Following is the transcript of a CNBC interview with Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company. The interview was broadcast on CNBC on 27 April 2017, during CNBC's "Hong Kong versus Singapore" theme week. All references must be ... ( read original story ...)
These Asian cities are becoming smarter, but at what cost?
McKinsey chose Singapore as the Asian hub for its Digital Capability Center, which trains the workforce to keep up with the disruptions of the fourth industrial revolution. Hong Kong's Yang, meanwhile, said innovations in manufacturing technology could ... ( read original story ...)
Hong Kong-based startup, Oddup aims to expand into India
Hong Kong-based startup focused research platform Oddup has secured $6 million in its Series A round of funding led by Brand Capital, the investment arm of Indian media conglomerate The Times Group. The round also saw participation from existing investors ... ( read original story ...)
BOC Aviation buys two Boeing aircraft from Turkish Airlines for undisclosed sum
HONG KONG, April 27 BOC Aviation Ltd said on Thursday it would buy two Boeing 777-300ER aircraft from Turkish Airlines for an undisclosed sum as the aircraft lessor builds its balance sheet by investing in in-demand aircraft. The aircraft, which will be ... ( read original story ...)
China, Hong Kong drive insurer AIA Group's new business in first quarter
AIA Group Ltd (1299.HK), the world's third-largest life insurer by market value, posted a 55 percent rise in its new business in the first quarter, helped by a surge in sales in China and Hong Kong. Over the past seven years, the company has expanded ... ( read original story ...)
Hong Kong police arrest 2 young legislators who previously staged protest
Hong Kong police on Wednesday arrested two pro-independence lawmakers who were disqualified in a dispute over their oaths, in the latest round of legal action against activists involved in the Chinese territory's pro-democracy movement. Sixtus Leung and ... ( read original story ...)
Guangzhou Evergrande investigated after fans unfurled 'Annihilate British Dogs' banner during Asian Champions League match in Hong Kong
Hong Kong officials have been sensitive to any prospect of trouble ... from two men while other supporters were escorted from the stadium, according to Kyodo News. A Suwon Bluewings official told Reuters on Wednesday: 'As soon as the game began, one ... ( read original story ...)
Hong Kong arrests 2 disqualified lawmakers over oath fracas
Hong Kong police on Wednesday arrested two pro-independence lawmakers who were disqualified in a dispute over their oaths, in the latest round of legal action against activists involved in the Chinese territory's pro-democracy movement. Sixtus Leung and ... ( read original story ...)
Hong Kong housewife becomes biggest phone scam loser this year after HK$10 million taken from account
A 42-year-old Hong Kong housewife has become the biggest phone deception loser this year as she was conned out of more than HK$10 million by scammers posing as mainland police officers. Her case emerged after 11 people were scammed out of HK$12.4 million ... ( read original story ...)
Big business gave significant donations to Hong Kong chief executive-elect Carrie Lam
Hong Kong’s incoming leader, Carrie Lam Cheng Yuet-ngor, received much of her HK$18.7 million in election donations from business leaders, who also mobilised their wives, children and staff to bankroll her campaign. It came as no surprise that the ... ( read original story ...)
This map tells you when buying beats renting in Hong Kong
Famous for its shoe box apartments and microflats, Hong Kong's property market isn't known for being cheap, taking the crown on multiple occasions for being the most expensive globally. For those living in or considering a move to the city, an interactive ... ( read original story ...)
Hong Kong bourse joins regulators to fight to host world’s biggest IPO
Hong Kong Exchanges and Clearing said it is working with local and mainland authorities to fight to get Saudi Arabia’s national oil giant, Aramco, to list in Hong Kong in what would be the biggest initial public offering in history. “For a giant ... ( read original story ...)
A startup that connects people to experts from all over the world just raised $4m
Hong Kong-based Lynk, an online service that connects enterprise ... They include C-level executives, scientists, engineers, independent consultants, and specialist advisors. The startup’s services are available through subscription or other payment ... ( read original story ...)
Hong Kong stocks join global rally to open higher
Hong Kong stocks opened higher on Wednesday, joining a global equity rally on Tuesday night, driven by the optimism over centrist Emmanuel Macron winning the first round of the French presidential election. The Hang Seng Index opened up 0.4 per cent ... ( read original story ...)