News

Gov’t proposes fire safety penalty hike

Violators may soon pay as much as $200,000.

Gov’t to liberalise cargo fuel surcharge

This will take effect 1 January 2025.

HK promotes legal services in the UAE

CJ Lam highlighted HK's role as a one-stop platform for nations accessing China.

CUHK study finds cognitive activities benefit older adults' brain health

It also decreases the risk of dementia in older people.

Govt greenlights tax relief bill

The bill will cut taxes on profit, salaries, and personal assessment.

Consumer price growth eases to 1.1% in April

Prices for transport, housing, and clothing saw increases in April.

Manulife, Mind HK launch anti-stigma campaign

The two-year partnership will begin with four programmes to launch in 2024.

Hong Kong leads in financial services with green initiatives

Hong Kong's pioneering green finance initiatives position it as a major player in financial services.

97% of consumers prefer traditional banks for top-of-wallet credit card: report

However, most respondents said they opt for other lenders for additional credit products.

Hong Kong's card payments market poised for 12.2% growth in 2024

The local card payments market will be worth $1.3t by year-end.

Nearly 9 in 10 use mobile wallets for payments in HK: study

This is expected to increase amidst efforts to push for electronic payment.

Hong Kong central bank extends deputy chief exec’s appointment for 2 years

Yuen will continue in his role for two more years beyond retirement age.

Gov’t approves 15 building plans in March

Six of the projects will provide 57,290 sq.m. of gross floor area for domestic use.

Two banks in Hong Kong warn against phishing emails

Tai Sang Bank cautioned against emails claiming to be from its chairman.

PolyU's fungus-based fat replacer targets obesity, elevates gut health

Hotel ICON has incorporated the alternative to reduce fat in soft serve and desserts.

Hong Kong imposes 14-year license ban on ex-Prudential agent

The agent scammed policyholders to transfer RMB2.35m into his bank account.