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What HK$1 mln yearly spending money is like for a retiree

In the 1970s, when his high school classmates were pursuing university degrees, Fok Wing-yiu was trying to decide what to do with his future. He decided to join KPMG, later working his way to earn a p ...More

EJ Insight2015-07-04

Hong Kong tops world in first-half IPO takings

...  percent, KPMG said on Thursday. Hong Kong’s stock market is likely to sustain its strong run for the rest of the year, with a number of Chinese financial services providers, pharmaceutical and enviro ...More

EJ Insight2015-07-02

Why Macau is imposing casino smoking ban despite industry woes

... s year by KPMG that was commissioned by the six largest casinos found that, if the total ban is implemented, the number of VIPs going to Macao will fall 17 percent and the length of their stay will fa ...More

EJ Insight2015-07-02

Expanded smoking ban threatens Macau casinos

... kings.  A KPMG survey commissioned by the top six casino operators predicts the number of VIP visitors to fall 17 percent and their average stay to decline by 24 percent. Translation by Vey Wong [Chin ...More

EJ Insight2015-07-02

KPMG sees rising opportunities in non-audit services

... d, citing KPMG China co-chairmen Benny Liu and Honson To. The situation is exacerbated by murky details about value-added tax, leaving many companies in the dark. Meanwhile, cultural differences make ...More

EJ Insight2015-05-11

Asia cyber defense spending seen outpacing world average

... nsultancy KPMG in Singapore. This has led to “opportunities for cybersecurity firms and we believe that more will look to Asia for growth”, he said. In January, research firm Gartner projected global ...More

EJ Insight2015-04-09

More jobs, higher salaries await HK university graduates

... p; Young, KPMG and Deloitte, while PricewaterhouseCoopers plans to hire 2,000 in Hong Kong and mainland China. In the banking sector, Hang Seng Bank wants to hire about 60 management trainees while DB ...More

EJ Insight2015-04-02

SEC, Chinese big 4 accounting groups nearing deal

... Tohmatsu, KPMG and Ernst & Young would pay fines worth a combined US$2 million, or about half a million each, under the tentative deal. SEC commissioners could vote on the settlement as soon as Th ...More

EJ Insight2015-02-05

Finance chief mulls 'giveaways' amid budget surplus: report

... ting firm KPMG, Tsang could reveal in his budget speech next month that the financial surplus in the current fiscal year ending March would actually reach HK$65.5 billion (US$8.44 billion). Even excl ...More

EJ Insight2015-01-27

India real estate portals lure foreign investors

... imated by KPMG to be worth US$121 billion in 2013, the internet offers prospective buyers the ability to compare house prices hundreds of kilometers away without leaving home, the report said. To fulf ...More

EJ Insight2015-01-12

PwC expects 120 new listings in Hong Kong in 2015

... our, PwC, KPMG and Ernst & Young forecast new listings in Hong Kong will raise HK$200 billion this year, while Deloitte expects a range of HK$180 billion to HK$220 billion. -- Contact us at englis ...More

EJ Insight2015-01-05

Fosun to acquire US insurer for US$433 mln

... and name. KPMG and Willis Capital Markets & Advisory are the financial advisers to Fosun and Meadowbrook respectively. DLA Piper LLP is the legal advisor to Fosun while Sidley Austin LLP advised M ...More

EJ Insight2014-12-31

Funds raised in HK IPOs seen at present levels in 2015

Funds raised from initial public offerings (IPOs) in Hong Kong are likely to remain over HK$200 billion (US$25.8 billion) next year, compared with an estimated HK$225 billion this year, KPMG says. The ...More

EJ Insight2014-12-18

Cyberport to focus on financial technology startups

... leased by KPMG Australia, Australasian Wealth Investments Ltd. and Australia’s Financial Services Council. Lam said Cyberport has been actively headhunting for local technology talents, who could be " ...More

EJ Insight2014-12-10

Assets at British fund managers back to pre-crisis levels

British fund industry assets are back to their levels before the onset of the financial crisis, Reuters reported Monday, citing a study of fund firm annual reports by KPMG. The accountancy giant's Fin ...More

EJ Insight2014-12-01

Govt, business leaders mourn the death of Marvin Cheung

... cutive of KPMG Hong Kong, one of the big four auditors, before being appointed as a non-executive director of a few listed companies including Sun Hung Kai Properties Ltd. (00016.HK). He had served as ...More

EJ Insight2014-09-15

What makes these restaurants tasty for investors?

...  China. A KPMG partner estimates China's middle class will grow from 14 percent of the population in 2012 to 53 percent in 2022. The majority of Asia's emerging middle class will be in China. With Chi ...More

EJ Insight2014-08-12

KPMG: Qingdao Port fraud no reflection of China credit quality

... artner at KPMG China and head of banking in Hong Kong. He expects lenders to tighten due diligence, especially with regard to securities used as collateral for loans. About HK$1.85 trillion (US$238.67 ...More

EJ Insight2014-07-23

What next after 'Alipapa'?

... g, former KPMG partner in Beijing and consultant for Motorola Solutions, were also named independent non-executive directors. -- Contact us at [email protected] JZ/JP/RA ...More

EJ Insight2014-06-17

HK listings to hit HK$210 bln in 2014, Deloitte says

... ting firm KPMG expects HK$200 billion from IPOs this year, mainly due to changes in some mega deals, it said in a statement on April 1. The figure is up more than 25 percent from 2013, with listing ca ...More

EJ Insight2014-04-08

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