News

Consortium proposing ESR privatisation names senior adviser

Brett Robson will lead the implementation of strategic priorities and value-creation initiatives.

HKIA sets 6% illustration rate cap on HKD policies

Caps apply only to internal rate of return used in benefit illustrations at the point of sale.

Green offices lose pricing edge as supply expands

Hong Kong is seeing its green rental premium gradually shrink as the supply of certified space catches up with demand.

Hong Kong sees record private housing completions in 2024

The surge in completions was driven by concentrated supply in Kowloon City, Yuen Long, and Tuen Mun.

Gov’t announces board changes to HKTDC

The government reappointed Ronna Chao Wei-ting as a member.

CK Hutchison mulls spin-off of telecom business

There is no guarantee that any transaction will take place.

CK Hutchison will not ink deal selling port operations near Panama Canal

Authorities will conduct an antitrust review of the port deal.

Gov’t introduces new housing bill

The bill will be taken up by the Legislative Council for first and second readings on 2 April.

Gov’t names new SFC appointees

The new appointees will serve a term of two years.

Millennials most likely to 'quiet quit' due to dissatisfaction

Two in five Millennials (40%) believe employers are responsible for offering promotions.

Average wage rate increases by 3.5% in Q4 2024

Manufacturing saw the highest increase.

HA completes construction of support services centre

It aims to enhance patient support services in public hospitals.

Hong Kong ranks fourth amongst Eid travel searches of Southeast Asians

Hong Kong’s climb into the top five reflects growing interest amongst Muslim travellers.

Comba Telecom suffers $564m net loss in FY2024

The decrease was attributed to the decline in revenue and gross profit.

Southa's new whitepaper seeks to reduce Hong Kong buildings’ carbon footprint

Buildings are responsible for 60% of the city’s carbon emissions.

Lands Department launches 3D map of Hong Kong Island

The map covers around 122,000 buildings and about 3,300 infrastructure facilities.