Tag: business

The bank should also not incur additional non-bank credit exposures. The bank currently has only one overseas branch with a dealing room in Hong Kong. The business of the branch decreased by nearly 9 per cent to ₹12,871 crore as on March 31, 2018, ... ( read original story ...)

Hong Kong Exchanges and Clearing Limited (HKEX) has raised the salary of its chief executive by 3.5 per cent as it renews his contract for three more years, rewarding him for leading the 2017 overhaul in listing rules that could return the world’s fourth ... ( read original story ...)

Robotic process automation is an emerging form of digital labour powered by software robots or artificial intelligence, which mimic human actions relating to a wide variety of business transactions. Hope said that Hong Kong’s economy could potentially ... ( read original story ...)

State-owned Punjab National Bank (PNB) on Wednesday said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it "not to proactively solicit customer deposits". "...In view of the capital position of the ... ( read original story ...)

Divyesh Gandhi, director in Anuragen, one of the Hong Kong-based dummy companies ... so that he could pay off previous ones and use the remaining money for his business activity. He convinced bank officials by showing bogus papers of import-export business ... ( read original story ...)

The bank's latest annual report said its Hong Kong branch had earned operating profit of Rs. 905 million and net profit of Rs 448.6 million in the financial year 2017-18. In the last fiscal, the bank's international business stood at Rs 128.71 billion and ... ( read original story ...)

sustainable practices and certification standards would give consumers confidence in their products and effectively communicate standards of industry leaders to business partners. However, Hong Kong’s sustainability efforts were seen lagging behind in ... ( read original story ...)

Hong Kong’s prisons are once again a hive of cigarette-fueled gambling activity as the hours count down to the start of the 2018 FIFA World Cup. As police forces across the Asia-Pacific region brace for this month’s expected onslaught of illegal ... ( read original story ...)

When Stephen Liu Sai-wang set up online consumer finance firm VCredit a dozen years ago, he wondered whether his “follow the rules” Hong Kong approach to business would allow him to prosper in mainland China’s breakneck, anything-goes environment for ... ( read original story ...)

and we put them within a space that's geographically suitable for their business," Batcha told 'Spotlight'. We’ll be back again soon with another edition from Hong Kong, looking at how people there work hard but also play hard! ( read original story ...)

Hong Kong — Three protesters from Hong Kong’s radical youth opposition were jailed on Monday for taking part in violent unrest, receiving the harshest sentences handed down to democracy activists since the city returned to Chinese rule in 1997. ( read original story ...)

The Hong Kong exchange-traded fund industry needs more assets under management and product variety to fully benefit from the launch of the ETF Connect programme, Brian Roberts, head of exchange-traded products at bourse operator Hong Kong Exchanges and ... ( read original story ...)

Hong Kong homebuyers rushed to buy small flats that kicked off sales over the weekend, underscoring insatiable demand in the world’s priciest property market even as signs of overheating are almost ubiquitous. At Henderson Land Development’s Cetus ... ( read original story ...)

one of the world’s leading travel and culinary destinations HONG KONG--(BUSINESS WIRE)--Impossible Foods is offering its award-winning, plant-based meat at three of Hong Kong’s top-ranking hotels: Hotel ICON, Grand Hyatt Hong Kong, and InterContinental ... ( read original story ...)