Hong Kong

Kennedy town site to be sold via public tender

The property was assigned for non-industrial purposes.
27 minutes ago

Kennedy town site to be sold via public tender

The property was assigned for non-industrial purposes.
27 minutes ago

DBS Hong Kong wins Fintech award at HKB Technology Excellence Awards 2022

The leading financial services group in Asia redefines how SMEs can meet their working capital needs for business growth by plugging into their partners’ ecosystems and obtaining the merchants’ consent to share e-commerce data.
3 hours ago

Gov’t deficit hits $183b 

The government took into account the proceeds of $20b received from the issuance of green bonds.   The government recorded a deficit of $183b in the first five months of the current financial year, taking into account the proceeds of $20b received from the issuance of green bonds.   There was a deficit because some major types of revenue like salaries and profits taxes are received towards the end of a financial year.    In the first five months, government expenditure was $319.2b, whilst revenue was $116.2b.
5 hours ago

Gov’t to sell 3 residential sites in October-December quarter

The sites will provide about 2,500 units of flats.
5 hours ago

Retail sales value slightly dips by 0.1% YoY in August

The total value stood at $28.6b.
5 hours ago

Party time! Gov’t eases distancing measures in bars, clubs

The new measures will take effect on 6 October.
6 hours ago

How financial institutions can overcome the towering demand for ESG roles 

Data from portal Indeed showed that ESG job offers in Hong Kong soared 442% in 2022.
10 hours ago

Why prices of new launches from Aug-Sept were lower than secondary projects 

JLL said new projects were at an average discount of 10%.
3 days ago

Sustainability in the workplace: In which areas should companies do more?

Workers (27%) think that their company is lagging in their sector in terms of sustainability efforts.
3 days ago

Cathay Pacific elevates chatbot performance with AI training platform

The platform helps chatbots provide more accurate responses to travel inquiries.
3 days ago

How are Hong Kongers attitude change whilst living with COVID-19?

Some have an increased desire to travel whilst some are still concerned about health.
3 days ago

What can push investors to increase their sustainable investments?

Investors have 24% of their portfolios allocated to sustainable funds.
3 days ago

Hong Kong set to enable new tax measures

The measures aim to tighten rules under BEPS.
4 days ago

Hong Kong sets sights on innovation and technology

The government has set aside $10b to enrich the I&T ecosystem.
4 days ago

Quota for private cars crossing Hong Kong-Zhuhai-Macao bridge raised

Up to 500 private cars can now cross the bridge per month.
5 days ago

Hong Kong may see negative economic growth in 2022

This is due to the rising cost of capital and tightening monetary conditions amongst others. 
5 days ago