Category: BUSINESS

Proceeds to be used for acquisitions in Asia and the U.K. TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person ... ( read original story ...)

GLM isn’t a household name on InsideEVs, though we’ve featured GLM vehicles from time to time. The hottest GLM electric car to date is the G4, which debuted at the Paris Motor Show in October 2016. “O Luxe will acquire 85.5% of GLM’s outstanding ... ( read original story ...)

Start your day with what's moving markets in Asia ... Australia’s S&P/ASX 200 Index fell 0.5 percent and South Korea’s Kospi index added 0.2 percent. Hong Kong’s Hang Seng Index was 0.2 percent higher, while the Shanghai Composite Index swung ... ( read original story ...)

At the end of September 2017 and during two weeks, Startup Weekend will flourish in more than fifteen global capitals. The list of cities is growing, including Mexico City, London, Paris, Barcelona, Seoul, Cork, and Hong Kong. This global initiative is ... ( read original story ...)

This echoes with what Jonathan Woetzel, McKinsey senior partner and McKinsey Global Institute ... Frank Lyn, markets leader at PwC in China and Hong kong, urged companies to participate at an early stage to reap rewards in the long run. ( read original story ...)

McKinsey now predicts that the Internet economy could enable ... Sham came up with the concept for the company while he was working as a research assistant at the University of Hong Kong. He read hundreds of academic papers and researched such avenues ... ( read original story ...)

According to a Reuters report, private equity firms including a consortium comprising TPG Capital and South Korean billionaire Michael Kim's MBK Partners had also submitted bids earlier this month, but withdrew from the bidding war over concerns related to ... ( read original story ...)

Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man. According to the Bloomberg Billionaires Index, Ambani's wealth has seen a rise of $12.1 billion with the oil-to telecom ... ( read original story ...)

For full functionality of this site it is necessary to enable JavaScript. Here are the instructions how to enable JavaScript in your web browser. Virgin is currently making use of Hong Kong Airways' lounge, though during my visit it is very crowded. ( read original story ...)

The article is called Virgin Australia consolidates flight times for Hong Kong service and is located at https://www.businesstraveller.com/business-travel/2017/08/01/virgin-australia-consolidates-flight-times-hong-kong-service/. ( read original story ...)

The telecom business, Ambani's seven-year labor of love, has sucked in more than $31 billion (around Rs 2 lakh crore) in investments and is yet to earn him and his shareholders any profits. It's contributed to a near tripling of the group's total debt ... ( read original story ...)

The business landscape in Hong Kong remains volatile this year, where 60 percent of CEOs quote market factors as the prime inhibitor to their organisation's success. Key people risks include poor availability and selection of talent in the external labour ... ( read original story ...)

Ambani has overtaken Hong Kong realty leader Li Ka-shing as the second richest ... RIL has invested more than $31 billion in telecom business even as its revenues majorly continue to come from petrochemicals and refining businesses. However, with the ... ( read original story ...)

CK Hutchison has agreed to sell its fixed network in Hong Kong in order to focus more on mobile services. The investment group I Squared Capital will buy Hutchison Global Communications (HGC) from Hutchison Telecommunications Hong Kong Holdings (HTHKH) for ... ( read original story ...)