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Carrian Group
The Carrian Group was a Hong Kong conglomerate that was known for rapid expansion in the 1980s, which ended in collapse amidst a major corruption and fraud scandal. Founding Carrian was founded in 1977 by George Tan Soon-gin, who fled Singapore following a bankruptcy in 1974. Operations The company, at various points of its existence, had operations in pesticide, tourism, shipping, insurance, taxi fleets, and restaurants. However, the company's main business is noted to be in real estate. History In January 1980, the group, through a 75% owned subsidiary, purchased Gammon House (a commercial office building, now Bank of America Tower) in Central District, Hong Kong for HK$998 million. It grabbed the limelight in April 1980 when it announced the sale of Gammon House for HK$1.68 billion, a high return on investment that surprised Hong Kong's property and financial markets and developed public interest in Carrian. In the same year, Carrian capitalised on its notoriety by acquir ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Bank Of America Tower (Hong Kong)
The Bank of America Tower is a 38-floor skyscraper located at 13-15 Harcourt Road in the Admiralty area of Hong Kong Island. The first floor is rented for retail and catering businesses. The third and fourth floors are for car parking, while offices start from the fifth floor up. Each floor provides 13,880 square feet for rent, with the smallest unit starting from 800 square feet. The Bank of America Tower participates in A Symphony of Lights. History In the 1970s, Gammon Construction redeveloped the Victoria Barracks. At the same year, Hongkong Land acquired Gammon Construction. It was completed at 1975. In the 1980s, HSBC set up a vault on the ground floor of the building before the HSBC Building was completed. In the same year, it was renamed as Carrian House after a HKD$998 million purchase by the Carrian Group. Within two years, the property price plummeted due to political uncertainty, and the purchase was seen as a "fraud," with Carrian Group being liquidated by ...
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Am730
''Am730'', is free daily Cantonese newspaper published in Hong Kong, the third with the prior two being ''Headline Daily'' and '' Metropolis Daily''. Shih Wing-ching, chairman of ''Centaline Holdings'', a property agency, is the founder of the newspaper. He introduced the new paper due to the unprecedented success of ''Metropolis Daily'', a pioneer in this market. ''Metropolis Daily'' was founded in 2002, and was so successful that it broke even in only fourteen months. Realising the profitability of the market, Shih established ''am730'' in late July 2005. Overview Owned and operated by AM730 Media Limited, ''am730'' launched its first publication on 30 July 2005. It had been scheduled to be launched in September, but it was rescheduled to 30 July to keep up with one of its competitors, ''Headline Daily'', which was launched on 12 July 2005, and for convenient coincidence that the date of 30 July (730) corresponded with the name of the newspaper. Two hundred thousand copi ...
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Chim Pui-chung
Chim Pui-chung (born 1946 in Chaozhou, Guangdong, China) was a member of the Legislative Council of Hong Kong (Legco), representing the financial services, Financial Services Functional constituency (Hong Kong), Functional Constituency. He is executive director, director of several companies. Political career Chim was a legislative councillor from 1991 until he was jailed for Conspiracy (crime), conspiring to forge documents in 1998, whereupon he was impeached and disqualified as a legislator by Legco. He was released from prison in 1999. In 2004, he was re-elected unopposed as legislative councillor for the financial services constituency. In 2008 he was again elected. In 2005, he was an unsuccessful candidate in the 2005 Hong Kong Chief Executive election, Hong Kong Chief Executive election, receiving only 21 nominations from the Election Committee, less than the minimum requirement of 100. As a result, Donald Tsang was declared the uncontested winner. Career In November 2 ...
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Teochew Cuisine
Chaoshan cuisine, also known as Chiuchow cuisine, Chaozhou cuisine or Teo-swa cuisine, originated from the Chaoshan region in the eastern part of China's Guangdong Province, which includes the cities of Chaozhou, Shantou and Jieyang. Chaoshan cuisine bears more similarities to that of Fujian cuisine, particularly Southern Min cuisine, due to the similarity of Chaoshan's and Fujian's culture, language, and their geographic proximity to each other. However, Chaoshan cuisine is also influenced by Cantonese cuisine in its style and technique. Background Chaoshan cuisine is well known for its seafood and vegetarian dishes. Its use of flavouring is much less heavy-handed than most other Chinese cuisines and depends much on the freshness and quality of the ingredients for taste and flavour. As a delicate cuisine, oil is not often used in large quantities and there is a relatively heavy emphasis on poaching, steaming and braising, as well as the common Chinese method of stir-fryi ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Bumiputra Malaysia Finance
''Bumiputera'' or ''Bumiputra'' ( Jawi: ) is a term used in Malaysia to describe Malays, the Orang Asli of Peninsular Malaysia, and various indigenous peoples of East Malaysia (see official definition below). The term is sometimes controversial, and has similar usage in the Malay world, used similarly in Indonesia and Brunei. The term is derived from the Sanskrit which was later absorbed into the classical Malay word ( sa, भूमिपुत्र, bhū́miputra), which can be translated literally as "son of the land" or "son of the soil". In Indonesia, this term is known as "Pribumi". In the 1970s, the Malaysian government implemented policies designed to favour bumiputras (including affirmative action in public education and in the public sector) to elevate the socioeconomic status of the economically disadvantaged bumiputera community and to defuse interethnic tensions following the 13 May Incident in 1969 by placating the Malay majority through granting them a pr ...
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Bank Bumiputra Malaysia Berhad
Bank Bumiputra Malaysia Berhad was a Malaysian bank, established in 1965. It was merged into Bumiputra-Commerce Holdings in 1999. The Inception On 4 June 1965, "Kongres Ekonomi Bumiputra" (Bumiputra Economic Congress), sponsored by the Ministry of National and Rural Development, were held in Kuala Lumpur for 3 days to generate an interest among Malays and other local indigenous groups to participate in commerce and industry. Seven working committees were formed to achieve these objectives. Tun Abdul Razak, the then Deputy Prime Minister of Malaysia announced that the Government had agreed to form a local Bank ("Bank Bumiputra") as recommended by the Economic Congress based on a majority of the 69 resolutions achieved in the meeting. The Bank, with its initial capital to be provided by the Malaysian Government, would be established. The Bank's ownership would ultimately be sold to the public through shares. On 15 July 1965, Tun Abdul Razak announced the Government agreed to provid ...
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Borneo
Borneo (; id, Kalimantan) is the third-largest island in the world and the largest in Asia. At the geographic centre of Maritime Southeast Asia, in relation to major Indonesian islands, it is located north of Java, west of Sulawesi, and east of Sumatra. The island is politically divided among three countries: Malaysia and Brunei in the north, and Indonesia to the south. Approximately 73% of the island is Indonesian territory. In the north, the East Malaysian states of Sabah and Sarawak make up about 26% of the island. The population in Borneo is 23,053,723 (2020 national censuses). Additionally, the Malaysian federal territory of Labuan is situated on a small island just off the coast of Borneo. The sovereign state of Brunei, located on the north coast, comprises about 1% of Borneo's land area. A little more than half of the island is in the Northern Hemisphere, including Brunei and the Malaysian portion, while the Indonesian portion spans the Northern and Southern hemisph ...
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Gosbank
Gosbank (russian: Госбанк, Государственный банк СССР, ''Gosudarstvenny bank SSSR''—the State Bank of the USSR) was the central bank of the Soviet Union and the only bank in the entire country from 1922 to 1991. Gosbank was one of the three Soviet economic authorities, the other two being "Gosplan" (the State Planning Committee) and "Gossnab" (the State Committee for Material Technical Supply). The Gosbank closely collaborated with the Soviet Ministry of Finance to prepare the national state budget. Foundation The foundation of the bank was part of the implementation of the New Economic Policy. On 3 October 1921, the All-Russian Central Executive Committee (VTsIK), passed a resolution for the founding of the State Bank of the Russian Soviet Federative Socialist Republic. This was followed by a similar resolution passed by Sovnarkom on 10 October 1921. It began operations on 16 November 1921. In February 1922 Lenin described the State Bank as ...
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Imelda Marcos
Imelda Romualdez Marcos (; born Imelda Remedios Visitacion Trinidad Romualdez; July 2, 1929) is a Filipino politician who served as the First Lady of the Philippines from 1965 to 1986, wielding significant political power during the dictatorship of her husband, 10th president Ferdinand Marcos. She is the mother of current president Bongbong Marcos. During her husband's 21-year rule, Imelda Marcos ordered the construction of many grandiose architectural projects, using public funds and "in impossibly short order" – a propaganda practice, which eventually came to be known as her "edifice complex". She and her husband stole billions of pesos from the Filipino people,Manapat, Ricardo (1991) Some Are Smarter than Others: The History of Marcos' Crony Capitalism. Ateneo de Manila University Press. amassing a personal fortune estimated to have been worth to by the time they were deposed in 1986; by 2018, about $3.6 billion of this had been recovered by the Philippine government, ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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