News

Six in 10 employers believe higher diploma graduates, degree holders on par

Starting salaries for both remain between $17,000 and $23,000.

Hong Kong property prices plunge amidst rising foreclosures

Banks are moving to recover missed mortgage payments.

HK exports up 0.3% in October

Imports of goods also increased by 1.5% over the same period.

Construction and Inland Revenue Bills up for second reading

The Stablecoins, Ozone Layer Protection, and Private Columbaria Bills will be introduced.

HA appoints members to new reform committee

The committee will be chaired by Henry Fan Hung-ling.

HK's gross national income rises by 4.2% YoY to $899.6b in Q3 2024

Mainland China contributed 40.3% of its primary income inflows.

Gov't seeks feedback on proposed amendments to Food Adulteration Regulations

The public can submit their views on the proposals via email or post until 16 February.

Gov't strengthens oversight of residential care homes operations

The Social Welfare Department updated the Code of Practice in October.

Almost 80% of mainland China, HK employers prioritise employee upskilling

Investors also reject choosing between workforce investment and artificial intelligence.

Gov't to adopt Crypto-Asset Reporting Framework to enhance transparency

It plans to begin automatic exchanges under the framework by 2028.

Hong Kong REIT’s current regulations hinder market growth

H-REITs operate under a unit trust structure leading to capital-raising challenges.

Strong household demand drives HK’s mini storage services

44% of operators expect rental and profit growth of 5% to 10% over the next years.

HK Express launches Hualien route

To meet Chinese New Year demand, the airline will operate seven flights per week for two weeks.

HA sets priority orders for house scheme applications

The results are available on the HOS webpage.

Customs, FedEx ink MOU to streamline cargo clearance

It aims to improve customs clearance efficiency for cross-border shipments.

Manufacturing industrial production down 0.1% in Q3

The producer price index for manufacturing industries increased by 3.2%.