The brand announced on their social media platforms that they would be exiting the Hong Kong and Macau market entirely due to a "business strategy readjustment". No exact details on dates of closure ... ( read original story ...)
Alibaba-backed Best to list delivery business in Hong Kong – sources
Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three ... ( read original story ...)
Hong Kong’s independent press faces dark chapter in China’s shadow
On Monday when Zoe*, a local news reporter at Apple Daily returned to her office in Hong Kong it was swarming with police officers. Her boss, the strident pro-democracy activist, media mogul and ... ( read original story ...)
Cyprus SEC Blacklists 7 Digital Trading Sites
Cypriot SEC banned a list of sites used for Forex, CFD, and crypto trading. These apparent scam sites claim too-good-to-be-true returns. ( read original story ...)
Bahrain’s ARIG slips into loss of $3.62m for first-half 2020
Dubai: Bahrain based Arab Insurance Group (ARIG) slipped into the red, with losses of $3.62 million for the first six months of 2020 against a profit of $9.53 million last year. The region’s insurance ... ( read original story ...)
UAE banks headed for more job losses in second half of 2020
Shrinking interest margins and non-interest incomes force banks to cut costs further Dubai: UAE banks, especially those with large retail operations are headed for more redundancies as businesses is ... ( read original story ...)
Gyapu Marketplace- An e-commerce marketplace of Nepal stepping towards the South Asian Market
Gyapu Marketplace is the fastest growing e-commerce start-up from Nepal, founded by a Nepali Entrepreneur Gyanendra Khadka, who envisions making Gyapu a truly global brand that represents Nepal in a ... ( read original story ...)
As Everest prepares to reopen for autumn climbing season, is Nepal putting cash before caution?
Not for the first time, the tourism-dependent Himalayan nation appears to put profit ahead of personal safety. ( read original story ...)
From Taiwan to Myanmar, the business interests of Apple Daily’s Jimmy Lai
The arrest of Hong Kong media mogul Jimmy Lai Chee-ying and the police raid on the newsroom of his tabloid-style Apple Daily have turned the spotlight onto the tycoon’s business empire.Lai – one of t ... ( read original story ...)
Thailand’s New Economic Team Takes Charge as Growth Sputters
Former banker Predee Daochai was inaugurated as Thailand’s new finance minister in Prime Minister Prayuth Chan-Ocha’s revamped Cabinet that’s tasked to lead the country out of its worst-ever economic ... ( read original story ...)