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 ...)
Aon announces 5 Best Employers in Hong Kong for 2017
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 ...)
Mukesh Ambani Becomes Second Richest Man in Asia, Overtakes Hong Kong’s Li Ka-Shing
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 ...)
Hutchison sells Hong Kong fixed business for HKD 14.5 billion
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 ...)
Asia’s Most Influential Seafood Event Returns to Hong Kong in September
Back for its eighth edition, Seafood Expo Asia will take place on September 5-7, 2017 at the Hong Kong Convention and Exhibition Centre. Building on last year's successful event, which attracted more than 8,800 seafood professionals from 69 countries ... ( read original story ...)
Hong Kong startup launches blockchain project designed to transform container shipping
Browse Splash 24/7 for more maritime and shipping news. [cat_name] => Tech [category_nicename] => tech [category_parent] => 54 ) ) A Hong Kong startup has launched a new blockchain initiative today that it claims could transform container shipping. ( read original story ...)
A city rat’s musings in the country: For better or worse, our fates lie in our urban centres
From quintessentially urban Hong Kong, with just under 7,000 people per square mile ... Cities have come to dominate our economies. McKinsey & Co. has estimated that 600 urban areas account for 60 per cent of the world’s gross domestic product. ( read original story ...)
China’s Housing Market: The Iron Bubble
“There are few investments products that offer the same degree of security as real estate,” says Sam Crispin, CEO of ABP Investment Management in Hong Kong. China’s banks ... sweeping economic change,” wrote McKinsey in a 2013 report, Mapping ... ( read original story ...)
We run fintech firms in Asia. Here’s how to write a CV to get job with us
We run fintech start-ups in Singapore and Hong Kong. If you want a job with us, write your CV like this. How should you rework your CV if you’re applying to an Asian start-up? We asked fintech founders in Singapore and Hong Kong for their top resume tips. ( read original story ...)
HK’s Leanest Startup, Grana, Disrupts The Fashion Industry By Focusing On Product
In just a short two and a half years the company has not only raised well over US$10 million from the likes of Alibaba’s Entrepreneurs Fund, 500 Startups and MindWorks Ventures, they are well their way to becoming Hong Kong’s hottest e-commerce fashion ... ( read original story ...)
Don’t miss opportunities Islamic fintech gives HK
Cairo launched two startup projects last year. Ernst & Young last year reported that the 40 largest Islamic banks had approved budgets ranging from $15 million to $50 million to expand digital business in the next three years. What is Hong Kong doing with ... ( read original story ...)
No One Makes Money by Betting Against Hong Kong
I asked several industrialists and economists, where does a startup in Shenzhen want to do its initial public offering? Their unanimous answer was, “Hong Kong, if they can meet the requirements.” Hong Kong’s “requirements,” the integrity of ... ( read original story ...)
ASIC signs agreement with UAE regulator to support fintech expansion opportunities
Under the agreement, both the FSRA and ASIC will look to connect startups in the fintech space together for ... The last agreement was formed last month with Hong Kong’s Securities and Futures Commission to help fintech companies in each expand more ... ( read original story ...)
Rune Evensen interviewed about Singapore start-up
The Norwegian Rune Evensen, the founder of an extraordinary startup in Singapore within the emerging Fintech ... since then it has been a year in Hong Kong and now 7+ years in Singapore. I established my consultancy company there back in 2013, and that ... ( read original story ...)