read original story ...)
Hong Kong startup ecosystem reaching for the top floor
EPiC, an event organised by the Hong Kong Science and Technology Parks, showcased why the future for the city’s startup scene is bright High above Hong Kong’s iconic International Commerce Centre (ICC ... ( read original story ...)
China’s ‘great wall of capital’ set to benefit mutual funds
“The big opportunity is China,” said Jacob Dahl, a senior partner at McKinsey, based in Hong Kong. “About 40 per cent of Asia assets under management is currently in China.” China has seen strong infl... ( read original story ...)
Hong Kong and Singapore bankers jittery about mainland travel after UBS RM questioned in China
Private bankers in Singapore and Hong Kong are becoming more cautious about ... a lucrative and largely untapped market, estimated by McKinsey to be worth about US$6 trillion in investable assets ... ( read original story ...)
Barton Draws on McKinsey Past to Help Teck ‘Withstand Torpedoes’
Barton, on the other hand, is moving -- to Hong Kong where his partner is based -- though he plans to keep a residence in Vancouver. When he retires from McKinsey next August, he expects to pick up a ... ( read original story ...)
Asian asset management revenues on course to double by 2022
Tackling Asia requires managers to identify their priority markets and pay close attention to the secular trends that will determine long-term results, says Jacob Dahl, a senior partner at McKinsey, b... ( read original story ...)
Myanmar welcomes more investment from Hong Kong
In addition, Hong Kong is one of the key investors in Myanmar with the rank of 4th after China, Singapore and Thailand. According to McKinsey and Company, Myanmar needs 320 billion US$ investment for ... ( read original story ...)
Technology is shaking up the financial industry and big banks are struggling to adapt
"The rise of digital innovators in financial services presents a significant threat to the traditional business models of retail banks," consultancy McKinsey & Company said ... during the same Wednesd... ( read original story ...)
Questioning of UBS banker comes at delicate time for financial firms in China
McKinsey estimates about US$6 trillion in assets could become ... The city state recently edged out Hong Kong in terms of competitiveness in Deloitte’s International Wealth Management Centre Ranking, ... ( read original story ...)
Treebo lost almost Rs 3 for every rupee in revenue for FY18
They were colleagues at McKinsey & Co. before that ... in its Series C funding round led by Hong Kong-based investment firms Ward Ferry Management and Karst Peak Capital. Treebo works with new and exi... ( read original story ...)