News
HKT to see debt drop over stake sale: S&P Global
HKT to see debt drop over stake sale: S&P Global
Demand in mobile roaming and growth in broadband and local data services to drive profits.
Residential property sales in April reach decade-high at 8,500 units
The increase was due to the withdrawal of cooling measures.
Grade A office leasing surge 70% YoY in Q2
A total of 964,500 sq ft was leased during the period.
6 in 10 HK employers to hire contractors in 2024
Key reasons for this include short-term project flexibility, budget constraints, and the need for specialised skills.
Sun Life debuts comprehensive ECO system for wealthy families
The insurer is partnering with HealthMutual Group.
Breadwinners support at least 3 relatives financially: survey
Breadwinners support spouses/partners, parents/in-laws, and children.
Hong Kong eyes low-altitude economy
It will focus on developing Advanced Air Mobility (AAM) technologies.
Hong Kong enhances Deposit Protection Scheme
It raises the protection limit from $500,000 to $800,000.
Hong Kong's AI adoption slowed by data and skill gaps
Over half of Hong Kong organisations have not yet deployed use cases that truly require AI.
One Vista commercial buildings in Hong Kong’s New Territories go up for sale
The portfolio includes a 10-storey commercial block with retail podium and a 30-storey office building.
Retail sales decline 11.5% in May
The decline was due to the changes in consumer spending and the weakening Hong Kong dollar.
Hong Kong IPO market slated for resurgence in H2
PwC Hong Kong is “cautiously optimistic” for the market.
Hong Kong appoints review committee for public hospital system management
The committee will offer recommendations within three months to ensure quality healthcare delivery.
InvestHK aids 322 firms in expansion to Hong Kong
This brought $38.3b into Hong Kong’s local economy.
Bupa's $180m in cancer claims leads to new service
Cancer accounts for one in 10 health insurance claims.
Gov’t to to enhance trade services liberalisation with China
The new measures will offer Hong Kong businesses more opportunities in China.
New citizen travel card launched for Hong Kong & Macao permanent residents
The card will begin getting issued on 10 July.
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