Hong Kong

Health Department approves VELSIPITY for severe ulcers

The number of UC patients in China is projected to double by 2030.

Four more hydrogen fuel trials approved

To date, agreement-in-principle has been given to a total of 18 projects.

Financing sector records largest total receipts in 2023

Excluding banking, it increased by 2.2% year-on-year to $699.2b.

New bill cuts tax for assisted reproductive services

The tax deduction is one of the measures announced in the 2023 Policy Address to promote fertility.

HK eyes saving 160m kWh in fourth phase of energy efficiency scheme

The scheme now covers a total of 11 types of products.

PASS opens application for new project proposals

The deadline for the new round of applications is 28 February 2025.

Japan’s Kaneko Optical opens first directly managed store in Hong Kong

It offers handcrafted eyewear produced at the brand's factories in Japan.

Gov't updates safety code at work in confined spaces

The Labour Department will continue to conduct surprise inspections.

HK resumes multiple-entry IVS for Shenzhen residents

Currently, Shenzhen residents can only visit Hong Kong once a week under the IVS.

Hong Kong, Shenzhen sign health inspection MOU

It will ensure the safety and well-being of residents and travellers whilst facilitating customs clearance.

HK retail sales down 2.9% YoY in October

This follows a 6.9% decline last month.

IRD lowers tax reserve certificate interest to 0.5500%

This is a reduction from the current rate of 0.7167%.

Hong Kong, Guangdong sign equine, aquatic export agreements

It will improve quarantine and customs procedures for horses, forage feed, and biological products.

Mortgage loans up 9.5% to $19b in October

Applications increased month-on-month by 46.5% to 7,289.