Tag: business

a developer of biologically-based anti-cancer drugs known as PD-1 inhibitors, has closed a new $150 million funding round as it head towards an initial public offering (IPO) that could be one of the first under new listing rules being rolled out in Hong Kong. ( read original story ...)

Five major Hong Kong business groups have joined forces to demand greater subsidies in any plan that would stop them from dipping into pensions, the latest blow to efforts to end the so-called offsetting mechanism in the city’s government-mandated ... ( read original story ...)

Roshan Melwani is the third-generation proprietor of Sam's Tailor, a family-owned small business started by his grandfather Naraindas "Sam" Melwani in 1957. Sam's Tailor has become world famous for the stylish bespoke suits and clothing it has made for ... ( read original story ...)

Hong Kong’s philanthropic assets can grow by about half if the city relaxes its tax deduction cap, which at 35 per cent is lower than the US and Singapore. And if the tax incentives were put in place, Hong Kong’s assets could account for a higher ... ( read original story ...)

Amid the startup boom, governments around the world are thinking of ways to boost innovation and technology in their respective territories. In Hong Kong, the government has allocated HK$50 billion for the purpose. The Hong Kong Economic Journal recently ... ( read original story ...)

Thousands of passengers could be left scrambling to make alternate travel plans after a new start-up airline backed by Hong Kong investors announced on Wednesday it had cancelled flights until June 3. Low-cost long-haul carrier Air Belgium said its first ... ( read original story ...)

Hong Kong is a special administrative region of China because we are different – we are like a minority people within China. One hundred and fifty-five years of British administration instilled a particular culture – not a British culture or a ... ( read original story ...)

Hong Kong start-ups are being given the chance to use a free, prime city centre location in which to meet and pitch their ideas to, hopefully, deep-pocketed investors. As part of a new collaboration between development giant Wheelock Properties and Hong ... ( read original story ...)

Hong Kong regained the top spot from Tokyo in the regional rankings for Asia’s most expensive city for business travelers with the daily cost of accommodation, transport, meals, and incidentals averaging US$506. Singapore and Seoul cost an average of US$ ... ( read original story ...)

That gives Hong Kong an uncomfortable edge in its race to the bottom. Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories ... ( read original story ...)

Instead, Forth entered Hong Kong as a visitor and had to make cross-border trips to avoid overstaying his short-term visa. He also couldn’t get a job or join a business, according to Immigration Department rules for visitors. “There’s an emotional ... ( read original story ...)

Tong was posted to Hong Kong in 2016. He had served as the principal deputy assistant secretary for the Bureau of Economic and Business Affairs at the US State Department, and also the US ambassador for Asia-Pacific Economic Co-operation (Apec). ( read original story ...)

After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Anson Zeall ... ( read original story ...)

A team of five recent MBA graduates from the University of Hong Kong (HKU) have just launched Farmacy HK, a smart city, urban farming concept based on cutting-edge hydroponic technology. The first concept city farm opened in Hong Kong’s Causeway Bay in ... ( read original story ...)