News
Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates
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.
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.
HK launches consultation on basic housing unit proposed regulatory regime
It also plans to set up a registration system for existing SDUs.
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.
Import and export value dips 0.3% in 2023
Total receipts amounted to $4.2t.
New World completes sale of full stake in Kai Tak Sports Park to CTFE
The completion was done on 29 November.
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.
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