News
Gov’t to subsidise procurement of 3,600 EVs
Gov’t to subsidise procurement of 3,600 EVs
It will also provide at least 500 fast chargers throughout HK by the end of 2027.
Hong Kong construction output up 4.8% YoY in Q3
Public sector construction increased 29.8% to $30.4b nominally.
Philippines' Kho family sets up office in Hong Kong
This initiative aims to attract increased international capital inflows.
Hang Seng Index poised for recovery in 2025
It is seen to rebound to 23,200 points.
7 in 10 job seekers in HK, SEA open to remote work for foreign employers
Amongst talent, 55% cite the inability to relocate with family members as the top barrier to moving abroad for work.
Uncertainty looms over HK's economy amidst geopolitical tensions, anticipated Trump policies
Lower domestic interest will be positive for private consumption and investments.
Gov’t penalises company and director $60,000 for labor law violation
This was on top of the $34,000 to be paid to the employee concerned.
BEA saves 553,000 hours in processing time with UiPath
The bank has 77 attended automations as of December 2024.
Business receipts value up YoY in Q3 2024
A double-digit increase was recorded in transportation, financing, and insurance.
HK Express, AXA offer parametric delay benefit
If a flight is delayed by 90 minutes or more, passengers can claim a worldwide lounge pass.
HKMA adds new spatial dataset via Open API
It includes details on five types of self-service banking machines of 20 retail banks.
Residential prices inch up by 0.6% MoM in November
Overall residential market sentiment improved in Q4.
New bill adjusts exemption criteria for private columbaria licence
It will allow ‘pre-cut-off columbaria’ to continue operation and avert ash disposal.
HKRITA creates new lab for sustainable development of textiles
The 20,000-sq. ft. R&D space aims to showcase innovative solutions.
Towngas issues $552m asset-backed securities program in China
It targets industrial and commercial distributed photovoltaic and energy storage.
HKMA fines CITIC HK$4m over anti-money laundering breaches
The bank failed to generate alerts for suspicious transactions between November 2015 and July 2018.
HK Express launches flights to Phu Quoc, Vietnam
The new flight route marks the airline’s tenth destination in Southeast Asia.
Read Here
Advertise
Sign Up
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers