investment
Coleman decries high gas prices amid $20m power investment as industrial growth hangs in the balance
The Managing Director of Coleman Technical Industries Limited, George Onafowokan, has issued a stark warning regarding the sustainability of Nigeria’s manufacturing sector, pointing to the exorbitant cost of industrial gas as a primary inhibitor of economic progress. Despite Coleman’s substantial commitment of over $20 million toward independent, gas-powered electricity generation, the firm continues to grapple […]
Fun Coffee Investment Scam Uncovered in Hong Kong and Macau, Leading to Eight Arrests and HK$100 Million Loss
Hong Kong and Macau authorities have apprehended eight individuals in a coordinated operation targeting an elaborate investment scam syndicate that defrauded over 200 victims of approximately HK$100 million (US$12.75 million). The perpetrators operated under the guise of "Fun Coffee," a purported coffee investment enterprise that lured investors with promises of pioneering a novel "kinetic coffee […]
Hong Kong’s Largest International School Group Proposes Tuition Fee Hikes, Citing Investment Needs
Hong Kong’s largest international school group, the English Schools Foundation (ESF), is planning to implement an average tuition fee increase of approximately 4.1 per cent across most of its primary and secondary divisions for the upcoming academic year, a move that requires official approval. For parents with children enrolled in ESF kindergartens, the proposed fee […]
