News
HK to subsidise 7 Guangdong residential care homes
This increases the number of care homes under the scheme to 11.
Gov’t announces ‘smooth’ first phase of plastic regulation
Sale of disposable plastic tableware will be prohibited in the next phase.
Manulife marks 25 years on HKEX with $400b market cap growth
The insurer currently serves over 2.5 million customers across Hong Kong and Macau.
Wet goods stalls auction revenue drops 31.39%
The average bid price for the wet goods stalls was $20,316.
Hong Kong rises to ninth in global cities ranking
It moved one rank higher.
UOB hikes GDP forecast to 2.9% despite rising inflation, economic headwinds
Hong Kong faces weak external demand and low consumer confidence, amongst other challenges.
Tune Protect and bolttech team up to launch travel insurance in HK
This follows Tune Protect's broader regional expansion strategy.
9 in 10 restaurants rely on delivery platforms for revenue during key events
87% expect delivery services to remain important to their business.
Gov't receives over 300k applications for new silver bonds batch
The total issuance amount is set at $55b and will be issued on 23 October.
HK Express launches direct flight to Shizuoka, Japan
This marks the airline's third Japan destination after Hiroshima and Sendai.
Gov't allows all non-local undergraduate students to take part-time jobs
The rule will cover around 20,000 students.
Airport Authority to expand gold depository as HK aims to be a global hub
It will increase its depository's capacity to 200 tonnes.
Cathay Pacific unveils new 777-300ER business class suite and upgraded economy cabins
These initiatives are part of the airline’s $100b investment.
Gov’t awards second operation and management contract for two LPH projects
The projects will collectively provide a total of 2,438 LPH units.
Shipping Legislation and Rating bills set for second reading
The LegCo is also preparing to read the Hotel Tax Ordinance amendment.
HKMA, banks launch new measures to boost SME financing and support
The initiative will launch five new measures.
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