Hong Kong
Three-quarters of employees want to move within GBA for career prospects: KPMG
Three-quarters of employees want to move within GBA for career prospects: KPMG
Better industry prospects is the top motivator for those who want to relocate.
HK loses crown as top financial centre in APAC
It lost to Singapore by one point.
Which sectors received highest pay increments in 2022?
Financial services had the highest increments.
Bank of China HK’s prime, savings deposit rate unchanged
Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.
HKMA raises its base rate to 5.25%
The new rate took effect on 23 March.
Hong Kong government issues first tokenised green bond
HKMA issued HKD tokens, which were exchanged for fiat money provided by banks.
Revised Code of Practice seeks to combat ‘job-hopping’ amongst FDHs
The revisions required agencies to tell that changing employers will not be approved.
HK banking system 'resilient’ amidst the Credit Suisse fallout
HKMA and SFC are closely monitoring the situation.
Gov’t unveil toll plans for three harbour crossings
One of its plans is to implement a fixed toll at Western Harbour Crossing.
Digitally-skilled employees can boost HK’s annual GDP by US$47.5b: study
Those with advanced digital skills can contribute about US$5.4b.
Amended listing rules to compel Chinese tech firms to list on HKEX: report
This amidst the global political conflict between the US and China.
Advanced gynaecological cancer treatment centre opened in Gleneagles Hospital
The centre has surgical technologies and robotic systems.
Business sentiment of HK exporters improve in Q123
The Hong Kong Export Index has risen by 9.3 points to 39.0.
Gov’t introduces changes to MTR fare mechanism
These changes include the lowering of the fare adjustment rate by 0.8 percentage points.
Office market posts positive net absorption in February
This is the first time after three consecutive months of negative absorption.
Outstanding credit card balances went up 7.3% YoY in Q4 22
It indicates that consumers are reengaged to the market.
Hong Kong’s Fusion Bank launches business banking services for SMEs
Until 31 December, new customers may be exempt from account opening fees.
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