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  • July 29, 2014
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  1. Facebook opens HK office as part of Asian push

    Posted Feb 09th 2011, 12:00am by Lana Lam

    ... Lana Lam Facebook quietly launched its Hong Kong office yesterday, with a senior executive refusing to comment on the company's plans for the mainland. Facebook opened an office ... for us. Hong Kong is a tremendous market for us,' Chandlee said. 'We're growing all over the world and the Asian region is a big, big part of that.' Facebook has more than 500 ...

  2. Apple likely to open more mainland stores

    Posted Oct 20th 2010, 12:00am by Staff Reporter

    ... said during a conference call with analysts yesterday. 'We opened 24 stores during the September quarter, 16 of which were outside the United States, including the spectacular stores in Beijing, Shanghai, London and Paris. 'Our new Beijing and Shanghai stores opened on the last day of the quarter, and first-day sales from both stores exceeded all previous store ...

  3. India's Canara Bank opens Shanghai branch

    Posted Aug 07th 2008, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Canara Bank, a state-owned Indian lender, opened its Shanghai branch yesterday as it vies for a share of the booming China-India trade. The bank is the fourth Indian lender to open for business on the mainland amid the soaring growth of imports and exports. 'Whoever comes to us that we find viable, we will finance them,' said chairman A.C. Mahajan. ...

  4. Banks opening up more branches to stay in touch

    Posted May 04th 2010, 12:00am by Enoch Yiu

    ... Citibank has this year added 13 branches, bringing its total to 39. It expects to expand that to 50 by December. Since January, the bank has also extended opening hours from 5pm to 7pm. Hang Seng ... the trend in the US and Europe, where many banks have cut their networks as customers shift to using telephone and internet banking. Citibank, which has operations in about 100 countries, has ...

  5. Shanghai likely to beat other cities to the opening of first Jackie Chan museum

    Posted Mar 01st 2009, 12:00am by Vivienne Chow

    ... (1368-1644) and Qing dynasty (1644-1911) and are thought be worth more than US$67 million. 'If we cannot get things worked out in Hong Kong, the first Jackie Chan museum will probably open ... Vivienne Chow Shanghai will probably be the first city to open a Jackie Chan museum incorporating one of his collection of historic wooden houses if Hong Kong cannot offer the star ...

  6. Business - Companies - RETAILING

    Yata vows cheaper food after openings

    Posted Jun 07th 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Economies of scale will add to benefits of falling yen at Japanese-themed retail chain as it opens three new outlets in Hong Kong in three months Yata vows cheaper food after openings Food prices at the Japan-themed department store chain Yata will fall further when three new outlets open in the next three months, it said. Although the chain, ...

  7. Marriott to open 18 hotels on mainland by 2012

    Posted Jun 11th 2008, 12:00am by Tom Miller

    ... Tom Miller in Beijing Marriott International plans to open 18 new hotels on the mainland by 2012, making China the United States hotelier's third-largest market worldwide by property ... president and managing director of Marriott's international business, said yesterday. In addition to nine hotels already being built, nine properties will open in Nanjing, Shanghai, Tianjin, ...

  8. Carrefour aims to open 25 mainland hypermarkets a year

    Posted Jul 29th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Carrefour, Europe's largest retailer, said it would open 20 to 25 hypermarkets on the mainland annually over the next few years to increase market penetration. The hypermarket operator, which has 112 outlets on the mainland covering Shanghai to Urumqi, said it was upbeat on the mainland economy, particularly domestic consumption. 'We opened more than 20 ...

  9. ING opens insurance front with Guangzhou branch

    Posted Feb 21st 2004, 12:00am by Enoch Yiu

    ... companies have mainly concentrated on the Shanghai market but are now switching their attention to Guangzhou to set up their second mainland joint-venture operations. ING will compete with US-based American International Assurance (AIA) and other foreign insurers in Guangzhou when its 50 per cent owned joint venture, Pacific Antai Life Insurance, opens a branch there today. AIA has had ...

  10. Retail giant Metro to open more stores in mainland

    Posted Nov 04th 2003, 12:00am by Mark O'Neill

    ... per cent. 'Since we opened in Shanghai in 1996, the city has enjoyed double-digit growth and the mayor told us that it would be 11 per cent this year. When I look back, it was the right ... operations in two to three years. The German-based company opened its first outlet in Shanghai in 1996, a 60-40 joint venture with Shanghai state retail and tourism company Jinjiang Group. By the end ...




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