Hong Kong

ITF Funding schemes streamlined

Streamlines and consolidations take effect from 1 August 2025.

Four taxi fleets licensed to start operation

Pre-booking is available at around 80 designated taxi fleet sites in 13 locations.

Towngas Lifestyle gets strategic funding to speed up expansion plans

The funding round was led by investment firms Oriza FOFs and FountainVest. 

Standard Chartered HK automates onboarding processes of SMEs

The solution reduces application turnaround time, the bank said.

Hong Kong launches dual-track development pathway for medical talent

Participating doctors will hold positions at the HA and a designated university.

HSBC Life posts 21.5% share of new premiums in Q1 2025

The insurer wrote over HK$20b in new business premiums during the period. 

Hong Kong tourism rises 11.9% with Mainland travel rebound

Hotel occupancy averaged around 85% in 2024, but the Average Daily Rate (ADR) dropped 4.3% YoY.

McDonald’s-leased HK retail sites hit market in $1.2b sale

The properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, among others.

Lalamove expands Middle East operations

It will set up a branch in the Kingdom of Saudi Arabia later this year.

Median hourly wage increase outpaces average inflation

Median hourly wage climbed from $60.0 to $82.9 in ten years.

SFC and ICAC arrest former execs of listed company

The joint operation uncovered suspected market manipulation and corruption.

Hong Kong Airlines to add Melbourne route in December

Three return flights will be operated per week.

Hong Kong insurance premiums hit $28.6b in Q1 2025

This was driven by robust growth in both long-term and general insurance business.