Hong Kong
Rising COVID cases burst HK-SG travel bubble anew
Rising COVID cases burst HK-SG travel bubble anew
The May 26 target date has been postponed.
HKMC records $362m loss in 2020
This was a drop from the $317m profit in 2019.
How companies can protect themselves from cyberattacks during the COVID-19 pandemic
There’s a reason why getting protected online should be one of the top priorities of companies today.
Hong Kong exports rose 32% in the first quarter
Import volumes also increased 24.4% during the first three months of the year.
Furniture company Man Wah profit up 17.5% to $1.9b in 2021
The group saw a strong boost in sales from its China markets.
Citi eyes 1,000 new Hong Kong hires, amidst growth in wealth clientele
The will include 550 new relationship managers and private managers over the next five years.
Hong Kong GDP revised slightly up to 7.9%
The government maintained has its 3.5-5.5% forecast for the full year of 2021.
Government sees “significant” drop in Hong Kong jobless
The unemployment rate stood at 6.8% in March, down from the record of 7.2%.
Hong Kong tightens health protocols for travellers from Taiwan
This comes amidst escalating cases of COVID-19 in Taiwan.
Hong Wei (Asia) loss dips 2.3% to $6.2m in Q1
The improved (but still negative) result was driven by its particleboards segment.
China Youzan records RMB168.17m loss in Q1
This increased from the RMB132.28m loss recorded in the first quarter of 2020.
South China Assets records $3.28m loss in Q1
This is an improvement from the $7.1m loss in the same quarter last year.
Global Strategic Group sees smaller loss at $17.46m over last half-year
The Group previously recorded a $61.06m loss in the six months to March 2020.
April sees optimistic SMEs, as sentiment rises to two-year high
The diffusion index on business receipts increased to 47.1, representing cautious optimism among small businesses.
Sun Art Retail profit drops 16.6% in 2021
The retail group linked this to the impact of the pandemic.
SFC starts granting subsidy for setting up REITs, OFCs
The scheme will operate for three years until 9 May, 2024.
Commercial property sales rise to US$1.4b as investment deals pick up
This is a 28% increase compared to the same quarter last year.
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