News

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Singapore ranks 7th most expensive city

It dropped two places from 5th in 2020.

Hong Kong may ease entry for vaccinated persons

This does not apply to vaccinated persons from extremely or very high-risk places.

ThaiBev to review BeerCo’s IPO plan at “appropriate time”

The company again deferred the listing due to uncertain market conditions.

Xinyi Glass secures $1b green loan

The loan from Hang Seng Bank will fund its green projects.

HSBC aims to be Asia’s top wealth manager in five years: report

HSBC’s Trista Sun expects 500 million middle class Chinese by 2025.

People’s Bank of China to issue RMB5b Bills

It will be issued through HKMA’s Central Moneymarkets Unit.

Singapore’s nightlife to remain dead as dining in resumes

Pubs, bars and nightclubs may only resume F&B operations.

Cathay Pacific passenger traffic rises 30% in May

The airline carried some 24,000 passengers during the month.

CapitaLand acquires two new international properties for $210m

The properties are located in France and Vietnam.

Changi Airport suffers $945m loss in 2020

This reflects a 318% decrease from its $438m profit in 2021/20.

HKMA launches new Regtech guide series for banks

This forms part of the HKMA’s Regtech roadmap.

Hong Kong ranks 7th most competitive economy in 2021

This is two places down from its 2020 ranking

Alibaba ranks first in Top 100 APAC Retail Ranking 2021: study

The Asia Pacific region recorded a double digit-growth in e-commerce in 2020.

AIA Singapore extends COVID-19 benefits

Its IP coverage for vaccine complications now include those approved by WHO under EUL.

SG remains among top 10 most expensive locations in Asia

The Lion City ranks 13th most expensive location for expatriates in the world.

Why R&D labs in Hong Kong are scarce

The demand for medical office buildings in Hong Kong is high, but hard to get.