China 

Shanghai offers cash incentives of up to US$8.5 million to lure financial institutions to Lingang free-trade zone area

Shanghai is offering cash subsidies of up to US$8.46 million to financial institutions that set up branches in the new part of its expanded free-trade zone, as the city strives to create a buzzing free-market hub to rival Hong Kong.The municipality announced on Friday that banks, insurers, brokerages, fund managers, trust firms and financial leasing companies would receive up to 60 million yuan (US$8.46 million) worth of subsidies to buy office properties in Lingang.Financial firms renting… Source link

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Home 

Homebuyers snap up more than 90 per cent of Cullinan West III project after Sun Hung Kai offers steep discount

Homebuyers took advantage of steep discounts and snapped up more than 90 per cent of the 352 flats Sun Hung Kai Properties, Hong Kong’s biggest developer, had on sale at its The Cullinan West III project on Thursday. Developers have been rushing to offload flats before the introduction of a vacancy tax, now expected as soon as January.The developer priced the latest batch of flats at the project at an average of HK$23,172 per square foot, up to 25 per cent below the prevailing market rate in… Source link

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Home 

Vivo offers new smartphone with 5G, 4G versions as China demand for advanced service still in early days

Vivo introduced a new premium handset on Monday that targets China’s nascent 5G smartphone market, less than a week after rivals Apple and Oppo launched their latest 4G-only devices.The Nex 3 from Vivo, however, is designed to appeal to more consumers in the world’s largest smartphone market because it is available in 5G and 4G versions, according to the Dongguan-based company.“We’re trying to provide more choices for consumers,” said Ding Guanli, a Vivo product manager, at a media briefing… Source link

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Singapore 

McDonald’s offers 40 days of 1-for-1 deals & other deals this week , Lifestyle, Singapore News

We scour the island for the best deals to help you stretch your dollar, and keep you in the loop on the hottest shopping trends. ‘Cos good things must share. 40 DAYS OF MCDONALD’S 1-FOR-1 DEALS McDees has launched its ’40 Days of Thank You’ promotion to reward customers for their support. Those with the McDonald’s app will be able to enjoy 1-for-1 daily deals from Sept 9 till Oct 18. The promotion kicked off with a 1-for-1 McSpicy a la carte deal (till Sept 11) via the app. Deals can only…

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Vietnam 

Conference in Hà Nội offers opportunities to network – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The two-day event represents a space for networking and exchange on the ways and means for economic cooperation and development between Việt Nam and Middle East and African countries. — Photo baoquocte.vn HÀ NỘI – An international conference titled ‘Meet Ambassadors from the Middle East and Africa 2019’ will open today in Hà Nội. Being held for the first time by the Vietnamese Ministry of Foreign Affairs, the two-day event represents a space for networking and exchange on the ways and means for economic cooperation and development between Việt…

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Global 

China offers to make US farm purchases as officials prepare for trade talks

China made a peace proposal in a phone call this week with top US trade officials with an offer to buy a modest amount of US agricultural goods, according to two people briefed on the call.That offer, however, could be contingent on the United States easing export restrictions on Chinese tech giant Huawei and delaying an October 1 tariff escalation on roughly US$250 billion in goods, the people said.Depending on how negotiations proceed, US President Donald Trump is also considering delaying… Source link

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Home 

Still looking for the ‘one’? Technology now offers you an AI dating coach or even DNA matchmaking

Like many beautiful, single girls her age, 24-year-old Sunny Xu has received lots of advice from friends and family about dating.A native of Wenzhou, Zhejiang province, she has met a few boys online. Although their profiles appeared impressive – good-looking, similar age and stable salary – they did not quite measure up in the flesh.“Some of them don’t know how to find a proper topic to start the conversation,” said Xu. “One time, someone asked why my online replies were slow – which was rude… Source link

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Home 

Why powerful China must pick its battles: boom-time Japan offers a cautionary tale

Yes, I really am old enough to remember Japan’s economic boom of the 1980s, when the country boasted by far the second-largest economy in the world. When you couldn’t walk down the Ginza for people. When an apple cost US$40 at a street stall. When it was incredibly tough and fearfully expensive to do business, because of the non-tariff barriers and unwelcoming attitude. As a result, businesses worked remotely, doing as little as possible within Japan. Legal drafting was done in Hong Kong. Tiny… Source link

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Property 

Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic

The landlord of Prada’s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent next year when the Italian fashion house shuts its flagship outlet on Hong Kong Island, succumbing to dwindling shoppers’ foot traffic.The Milanese company will close its 15,000-square foot (1,393 square metre) store at Plaza 2000 along Russell Street, for which Prada pays HK$9 million (US$1.15 million) in monthly rent, when its seven-year lease expires in June 2020, according to its landlord… Source link

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Vietnam 

Vietjet offers cheap tickets on domestic routes – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A Vietjet flight attendant serving passengers on board. — VNS Photo HCM CITY — Vietjet is giving away millions of cheap airfares from only VNĐ2,000 (US$0.086) to celebrate the spring travel season 2020. “The promotional tickets to fly from the north and central region to the south are up for grabs during the whole golden week until next Thursday at www.vietjetair.com and Vietjet Air mobile app,” the budget airline said in a statement.  The tickets are for all domestic routes from September 5, 2019 to March 28, 2020, the carrier said, adding passengers can travel during upcoming Lunar…

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