Hong Kong stocks reached their highest level in nearly a decade on Monday after media reports said the bourse operator was considering asking the city’s government to cut the stamp duty on share trades. The Hang Seng Index rose 0.8 per cent, or 216.37 ... ( read original story ...)
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 ...)
The best two business school programmes in the world are based in Hong Kong, according to the Financial Times
Hong Kong has the best two business school programmes in the world, according to a prestigious global ranking of universities in the Financial Times released on Monday. The University of Science and Technology (HKUST) retained the top spot it claimed last ... ( read original story ...)
Hong Kong’s budget won’t fix core problems of dominant cartels and lack of competitiveness
Hong Kong’s recent budget creates its own unconventional version of Freakonomics: the morality of how bureaucrats imagine the city works versus the economics of how it actually works. Despite pumped up welfare and social spending, the government’s ... ( read original story ...)
Hong Kong’s health priority should be elderly care in the community not more hospitals
Nowhere is this more so than in the areas of health care and elderly care, where I confess I have a strong bias, and have been keenly engaged with the Business Professionals ... Elderly and End of Life care in Hong Kong”, is simple: “Hospitals are ... ( 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 ...)
DYXnet Group works with the HeadStart@HKUST program to nurture Hong Kong’s business leaders of tomorrow
Company Founder and CEO speaks at HeadStart Thank You Dinner event on the importance of internship to students in tertiary education HONG KONG, Oct. 13, 2017 /PRNewswire/ -- DYXnet Group, Greater China's leading carrier-neutral network service provider ... ( 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 ...)
HKETO, Brussels makes sure Hong Kong is “on the radar” of Cypriot businesses (with photos)
Hong Kong Economic and Trade Office, Brussels (HKETO, Brussels) co-organised a business seminar titled "Is Hong Kong on your radar ?" with the Cyprus Chamber of Commerce and Industry (CCCI) and Invest Hong Kong (InvestHK) in Nicosia, Cyprus on October 11 ... ( read original story ...)