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 ...)
British activist barred from Hong Kong to start NGO monitoring city’s affairs
A British activist who was denied entry into Hong Kong is going ahead with plans to spearhead a group to monitor the city’s affairs, despite Beijing’s formal complaint to the UK about interference in China’s internal matters. At the centre of the ... ( read original story ...)
All you need to know about high-flying Hong Kong start-ups GoGoVan and Lalamove
It has been more than a month since logistics company GoGoVan became the first Hong Kong start-up to be valued at more than US$1 billion, and now rival Lalamove has staked its claim as the city’s next “unicorn” after raising US$100 million from a ... ( read original story ...)
Hong Kong’s MPF pension scheme poised for best year since 2009
Hong Kong’s pension scheme, the Mandatory Provident Fund ... Kenrick Chung Kin-keung, director of MPF business development at Convoy Financial Services, noted some risk factors ahead for the MPF. “The US, Japan and Europe have started to wind down ... ( read original story ...)
Fintech startup Revolut is signing up 40 new business customers every day
Foreign exchange startup Revolut has 16,000 business customers four months after launch. Signing up 3,000 to 3,5000 new retail customers each day. Plans to launch in the US, Australia, Canada, Singapore, and Hong Kong in the first quarter of 2018. ( read original story ...)
New Hong Kong leader proposes small business tax cut, housing help
HONG KONG -- Chief Executive Carrie Lam on Wednesday laid out a broad vision for Hong Kong in her first policy address since she assumed the city's highest office, pledging to help the middle class by lowering the tax rate on small businesses and promising ... ( read original story ...)