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New Hong Kong ordinance mandates timely payments in construction industry
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New Hong Kong ordinance mandates timely payments in construction industry
The Construction Industry Security of Payment Ordinance aims to improve cash flow and fairness.
Hong Kong HNWIs eye Singapore for better quality of life
Hong Kong HNWIs eye Singapore for better quality of life
2 in 5 of HNWis plan to relocate in the next five years with Sinagpore as the top choice.
Gov’t proposes Trade Union Law amendments for national security
Gov’t proposes Trade Union Law amendments for national security
It would expand the Registrar of Trade Unions’ powers to regulate and supervise unions.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8.
Population inches up 0.1% in 2024
Population inches up 0.1% in 2024
It was driven by a net inflow of 21,000 residents.
HK raises minimum wage rate
HK raises minimum wage rate
The minimum wage rate has been raised by 5.25% to $42.1 per hour.

Exclusives

HR & Education ‘Top talent’ lured by Hong Kong can’t find jobs
Critics say the job program is too broad and not diverse enough.
HDI Global sees insurance opportunity in East Asia’s renewable energy boom
The company plans to hire underwriters who understand the RE language, says Hong Kong branch CEO Michael Ahn.  
Markets & Investing Hong Kong’s new treasury rules may spur demand for legal, accounting advice
Listed companies may use repurchased stocks to fund investment and capital needs.
HR & Education Hong Kong’s job-hopping insurance workers may see bigger pay
They should expect a salary hike of as much as 15%.
Information Technology Code-Create uses AI for quick fashion
The tool promises to speed up the design process by more than 60%.
Hotels & Tourism Kai Tak Sports Park needs strong event pitch to attract visitors
Hong Kong’s biggest stadium may need to host 150 events of different sizes yearly to be commercially viable.
Retailers to benefit from reinstatement cost write-off
The tax relief is welcome, but costs would still dictate the decision to move.

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