Hong Kong, like many other places is gravitating towards innovation, technology and entrepreneurship as a keystone of economic policy for future growth. If new business growth doesn’t outpace the rate of old industries declining, economies and societies ... ( read original story ...)
Gov’t strips tech startup of gov’t IT award amid controversy over eligibility
The product is very similar to littleBits, a toy invented by a US startup in 2008. But the company has argued it has received effective patents in mainland China, Hong Kong and Taiwan, and was not involved in any copyright lawsuits. The company also ... ( read original story ...)
Hong Kong woos Indian investors with business-friendly benefits
Kolkata, Mar 1 (IBNS): Hong Kong is wooing Indian investors and businessmen citing its low and simple tax regime, subsidized office space, loan guarantee schemes and easy connectivity to all of Asia's major business cities. At an interactive seminar in ... ( read original story ...)
Dah Chong Hong Announces 2016 Annual Results
HONG KONG--(BUSINESS WIRE)--Dah Chong Hong Holdings Limited (‘DCH’ or the ‘Group’; stock code: 01828) announced today its annual results for the year ended 31 December 2016. For the year ended 31 December 2016, Turnover of the Group increased 3.7% ... ( read original story ...)
Hong Kong stock to open higher as China PMI beats expectation
The Hong Kong stock market is poised to open slightly higher on Wednesday after China posted better than expected PMI data for February. While investors are also still waiting for US president Donald Trump’s speech to Congress in the US. The Hang Seng ... ( read original story ...)
Cathay Pacific to launch its first direct flight between Hong Kong and Christchurch, New Zealand
Hong Kong’s flagship airline Cathay Pacific will launch one of its longest non-stop services in December, a thrice-weekly service to Christchurch in the South Island of New Zealand. The service, commencing during the southern hemisphere’s summer ... ( read original story ...)
Hong Kong targets maritime silk road business
A seminar in London heard that China’s One Belt One Road initiative will generate opportunities for maritime business in Hong Kong and London Hong Kong is hoping to gain new maritime business generated from China’s One Belt One Road initiative. ( read original story ...)
Is business travel in Singapore getting more expensive?
Following Tokyo, the next most expensive business travel destinations are Hong Kong and Seoul. The cheapest location, meanwhile, is Johor Bahru in Malaysia. The cost of a typical meal and incidental expenditure are actually more expensive in Singapore than ... ( read original story ...)
Hong Kong keen to invest in UAE startups
Hong Kong is very keen to invest in the growing UAE startup industry and is open to facilitate cross border investments in key economic sectors, said Abdul Aziz Nasser, deputy director, Middle East, HKTDC on Tuesday. "Hong Kong Trade Development Council ... ( read original story ...)
Hong Kong delegation scouts out investment
A business delegation from Hong Kong that arrived on Sunday wrapped up its whistle-stop tour yesterday after meeting Cambodian government officials and local business associations to discuss avenues for greater investment across a broad range of sectors ... ( read original story ...)
Hong Kong activists gatecrash meeting of leadership hopeful Lam
Pro-democracy protesters Monday gatecrashed a press conference by Hong Kong leadership hopeful Carrie Lam ... entered the venue minutes before the start and demanded to be allowed to communicate their messages to Lam. Protesters chanted slogans and ... ( read original story ...)
Hong Kong stocks fall as rally loses steam
SHANGHAI: Hong Kong stocks fell for the third straight session on Monday, as the market's strong months-long rally showed signs of fatigue. Sentiment was also hurt by bearishness in mainland China markets, where blue chips had their worst day in two months ... ( read original story ...)
Hong Kong utility CLP’s profit beats forecasts, expects return regime agreement before July
CLP Holdings, which controls the larger of Hong Kong’s two electricity suppliers, said it will seek out opportunities to expand in mainland China and India, as it posted a smaller than expected decline in net profit for last year. The company recorded a ... ( read original story ...)
Number of Hong Kong people emigrating to Taiwan hits 16-year high
TAIPEI: Martin Wan was born and bred in Hong Kong, but now calls Taiwan home. The 25-year-old emigrated there last year to realise his dream of starting his own business. He is now an owner of an eyewear store in Taoyuan City in northern Taiwan ... ( read original story ...)