Hong Kong
Hong Kong raises Indonesia’s COVID-19 risk level
Hong Kong raises Indonesia’s COVID-19 risk level
Indonesia will be identified as a “very high-risk” area, starting 21 June.
Hong Kong’s national income rises 7.5% to $722b in Q1
This was attributed to a net inflow of investment income.
Morimatsu International eyes $2.48 per share price in global offering
The manufacturing firm will issue 250 million shares in its global offering.
Quantum Thinking profit rebounds $16.7m after 2020 loss
The Group recorded a $26.7m loss last year.
Hong Kong jobless likely to further drop in May: gov’t
But full employment is still a long way ahead.
How Hong Kong can capture opportunities in China’s 14th five-year plan
This will benefit sectors such as finance and technology amongst others.
Colombia, Korea now in Hong Kong’s high-risk list
The tighter border restrictions will take effect on 18 June.
Jardine Matheson offers three Mercedes Benz for you to get the jab done
The company will be offering $10m worth of incentives to promote vaccination.
Hong Kong’s exports to China rises 18.4% in Q1
Total exports for outward processing amounted to $134.6b during the quarter.
Cathay Pacific amongst Asia Pacific’s top carriers
The airline earned an overall score of 4.6 out of 5 in the Air Cargo Excellence Survey.
New measure raises stamp duty
It will increase the rate to 0.13% starting 1 August.
New emission caps for two Hong Kong power plants imposed
The new threshold applies to Hong Kong Electric and CLP Power Hong Kong.
Service industries pick up in Q1 but recovery remains “uneven”
Courier, warehousing and storage saw double-digit growth.
One in four HK shoppers could do away with bricks-and-mortar: survey
Changes in consumer behaviour as an impact of the pandemic may be here to stay.
FTX founder Sam Bankman-Fried named in first Bloomberg New Economy Catalyst
The list includes policymakers, visionaries and entrepreneurs from all over the world.
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
IMF affirms Hong Kong’s “resilient” financial system
But it flagged points of exposure to macro-financial risks.
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