HONG KONG, Dec. 5, 2016 /CNW/ -- InterContinental Grand Stanford Hong Kong has won the attention of the world elites at the World Travel Awards (WTA) Grand Final Gala Ceremony 2016 held in Maldives, garnering the biggest recognition as World's Leading ... ( read original story ...)
Hong Kong in danger of losing its renowned entrepreneurial spirit
The Post recently featured a story about three young Hong Kong entrepreneurs who decided to cross the border to set up business in the Qianhai free-trade zone in Shenzhen. One of them was rejected by the entrepreneur programmes at Cyberport and Hong Kong ... ( read original story ...)
Vast distances and ‘terrible internet’ a part of doing business in ‘One Belt, One Road’ countries
Speaking during a panel discussion at the South China Morning Post’s China Conference in Hong Kong on Friday, Chan shared his pioneering experience by saying the priority task before doing business with countries along the trade route was to be well ... ( read original story ...)
Britain values its business ties with Hong Kong thanks to the freedoms enshrined in the Basic Law
Many commentators call the 21st Century the Asian Century. In the 1700s Asia’s share of global GDP was nearly 60%. Today it is just under 30% and rising. And most forecasters predict that this will grow to over 50% by 2050. Asia was, is and will remain ... ( read original story ...)
Surging wealth gap haunts Hong Kong
More than a million people live in poverty in Hong Kong, a city best known for its big banks and glitzy shops. As Tara Joseph reports, high costs and low wages are denting the spirit of Asia's world City, where experts say the wealth gap is the highest in ... ( read original story ...)
Hong Kong malls bet on local demand to ride out sales slump
HONG KONG Hong Kong mall operators and retailers, plagued by a prolonged slump in sales, are now digging deep in to the local market to revive their business that has slowed due to a plunge in the number of visitors from mainland China. Chinese-controlled ... ( read original story ...)
Hong Kong, China markets gain as oil and gas stocks soar on Opec deal
Oil and gas stocks surged over 3 per cent after a deal by major oil producing countries to cut production, pushing Hong Kong and mainland markets higher on Thursday morning. Hong Kong kicked off December trading with the Hang Seng Index closing the midday ... ( read original story ...)
Nearly 400 Global Business Leaders Join Hong Kong Forum
The 17th Hong Kong Forum, co-organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), opened today at the Hong Kong Convention and Exhibition Centre. Nearly 400 business leaders ... ( read original story ...)
Hong Kong’s mutual fund sales down 18pc in first nine months amid volatile market
Mutual fund sales in Hong Kong fell 18 per cent in the first nine months this year, led by a decline in the sale of equity funds that were down 66 per cent during the period as investors were cautious amid volatile markets, according to the Hong Kong ... ( read original story ...)
Sa Sa International sees fall in profits amid drop in tourism
Hong-Kong based Sa Sa International announced a 37.3% decrease in profits in its interim results, highlighting decreasing tourism numbers as a key factor. In the period ending September 30th 2016, Sa Sa International’s turnover reached HK$3.63 bn (€442 ... ( read original story ...)
Having climbed up Hong Kong’s food chain, this business is ready to do some good
Hong Kong-based food export company Etak International has a charitable streak – but they don’t like to shout about it. The business, which has its premises on Hennessy Road, Wan Chai, has been contributing to the South China Morning Post’s annual ... ( read original story ...)
SURVEY: Hong Kong and Shanghai business leaders are positive about Trump presidency
The business communities of two of Asia’s top financial centres are “mainly positive about the Donald Trump presidency”, reveals a new survey by one of the world’s largest independent financial advisory organizations. The survey, carried out by ... ( read original story ...)
Fonterra to launch 'Candy Cheese' in Hong Kong
Fonterra is diversifying its product range in new markets abroad, including low-salt cheese in Korea and 'Candy Cheese' in Hong Kong. Fonterra's chief operating officer for global consumer and foodservice, Jacqueline Chow, said the introduction of dairy ... ( read original story ...)
Barclays offloads Singapore and Hong Kong investment management business
http://www.belfasttelegraph.co.uk/business/news/barclays-offloads-singapore-and-hong-kong-investment-management-business-35250960.html http://www.belfasttelegraph.co.uk/business/news/article35250959.ece/fd213/AUTOCROP/h342/PANews%20BT_P-6e531b3f-204c-40ba ... ( read original story ...)