News
Hong Kong records BOP surplus of $31.4b in Q4 2024
Hong Kong records BOP surplus of $31.4b in Q4 2024
The current account recorded a surplus of $96.3b.
Property-related income essential for GREs’ services: report
The reports forecasts the Urban Renewal Authority would receive extraordinary support.
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
HK, Informa Markets Asia drive sustainable solutions in exhibition sector
It aims to support Informa’s initiative to reduce waste through reusable stand solutions.
Health department probes water seepage at HK hospital
The leak took place during an eye surgery procedure.
GDP expands by 2.5% in 2024
Value added in all service activities taken together increased by 2.2% in 2024.
SFC issues new guidance on IPO subscription, financing services
This aims to enhance risk management practices and protect investors from financial risks.
Prudential Hong Kong introduces ophthalmology direct billing at EKMC
EKMC is the first full-block ambulatory medical centre under HKBH.
Hong Kong tourism struggles with shorter stays, lower spending
Visitor spending drops 19% in 2024.
HSBC nabs Deutsche banker for North Asia and HK head of Global Private Banking
She joins from Deutsche Bank.
Gov’t extends tender period for two MSB sites
The government also revised the conditions for these two tenders.
Gov’t rolls out first batch of low-altitude pilot projects
These initiatives cover emergency rescue, logistics, safety inspections, and surveillance, amongst others.
Hong Kong takes third spot in global financial centres index
Hong Kong’s overall rating rose by 11 points.
Cathay Pacific sees 14.3% YoY rise in February passenger volume
Cathay Pacific and HK Express set a new post-pandemic record on 2 February.
Consumer prices up 1.4% in February
Prices rose in categories such as housing, transport, and electricity.
CK Hutchison posts $20.83b profit in 2024
Total revenue for the year was $476.68b.
HKMA issues caution after Fed holds interest rates steady
Federal funds target range remains unchanged at 4.25% to 4.50%.
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