Singapore – Page 21 – Charm

Oversea-Chinese Banking (SGX:O39) Expands with New Singapore Subsidiaries to Enhance Investment Portfolio

Cs news8 months ago08 mins

Oversea-Chinese Banking (SGX:O39) is making significant strides with the recent incorporation of subsidiaries like Market Street Properties Private Limited in Singapore, aimed at holding investment properties. This move aligns with OCBC’s strategic focus on expanding its investment portfolio and geographical presence in Southeast Asia. In the discussion that follows, we will explore OCBC’s financial performance,…

Chinese navy training ship Po Lang will dock in Hong Kong on Monday next week

Cs news8 months ago01 mins

Chinese navy training ship Po Lang will dock in Hong Kong from Monday to Wednesday next week. The People’s Liberation Army Hong Kong garrison said on Saturday the vessel would make a “technical stop” in the city. The garrison revealed the news with a 51-second video titled “Heading home, next stop Hong Kong”. Po Lang,…

Hong Kong eyes closer economic ties with Southeast Asia during Apec summit

Cs news8 months ago02 mins

Hong Kong is seeking to strengthen ties with Southeast Asian countries, with the city leader meeting leaders from Singapore, Malaysia and Vietnam during the Asia-Pacific Economic Cooperation (Apec) summit in Peru. Chief Executive John Lee Ka-chiu on Friday morning local time in Lima also met representatives of countries including Chile, Japan, South Korea and Indonesia…

Bitcoin (BTC) Briefly Tops $93,000 on Trump Agenda, Fed Policy Outlook

Cs news8 months ago8 months ago01 mins

Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve added to the impetus from President-elect Donald Trump’s pro-crypto stance. The digital asset rose nearly 6% in the US to a record $93,462 but failed to hold the climb, falling back to $89,974 as of 10:28 a.m….

US health expert backs Hong Kong plan to adopt the American model for third medical school

Cs news8 months ago02 mins

A top US health expert has thrown his weight behind the approach taken by Hong Kong authorities to adopt the American model in developing a third medical school, citing successful examples in Singapore. Professor Victor Dzau, president of the US National Academy of Medicine, shared his view on Wednesday before he was conferred an honorary…

Man accused of spiking woman’s drink at Hong Kong bar fired by 2 Singapore-based firms

Cs news8 months ago02 mins

A man accused of spiking a woman’s drink at a Hong Kong bar has been sacked by two fintech companies with headquarters in Singapore. The woman shared details of the alleged incident on her social media account, saying she was warned by a waitress that her drink had been tampered with and had felt “extremely…

Jollibee parent fully acquires Hong Kong’s Michelin-starred Tim Ho Wan dim sum chain

Cs news8 months ago02 mins

Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…

Jollibee parent fully acquires Hong Kong’s Michelin-starred Tim Ho Wan dim sum chain

Cs news8 months ago8 months ago02 mins

Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…

Opinion | Are mainland China and Hong Kong really the weakest links in Asian real estate?

Cs news8 months ago03 mins

Things are looking up for commercial property investment markets in Asia. Following a sharp slowdown caused by an aggressive global monetary tightening campaign, transaction volumes have recovered significantly this year, rising 28 per cent in annualised terms in the first three quarters of 2024 among countries analysed by property services firm JLL. Last quarter, JLL…

Cathay Pacific: sustainable aviation fuel needs Hong Kong government push

Cs news8 months ago02 mins

More government pressure is needed for Hong Kong’s aviation sector to meet its climate goals, even as uptake of sustainable aviation fuel (SAF) has risen from a low base thanks to corporate support, according to Cathay Pacific. “Regulators have a key role to play for a level playing field, so that every [player] is doing…