Wednesday 16 April 2014
 
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Hong Kong

Infiniti sees Mideast sales up 19pc

Hong Kong-based motor company Infiniti has registered a 19 per cent growth in its sales across the Middle East region in 2013 which rose to 5,892 units from 4,942 the previous year. Significant increases were also seen across the

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Hong Kong passes key Islamic bond bill

Hong Kong legislators passed a bill that will allow the AAA-rated government to raise around $500 million via sukuk, or Islamic bonds. A debut sukuk from Hong Kong would help boost its Islamic finance credentials and position itse

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Asian skyscraper prices tower over rest of the world

The Asian towers dominated Knight Frank’s Skyscraper Index of the most expensive high rise office space in the world.    The Skyscraper Index was based on the commercial value on an analysis of the cap

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Hong Kong firm hires Shariyah Review Bureau

Treedom Hong Kong, a leader in socially responsible and sustainable investments, has assigned Shariyah Review Bureau (SRB), a global shari’a advisory firm to review, certify and oversee the shari’a compliance of its Impact Saving Pla

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Hong Kong firm buys $1.9bn Pearl Dubai property

UAE-based Pearl Dubai has sold $1.9 billion prime property assets within its 20 million sq ft Dubai Pearl development project to the Hong Kong-based Chow Tai Fook Endowment Industry Investment Development (Group). The purchase inc

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Cathay Pacific boosts Bahrain services

Cathay Pacific Airways has announced plans to launch daily flights from Bahrain to its hub in Hong Kong starting from March 30. The airline said it is increasing its Bahrain service by three flights a week..   T

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Hong Kong confirms first death from bird flu

An 80-year-old man infected with the H7N9 bird flu virus has died in Hong Kong, the government said on Thursday, in the first such death in the city after the virus surfaced in early December. The man, the second person in Hong Ko

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NBAD names key official for Hong Kong

The National Bank of Abu Dhabi (NBAD) has appointed Bernard Shum as the head of Corporate & Institutional Banking in Hong Kong to lead the expansion of the bank’s business and partnership in Asia. “NBAD- Hong Kong

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HK, Malaysia eye closer Islamic finance ties

Bankers in Hong Kong and Malaysia are strengthening ties to boost Islamic business by focusing on the issuance of Islamic bonds and mutual funds to target investors in both markets. A private-sector forum hosted by regulators this

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PCCW Global wins Ethernet service award

PCCW Global, an international operating division of HKT, a Hong Kong-based telecom operator, won the Best Wholesale Ethernet Service recently. It was honoured for its wholesale offering and global coverage at the Metro Ethernet Fo

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