Hong Kong

Employers seek broader immigration reforms

Companies want greater flexibility for internal transfers and hiring.

Prudential Hong Kong launches Cantonese voice challenge

Cyberport joined the competition to develop practical artificial intelligence solutions.

Hong Kong AI cohort grows amidst governance pressure

Stephen Yiu said insurers are showing stronger ownership in strategy selection.

Credit card balances rise as revolving lines fall

Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.

Gov’t seeks public views on first five-year development plan

Key priorities include the Northern Metropolis and green transformation. 

Hong Kong tightens F&B worker imports under new labour rules

Restaurant operators must meet a 3:1 local-to-imported worker ratio. 

Hong Kong port platform expands into trade finance

The system targets SMEs that face high financing costs and slow loan approvals.

Luxury hotels shine as Asia Pacific deals rise 77%

Tightly held ownership and limited new supply continue to support the city’s premium hotel market.

Manufacturing output slows in Q1 as producer prices surge

Production rose 3.1% in Q1, whilst producer prices jumped 17.7%.

Construction output rises in Q1 on public works surge; private sector slumps

Government projects offset a double-digit drop in private building activity.

Kennedy Town gets retro concept store as Wellcome expands

Design uses Hong Kong tram culture as the store theme.

Towngas targets construction sites, data centres in hydrogen push

Cost and regulation remain hurdles to wider adoption of the clean fuel.

Keytop Parking clears HKEX hearing for IPO

Proceeds will fund R&D parking operations overseas growth and corporate purposes.

Uber says 83% expect higher fares under Hong Kong cap

Around 86% also expected peak-hour and rainy-day bookings to become harder.