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Search Result for “cash”

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WORLD

Sanctions-hit Cambodian tycoon Chen Zhi owned luxury condo in Tokyo

South China Morning Post, Published on 18/11/2025

» KYODO — The chairman of a Cambodia-based conglomerate indicted by US authorities over alleged large-scale investment fraud and money laundering had acquired a luxury property in Tokyo as his residence, Japanese corporate registration documents showed on Monday.

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WORLD

Four arrested for smuggling 8kg of gold in underwear into Japan

South China Morning Post, Published on 21/10/2025

» HONG KONG — Four people have been arrested for allegedly trying to smuggle about 8kg of gold worth around ¥98.7 million (US$650,000) from Hong Kong to Japan by concealing gold powder in underwear, sources familiar with the matter revealed on Tuesday.

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WORLD

How Hong Kong pair landed in Myanmar scam farm 'living a life worse than death'

South China Morning Post, Published on 21/10/2025

» HONG KONG — Having lived in safe Hong Kong all her life, Nancy never imagined that an overseas job would lead to forced labour in a scam farm, a harrowing experience that lasted for half a year before she could be reunited with her family.

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WORLD

Singapore gives go ahead for cashless gambling at casinos

South China Morning Post, Published on 12/09/2024

» Cashless gambling will soon be permitted at Singapore's two casinos under amendments to the city state's Casino Control Act, though the use of Cashless gambling will soon be permitted at Singapore's two casinos under amendments to the city state's Casino Control Act, though the use of cryptocurrencies will remain prohibited.

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BUSINESS

China doubles cash subsidies to propel EV sales as economic growth falls short

South China Morning Post, Published on 26/07/2024

» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.

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BUSINESS

Baidu robotaxis draw complaints from human drivers

South China Morning Post, Published on 10/07/2024

» BEIJING - A fleet of more than 500 driverless taxis operated by Baidu's autonomous-driving unit in Wuhan, capital of central Hubei province, is quickly gaining customers despite vocal complaints from locals and taxi drivers, showing the complications of providing such services in an urban area.

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LIFE

Hong Kong's film industry to get more cash to promote city

South China Morning Post, Published on 18/06/2024

» HONG KONG - More government cash will be pumped into Hong Kong's film industry to help it break into international markets and promote the city's culture overseas, the finance chief has said.

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WORLD

China visa-free travel: relaxing entry restrictions adds up

South China Morning Post, Published on 06/02/2024

» BEIJING - French national Marc Guyon travelled to China on the first day that Beijing began allowing citizens of his homeland to enter visa-free.

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PROPERTY

When will Hong Kong property prices recover? Not any time soon

South China Morning Post, Published on 04/08/2023

» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.

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BUSINESS

Price war started by Tesla, BYD sends Chinese auto stocks into nosedive in sign of fragile consumer sentiment

South China Morning Post, Published on 13/03/2023

» Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.