News
Fewer private flats expected in next 3-4 years
Fewer private flats expected in next 3-4 years
Around 27,000 units in completed projects were not sold last year.
Tender for light housing management at Olympic Avenue opens
The deadline for submissions is 14 March 2025 at noon.
Aluminum Corporation of China enters Hang Seng, CSI index
This brings the total number of constituent companies to 50.
60,000 participants join successful stress test at Kai Tak Sports Park
The goal was to ensure the park’s readiness for its opening this quarter.
WeChat Pay HK extends services to small merchants in Mainland
The system automatically converts Renminbi payments to Hong Kong dollars.
Over 8 in 10 HK startups anticipate growth in 2025
Of these, 37% even predict their businesses will double in size.
Hong Kong urged to explore new revenue strategies
CPA Australia suggests raising fines and penalties and raising tobacco duties from the current 65%.
Cathay Pacific issues statement on food poisoning case
43 passengers developed symptoms of food poisoning.
Hong Kong fintech association unveils AI advisory council
It will serve as the industry voice to share best practices, amongst others.
Nearly 15% of HK adults lag in physical activity: report
However, the health department noted an improvement in inactivity levels compared to 2020-22.
Hospital Authority begins recruitment for new chief executive
The initiative follows Dr Tony Ko's decision not to seek reappointment when his term ends in July.
Only 29% of Hongkongers are optimistic about the upcoming year
57% of Singaporeans report high confidence in achieving their goals.
Hong Kong economy to log 2.7% growth in 2025
Logistics and trade remain under pressure from regional competition.
Hong Kong needs to raise taxes to counter budget deficit— IMF board
Continued weakness of land premium revenues is a problem.
HK Express resumes direct flights to Nha Trang, Vietnam
It will operate four weekly flights to Cam Ranh International Airport (CXR).
HK posts second-highest business class travel growth in 2024
Asia leads in YoY growth for premium travel.
Gov’t to streamline approval of traditional Chinese medicines for oral use
It will apply to traditional pCms used in Hong Kong for more than 15 years.
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Commentary
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