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BELOW THE CORRECT TEXT FOR THE SWIFT MT 799 PRE-ADVICE FOR A SBLC / PAYMENT GUARANTEE FROM ISSUER’S BANK TO RECEIVER’S BANK: Date: Sender’s Details: Bank Name : Bank Address : Bank Account Name : Bank Swift Code : Bank Account No. : Bank Officer : Currency : Amount : Place of Issue : Beneficiary : Transaction Code : Receiver’s...
Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions More expats may leave with their families when the school year ends mid-2022. Hong Kong is increasingly becoming a less desirable place to work for expatriates and even for local talent, hampered by stringent...
Lockdowns threaten Chinese banks' loan quality: analyst Exposure to the ‘vulnerable’ engineering & construction sector could deteriorate asset quality. Measures curbing the spread of COVID-19 cases raise the asset-quality pressures faced by Chinese banks, Fitch Ratings warned. Pandemic control measures in several regions, including Shanghai, have curtailed economic...
Sehr geehrte Damen und Herren, ich bin auf der Suche nach einer Business-Finanzierung und bitte um Ihre Kontaktaufnahme Mit freundlichen Grüßen Darlehensangebot von asiatischem Risikokapital Darlehenshöhe: ab € 1,000.000,-- bis € 500.000.000,-- Darlehenszins: 3 % p.A. Laufzeit: ...
Sunseap inks $2b deal to build largest floating solar farm in Indonesia It will also act as an energy storage system. Singapore’s Sunseap Group and Indonesia’s Badan Pengusahaan Batam have signed a Memorandum of Understanding to build a floating photovoltaic system and energy storage system costing an...
Asian Oil and Gas Awards opens doors for nomination Deadline for entries to the inaugural awards programme is on 24 September. Despite being one of the major industries in the energy market, oil and gas companies were not exempted from the effect of shutdowns and restrictions brought...
Hutchison Telecom profit drops nearly 80% to $31m in H1 This is much lower than the $146m recorded in the same period in 2020. The Hutchison Telecommunications Hong Kong Holdings Limited recorded a profit drop of 79% to $31m in the first half (H1) of the year,...
HK hits back at US 'unfounded' national security law claims The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy. The Hong Kong government hit the US anew over its “unfounded” claims against the National Security Law (NSL). Financial Secretary Paul Chan...
This followed a net loss of $92.5m in 2020. China Properties Investment Holdings Limited recorded a profit of $36.17m in the year ended March 2021, rebounding from the $92.59m loss in 2020. The company attributed this to the revenue increases in its property investment business ($9.77m) and...
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