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Tag: business

Posted on 15/04/2024

Singapore Car Startup Seeks Value Over $1.5 Billion Ahead of IPO

Southeast Asia’s used-car marketplace Carro is raising about $100 million as it gears up for a stock-market debut, betting that new funds will cement it as the region’s top player.Most Read from Bloom ...

Posted on 15/04/2024

Deep Dive: Hong Kong clamps down on taxi driver misbehaviour, overcharging

Demerit system, to be introduced later this year, lists 11 offences drivers could be penalised for, but some lawmakers say existing laws are enough.

Posted on 14/04/2024

How cross-border e-commerce is propelling air cargo industry

Cross-border e-commerce boom drives air cargo growth and demands fleet modernisation along with capacity expansion.

Posted on 14/04/2024

Hong Kong schools lost 4,600 pupils in last academic term, a nearly 90% drop compared with 2021-22 as emigration wave subsides

Two school council heads say pupil withdrawals have been 'dying down', with only a handful leaving in the past 1 1/2 years Post compares enrolment figures of pupils from Kindergarten One to Form Five ...

Posted on 14/04/2024

Persistence needed to ensure Hong Kong’s pilot recycling scheme is not a waste

A thorough trial of the waste-charging scheme is paramount given the sharp division of opinion between supporters and critics.

Posted on 13/04/2024

Generative AI takes centre stage at twin Hong Kong tech fairs, as government-backed research centre debuts

InnoEX and the spring edition of the Hong Kong Electronics Fair bring together 3,000 exhibitors from 20 countries and regions The events feature Hong Kong's first locally developed AI foundation model ...

Posted on 13/04/2024

InnoEX promotes Hong Kong as international I&T hub

Leveraging Hong Kong’s international platform, the leading tech fairs showcase new-generation smart solutions and technological products brought by innovation and technology (I&T) experts, ...

Posted on 13/04/2024

Hong Kong’s ailing restaurants ask mainland Chinese operators for survival tips, call on veteran singers to strike a chord with diners

Restaurateurs say they have used every tactic to lure customers, from issuing coupons to hosting small-scale concerts amid drop in business Some have called on seasoned entertainers such as ex-TVB ...

Posted on 13/04/2024

Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump

Our competitors are reducing capacity in Hong Kong and elsewhere,’ says Asia-Pacific CEO Alexander von zur Muehlen. ’That gives us a unique opportunity to operate in a kind of countercyclical way, and ...

Posted on 13/04/2024

Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg

Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.

Posted on 13/04/2024

Stock market today: Wall Street sinks after a mixed start to earnings reporting season as oil jumps

On Wall Street, Wells Fargo was flat after swinging between gains and losses. It beat analysts' profit targets for the latest quarter in its first report since the Biden administration eased some of ...

Posted on 13/04/2024

Hong Kong to Approve Spot Bitcoin, Ether ETFs as Soon as Monday: Bloomberg

Hong Kong regulators could approve spot ETFs based on Bitcoin (CRYPTO: BTC) and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. Read the full story at ...

Posted on 12/04/2024

Hong Kong tycoon Jimmy Lai gave HK$1.5 million to back worldwide ad campaign to pressure city government during 2019 unrest, court told

Chan added he revealed to Simon he wanted to start a personal business and discussed the difficulties he had encountered in trying to open a Hong Kong bank account for an offshore company. “He said it ...

Posted on 12/04/2024

National Games 2025: co-host Hong Kong takes supporting role as it learns from mainland’s multisport expertise

It’s a totally different thing to organise,’ head of Hong Kong committee Yeung Tak-keung says as he reveals city will have test events and join torch relay.

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