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  • October 22, 2014
  • Last updated: 10:11pm
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  1. Green groups oppose Deripaska firm's listing

    Posted Mar 14th 2011, 12:00am by Eric Ng, Toh Han Shih

    ... Group has a terrible environmental and social track record, which includes Rusal, a company that survives due to cheap electricity produced by ESE.' EN+, a Russian conglomerate controlled ... China because of the difficulty in predicting the environmental impact. 'Some environmental groups will always oppose any hydropower project no matter what. The most important thing ...

  2. Fosun, US group link up to form US$600m fund

    Posted Jan 14th 2011, 12:00am by Celine Sun

    ... Celine Sun in Beijing Fosun Group, the mainland's largest non-state-owned investment conglomerate, has teamed up with Prudential Financial, the second-largest life insurer ... and foreign enterprises with businesses in China. The deal is a significant move for both parties. To the US group, the fund is the single largest investment fund supplied to a third-party management ...

  3. Rights groups to urge UN chief to act on IIs

    Posted Oct 26th 2010, 12:00am by Alan Morison

    ... Alan Morison in Phuket Thai human rights groups cited a South China Morning Post investigation into the illicit trade in illegal migrant workers from Myanmar in calling on the United ... the groups yesterday said: 'The South China Morning Post revealed migrants are being sold to traffickers during deportations in waters between Southern Thailand and Kawthuang [Myanmar] ...

  4. Ace Group to buy New York Life operations

    Posted Oct 28th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu US-based insurer ACE Group announced it will spend US$425 million (HK$3.29 billion) in cash to buy the Hong Kong and South Korean operations of New York Life. ACE chairman ... and on our [other] markets in Asia and Latin America where we have strong market positions.' Established 25 years ago, ACE Group is in the insurance and reinsurance business in 50 countries. ...

  5. Hotel groups eye mainland

    Posted Oct 20th 2010, 12:00am by Peggy Sito

    ... Investment and one of a group of financiers who established Red Planet earlier this year. 'We will look seriously at the market in the first quarter of next year. And our first hotel is expected to be operating in the next 18 months.' As an investment holding company, Red Planet builds the hotels and Tune Hotels will operate them. Tune Hotels is part of Tune Group, the private investment ...

  6. Group that promotes cross-strait ties to open office in HK- five years after Macau chapter

    Posted Jul 31st 2009, 12:00am by Gary Cheung

    ... Gary Cheung Beijing plans to let Hong Kong play a more active role in united front work towards Taiwan through the establishment of a Hong Kong chapter of a group that aims to promote ... the council is a united front group that seeks to promote cross-strait ties and reunification. It has set up chapters around the world- 130 branches in more than 80 countries. 'Both Hong Kong ...

  7. No-layoffs policy pays off for food group

    Posted Mar 14th 2009, 12:00am by Rosheen Rodwell

    ... This is particularly welcome in the restaurant industry, which has been hit hard by the economic downturn. The King Parrot Group, a family-run company that owns 35 restaurants across the city, has noticed significantly fewer group bookings in recent months and is finding that customers are spending 20 per cent less than they did before the financial crisis. The group predicts that will be a challenging ...

  8. Green group fears plan to save wall trees will fail

    Posted Dec 19th 2008, 12:00am by Joyce Ng

    ... Joyce Ng A green group has challenged the tree preservation proposal for the Hopewell Centre II hotel project, saying transplanting the valuable wall trees was unlikely to succeed. ... of the healthy trees, but the green group is doubtful. One 25-metre Chinese banyan planted in a wall at the site, for example, may be valuable. 'I am not confident that this tree will survive ...

  9. Group in aggressive expansion

    Posted Sep 27th 2008, 12:00am by Jolene Otremba

    ... so much that they accounted for more than 50 per cent of the group's guests. Operating more than 140 hotels in Asia-Pacific with more than 80 hotels and resorts under development, ... there is a need in the property segment of the group, mainly at the executive committee staff level. Filling the manpower gap has not been easy- a problem that is not unique to Starwood. 'I am sure ...

  10. Group confident of continuous growth

    Posted Aug 04th 2008, 12:00am by Staff Reporter

    ... on an underwriting basis. The proceeds will refinance existing loans. Peace Mark added that Swiss luxury watchmaker Franck Muller Group had purchased 8.8 million shares, or a 0.7 per cent stake, in the open market. Did this year's results meet the targets? Yes, the group has made good progress. All business segments recorded growth because of strong organic growth and through acquisitions. ...




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