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Hong Kong Launches Initiatives for Financial Hub Status

Hong Kong Launches Initiatives for Financial Hub Status

Mei Ling Tan September 25, 2019

Hong Kong officials announced various plans to further promote the city’s status as a global financial center and corridor for Greater Bay Area opportunities. According to Hong Kong’s financial secretary Paul…

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DBS Targets More Than $200 Billion AUM by 2023

DBS Targets More Than $200 Billion AUM by 2023

Mei Ling Tan September 25, 2019

The bank’s hopes to grow its wealth business, which currently makes up 20 percent of the group’s total income, by tapping on opportunities in the region. DBS hopes to increase…

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Breaking Down The Biggest Asian Companies

Breaking Down The Biggest Asian Companies

Mei Ling Tan September 25, 2019

Are you aware of the fact that Asia is home to some of the biggest companies in the world? Over the years, Asia has managed to build and attract many…

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AI for India’s BFSI & NBFC Sectors Move Beyond Experimentation

AI for India’s BFSI & NBFC Sectors Move Beyond Experimentation

Mei Ling Tan September 24, 2019

As the global race for Artificial Intelligence (AI) leadership intensifies, India has begun to catch up with countries like United Arab Emirates, South Korea, the United States, Germany, Singapore and…

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Hong Kong Customs seizes counterfeit sport shoes

Hong Kong Customs seizes counterfeit sport shoes

Mei Ling Tan September 24, 2019

Hong Kong Customs seized about 12 000 pairs of suspected counterfeit sports shoes on Monday, with an estimated market value of about $1 million. The fake goods were discovered in…

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Alibaba’s Ma steps down as chairman after reflection

Alibaba’s Ma steps down as chairman after reflection

Mei Ling Tan September 24, 2019

Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, has stepped down as chairman of the world’s biggest e-commerce company as its fast-changing industry faces uncertainty amid…

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CapitaLand opens new Raffles City mall in Chongqing

CapitaLand opens new Raffles City mall in Chongqing

Mei Ling Tan September 24, 2019

Capitaland has opened a Raffles City mall in Chongqing, China. The first component in the 1.12 million sqm megastructure to be opened to the public was the development’s 235,000sqm shopping…

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Business conditions deteriorate again in Australia

Business conditions deteriorate again in Australia

Mei Ling Tan September 24, 2019

A closely watched measure of Australian business confidence declined in August as conditions remained sub-par, suggesting momentum in the corporate sector is weakening. National Australia Bank’s index of business conditions…

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Fenty Beauty Hong Kong launches at Harvey Nichols

Fenty Beauty Hong Kong launches at Harvey Nichols

Mei Ling Tan September 24, 2019

Singer Rihanna’s Fenty Beauty brand has launched at Harvey Nichols in Hong Kong as its first department store partner in Asia. Following the success of its exclusive launch at Harvey…

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McDonald’s to buy AI voice-technology company Apprente

McDonald’s to buy AI voice-technology company Apprente

Mei Ling Tan September 24, 2019

Fast-food restaurant giant McDonald’s is underscoring its increasing focus on technology by acquiring AI voice-technology company Apprente. The company says the investment will expand its presence in the Bay Area…

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Thailand’s MK Group buys into seafood restaurant chain

Thailand’s MK Group buys into seafood restaurant chain

Mei Ling Tan September 24, 2019

Thailand’s MK Restaurant Group will purchase a 65 per cent shareholding in the Lam Charoen Seafood chain. The 40-year-old restaurant brand, which has 26 branches across Thailand, will sell for…

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MavCom fines AirAsia, AirAsia X RM200,000 each

MavCom fines AirAsia, AirAsia X RM200,000 each

Mei Ling Tan September 24, 2019

RM200,000 each for charging credit card, debit card and online banking processing fees separate from their base fares. MavCom said in a statement on Tuesday the fees charged by the…

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Apple unveils cheaper iPhones to combat market decline

Apple unveils cheaper iPhones to combat market decline

Mei Ling Tan September 24, 2019

Apple this week unveiled a cheaper generation of smartphones after several consecutive quarters of declining iPhone sales. So far this fiscal year, iPhone sales have fallen 15 per cent in…

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Alibaba founder Jack Ma prepares to step aside

Alibaba founder Jack Ma prepares to step aside

Mei Ling Tan September 24, 2019

Alibaba Group celebrated its 20th anniversary on Tuesday in Hangzhou, highlighting its journey from 18 founders of a tiny e-commerce startup in a small apartment into the US$447 billion enterprise it…

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Generation Z behind demand for male makeup

Generation Z behind demand for male makeup

Mei Ling Tan September 24, 2019

The cosmetics industry is paying close attention to a surge in interest in male makeup – being driven by generation Z. South Korean manufacturer and retailer AmorePacific has just launched…

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