Tag: business

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 ...)

Activists claim government-business collusion if land held by developers in the New Territories is released. They want to develop the Fanling golf course and the brownfield sites. But even then, there will still not be sufficient land for Hong Kong to ... ( read original story ...)

Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)

Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange Square complex, as well as several other prime buildings in the city’s Central business district. “Mainland Chinese demand doesn’t really care too much about ... ( read original story ...)