Hong Kong
Hong Kong Airlines eye full operations by mid-2024
Hong Kong Airlines eye full operations by mid-2024
The carrier expects to increase its flight operations to 30 sectors per day by January.
Bank of China (Hong Kong) warns of fake website
Customers who logged in the fake website are advised to immediately contact the bank.
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
High street rents to grow 8% in 2023: Colliers
This comes as Hong Kong and China reopen their borders
Hong Kong’s office sector growth hinges on China’s reopening
More than 3.2 million sq. ft of net floor area is expected in 2023.
Warehouse vacancy up to 3.3% in 2022: Colliers
This is due to the completion of the logistics centre in Tuen Men
Interest rate hike cycle dims mass residential market outlook
Residential transaction volume was down 39.4% YoY in 2022.
Property transaction volumes hit lowest level in 10 years
There were only 101 big deals concluded in 2022.
Residential transactions in GBA to pick up by 20%-25% in 2023
In 2022, the GBA saw a 35% YoY decline in transactions.
Retrofitting old buildings will increase rents, tenant satisfaction
JLL research showed that retrofitting old buildings will be cost effective.
Government to provide Hong Kong fresh impetus
This is to boost the city’s economic growth, Financial Secretary Paul Chan said.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers.
Firms revamp benefits to retain older workers as youth opt for opportunities abroad
A Randstad expert said employers should consider giving their employees financial literacy benefits.
Hong Kong rewards platform Bloom teams up with three microinsurers
Users can now access services from ZA Insure Select, YA Microinsurance, and Avo Insurance.
Tung Chung Line Extension gets greenlight
It is expected to be completed in 2029.
Greater Bay Area SMEs show ‘strong appetite’ for financial services
Many SMEs are underbanked, Bain & Company found.
HK pushes for stronger trade relations with Vietnam
Vietnam is the city’s seventh-largest trading partner.
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