The light dims in Hong Kong

He was put onto a flight back to Bangkok. Yes, Hong Kong may still be a great place for business, but it is no longer the free society it was. The SAR is playing to the territory's business strengths by asserting itself as an intermediary -- a comprador if ... ( read original story ...)

Hong Kong startup to target the future consumer

Based on current trends, productivity loss due to sickness absenteeism per employee is projected to increase by 25% based on GNI (gross national income). With an aging workforce, at the national level this represents a cost of S$3.3 billion in 2030, a 43% ... ( read original story ...)

Startups: How HK and Shenzhen can complement each other

Many tend to compare Hong Kong with its neighbor Shenzhen. Some believe the two cities are competing with each other, while others said the two can complement each other for a win-win situation. The number of startups has surged over the past seven years ... ( read original story ...)

The bank of the future

McKinsey's latest research reveals that at least 80 per cent ... the UK, New Zealand, Estonia, Hong Kong and Japan. As the digital future becomes inevitable, we understand that the one-size-fits-all approach in banking does not work anymore. ( read original story ...)

How Los Angeles Is the Future of Cities

Just ask Singapore, Hong Kong, or Dubai—cities that have thrived by building ... and why the U.S. economy remains so large and powerful. A McKinsey study found that 600 cities account for about 60 percent of global GDP. This city-heavy global economy ... ( read original story ...)

Housing affordability: A supply-side tool kit for cities

Research from the McKinsey Global Institute has examined the scope of the ... pedestrian-friendly cityscapes. Places such as Hong Kong and Seoul have already intensified land use around transit stops. Seoul allows floor-area ratios that are up to 20 ... ( read original story ...)

Chinese luxury customer market to hit $1 trillion RMB by 2025

In a new report from McKinsey & Company, titled ‘Chinese luxury consumers ... Shopping overseas remains a key reason to travel, as Hong Kong remains the most prominent destination, followed by South Korea. Consumers have become considerably less keen ... ( read original story ...)

OFX Hires Mike Kennedy as President, North America

Before founding clearXchange, Mr. Kennedy was an Executive Vice President with Wells Fargo and an Engagement Manager at McKinsey & Co. He has a Master ... San Francisco, London, Hong Kong and Auckland. The OFX Group Limited is a publicly listed entity ... ( read original story ...)