Access Bank UK Expands Footprint With New Hong Kong Branch

Access Bank UK Expands Footprint With New Hong Kong Branch

The Access Bank UK Limited has unveiled its Hong Kong branch (a restricted licence bank).  A statement explained that the expansion represents a key milestone in the bank’s global growth strategy “and underscores our commitment to serving clients in the...
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Commission Probes Terminal Operators

Commission Probes Terminal Operators

The Hong Kong Competition Commission has opened an investigation to assess whether the recently created alliance between several container terminal operators may restrict competition in Hong Kong.  Recently, COSCO-HIT Terminals (Hong Kong) Limited (CHT), ...
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Airline Ends Skirts-Only Rule For Female Staff

Airline Ends Skirts-Only Rule For Female Staff

Female cabin crew at Cathay Pacific have won a battle to scrap a rule forcing them to wear skirts. The Hong Kong airline has agreed flight attendants can choose to wear trousers, after intense union pressure. Some crew had complained...
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COSCO forecasts 50 % drop in profit

COSCO forecasts 50 % drop in profit

Hong Kong-listed COSCO Shipping Energy Transportation forecasts a drop in profit for the first six months of this year of up to 57 percent year-on-year. Specifically, the group’s net profit attributable to the equity holders is expected to range between...
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