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  • August 30, 2014
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  1. Economic tide is turning for remote Guangdong city

    Posted Apr 25th 2004, 12:00am by Staff Reporter

    ... With its strategic location, the provincial government's backing, and last year's signing of a free-trade pact with the Association of Southeast Asian Nations, Zhanjiang is on a roll ... the administration's attitude, Liao Dong, vice-director of the Zhanjiang State Economic and Technical Development Zone, said: 'We feel we are lagging behind. We feel a sense of crisis, but we want ...

  2. HK's strategic location outweighs high shop rents, says MCM

    Posted Mar 30th 2011, 12:00am by Peggy Sito

    ... Peggy Sito German luxury goods company MCM Products, which took over home-grown retailer Episode's shop to open its flagship store in Central, said the strategic position of Hong Kong ... and strategic city for luxury brands because it is international and it is where trends start. It is uniquely positioned as a gateway to China,' said Alex Tang, head of sales and marketing for MCM. ...

  3. Business - China Business - TAKEOVERS

    Foreign expansion ambitions to boost China M&A

    Posted Jan 31st 2013, 12:00am by PHOENIX KWONG

    ... cent to US$199.5 billion. Leon Qian, PwC's China transaction service partner, said domestic M&A deals and acquisitions by foreign strategic buyers hit a five-year low due to the economic downturn. "We think activity will rebound in 2013 as the direction of the Chinese economy becomes clearer," he said. Multinational companies would boost their investment ...

  4. Business - Companies - RESULTS

    Retailer to expand circle on mainland China

    Posted Mar 28th 2013, 12:00am by PAUL SOH

    ... and will look to spend about HK$1 billion on compatible small-box retails with appeal to mass markets if they suit our strategic M&A philosophy," said Yeung. The company's net profit ...

  5. ANZ aims to triple outlets on mainland to ride economic boom

    Posted Sep 22nd 2010, 12:00am by Staff Reporter

    ... the mainland's economic boom. The pace of ANZ's expansion will hinge on approvals by the China Banking Regulatory Commission (CBRC), but Alex Thursby, the bank's chief executive ...

  6. Business - Companies - THE INTERVIEW

    Data hosting company follows the cloud

    Posted Dec 15th 2012, 12:00am by BIEN PEREZ

    ... think OpenStack creates a strategic advantage for us because it is emerging as the de facto standard globally in terms of cloud software. We already run the largest OpenStack operation ... is certain is that we will be more active in marketing and aggressive in talking about OpenStack across the region. We believe this technology will become a fundamental platform for economic ...

  7. Fred Ma's HK$3.5m job raises questions

    Posted Nov 11th 2009, 12:00am by Denise Tsang

    ... Fanny W. Y. Fung and Denise Tsang Former secretary for commerce and economic development Frederick Ma Si-hang has taken a job at a listed company, sparking renewed calls for a review ... post as non-executive director and chairman of China Strategic Holdings came as the company announced financing details for a US$2.14 billion deal through which it will become 80 per cent owner ...

  8. Old economics put the 'bust' in Blockbuster

    Posted Jan 31st 2004, 12:00am by Ken Lo

    ... Ken Lo klo@bdcco.com HISTORY CERTAINLY REPEATS itself and this time around, you have to look back only four years. When the world's largest video-rental company, Blockbuster, bought KPS, many people wondered how the company planned to turn it around. ...

  9. Business - Companies - EARNINGS

    L'Occitane on track to reach store expansion target

    Posted Nov 28th 2012, 12:00am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com L'Occitane to reach expansion target L'Occitane International, a French cosmetics maker and retailer, is on track to reach its store expansion target this year despite slower global economic growth, as it reports a better-than-expected first-half profit growth. The company posted a 16.3 per cent year-on-year rise in net profit to €33.7 million ...

  10. Business - Companies - EARNINGS

    Cafe de Coral expansion stays on track despite rising costs

    Posted Nov 27th 2012, 12:00am by Sophie Yu

    ... of the financial year. It plans to open 20 outlets in Hong Kong and 30 on the mainland for the whole year. Lo said short-term economic ups and downs would not affect long-term investment plans ...




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