News
KPMG Hong Kong to host series of events in 2025 for 80th anniversary
KPMG Hong Kong to host series of events in 2025 for 80th anniversary
The firm introduced the new banner “80 Years of Trust”.
Gov’t reports 10.4% MoM drop in property deals in January
This decline was due to the Chinese New Year holiday.
Residential site at 93 & 95 Hau Wong Road on sale via tender
The tender will close on 18 March.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
HK property sales drop 10.4% in January
Total consideration for these agreements reached $36.7b,
Why Hong Kong’s retail recovery is taking longer than expected
Total retail sales decreased by 7.1% YoY.
AS Watson appoints Clarice Au as CEO of Retail Hong Kong
She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.
Hongkong Land debuts on Dow Jones Sustainability World Index
The company ranked amongst the top 6% in the property sector.
HK’s retail sales decrease by 7.3% YoY in 2024
Retail volume also decreased by 9%.
Hong Kong’s economy expands by 2.5% in 2024
Exports and imports of goods recorded YoY increases of 4.7% and 2.3% respectively.
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
HK exports up 5.2% in December
In contrast, imports dropped by 1.1% to $441.2b.
Public vote for HK's quality taxi drivers opens
The public can vote online or by scanning the QR code on promotional materials until 31 May.
CSI Properties plans to raise $2b in fundraising initiative
It will be used to enhance liquidity and repay maturing indebtedness.
HK gov’t debt hits $293.2b
Fiscal reserves stood at $664.1b.
HK suspends poultry import from parts of Poland, the UK
This is due to reported outbreaks of highly pathogenic H5N1 avian influenza.
Hong Kong’s updated tax rules offer relief for leased property costs
The Inland Revenue Ordinance now allows deductions for restoring rented spaces.
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Commentary
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