Hong Kong
Gov’t to expand the scope of mentorship programme
The programme will now cover 4,000 mentees.
Cathay Cargo Terminal kickstarts cashless cargo payments
The cargo terminal partnered with PayCargo for the project.
Hong Kong Federation of Insurers leads climate charter amongst industry
33 companies have joined HKFI’s inaugural climate charter.
UOB, ANZ, StanChart HK provide $14.4b green loan to a Gaw Capital consortium
The funds will refinance over a dozen shopping centres and malls.
Gov’t to increase Community Care Service Vouchers to 11,000
The increase will involve an annual expenditure of $900m.
Fintech startup streamlines SME credit assessment for banks through AI
With InRiskable, banks can assess SMEs’ credit risks with 80% less time and 97% accuracy.
Gov’t mulls establishment of one-stop trade services window
Hong Kong wants to attract Mainland manufacturing to set up offices in the city.
Highlight your exceptional homegrown business at the Hong Kong National Business Awards 2024
The esteemed awards programme returns, seeking to illuminate the city's most exceptional companies.
Are you a champion of innovation? Nominate for the Hong Kong Business Technology Excellence Awards
Calling all trailblazers and industry leaders! We are looking for companies pushing boundaries and achieving remarkable results in Hong Kong’s vibrant tech landscape.
Gov't to increase cigarette duty by $0.8 per stick
The proportion of tobacco duty in the retail price of cigarettes will rise to 70%.
HK enables retail investors to trade tokenised securities, boosting Web 3.0 growth
Prospectus and public offering regimes govern tokenised securities.
Gov't projects $48.1b deficit for FY24-25
For FY23-24, the government expects a deficit of $101.6b.
HK targets revenue boost through tax reforms, fiscal measures
Proposed measures include implementing a two-tiered tax regime for salaries and personal assessment.
Covered Call ETFs debut in HKEX
Mirae Asset Global Investments issued the new ETFs.
HKEX reports ‘second best’ revenue, profit in FY23
Revenue for the period was $20.5b, up 11% YoY.
Gov’t proposes a $500b borrowing ceiling for bond schemes
The government will move the resolution to the legislative council on 17 March.
Commentary
Strategic location tips for playgroups and education centres