Hong Kong
Gov't to adopt Crypto-Asset Reporting Framework to enhance transparency
Gov't to adopt Crypto-Asset Reporting Framework to enhance transparency
It plans to begin automatic exchanges under the framework by 2028.
Hong Kong REIT’s current regulations hinder market growth
H-REITs operate under a unit trust structure leading to capital-raising challenges.
Strong household demand drives HK’s mini storage services
44% of operators expect rental and profit growth of 5% to 10% over the next years.
HK Express launches Hualien route
To meet Chinese New Year demand, the airline will operate seven flights per week for two weeks.
HA sets priority orders for house scheme applications
The results are available on the HOS webpage.
Customs, FedEx ink MOU to streamline cargo clearance
It aims to improve customs clearance efficiency for cross-border shipments.
Manufacturing industrial production down 0.1% in Q3
The producer price index for manufacturing industries increased by 3.2%.
Gov’t sets new rules on merchant shipping fees
Shipping companies may get a refund if they have registered more than one eligible ship.
CSD to fully implement new visitors service
The articles will be directly delivered to the correctional institutions by the supplier.
Manulife Hong Kong partners for cashless medical services
The cashless services cover day-case surgeries at all United Family Hospitals.
Government to launch Anti-rodent Charter
FEHD will provide free anti-rodent technical support.
New kiosks streamline HKID, passport applications
The kiosks are located at the Immigration Headquarters in Tseung Kwan O.
HK's exports set to grow by 4% in 2025
Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.
Cathay Group nears completion of two-year rebuilding project
Cathay Pacific and HK Express will reach 100% of pre-pandemic flights by 2025.
One in three Hong Kong users fall for scams despite detection confidence
63% of users reported they reused passwords across multiple sites.
Grade A office rents may drop 5-10% in 2025 amid weak demand
Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.
China Resources and Transportation Group posts $2.05b net profit in FY2024
This was primarily driven by a $2.43b gain on debt restructuring.
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