Laurie Chow – Chief Executive Officer Laurie is the Founder and Chief Executive Officer of Vega Global. He humbly started his career in 1980 as a sales executive selling projectors to different schools in Hong Kong. With his ambition and hard work, he founded Vega Technology Ltd. in 1986, which began as a local distributor of audio-visual equipment. Over the years, Vega rapidly grew as a critical distribution agency for international AV and IT manufacturers. In 2010, Laurie started to…
Member Updates
We sat down with aviation boss & PBEC Board of Director Diana Chou again after a year like no other. As the daughter of the Hong Kong tycoon who founded Dragonair, Chou had a strong connection with aviation when she started selling aircraft. Entering her third decade in aviation, she has been busy attracting investment despite Covid-19 into ‘disruptive’ & ‘sustainable’ related businesses amid growing demand for advanced air mobility, shared air transport & exploring innovative ideas to meet the…
Asia’s premier Tech enables water services Company headquartered in India has joined PBEC. We are delighted to welcome Dr. Parag Agarwal who is currently based out of Dubai due to the Covid pandemic. Dr. Parag is a major advocate in Asia on Sustainable Entrepreneurship, focused on innovation and transformation in delivering clean water across the industry in Asia. JanaJal is bringing in a water revolution with their triple AAA concept, Accessibility, Affordability and Availability of safe drinking water. They…
Steelman Partners and Gensler designing 75 hectare resort near Angkor Wat NagaCorp has announced that it has signed a 50 year lease with the Cambodian government for a 75 hectare (187.5 acre) property near the UNESCO World Heritage site of Angkor Wat. The company plans on building a fully integrated resort, Angkor Lake of Wonder (ALOW), which will include hotels, a waterpark, indoor theme parks, a water cruise attraction, meeting facilities, cultural attractions, and food streets. Steelman Partners and Gensler have been brought on…
Aboitiz Power Corporation, through its subsidiary AP Renewables Incorporated (APRI), will be supplying the renewable energy (RE) needs of Wells Fargo International Solutions LLC in the Philippines. In a statement on Monday, March 1, Aboitiz Power said it will deliver about 7,500 megawatt-hours of RE to Wells Fargo’s Taguig City facility, which is equivalent to 65% of the latter’s electricity needs. AP Renewables will supply 65% of Wells Fargo’s electricity needs in the Philippines. Read more: https://www.rappler.com/business/aboitiz-power-supply-renewable-energy-wells-fargo-taguig-city
Fintech companies in Asia Pacific attracted USD11.6 billion across 565 deals from venture capital, private equity and M&A in 2020, compared to USD 16.8 billion in 2019, reaching a six-year low, as the pandemic saw a decline in investment into emerging markets like Southeast Asia, particularly in the second half of the year. Global fintech funding was USD105 billion in 2020, the third highest fintech investment on record despite a significant drop compared to USD165 billion in 2019, according to KPMG’s Pulse of Fintech H2′20 report. Read more… Full report available here…
Featured article by PBEC Member : Joanna Caen PraxisIFM Managing Director Hong Kong Email: Joanna.caen@praxisIFM.com At first glance it may seem strange that many high net worth, and even more ultra-high net worth, individuals and families choose to own their personal wealth through asset holding structures. After all, wouldn’t it be simpler to own the assets directly, retaining direct legal and administrative control? In this article, Joanna Caen, Managing Director and Novia Lu, Senior Business Development Manager of PraxisIFM (Hong…
While most of Asia’s wealth managers are eyeing the new economy sector, some market-leading Chinese companies in traditional industries that have accumulated substantial wealth offshore but still lack financial services due to their size and market cap can provide these managers with great opportunities. “We are in a very strange world where there are very good companies with market capitalization of between HK$3 billion and HK$6 billion, which are not large enough to attract the big investment banks to provide…
Sands China Ltd has announced a discretionary allowance for more than 26,000 eligible full-time team members, completing the set of all six Macau concessionaires to have confirmed employee bonuses. The discretionary allowance, to be paid on 8 February, will be equivalent to one month’s salary capped at MOP$45,000 which the company says is in gratitude of team members’ dedication and contributions in 2020. The discretionary allowance will benefit 99% of Sands China employees, it added. “First of all, our special…
THE ABOITIZ group has committed to donate additional vaccine doses for the second wave of the tripartite initiative among the private sector, the government and UK-based AstraZeneca plc, it said on Tuesday. The program dubbed “A Dose of Hope” aims to bring in 3 million more vaccine doses on top of the 2.6 million doses that were pledged in November. The initiative aims to inoculate as much as 70 million Filipinos in 2021. The Aboitiz group joined more than 300…