Hong Kong
Financial instability curb spending and consumers turn to credit
Financial instability curb spending and consumers turn to credit
Two in five consumers expect to be unable to pay their current bills and loans in full.
Enhanced industry regulatory scheme for marketing calls launched
This includes requiring telemarketers to provide their names and contact numbers upon recipients' requests.
Hong Kong’s single-use plastic ban to curb F&B waste with green alternatives
The new regulation will be implemented in two phases to allow businesses ample time for transition.
Exports value climbs 14.8% in May
There were significant gains in electrical machinery.
Hong Kong-Armenia tax treaty to ease investor tax assessment
The pact will also expand Hong Kong's tax treaty network.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
BioMap secures HKIC funding to boost AI and biotech in Hong Kong
The startup is working on expanding its presence in the city.
Hong Kong ranks second most expensive city for high-net-worth individuals
It ranks behind Singapore.
Prudential unveils $2b share buyback plan
It expects its 2024 annual dividend to grow in the range of 7% to 9%.
4 in 5 workers report improved well-being with hybrid work
Due to its benefits, 80% strongly prefer a hybrid work setup.
Hongkong Land debuts new shopping mall in Chengdu
The mall is Hongkong Land's first development in the city.
Y.X blends work and play with VR gaming and study spaces at Y83
Y83 is the first student accommodation in Hong Kong to include a VR gaming area.
Hang Seng Bank launches $80b green financing solutions fund
The bank also launched green assessment and knowledge advocacy programmes.
SetupHK launches $1 Company Setup Programme to attract startups
The programme offers licenses and permits assistance, amongst others.
New shipping safety standards to meet international guidelines
Proposed amendments aim to set safety standards for ships and personnel.
Gov’t addresses food waste recycling bin disruption
The government requested an incident report within seven days to prevent recurrence.
Citi names HSBC banker as head of corporate banking in Hong Kong
Matthew Hung is head of corporate coverage for HSBC’s operations in the city.
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Strategic location tips for playgroups and education centres