Hong Kong
Hong Kong, China told to ban ‘zero-dollar’ tours
Hong Kong, China told to ban ‘zero-dollar’ tours
Retailers should improve customer service and create unique experiences to stay in the game.
Less containers, ocean vessel arrivals in Q3
The port handled 3.41 million TEUs of containers during the quarter.
Total port cargo throughput down 3.5% YoY in Q3
Both inward and outward port cargo declined.
Cathay Pacific launches direct flights to Munich, Germany
This marks the airline’s second route to Germany.
Property sales up 31.3% in November with 7,689 units sold
The Land Registry recorded 382,391 land register searches during November.
Agile Group Holdings reports $1.28b pre-sale value
Average selling price is $13,815 (RMB12,925) per square meter.
Gov’t launches pro-bono mediation scheme for water seepage disputes
Parties can conduct mediation by submitting a request through eBRAM’s platform.
Lack of flexibility, hybrid managers drive more than half of HK employees to ‘silently quit’
22% of the Hong Kong workforce currently feels demotivated at work.
Hong Kong rate cuts to drive investor interest in 2025
Lower rates will attract institutional and property funds to value-driven opportunities.
Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates
It will decline to 2% from 2.6% in 2024, Deutsche Bank said.
Bonhams builds new headquarters in Hong Kong
It joins Sotheby’s, Phillips, and Christie’s, which have all upgraded their local spaces.
KPay raises $55m in series A funding round
It will use the funds for M&A opportunities and to double its partnerships.
QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants
It is designed for HK-based merchants expanding in the US market.
HKPC to offer two subsidy measures to strengthen industrialisation
A 30% concession of manpower cost will be offered to an applicant.
Hong Kong Airlines to resume direct flights to Canada
The airline now covers over 30 destinations.
HKSTP, China Resources launches I&T talent initiative
The "Beyond Dreams" initiative is supported by a $100m donation from the CR Charitable Foundation.
Gov’t launches consultation on toy safety updates
The affected product categories include babies' dummies, baby walking frames, and bottle teats.
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