Hong Kong
Gov’t implements mediation policy in contracts
Gov’t implements mediation policy in contracts
Contract parties have to agree to use mediation in dispute settlement first before resorting to arbitration.
Retailers to benefit from reinstatement cost write-off
The tax relief is welcome, but costs would still dictate the decision to move.
Highlight your outstanding innovations at HKB Technology Excellence Awards 2025
Celebrate digital initiatives and excellence in Hong Kong's dynamic tech landscape.
ZA Bank partners with TransUnion to offer credit alert service for free
It notifies of new credit accounts opened under their name, amongst others.
Equity and tech funding drops 18.99% MoM to $137m in January
Year-on-year, the funding trend rose 5.81%.
Golden Week brings 1.4 million tourists to Hong Kong
Of these, 1.2 million are Mainland visitors.
ITC approves first new industrialisation acceleration scheme application
If finalised, Jean-Marie Pharmacal will receive $200m in funding.
Gov’t reports 10.4% MoM drop in property deals in January
This decline was due to the Chinese New Year holiday.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
HK property sales drop 10.4% in January
Total consideration for these agreements reached $36.7b,
Why Hong Kong’s retail recovery is taking longer than expected
Total retail sales decreased by 7.1% YoY.
AS Watson appoints Clarice Au as CEO of Retail Hong Kong
She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.
Hongkong Land debuts on Dow Jones Sustainability World Index
The company ranked amongst the top 6% in the property sector.
HK’s retail sales decrease by 7.3% YoY in 2024
Retail volume also decreased by 9%.
Hong Kong’s economy expands by 2.5% in 2024
Exports and imports of goods recorded YoY increases of 4.7% and 2.3% respectively.
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
HK exports up 5.2% in December
In contrast, imports dropped by 1.1% to $441.2b.
Commentary
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Why Hong Kong’s retail product reshuffle may favour large suppliers