Hong Kong
China Resources Bank, GienTech to advance fintech solutions in GBA
Their strategic alliance will introduce advanced financial infrastructure to drive innovation and elevate operational efficiency in the Greater Bay Area.
AstraZeneca unveils new R&D centre in Hong Kong
The R&D centre will focus on cell and gene therapy studies.
Gov’t inks food products pact
The agreement will cover three major food categories.
6 in 10 transport and logistics players report environmental requirement gaps with clients
The environmental requirement gap between players and clients is 12%.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Grade A office vacancy rates dropped to 12.6% in October
Kowloon saw the most significant improvement in the vacancy rate.
Hong Kong banks lead adoption of Generative AI: survey
This contrasts with their attitudes towards AI more broadly.
CLP Power allocates $25.7m for energy conservation programme
It will also provide power subsidies to underprivileged people.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
Cathay Pacific records a 320.2% increase in passenger traffic in October 2023
Cargo load factor saw an 8.7% decrease.
Labour Department to offer 4,500 'quality job vacancies'
Monthly pay ranges from $13,000 to $21,000.
Online and telephone fraud cases reach 21,097 in 9M23
The current figure already surpassed the total number of cases in 2022.
Hong Kong Airlines to expand passenger capacity
The airline seeks to expand its current fleet by 30% by the end of 2024.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
Hang Seng Bank warns customers of fraud
Customers were advised to report suspicious emails and websites posing as Hang Seng Bank.
HK hikes penalties for occupational safety and health standards violations
If convicted on indictment, employers can be slapped with a $10m (US$1.28m) fine and 2 years in jail.
Commentary
Strategic location tips for playgroups and education centres