News

CMHK to terminate 3G services on 30 June

CMHK to terminate 3G services on 30 June

3G users accounted for only 0.25% of its mobile subscription base.

HKMA, Cyberport launches second cohort of GenA.I. Sandbox

This comes amidst positive feedback from the inaugural launch.

Gov’t signs tax pact with Bahrain

The new tax rules will apply on 1 April 2026

Hong Kong private home prices continue to fall in early 2025: report

Private domestic price index for all classes fell to 284.7 in February 2025, down from 337.4 in 2023.

Gov’t proposes ban on konjac in jelly mini-cups

The treats were potential choking hazards for children and the elderly.

HK, Zhejiang strengthen ties with new cooperation mechanism

The new mechanism covers 13 collaboration areas, with four agreements on I&T, housing, trade, and youth.

Gov’t proposes new tobacco control bill

10 short-term measures were introduced, with eight requiring amendments to existing laws.

Housing Bureau opens two tenders for light public housing

The deadline for submissions is 13 June at noon.

Hong Kong’s insurance premiums reach $83b in 2024

Both long-term and general insurance sectors registered notable increases.

Public healthcare fee hike to take effect on 1 January 2026

The $400 A&E fee and regularised refund arrangements will also take effect.

HK firms to embrace AI agents to combat worker burnout: Microsoft

To cope, 76% of local business leaders plan to deploy AI-driven digital labour in the next 12 to 18 months.

About 7 in 10 residents see Super March as economic boost

55% were aware of the campaign, with social media cited as the primary source of information.

HKEX to establish new headquarters at One Exchange Square

HKEX bought the asset for $6.3b from Hongkong Land.

Gov’t approves 5 building plans in February

The projects were located across Hong Kong Island, Kowloon, and the New Territories.

Development Bureau receives eight EOIs for marina development

Enterprises who submitted include local and overseas developers.

HA draws ballots for White Form Secondary Market Scheme priority ranking

Over 80% came from young applicants applying to the newly implemented WSM Youth Scheme.