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  • April 19, 2014
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  1. Business - Comment - LAI SEE

    Fishy business on the rise in Hong Kong

    Posted Apr 04th 2014, 12:29am by Howard Winn

    ... chose to issue one card linked to UnionPay, which resulted in numerous complaints from customers who were unable to withdraw cash from locations mainly, though not exclusively, outside Asia ... shelter during typhoons was 90 per cent, Kwun Tong 45 per cent, To Kwa Wan 54 per cent, and the occupancy for the huge 76.6 hectare Hei Ling Chau shelter was 6 per cent.   UnionPay again The name ...

  2. Business - Comment - LAI SEE

    Hang Seng Bank's solution to the UnionPay problem

    Posted Jan 16th 2014, 11:34pm by Howard Winn

    ... Howard Winn Readers may recall that last year we had occasion to write extensively about HSBC's ATM card and the UnionPay fiasco. Today we are revisiting the story but it is Hang Seng ... networks. HSBC initially produced a new chip card which would only link to UnionPay, resulting in howls of anguish from customers who found they were unable to access their accounts when they tried ...

  3. Business - Comment - LAI SEE

    Deborah Annells remanded in custody after fresh charges

    Posted Apr 16th 2014, 12:32am by Howard Winn

    ... the case.   Citi leads deal-makers There is no little jubilation within Citi at the state of the M&A Advisory rankings for Asia Pacific ex-Japan. Deals for the region are at a record high ... The surge in M&A deals is perhaps a little surprising. It was only a few days ago that Bank of America Merrill Lynch said in its 2014 CFO Outlook Asia report that firms in the region were ...

  4. Business - Comment - LAI SEE

    Too much focus on fishing boats as pleasure craft are neglected

    Posted Apr 15th 2014, 12:19am by Howard Winn

    ... and supply of vessels continues to languish.   CFOs lose sleep over volatility What keeps CFO's in Asia awake at night these days? Financial markets volatility, according to the Bank of America Merrill Lynch 2014 CFO Outlook Asia report. The report, which surveyed 639 chief financial officers and other financial executives in the region, showed that 36 per cent of CFOs, compared to 22 ...

  5. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... is that management wants to keep a tight grip on costs.   Taipan Day Now that you've all had time to recover from the Sevens, another opportunity beckons for a day of rugby. This takes the form of Taipan Day, which is hosted by the Hong Kong Football Club. The event is free and features a full day of rugby, including mini, colts, ladies and varsity games, culminating in the Taipan versus ...

  6. Business - Comment - LAI SEE

    Ivanhoe Pictures bets on Crazy Rich Asians

    Posted Apr 05th 2014, 01:04am by Howard Winn

    ... the distributors. It was becoming harder for him to get a slot with the kind of films he wanted to make. Since 2011, Penotti's been coming to Asia to learn about the industry and to develop contacts. ... skills to Asia and create something here because the market is still growing. He wants to make movies that have broad global appeal, rather than a primarily US appeal. He thinks it was partly ...

  7. Business - Comment - LAI SEE

    Can Hong Kong be the world's biggest mining finance market?

    Posted Mar 28th 2014, 01:35am by Howard Winn

    ... but he qualified it the other night during a talk at the Asia Mining Club when he said: "I didn't say when it would happen." He added: "Hong Kong is a very important market ...

  8. Business - Comment - LAI SEE

    Mines & money, sex, babies and commodities

    Posted Mar 26th 2014, 06:34am by Howard Winn

    ... and so on, all of which leads to greater demand for commodities.   A story for the intelligent To the Asia Mining Club for an evening of wit and wisdom of Robert Friedland, executive chairman ... Mines & Money Hong Kong continues to grow. Now in its seventh year, it is the largest mining event in Asia and the world's third-largest. Not bad when you consider the relatively few ...

  9. Business - Comment - LAI SEE

    HSBC finally gives customers new ATM card after UnionPay debacle

    Posted Oct 08th 2013, 12:00am by Howard Winn

    ... in foreign lands, found they were unable to use their ATM cards to withdraw funds from their accounts. Although the China UnionPay card works in China and in most other parts of Asia, it is virtually ... Howard Winn The wait is over for HSBC's long-suffering customers who have been unable to withdraw cash in many countries, particularly outside Asia. We understand the bank will today ...

  10. Business - Comment - LAI SEE

    Yucky title

    Posted Mar 22nd 2014, 01:25am by Howard Winn

    ... appointments and it has recently announced three more hirings. They are Greg Austin, Andrew Cullin and Winnie Sze, and will extend the group's research distribution capabilities in Asia and North ...




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