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  • July 26, 2014
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  1. Business - Companies

    Peninsula hotel chain sees drop in room rates for first quarter

    Posted May 13th 2014, 01:13am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Firm is upbeat and says lower room rates not because of fewer mainland visitors Peninsula hotel chain sees fall in occupancy Hong Kong and Shanghai Hotels, the operator of the Peninsula hotel chain, saw a drop in its Hong Kong average room rate and occupancy in the first quarter but said it was an effect of renovations last year and not because of fewer ...

  2. Business - Companies

    Peninsula owner Michael Kadoorie grooming his children as possible successors

    Posted Dec 30th 2013, 02:14am by Denise Tsang

    ... family that settled in Hong Kong in the 1880s, oversees a group that controls assets as varied as the luxury hotel brand Peninsula hotels, local electricity supplier CLP Holdings, and the Peak ... occupied, atop St George’s Building in Central, until the day before he died in 1993. Kadoorie’s daughter, Natalie, 28, returned to Hong Kong this year and joined the Peninsula. Her brother, Philip, ...

  3. Business - Companies - SATURDAY FACE

    Dedicated follower of fashion

    Posted Jun 28th 2014, 01:09am by NICK EDWARDS

    ... it brought the first Bally boutique to Hong Kong and opened a store inside the iconic Peninsula. The likes of Max Mara, Marella, Kookai and Jean Paul Gaultier have been part of the Fairton stable ...

  4. Business - Companies - TECHNOLOGY

    Russia's MegaFon signs US$600m equipment order with Huawei

    Posted Jun 10th 2014, 01:02am by BLOOM

    ... Russian companies have boosted ties with China after the United States and the European Union imposed sanctions on the country to punish it for annexing the Crimean peninsula from Ukraine. ...

  5. Business - Economy

    Geopolitical instability poses challenge to Silk Road plan

    Posted Jun 02nd 2014, 03:07am by Victoria Ruan

    ... a tough project to follow because it's through politically very difficult regions." The Black Sea peninsula of Crimea has remained in turmoil after Russia seized it in March following ...

  6. Business - Money - INVESTMENT

    China-Russia investment deal opens doors for more Russian IPOs in city

    Posted May 21st 2014, 01:11am by Toh Han Shih

    ... natural gas (LNG) project on northwest Siberia's Yamal Peninsula. They said they would work to close the project financing by the fourth quarter of this year, with CDB coordinating financing ...

  7. Business - Banking & Finance

    US banks' Russian exposure falls during first quarter amid crisis

    Posted May 05th 2014, 05:38am by AGENCIES

    ... Agencies US banks' Russian exposure declines in first quarter Big US banks reported lower exposure to Russia in the first quarter, as Western nations imposed sanctions on some of the country's citizens and businesses in response to its seizure of Ukraine's Crimean peninsula. During the first quarter, Bank of America cut its net exposure to Russia by 22 per cent to US$5.2 ...

  8. Business - Companies - GAMING

    Big spending holiday punters deal Macau a new record in gaming revenues

    Posted Mar 04th 2014, 05:09am by Sophie Yu

    ... "Shares of the Cotai-centric operators are down, while those with peninsula-only exposure are up," Union Gaming said. Govertsen said that was because of comments made by Francis Tam Pak-yuen, ... Tam's comments were likely weighing on shares of the Cotai-centric operators as they had a bigger share of Macau's gaming tables than the peninsula-only operators and could potentially ...

  9. Business - Economy

    Malaysia talks up niche as Asean hub

    Posted Mar 31st 2014, 05:27am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com Malaysia talks up niche as Asean hub Competition for foreign direct investment is heating up in the region as Malaysia's special economic zone has entered the fray to draw in global investors. Iskandar Malaysia, a national project in South Johor, at the southern tip of the Malaysian peninsula that is twice the size of Hong Kong and three ...

  10. Business - Companies

    Michael Kadoorie looks to future with an eye on past

    Posted Dec 30th 2013, 01:35am by Denise Tsang

    ... of jade antiques with a matching thick green carpet and wood-panelled walls. Just don't ask the patriarch of the century-old family business that includes the Peninsula Hotels Group and CLP ... a century, the Kadoorie family has been part of the fabric of Hong Kong. Much of its heritage originated from the iconic Peninsula Hotel in Salisbury Road, that was labelled a "white ...




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