Hong Kong
Government proposes measure to expedite development procedures
Government proposes measure to expedite development procedures
The bill outlined five directions to amend the current procedures.
Rent level for new public housing flats set
The rent will apply to 7,595 flats in Lai Yiu and Hei Yiu Estates.
Hong Kong’s Fusion Bank offer digital loans for BYD electric cars
The loan has an annual percentage rate (APR) of as low as 3.9%.
Gov’t cuts quarantine period to 5 days
Patients and close contacts, however, must obtain negative test results first.
Hong Kong employees expect 10-15% salary increase when switching jobs: Randstad
Some expect a salary raise of between 15% and 20%.
External environment, cross-border travel disruption weigh business sentiment
Business receipts in the third quarter showed decreases, the C&SD reported.
Office rents to decline 3%-5% in 2023: report
The demand will remain sluggish due to global and local economic situations.
Gov’t ramps up efforts to attract global talent
Amongst efforts include the establishment of the Talents Service Unit.
Hang Seng Bank appoints new Chief Marketing Officer
Jordan Cheung will take the position, starting 19 December.
Legislative Councils OKs anti-money laundering bill
The bill requires persons engaging in VA activities to apply for a license from SFC.
What Hong Kongers are saving their money for?
Inflation, however, is hindering them to pursue these goals.
Hong Kong is world’s second most expensive location globally: study
New York City takes the top spot as rents soar, whilst Hong Kong’s property demand fell.
High-profile crypto failures in 2022 drive stricter tax reporting
Tax reporting for crypto is rapidly becoming a global phenomenon.
Retail street rents to decline 10-15% YoY in 2023
Retailers are not optimistic about the sector’s outlook, according to Knight Frank.
First-hand, second-hand residential transactions to hit new low in 2022
Transactions will reach between 48,000 to 53,000 in 2023 from 45,000 in 2022.
Smooth sailing with robots and Rhenus Logistics Hong Kong Limited
The company wins Innovator of the Year - Logistics at the 2022 HKB Management Excellence Awards.
Only 2 in 10 middle-managers, junior workers say expectations are being met at work
A survey showed a disconnect between senior leaders and junior managers.
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