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  • November 29, 2014
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  1. Financial industry lifts tech spending

    Posted May 01st 2006, 12:00am by Staff Reporter

    ... Frederick Yeung Hong Kong's financial sector has increased its spending on information technology to prepare for robust business growth this year, according to data storage service ... of the orders are coming from the financial sector such as securities and banking firms. Utility firms also are increasing spending to meet the needs of new infrastructure projects.' The company ...

  2. Islands a paradise for the financial services industry

    Posted Mar 29th 2005, 12:00am by Staff Reporter

    ... to the sweeping changes in global money flows that have transformed the tiny British Overseas Territory, with a population of 43,000, into a hub for offshore financial services. The son of a master seaman, he spent his childhood barefoot and without electricity on the trio of islands 240km south of Cuba. The main industries then were turtle fishing, sharking and weaving of thatched rope. ...

  3. Mainland insurers poised to emerge as 'champion' players

    Posted Feb 19th 2009, 12:00am by Staff Reporter

    ... industry is in a position of strength to expand regionally,' said Joseph Luc Ngai, a leader of McKinsey's financial institutions practice in Asia. 'It is supported by a strong ... the overseas expansion of the country's insurers after Ping An Insurance (Group) suffered a heavy loss investing in troubled Dutch-Belgian financial group Fortis. 'Some may question whether ...

  4. Shifty insurance outfits exploit job seekers and damage HK's reputation

    Posted Jul 26th 2009, 12:00am by Staff Reporter

    ... for 'financial planners' offered by a number of firms including some insurance companies. When I have looked up discussion boards online where people have described their experiences ... This clearly can cause financial hardship. Sometimes job seekers are given their salary in advance and after they leave the firm they are chased by debt collectors. Others who have taken these jobs ...

  5. State asset firms punish provincial chiefs in crackdown

    Posted Aug 01st 2005, 12:00am by Staff Reporter

    ... it will conduct a check of controversial transfers of 705 billion yuan of problem loans from the nation's largest bank, Industrial and Commercial Bank of China (ICBC), to the asset managers to help ... to the asset managers last year. The transfers were part of financial restructuring at the Bank of China, China Construction Bank and Bank of Communications. Problems that came to light during ...

  6. Grooming for advisers with Swiss insurer

    Posted Mar 05th 2005, 12:00am by Staff Reporter

    ... Susie Gyopos A leading insurance company, one of the top 10 in Hong Kong, is on the lookout for high-quality risk and financial advisers. Zurich Insurance Group (Hong Kong), which is part of the Swiss-based insurance corporation Zurich Financial Services, offers a wide range of life and general insurance options for its 300,000 customers. A recent innovation, Financial Advisory Management ...

  7. Power-assisted gearing

    Posted Oct 07th 2005, 12:00am by Staff Reporter

    ... Techtronic Industries backed away from its goal of being debt-free by the end of next year, citing expenses associated with the acquisition of two tool manufacturers. At the end of June, the company's gearing, stood at 118.6 per cent, according to chief financial officer Frank Chan Chi-chung. 'By the end of 2006, we will have gearing at a level we are comfortable with- 30 per cent ...

  8. Right place at the right time

    Posted Dec 16th 2006, 12:00am by Staff Reporter

    ... The prerequisite for potential recruits is simply that they are prepared to build new skills, can absorb the necessary information and are keen to master the intricacies of the financial services industry ... look no further than the financial services industry If you decide banking is for you, there have never been better opportunities There are openings for graduates and more experienced ...

  9. HKUST centre opens in Beijing

    Posted May 25th 2005, 12:00am by Staff Reporter

    ... Jessie Hui The Hong Kong University of Science and Technology (HKUST) has opened an education centre in Beijing to provide executive training to the rapidly developing financial industry ... to the public. HKUST has been ranked top in the Asia Pacific by London's Financial Times in its MBA, EMBA and executive education rankings. 'The Beijing centre will be an important base ...

  10. Results diary

    Posted Sep 26th 2006, 12:00am by Staff Reporter

    ... Today Interim: Asia TeleMedia, CASH Retail Management Group, Celestial Asia Securities Holdings, China Fair Land Holdings, China Financial Industry Investment Fund, China Star Entertainment, China Strategic Holdings, China Velocity Group, Enerchina Holdings, FinTronics Holdings, INNOMAXX Biotechnology Group, Innovo Leisure Recreation Holdings, K & P International Holdings, ...




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