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  • September 17, 2014
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  1. FIF Group builds better future through financing services

    Posted Aug 18th 2014, 04:43pm by Reports by Krystin Chu and Khay Inn Poh

    ... Reports by Krystin Chu and Khay Inn Poh Leading financial services provider Federal International Finance (FIF) Group celebrated its 25th anniversary last May on the back ... cars in the country and an expanding middle class have propelled the company towards car financing, a service that augments its reputation as one of Indonesia's largest motorcycle ...

    http://www.scmp.com/article/1576080/fif-group-builds-better-future-through-financing-services
  2. Business - Banking & Finance

    Optimism rises in British financial services industry as business volumes, profits grow

    Posted Jan 20th 2014, 03:49pm by Reuters

    ... Reuters in London Britain’s financial services industry is beginning to feel the benefits of economic recovery, as firms report growth in profits, business volumes and optimism ... CBI/PwC financial services survey showed on Monday. The positive balance of 68 per cent was the highest since the survey began in 1989. The survey is based on the balance of firms reporting ...

    http://www.scmp.com/business/banking-finance/article/1409679/optimism-rises-british-financial-services-industry-business
  3. Business - China Business - EARNINGS

    Drilling division’s 32.6pc jump in profit boosts China Oilfield Services

    Posted Aug 27th 2014, 10:15am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Shares of China Oilfield Services (COSL), the nation’s dominant offshore oil and gas drilling services provider, rose 8.5 per cent on Wednesday after it posted ... expected to be relatively stable in the second half of the year, given it had signed almost all of this year’s contracts. Chief financial officer Li Feilong said deep-water operation accounted ...

    http://www.scmp.com/business/china-business/article/1581056/drilling-divisions-326pc-jump-profit-boosts-china-oilfield
  4. Comment - Insight & Opinion

    A loaf of bread’s well-serviced journey

    Posted Aug 20th 2014, 12:10pm by PATRICK LOW

    ... bundle of producer services including telecommunications, transport, distribution, financial and business services. The technology-driven shrinkage of distance and time across the globe has also ... Patrick Low Inputs at 30 stages make up the services chain that lands it on the shelves, highlighting the role of a sector that turns the economic wheels Grainy view of services clearer ...

    http://www.scmp.com/comment/insight-opinion/article/1577631/loaf-breads-well-serviced-journey
  5. Business - China Business - TELECOMMUNICATIONS

    Unicom sets up financial services operation

    Posted Dec 07th 2013, 03:59am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com China Unicom sets up financial services operation China Unicom, operator of the mainland's second-largest wireless network, has established a financial ... Unicom said the new venture, which will have a registered capital of three billion yuan (HK$3.79 billion), was set up to provide financial services to the company and its subsidiaries. China ...

    http://www.scmp.com/business/china-business/article/1374862/unicom-sets-financial-services-operation
  6. Business - Companies - TENCENT

    No longer just for chatting, WeChat will soon become a financial service platform

    Posted Dec 02nd 2013, 07:50pm by Jeremy Blum

    ... messaging app, but the Tencent-owned service will soon expand its reach beyond the realm of smartphone communication to become a financial service platform. A savings investment system ... such as Paypal. Chinese internet mainstays Biadu and Alibaba also have financial service platforms, respectively named Baifa and Yuebao, but neither command the 300 million active users that WeChat ...

    http://www.scmp.com/business/companies/article/1371208/no-longer-just-chatting-wechat-will-soon-become-financial-service
  7. News - China - China Economy

    China leads region in financial well-being- but wealth divide remains: survey

    Posted Sep 16th 2014, 05:54pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Rural Chinese are almost twice as likely to be suffering financially than their urban counterparts, according to the first ever Gallup-Healthways Global Well-Being Index released this week, offering a glimpse into China’s wealth gap. The index measures five elements of well-being – purpose, social, financial, community, and physical ...

    http://www.scmp.com/news/china/article/1593854/china-leads-region-financial-well-being-wealth-divide-remains-survey
  8. Sport - Other Sport - INSIDE INCHEON WITH ALVIN SALLAY

    Inside Incheon: Hosting the Games is a financial strain for most cities in Asia

    Posted Sep 15th 2014, 10:45pm by Alvin Sallay

    ... Alvin Sallay alvin.sallay@scmp.com Only a handful of countries in the region can afford to build facilities Hosting the Games is a financial strain on Asian cities It is not easy to put on a party these days, not if it involves almost 10,000 athletes, as many media and half that number of officials. This is what the Asian Games has bloated to. So it is not surprising that Incheon ...

    http://www.scmp.com/sport/other-sport/article/1593350/inside-incheon-hosting-games-financial-strain-most-cities-asia
  9. News - Hong Kong - SPORT

    Hong Kong financial planners barred from World Cup semi-final over ‘fake’ tickets

    Posted Jul 10th 2014, 11:13pm by Amy Nip

    ... which it refused to identify, to explain HK staff barred over 'fake' World Cup tickets Four financial planners on an incentive trip to the soccer World Cup in Brazil were refused entry to the Netherlands-Argentina match after being told that their tickets were fakes. The four were awarded the trip by employer Convoy Financial Services after achieving a business target of HK$60 million. But they were ...

    http://www.scmp.com/news/hong-kong/article/1551485/hong-kong-financial-planners-barred-world-cup-semi-final-over-fake
  10. Business - China Business - INTERNET

    Chinese head for online banking services as Weibo users shrink

    Posted Jul 23rd 2014, 01:33am by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Online banking surge clouded by risks on mainland The number of online financial services users on the mainland jumped 56.4 per cent to 292 million ... and payments services have boomed in the last year, with Alibaba's Yu E Bao savings product drawing attention from financial regulators after the online fund snagged HK$642 billion in deposits ...

    http://www.scmp.com/business/china-business/article/1557339/chinese-head-online-banking-services-weibo-users-shrink

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