News

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.

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.