Hong Kong's BMP Wealth adding 'U.S. expat proposition' to existing expat range

BMP Wealth Ltd. is a Hong Kong-based wealth management firm that was set up in 2017 to cater to the wealth management needs of what it calls "internationally-minded people," from such countries and regions as the UK and elsewhere in Europe, Canada, Australia and China. And now, it's in the process of entering the American expat wealth management sector as well, the company has told the American Expat Financial News Journal.

AmCham Hong Kong execs denied entry to Macau

The chairman and president of the American Chamber of Commerce in Hong Kong were denied entry to Macau on Saturday, as they sought to travel to an AmCham Macau event. Initial reports said they had been prevented from entering Macau – which like Hong Kong is a Special Administrative Region of China – in retaliation for American support of the Hong Kong Human Rights and Democracy Act (HKHR&DA), but on Monday Macau officials dismissed this.

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Asian cities most expensive for expats: Mercer

Hong Kong has remained atop the annual Mercer cost-of-living league table for the second year in a row, and Tokyo stayed in second place, as Asian cities yet again proved to be the most expensive locations for companies looking to send their employees overseas to work. 

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Hong Kong tops new ranking of most resi properties sold for US$25m-plus

Hong Kong saw the greatest number of sales of ultra-prime residences costing more than US$25m (£22.1m, £19.9m) in the year to the end of August, according to a first-ever assessment of this market by Knight Frank.

New York and London ranked in second and third place respectively, the London-based property company's research revealed.

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Learning to speak 'expat'

When the Hollywood version of Kevin Kwan's 2013 novel, Crazy Rich Asians, hit the world's cinemas recently, English-language commentators familiar with the multi-cultural Singaporean dialect took note of the "Singlish" words used in the film – such as "lah", which Singaporeans like to add to the end of a phrase for emphasis.

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Opinion

Tax Research's Richard Murphy: The real Pandora Papers message – 'Offshore's big issue now is the fight to save democracy'

Tax Research's Richard Murphy: The real Pandora Papers message – 'Offshore's big issue now is the fight to save democracy'

The world – including its banks, cross-border financial services institutions and even many governments – has come a long way since the Richard Murphy and others founded the Tax Justice Network in around 2003...

Oct-08-2021