Even though China has its own romantic holiday in August, 14 February is becoming a big deal in China thanks in part to KFC, Haagen-Dazs, Godiva and other Western multinationals. Chinese supermarkets …
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KPMG sees rise in cross-border M&A activity for Chinese firms
Multinationals are increasingly looking further afield for acquisition opportunities to markets in Asia, in particular China, according to the latest KPMG International Global M&A Predictor.
Accor…
Young Global Leader James Law to present closing keynote address at Green Buildings Asia 2011
World Economic Forum Young Global Leader 2010 honoree James Law from James Law Cybertecture International will present the closing keynote address at the 2nd Annual Green Buildings Asia 2011.…
HK fashion lovers are lagging behind world in adopting blog format
Delivering trends and news faster than magazines and newspapers, fashion blogs have been influencing what their followers wear and how they think about style for the past decade, but it’s only i…
Luxury shoppers return to LVMH
LVMH Moët Hennessy Louis Vuitton posted a sharp jump in 2010 profit and sales, a clear sign that global demand for high-fashion, expensive watches and other luxury goods is strong again, includin…
Wealthy in HK, S Korea most likely to buy flashy car
Now that the wealth-management industry has discovered that Asia has a lot of rich people, a raft of studies have come out probing their customs, habits and preference for flashy cars.
A new report fr…
CEOs in Asia-Pacific more upbeat on growth, says survey
The confidence level among CEOs in Asia-Pacific is returning to near pre-crisis level, two years after the financial meltdown.
According to PricewaterhouseCoopers’s14th Annual Global CEO survey,…
China’s Guangdong orders another base wage rise
China’s Guangdong province will raise minimum wages by an average 18.6 percent on 1 March, and more increases are set to follow over the next five years.
It would be the second increase in 10 mo…
Apple under fire from Chinese environmental groups
Chinese environmental groups accused Apple Inc. on Thursday of ignoring their concerns about health and safety problems at factories that supply it with components.
A report by the three dozen groups,…
Guangdong pay pledge to drive out HK factories
Guangdong plans to increase wages "more rapidly" over the next five years, a move that will accelerate an exodus of labour-intensive factories to other regions in Mainland China or abroad.
T…