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  1. Stores and hotels cash in on festive spending frenzy

    Posted Dec 22nd 2003, 12:00am by Kelvin Chan

    ... to buy gifts. Restaurants and hotels are also reporting brisk demand for holiday bookings and the influx of mainland tourists is not letting up either, with individual travellers and group tours ... the continuing influx of mainland visitors. About 1,200 tour groups are expected to arrive in Hong Kong over the holidays along with individual travellers. For the first 10 months of the year, about 6.5 ...

  2. Business - Economy - RETAILING

    Hong Kong most optimistic market in Asia-Pacific for luxury spending

    Posted Nov 15th 2012, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com HK leads Asia for optimism over luxury spending Hong Kong is the most optimistic market in the Asia-Pacific region in terms of its luxury spending outlook; but the mainlanders still top the charts in terms of spending power and future growth potential. A MasterCard Worldwide survey reveals that some three-quarters of respondents in Hong Kong ...

  3. Business - Economy - WEALTH

    Asia-Pacific the region with the most rich people

    Posted Sep 20th 2012, 12:00am by Lulu Chen

    ... Lulu Chen lulu.chen@scmp.com Asia-Pacific region with the most rich Asia-Pacific the region with most rich people The Asia-Pacific overtook North America to become the region ... a person's primary residence, collectibles and goods that can be consumed. The Asia-Pacific surpassed Europe in 2010. The latest findings are contained in the seventh annual Asia-Pacific Wealth ...

  4. Business - Companies - TAKEOVERS

    Thai Beverage chief backs Heineken's Asia Pacific Breweries bid

    Posted Sep 20th 2012, 12:00am by BLOOM

    ... Bloomberg in London Thai billionaire supports Dutch brewer's buyout offer for Singapore-based company Kingpin backs Heineken's APB bid Heineken cleared the biggest hurdle in its fight to take control of Asia Pacific Breweries as billionaire stakeholder Charoen Sirivadhanabhakdi's Thai Beverage pledged its support. Thai Bev and Charoen's TCC Assets will back ...

  5. Business - Banking & Finance

    Confident HSBC expands prime services team in Asia-Pacific

    Posted Sep 05th 2012, 12:00am by Bloomberg

    ... Bloomberg Three more directors hired as bank pushes hedge fund servicesin Asia-Pacific region Confident HSBC expands key team HSBC Holdings, Europe's largest bank, hired three directors for its Asia-Pacific prime services team in the past two months, undeterred by a shrinking market hit by the European debt crisis and global economic slowdown. The new hires brought ...

  6. G-Resources seeking to buy mines in Asia-Pacific

    Posted Jul 30th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com G-Resources, a gold miner in Indonesia that is led by Western managers and listed in Hong Kong, is eyeing opportunities to buy mines in Asia and Australia with proven resources. The firm aims to produce one million ounces of gol ...

  7. Asia-Pacific focus vital to success

    Posted Mar 05th 2012, 12:00am

    ... region, which has been our home for over 90 years and is our sole area of operation. Our focus on Asia-Pacific markets in which we have a leading position and depth of experience, combined ... joint venture shareholding in India. The business that is now AIA was first established in Shanghai more than 90 years ago. It is a market leader in the Asia-Pacific (ex-Japan) based on life ...

  8. RBS sells Asia-Pacific businesses to CIMB

    Posted Apr 03rd 2012, 12:00am

    ... George Chen george.chen@scmp.com Royal Bank of Scotland has signed the final deal to sell most of its equity capital market business in the Asia-Pacific region to Malaysia's CIMB. RBS ... assets did not come as a surprise to the finance industry, which was more interested in the price tag. Some analysts saw RBS' sale of its Asia-Pacific equity capital market business ...

  9. Asia-Pacific region is crucial to global economic recovery

    Posted Nov 28th 2011, 12:00am

    ... Mukul Munish Global wealth creation is becoming tougher in the present economic climate, but Asia-Pacific continues to rise in the wealth creation ladder. A report by Swiss investment bank Credit Suisse finds that Asia-Pacific has emerged as the key contributor of global wealth growth, accounting for 36 per cent of all global wealth creation since 2000, and 54 per cent since ...

  10. Asia Pacific office rents show strongest growth

    Posted Aug 24th 2011, 12:00am

    ... in the Asia Pacific. The Global Office Rent Index, compiled using data from 123 cities around the world, posted a year-on-year increase of 7.4 per cent during the second quarter, the fifth straight quarterly rise, CB Richard Ellis reported. The Asia Pacific saw a 13.4 per cent year-on-year increase in rents in the second quarter, the most since their previous peak in the fourth quarter ...




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