Higher educated and affluent Hong Kong citizens are increasingly attracted to migrating to Ireland due to a growing recognition of the similarities between Ireland and Hong Kong. Families recognise the English-speaking country’s common law system, vibrant economic prospects and quality education for children. The Irish Diaspora Loan Fund (“IDLF”), one of the approved products under the Immigrant Investor Programme (“IIP”), saw the number of investor applicants increased by 300% in the last six months. The IIP was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making…
Author: Marie Jones
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The third year of environmental, social and governance (ESG) reporting has demonstrated improvements in certain indicators, yet the result of the survey is still far from satisfactory in terms of compliance and quality. Although the overall percentage of companies providing the disclosure of information on ESG governance structure, stakeholder engagement and materiality assessment has increased, the degree of disclosed information remains weak and indistinct. The newly-released study conducted by BDO, the world’s fifth largest accountancy network, partnered with the School of Professional Education and Executive Development at The Hong Kong Polytechnic University (PolyU SPEED). Leveraging the expertise and experience of…
Concurrent shows help SMEs address opportunities and challenges Organised by the Hong Kong Trade Development Council (HKTDC), the third edition of the HKTDC SmartBiz Expo, the third Asian E-tailing Summit and fifth HKTDC Hong Kong International Franchising Show opened today and run concurrently at the Hong Kong Convention and Exhibition Centre (HKCEC). The three events have attracted more than 570 exhibitors from Hong Kong, Mainland China and overseas along with over 150 notable speakers. Focusing on creative technologies, e-business solutions and franchising opportunities, the events bring together small and medium-sized enterprises (SMEs), helping them to strengthen business prospects and build…
Smart living, new technologies and digital innovation highlighted Co-organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), the 20th Hong Kong Forum opened yesterday (3 December) at the Hong Kong Convention and Exhibition Centre (HKCEC) and drew to a successful close today. The FHKBAW is a unique network of Hong Kong business associations that aims to provide an effective platform through which the Hong Kong advantage can be promoted globally alongside multilateral business cooperation. This year’s event celebrated the 20th anniversary of the Hong Kong Forum, attracting close to 300…
BitcoinBlink, a state-of-the-art cryptocurrency platform optimized for speed, compliance and regulation, unlocks a new chapter in cryptocurrency trading with the opening of its cryptocurrency exchange. The BitcoinBlink exchange will be a game-changer for traders around the globe, as they execute orders without any worry of legal ramifications, and in the knowledge of full compliance with the possible worldwide regulatory requirements of the EU, USA, Canada, Australia, South Korea, Japan, United Kingdom, Switzerland, Gibraltar and Luxemburg. BitcoinBlink is a registered trademark launched by BBlinkio OU, registered in the historic European capital of Tallinn, Estonia (Reg 14718623) and granted permanent lisensce to…
Chen Hsong Holdings Limited (“Chen Hsong” or the “Group”; HKEX: 00057), one of the largest manufacturers of injection moulding machines in the world, has received two awards – “Grand Award” and “Certificate of Merit” – for its SPARK Series All Electric Injection Molding Machine and the Super Master Two Platen Series 6,500 Tons Clamping Force with Two Injection Unit System respectively in the Equipment and Machinery Design category of the Hong Kong Awards for Industries (“the Awards”) organised by The Chinese Manufacturers’ Association of Hong Kong. The awards acknowledge the outstanding capability and achievement of the Group in equipment and…
SINGAPORE, Dec 3, 2019 – (ACN Newswire) – The 3rd Smart Mobility congress 2020 will be held in Singapore on March 19-20, 2020 which focuses on Smart Mobility Business Model & Ecosystem, Strategic Cooperation, Shared Mobility, E-Mobility, Intelligent Transportation System, 5G & Autonomous Driving, Big Data & Cloud, Auto Finance. Smart mobility market has been changing fast that Singapore’s Grab launches pilot motorbike-hailing service in Malaysia; Ola has announced that it has begun registering licensed drivers in London as it prepares to launch operations in the city; Toyota and partners launch multi-modal MaaS operations in Fukuoka City and Kitakyushu City;…
MAMA partners with Twitter to give K-pop fans worldwide exclusive content from K-pop artistes/bands, including red carpet 360 and Livestream, #TwitterBlueRoom ‘Thank You stage’, Star Countdown video series and Worldwide Fans’ Choice voting on Twitter Twitter and Mnet Asian Music Awards (MAMA), one of the biggest music awards shows in Asia, have joined hands to engage K-pop fans worldwide on Twitter. This year, MAMA will bring the star-studded event closer to fans around the world with four global activations on Twitter: the red carpet 360 and livestream, the #TwitterBlueRoom ‘Thank You stage’, the Star Countdown video series, and Worldwide Fans’…
The 1st International Jatiluhur Jazz Festival (IJJF) 2019 took place on November 30 & December 1 at Indonesia’s largest dam, the Jatiluhur Dam, in Purwarkarta, West Java. The IJJF was produced by Jasa Tirta II, the State-Owned Enterprise (SoE) which manages the Dam and its regions. Minister of State-Owned Enterprises (MSoE) Erick Thohir stated that the Festival was a form of SoE synergy to boost the potential of economic hubs outside Jakarta. “SoEs can never stand alone like an ivory tower; SoEs are inarguably meant to be contributive to the society and the nation,” said the minister. IJJF 2019 was…
Wanda Group, which has recently collaborated with giants from other industries and had achievements in areas such as sports and health, once again made a bold move. On 27 November, Dalian Wanda Commercial Management Group Co., Ltd. successfully issued 6.95% bond with a maturity period of three years and worth US$400 million in total. Investors enthusiastically buy USD bonds, leading to oversubscription by 3.3 times It is known that investors enthusiastically purchased the bonds shortly after the transaction announcement. The subscription increased at a fast pace and exceeded US$600 million only two hours after bookkeeping began, ending up with US$1.3…
On 28 November 2018, COFCO (Hong Kong) Limited (“COFCO HK”) and China Agri-Industries Holdings Limited (“China Agri”, stock code: 0606.HK) jointly announced a proposal to privatise by way of a scheme of arrangement, upon which the listing of the Shares of China Agri on the Hong Kong Stock Exchange will be withdrawn. COFCO HK will acquire the shares of China Agri not held by itself and COFCO Group at the cancellation price of HK$4.25 per share. The cancellation price represents a premium of approximately 34.07% over the closing price of HK$3.17 per share on the last trading day and a…
Riot Games, the studio behind the worldwide phenomenon League of Legends, today announces the launch of ‘The Nexus,’ their first official event in the Middle East and North Africa (MENA) region. The event, running from 5-7 December, will be a part of the Riyadh Season, an initiative by the Saudi General Entertainment Authority (GEA) to transform Saudi Arabia into a globally recognized tourist and entertainment destination. To view an enhanced version of Figure 1, please visit: https://bit.ly/2Lc83s8 “We opened our offices in the region over a year ago. Since then, we have been working on ways to deliver local experiences to…
S&P Global Ratings last week (November 29, 2019) released a report revising its outlook on the long-term ratings on Huatai Securities Co. Ltd. (Stock Code: 6886.HK; “The Company”) and its core subsidiary, Huatai International Financial Holdings Co. Ltd. (HTIF), to positive from stable, while also affirming the Company’s ‘BBB’ long-term issuer credit ratings on both companies. S&P Global Ratings expects the Company to maintain its leading position in most of its businesses for the next 24 months as the company exhibits sound risk management as well as a strengthening capitalization. “The outlook revision reflects our view that Huatai Securities’ capital…
HomiEx, the global digital asset exchange trend leader, has partnered with Xanpool, the world’s first automated peer-to-peer local currency to cryptocurrency payment processor, to explore a fiat gateway solution in SE Asia for HomiEx users. This follows strategic partnership and investment from top tier VCs including NGC Ventures, GENESIS Capital, LD Capital, Vector Capital, Honglian Capital, Reorganization Capital, JD Ventures, Star Capital and BA Capital. HomiEx is one of the first companies partnering with Xanpool to explore a possible API integration, so that HomiEx users will be able to utilize Xanpool infrastructure to go from cash to crypto in Singapore,…
VietinBank, one of the largest commercial banks in Vietnam, Vietnam Airlines (VNA) and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced the launch of VietinBank JCB Ultimate Vietnam Airlines Credit Card in Vietnam. This is the highest line of JCB cards for individual customers in Vietnam with a special promotion and premium privileges to enhance the experience of luxury life. For the promotion, VietinBank JCB Ultimate Vietnam Airlines Credit Cardholders receive an Accor Plus Traveler card which provides discounts at more than 1,100 restaurants and 800 hotels in the Accor group; an automatic upgrade…
XD Inc (“XD” or the “Group”), a top five PRC game operator who earns a majority of game operating revenue overseas, has today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) under the stock code of 2400. Investment Highlights – XD ranked fifth among PRC game operators who earned a majority of game operating revenue overseas in 2018 – XD operates TapTap, the largest game community and platform in China by average MAUs in 2018 , creating strong synergy with its online games. “Information service” business under TapTap…
Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries collectively as the “Group”) (stock code: 1977), the largest electrical and mechanical (“E&M”) engineering service provider in Hong Kong with operations in Macau and Mainland China, has been officially included as a constituent stock of Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. MSCI is a leading provider of global equity indices worldwide. MSCI Hong Kong Micro Cap Index is one of the most widely used equity benchmarks among institutional investors to measure portfolio performances. The index covers thousands of stocks from different geographic sub-areas and cap…
The Hong Kong Institute of Directors (“HKIoD”) announced the winners of the Directors Of the Year Awards (“DYA”) 2019 during its annual dinner last night held at the Hong Kong Convention and Exhibition Centre. This year’s main theme for HKIoD is “Embracing Innovation for Sustainable Growth”, closely related to two main topics affecting the business world in recent years. The first is how to establish effective governance procedures and corporate culture to ensure the company keeps updated about the latest information, and integrated with innovation when technologies are advancing daily. The second is how to maximise the impact of their…
Mr. Dennis Lee Seng Jin, Chief Executive Officer of Samson Paper Holdings Limited (“Samson Paper”, and together with its subsidiaries, the “Group”) (stock code: 0731), has been awarded “Directors of the Year Awards 2019” (Listed Companies – Executive Directors) by The Hong Kong Institute of Directors (“HKIoD”). The award acknowledges his outstanding performance in leading the Group in business transformation and development and also recognises his engagement of new ideas in corporate governance practices and value building, as well as his effort and contribution in enhancing the efficiency of corporate governance. The Directors of the Year Awards 2019 is organized…
The E-Invoicing Exchange Summit took place in Singapore on November 5 and 6, 2019. Almost 150 international experts, thought leaders and key decision-makers from 33 nations gathered to discuss best practices, new market developments and international solutions, and formed valuable, long-lasting business partnerships. With the ASEAN region now approaching the implementation at full speed, topics at the E-Invoicing Exchange Summit highlighted Singapore’s first experiences in becoming a PEPPOL authority, and their strategy to onboard businesses to E-Invoicing. In the Singapore keynote IMDA’s Director-General for International Affairs made clear what important part E-Invoicing plays in Singapore’s strategy for a…