‘Hong Kong has three strengths that are indispensable for fostering climate financing: technical, legal and financial knowledge,’ says Riccardo Puliti, IFC regional vice-president. Source link ...
“HSBC has been actively participating in Qianhai’s financial pilot schemes since the beginning, and we were one of the first banks to participate in yuan cross-border lending and the Wealth Management Connect scheme,” Chan told the Post. The scheme, tailor-made for the bay area, allows...
The Australian cities of Sydney and Brisbane rounded off the top three cities in Asia-Pacific, with year-on-year rents for industrial space gaining 16.7 per cent and 15.3 per cent, respectively, in 2023, according to the study, which tracked 17 cities in the region.Buildings in Makati...
Have you ever considered just packing a bag and catching a flight without knowing the destination?Scandinavian Airlines, a Sweden-based carrier, recently announced the opportunity for members of its EuroBonus loyalty program to book a flight experience they call "Destination Unknown."In a press release, the airline...
FWD Group Holdings, a Hong Kong-based insurance business controlled by billionaire Richard Li Tzar-kai, said Li would maintain his control of the company amid speculation it was considering a potential stake sale worth over US$10 billion after a delayed initial public offering (IPO).FWD’s parent company...
Mette Frederiksen, Denmark's prime minister, speaks on day two of the Munich Security Conference in Munich, Germany, on Saturday, Feb. 17, 2024. Bloomberg | Getty ImagesMUNICH, Germany — The West is suffering a "colossal failure of imagination" in thinking Russia's war in Ukraine will not hit...
Over the Christmas break, the unthinkable happened in my little Sai Kung village: a fire broke out in a neighbour’s kitchen and, by the time fire engines arrived in force, the home was gutted. Two months later, reconstruction continues, and it may be another month...
Hong Kong building contractor Yau Lee Holdings is seeing greater demand for environmentally friendly construction techniques that improve the sustainability of the built environment to help the city reach its carbon neutrality goal.One such technique is modular integrated construction (MIC), which is becoming a mainstream...
Ajlan & Bros Holding Group, a private conglomerate headquartered in Riyadh, Saudi Arabia, is targeting “mega deals” reaching over US$1 billion in value with companies in China’s petrochemicals, new energy, and technology sectors in 2024.The company aims to make strategic investments by acquiring equity...
Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data seen bringing much-needed relief to one of the world’s worst-performing major markets.With trading in mainland China shut February 9 through 16,...