Hong Kong
Standard Chartered HK automates onboarding processes of SMEs
Standard Chartered HK automates onboarding processes of SMEs
The solution reduces application turnaround time, the bank said.
Hong Kong launches dual-track development pathway for medical talent
Participating doctors will hold positions at the HA and a designated university.
Elderly Health Care Voucher Scheme expands to GPHCM
This takes effect on 31 July.
HSBC Life posts 21.5% share of new premiums in Q1 2025
The insurer wrote over HK$20b in new business premiums during the period.
McDonald’s-leased HK retail sites hit market in $1.2b sale
The properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, among others.
Hong Kong tourism rises 11.9% with Mainland travel rebound
Hotel occupancy averaged around 85% in 2024, but the Average Daily Rate (ADR) dropped 4.3% YoY.
Lalamove expands Middle East operations
It will set up a branch in the Kingdom of Saudi Arabia later this year.
Median hourly wage increase outpaces average inflation
Median hourly wage climbed from $60.0 to $82.9 in ten years.
SFC and ICAC arrest former execs of listed company
The joint operation uncovered suspected market manipulation and corruption.
Hong Kong Airlines to add Melbourne route in December
Three return flights will be operated per week.
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
Towngas and HKSTP to build Hong Kong’s first public EV hydrogen charging system
It will be completed in Q2 2026.
HK employers face rising benefit costs, financial strain: report
Mental health, health benefits, and financial wellbeing are the three areas most employers in the region are planning to enhance over the next three years.
Nearly 65% of retailers utilise marketplaces
Only around 40% of retailers use their websites to sell.
Mainland Chinese deposits surge as Hong Kong insurers gain
End-2024, Hong Kong’s MCV insurance market reached HK$62.5b (US$8b).
Commercial floors at 382 Lockhart Road up for sale
The indicative price is set at $398M, or approximately $8,405 per square foot.
Commentary
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