Hong Kong
Hang Seng Bank opens MTR Jordan Station Retail Banking Centre
It is open from 11 AM to 7 PM on weekdays.
Hong Kong’s growth projected to moderate at 1.9% in 2025
Inflation is also expected to remain moderate at 1.8% in 2025.
Vodafone, CK Hutchison complete UK merger
VodafoneThree will invest t $116.7b in 5G over 10 years.
Nearly half of Hong Kong office tenants report ESG shortfalls
48% reported that their leased buildings do not meet their ESG expectations.
7 out of 10 Hong Kong staff support four-day workweek: survey
69% of Hong Kong respondents said they would be more focused if required to complete their tasks within a four-day timeframe.
Hong Kong debuts world's first inter-governmental mediation body
The headquarters will be located at the site of the former Wan Chai Police Station.
Gov’t invites applications for $200m professional services fund
Applications are open until 31 August.
New exemption option for columbaria as amendment takes effect
After obtaining an exemption, sellers can retain the niches they sold.
Cathay Pacific partners with Sinopec to boost SAF use
Flights departing from HKIA will use SAF produced by Sinopec.
Mortgage loans approval increases 2.4% MoM in April
The number of mortgage applications decreased by 7.8% MoM.
FuSure expected to maintain strong balance sheet as it expands business
It recently received a long-term reinsurance license authorisation from Hong Kong regulators.
New World Development defers perpetual bond coupons payment
It will defer on a total of four payments due in June.
Gov’t reduces emissions cap for power plants
The new restrictions will take effect in 2030.
About 74% of HK SMEs struggle with payment reconciliation: survey
21% strongly agreeing that reconciliation poses a critical challenge, compared to 9% of small businesses.
Prudential Hong Kong begins accepting claims for histotripsy care
Histotripsy uses focused soundwaves to create microbubbles within a tumour.
FWD Hong Kong adds cross-border care via New Frontier deal
The initiative includes a cashless hospitalisation service.
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