Category: BUSINESS

* Jan retail sales fall 0.9 pct y/y in value, down for 23 months * Jan jewellery sales fall 3.9 pct, vs 2.3 pct rise in Dec * Tourist arrivals up 4.8 pct in Jan, vs 5.4 pct rise in Dec HONG KONG, March 2 (Reuters) - Hong Kong's retail sales fell for the ... ( ...

It was brought under new management. This week, a deal was made for it to be sold to a joint-venture of Hong Kong-based firms owned by two brothers for $145 million. Able Shine Enterprises and Magnificent Hotel Investments will together buy the hotel from ... ( read original story ...)

(Hong Kong Tourism Board) Pairing food and wine is only natural ... “Consumers are all about perception; it affects business if you have one, two or three stars.” Leung Haynes elaborates: “Food is in some ways about status, even more so now ... ( read original story ...)

will instead be afforded complimentary access to the nearby Plaza Premium Lounge in Hong Kong located at West Hall, Level 7, Departure level, Terminal 1. In a statement to Business Traveller Asia-Pacific, the airline said: “It’s a difficult decision to ... ( read original story ...)

Hong Kong mobile operator SmarTone has appointed Kenny Lam Kwok-fung as an independent non-executive director of the company, effective immediately. Lam is currently president of Noah Group. Prior to Noah, Lam was a Global Partner at McKinsey & Company ... ( read original story ...)

Hong Kong stocks nudged higher amid volatile trading on the first day in March after US President Donald Trump’s first speech to Congress failed to provide solid details on policy. Trump emphasised his tax reform and infrastructure policies but produced ... ( read original story ...)

making it thesecond business priority of the year among Hong Kong’s financial decision-makers. Looking further ahead, 46 per cent of the respondents said they would make new technologies their first priority in 2020, topping the list for that year ... ( read original story ...)

Hong Kong, like many other places is gravitating towards innovation, technology and entrepreneurship as a keystone of economic policy for future growth. If new business growth doesn’t outpace the rate of old industries declining, economies and societies ... ( read original story ...)

The product is very similar to littleBits, a toy invented by a US startup in 2008. But the company has argued it has received effective patents in mainland China, Hong Kong and Taiwan, and was not involved in any copyright lawsuits. The company also ... ( read original story ...)

Kolkata, Mar 1 (IBNS): Hong Kong is wooing Indian investors and businessmen citing its low and simple tax regime, subsidized office space, loan guarantee schemes and easy connectivity to all of Asia's major business cities. At an interactive seminar in ... ( read original story ...)

HONG KONG--(BUSINESS WIRE)--Dah Chong Hong Holdings Limited (‘DCH’ or the ‘Group’; stock code: 01828) announced today its annual results for the year ended 31 December 2016. For the year ended 31 December 2016, Turnover of the Group increased 3.7% ... ( read original story ...)

The Hong Kong stock market is poised to open slightly higher on Wednesday after China posted better than expected PMI data for February. While investors are also still waiting for US president Donald Trump’s speech to Congress in the US. The Hang Seng ... ( read original story ...)

Hong Kong’s flagship airline Cathay Pacific will launch one of its longest non-stop services in December, a thrice-weekly service to Christchurch in the South Island of New Zealand. The service, commencing during the southern hemisphere’s summer ... ( read original story ...)

A seminar in London heard that China’s One Belt One Road initiative will generate opportunities for maritime business in Hong Kong and London Hong Kong is hoping to gain new maritime business generated from China’s One Belt One Road initiative. ( read original story ...)