News
HK posts second-highest business class travel growth in 2024
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.
HKMA, AMCM unveil direct linkage for cross-border bond investment
This initiative aims to promote the development of bond markets in both regions.
What are the top 10 in-demand jobs in 2025?
Hays emphasised that 38% of businesses in Hong Kong are keen to expand their workforce in 2025.
uHoo secures US$3.7m funding to expand B2B segment
To support its expansion in the B2B segment and drive the development of new hardware and software products.
AXA partners with Prosper Health for cross-border cancer care
Benefits include second opinions, insurance pre-approval assistance, and P-to-P transfers.
Hong Kong launches new dedicated nurse clinic, allied health services
These form part of its Chronic Disease Co-Care Pilot Scheme.
Embattled Country Garden Holdings resumes trading
This comes after a halt in trading for more than nine months.
Cathay Pacific’s carried passengers jumps 30% YoY in 2024
The airline carried more than 2.2 million passengers in December 2024.
539 overseas firms expand in HK
This is the highest number of companies assisted by InvestHK to date.
Hang Lung secures $10b through five-year syndicated loan facilities
The funds will be used to refinance debt and provide additional working capital.
Consumer prices up 1.4% in December
Price hikes were seen in categories such as alcoholic drinks, tobacco, and electricity.
Unemployment rate stays at 3.1%
The underemployment rate also stayed steady at 1.1%.
Hong Kong restaurant confidence index rises to 6 in Q4 2024
This was driven by stable revenues from traditional dine-in services and the expanding role of food delivery platforms.
Hong Kong construction industry to contract by 1-2% in 2024: JLL
Fit-out cost increases are expected to remain stable at 2% in the second half of 2024, FY 2025, and FY 2026.
Hong Kong eyes medical innovation with new key initiatives
One goal is to create a ‘GBA Clinical Trial Collaboration Platform’.
Jobless rate unchanged at 3.1%
The underemployment rates of the manufacturing and financing sectors declined.
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