Katie Warren, provided by Published 9:00 am CDT, Saturday, March 16, 2019 CapitaLand Vietnam Vietnam is the next luxury real-estate hotspot, Bloomberg reported. An explosion of new luxe developments, fueled by a strong economy and legislation that made it easier for foreigners to buy property, is attracting wealthy international buyers. These swanky condos, popping up in Ho Chi Minh City on "Saigon's Wall Street," cost a fraction of what they would in markets like New York City or Hong Kong. Forget New York City or Hong Kong. The newest hotspot for luxury real estate is Vietnam. The Southeast Asian country has been seeing a surge in luxury real estate development, Bloomberg reported, thanks to a booming economy and laws making it easier for foreign buyers to buy property in Vietnam. Vietnam is "where southern China was 10 or 15 years ago," Goodwin Gaw, chairman of Hong Kong-based private-equity firm Gaw Capital Partners, told Bloomberg. Prices have been going up over … [Read more...] about The luxury real-estate market in Vietnam is heating up — and it’s luring foreign buyers in with ‘sky mansions’ at a fraction of what their cost would be in NYC or Hong Kong
Hong kong library
Australia has recently seen an increase in fintech-related activity, as the government forms fintech agreements with other countries around the world and launches initiatives designed to boost the industry. At the same time, banks are increasingly releasing innovative new products, and funding for fintech startups continues to gather pace. At present, the country remains a relatively nascent hub for fintech, but with its current rate of development, it has the potential to establish itself as Asia-Pacific’s (APAC) leading fintech hub, a role that Singapore has played so far. The Australian fintech scene is currently driven mostly by its 512 domestic firms, with just 67 foreign startups in the country. However, it seems likely that, with time and continued government support, this will change and more foreign fintechs will decide to establish their APAC headquarters in Australia. That will be aided by the country’s proximity to China, the use of English as its official … [Read more...] about Australia still has the potential to lead the charge on fintech, but Hong Kong is hot on our heels
Sections SEARCH Skip to content Skip to site index Fashion Subscribe Log In Log In Today’s Paper Fashion | Libraries, Gardens, Museums. Oh, and a Clothing Store. Supported by Shopping areas in Asia are about the experience, not just the retail sale. ByVanessa Friedman Nov. 19, 2018 Shhh. Do you hear that? It’s the sound of wind whistling through the abandoned malls of America as the Cassandras of contemporary retail cry their doom through corridors lined by fronds of lonely greenery: the end of a way of shopping, and all that. But train your ears toward another direction. In Asia, an entirely different story is being sung: one full of glimmer and potential; one that is not limited to luxury products but treats all customers as if they were buying luxury; one in which consumers are drawn like magnets to the physical reality of a — what to call it? Not a bazaar, really, or an arcade, or a plaza. An … [Read more...] about Libraries, Gardens, Museums. Oh, and a Clothing Store.
With a marginalised position in society and low income, the force of more than 300,000 maids, mainly women from Indonesia and the Philippines, can find it hard to access public facilities like libraries and leisure centres. Some NGOs say as well as difficulties meeting the cost, helpers also face discrimination, especially if they are in groups, and can have difficulties providing information for membership such as proof of address if their employers do not supply it. But Marilyn Maliglig has found an alternative way to spend her day off, confronting her water phobia at a free swimming class for domestic helpers in Hong Kong. "I cannot float, that's the problem," the 41-year-old told AFP before her first class. "I really can't swim in the water at all." Although the city depends on domestic helpers to keep it running, some maids are barred from using swimming pools for their own leisure at the residential complexes where they work. They are only entitled to one day off a week which … [Read more...] about Hong Kong domestic helpers jump in deep end
HONG KONG- Hong Kong announced Tuesday that overseas same-sex partners would qualify for the right to live and work in the city after a landmark court victory by a British lesbian earlier this year. It is a step forward for LGBTQ rights in Hong Kong, which has been criticized by campaigners for lagging behind on equality issues. Under the revised immigration policy which will come into force Wednesday, anyone who has entered into a same-sex civil partnership, same-sex civil union or same-sex marriage abroad could be eligible to apply for a dependent visa. But it added that a valid marriage under Hong Kong law would still require a couple to be heterosexual, saying there should not be "any expectation" that the government would fully legalize same-sex partnerships, which are currently unrecognized. Opposite-sex couples who had entered into civil unions and civil partnerships abroad would also qualify for dependent visas under the new rules, the government said in a … [Read more...] about Hong Kong eases visa rules for same-sex couples