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Citibank Hong Kong calls for media agency review
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Citibank has kick started a global review of its media agency relations, with Hong Kong to be part of the tender process.Citibank’s incumbent media agency in Hong Kong is MEC, a partnership that has spanned more than 10 years.A spokesperson from MEC confirmed to Marketing that the Hong Kong of...
Report: Drastic streamlining for SOEs
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Stocks surge on belief that restructuring and mergers will create globally competitive giantsThe nation may slash the number of central State-owned enterprises to 40 from 112 at present through large-scale mergers as part of a broad plan to reform the inefficient State sector, a report in China'...
China’s PBOC Said to Plan $32.7 Billion Bank Injection
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China’s central bank is said to plan the injection of about 200 billion yuan ($32.7 billion) into some national and regional lenders as Premier Li Keqiang steps up stimulus to support economic growth.The People’s Bank of China is providing funds to joint-stock banks to help them prepare ...