In recent research from the McKinsey Global Institute (MGI), we took up the challenge ... Finally, also of note is the rise of Asian countries, notably China/Hong Kong and Singapore. This correlates well with the rise of Asia in worldwide digital commerce. ( read original story ...)
Go with the flows
Jacques Bughin, a director of the McKinsey Global Institute ... Also of note is the rise of Asian economic and digital centres, notably Hong Kong and Singapore. This correlates well with the rise of Asia in worldwide digital commerce. ( read original story ...)
The Inconvenient Truth of Hidden Conflict in the C-Suite – And What to Do About It
Singapore has ranked top among other Asian countries like South Korea and Hong Kong in the recent Asian Digital Transformation ... recognising the need to have a digital strategy in place. McKinsey estimates that digital technologies, including big data ... ( read original story ...)
Here Come The Robots – And They Are Going To Take Almost All Of Our Jobs
A Chinese government official told a Hong Kong newspaper in May that Foxconn had replaced 60,000 ... according to consultancy McKinsey. About 58% of CEOs plan to cut jobs over the next five years because of robotics, while 16% say they plan to hire more ... ( read original story ...)
Investing with a human touch
Research by the McKinsey Global Institute notes that over the next 20 ... The 2015 BlackRock Global Investor Pulse Survey showed that 76% of mass affluent clients in Hong Kong, and 86% in China, enjoy managing their investments. In line with this, they ... ( read original story ...)
Hong Kong's Li dynasty trade UK assets as Three buys Relish wireless broadband for £250m
The dynasty, headed by 88-year-old Li Ka-shing, is one of the most powerful in Asian business. Victor, once kidnapped and held for a HK$1bn (£100m) ransom a notorious Hong Kong gangster, by heir to the throne as deputy chairman of CK Hutchison. ( read original story ...)
Hong Kong’s yuan deposits fall 46 per cent from their 2014 peak
Yuan deposits in Hong Kong have dropped 46 per cent from their peak of December 2014, and analysts see no end in sight for the exodus, as the currency continues to devalue. However, they also believe any damage to the city’s reputation as a leading ... ( read original story ...)
Hong Kong giving its image a makeover
What do travellers usually do when they visit Hong Kong? The answers may vary, but most are not hard to guess. Eating and shopping are high on most lists, especially for visitors from other Asian countries. The Hong Kong Tourism Board (HKTB) wants visitors ... ( read original story ...)
Cool Hotels That Can Only Be Found In Hong Kong
Hong Kong is a global playground for business and leisure travelers who revel in the idea of mysterious thrills around each and every corner. An economic powerhouse with the style to match, this ever-changing city welcomes visitors from all ends of the ... ( read original story ...)
Scores of Chinese billionaires and CEOs have disappeared in 'state-sanctioned abductions'
BREAKING: Chinese tycoon 'in contact' with family and business after vanishing from Hong Kong https://t.co/dYnO9PaSfc pic.twitter.com/1fUA0ss8Zf — SCMP News (@SCMP_News) February 4, 2017 It remains unclear why Xiao was detained but the case bears ... ( read original story ...)
Chinese tycoon ‘in contact’ with family and business after vanishing from Hong Kong
The Chinese tycoon who vanished from the Four Seasons Hotel in Hong Kong last week – and is now believed to be on the mainland assisting several investigations – is in contact with his family and business, sources have told the Post. They said Xiao ... ( read original story ...)
Hong Kong government backs plan for new tech board, says minister
The Hong Kong government supports plans by the city’s stock exchange to launch a new platform to attract technology and new economy companies to list, according to a minister. “Attracting high quality companies to list in Hong Kong is important to the ... ( read original story ...)
Long queues at Hong Kong food trucks despite minor hiccups on first day of business
The dumplings were late, but hungry Hong Kong customers were willing to wait. Three food truck operators made their debut on Friday under a two-year pilot scheme that will eventually see 16 trucks serving their specialties at designated locations ... ( read original story ...)
Hong Kong business says forget flash, keep it simple for start-ups
Forget fancy buildings and go for start-ups at low rents in the Lok Ma Chau Loop, the Hong Kong government has been told. Instead of buildings with shiny glass walls and elaborate designs, like those run by Hong Kong Science and Technology Parks at Tai Po ... ( read original story ...)