Tag: hong kong

Retail Asia17/03/2022
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6min0
Sa Sa is pleased to announce today its official entry onto foodpanda mall in Hong Kong, an online grocery and goods shopping mall under foodpanda. Through foodpanda mall’s round-the-clock delivery service, Sa Sa will open up for local customers a more convenient way of shopping to enhance customer experience. The move also marks Sa Sa’s advancement […]

Retail Asia23/02/2022
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3min0
Hong Kong will offer tax breaks, handouts, and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb Covid-19 infections, Finance Secretary Paul Chan said in his 2022-23 budget speech. The measures were announced as hundreds of bars, restaurants and small retailers warned they were months […]

Retail Asia10/01/2022
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2min0
Tighter government COVID-19 restrictions from Saturday already prompted UBS and other banks to re-impose workplace limits. The Hong Kong government yesterday announced a raft of new COVID-19 restrictions yesterday following a number of untraceable Omnicron variant cases, a step that is already prompting UBS and other banks to ask bankers to resume working from home. […]

Retail Asia04/01/2022
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4min0
Hong Kong’s economy lost some momentum in the second quarter but still expanded by 7.5% from a year earlier, as domestic and global activity continued to recover from last year’s pandemic-induced slump. Despite some slowdown in robust export growth, the government said the city’s economic recovery remains on track as global demand picks up and […]

Retail Asia07/12/2021
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2min0
Hong Kong-headquartered virtual lender WeLab has acquired Indonesia’s PT Bank Jasa Jakarta as part of broader expansion plans across Asia. A WeLab-led consortium Welab Sky raised $240 million which will be used to fund the transaction to acquire the Indonesian commercial bank, according to a statement, with J.P. Morgan acting as its financial advisor. Welab Sky […]

Retail Asia06/12/2021
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6min0
Facebook has opened doors to its first pop-up store in Hong Kong to educate consumers on how to personalize their Facebook experience and unlock exciting possibilities while maintaining their online privacy and safety. From December 3 to 7, Preface Coffee & Wine in Central, the F&B and lifestyle concept space, will be transformed into a […]

Retail Asia02/12/2021
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4min0
Food delivery giant Uber Eats revealed on Tuesday it would wind down its Hong Kong operations by year’s end after seeing slower-than-expected growth. “Uber Eats has unfortunately not grown as expected in Hong Kong,” the company said in response to a Post inquiry. “This decision has been made independent of the global pandemic, and is in line […]

Retail Asia29/11/2021
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2min0
Over the past couple of years, DLA Piper has welcomed several new partners to its Asia Corporate practice. Now the firm announces another hire. Global law firm DLA Piper continues to strengthen Asia capital markets offering with new partner hire in Hong Kong, the firm announced Monday. George Wu was appointed as a capital markets partner in its corporate […]

Retail Asia25/11/2021
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2min0
Canada Goose has appointed Paul Cadman as its new president for the Asia-Pacific region. In his new role, Cadman will oversee the business’ activities including commercial, financial, and marketing across Apac markets, including Greater China, Japan, South Korea, Australia, and New Zealand. “Paul is a trusted brand advisor, having consulted for us for years,” said […]

Retail Asia17/11/2021
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2min0
HSBC has reshuffled senior management at its commercial banking arm in Asia and the U.K. Amanda Murphy and Frank Fang have been named co-heads of the APAC commercial banking business, according to a statement, reporting to global commercial banking chief executive Barry O’Byrne. The current head of commercial banking for HSBC U.K., Murphy will relocate to Singapore to become head […]

Retail Asia11/11/2021
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1min0
Citi has hired two new directors from BNP Paribas and Goldman Sachs for its prime brokerage unit in Hong Kong. Drew Kuech and Oliver Law join Citi as directors of the prime services sales trading team, according to a statement, reporting to APAC head of prime services sales trading Daniel Millwood. Kuech has 13 years of prime finance and […]

Retail Asia03/11/2021
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2min0
The bank’s new online platform for corporate customers simplifies receivables collection and improves transparency and monitoring capabilities. HSBC Singapore is launching another digital solution for corporate customers – Dart, or the Digital Accounts Receivables Tool, which connects businesses to their customers by enabling the exchange of invoice and payment information, the bank said in a statement […]

Retail Asia26/10/2021
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2min0
Hong Kong kidswear resale platform, Retykle, is set to expand its presence into Singapore, marking the brand’s first foray into an international market. The Singapore launch follows Retykle’s latest round of seed funding earlier this year, which will support the retailer’s expansion plan in Singapore and Australia. Shoppers in Singapore now can sell and purchase […]

Retail Asia21/10/2021
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1min0
Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit. Tse Yi-Mun joins Deutsche Bank Wealth Management as a managing director and group head for North Asia, according to a statement. Based in Singapore, she reports to North Asia head of wealth management Kanas Chan. Tse has 23 years of […]

Retail Asia20/10/2021
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2min0
China’s two special administrative regions announced their list of eligible banks to participate in the cross-border wealth management scheme. In Hong Kong, HSBC, Standard Chartered, Citi and more were amongst those on the list of 19 approved banks, according to an announcement yesterday from the city’s central bank. Three banks – Bank of East Asia, DBS and […]

Retail Asia15/10/2021
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2min0
Hong Kong noodle chain Tamjai SamGor Mixian is to expand its international reach with its Japanese debut early next year. Marking the brand’s second overseas entry after Singapore, the Japan launch follows its IPO in Hong Kong last week, the proceeds of which will be used to fund its global expansion plan, including its launch […]


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