News
6 in 10 businesses expect improved performance in 2024
6 in 10 businesses expect improved performance in 2024
Optimistic firms want to focus digitalisation efforts this year.
FWD Group revives Hong Kong IPO plans: Report
The insurer could aim for a valuation of up to $9b in an IPO.
Country Garden wind-up petition further adjourned to 29 July
This follows previous announcements made on 28 February, 4 March, and 17 May.
Hong Kong's EV insurance market to grow 30% by 2026
Rising EV popularity will drive demand growth for insurance.
Life insurance reaches new high in Hong Kong
This marked a 57% year-on-year in annualised new premiums.
Existing credit card usage up, new card interest down
Credit card enquiries decreased by 8% YoY in Q1 2024.
Millennials lead job shift plans in Hong Kong
Around four in 10 millennials intend to switch jobs.
Exhibition numbers in Hong Kong rise 30% in 2023
2023 figures were still behind pre-pandemic levels.
MTR introduces overnight trains to Beijing and Shanghai
The new service will cut travel time to Beijing and Shanghai by half.
Gov't creates office for medical products regulation planning
The body will review existing laws for possible amendments.
Shangri-La's debut panda bond subscribed 4.09 times
It bore a coupon rate of 2.5%.
SIA and Cathay partner to advance sustainability in the airline industry
The airlines will promote sustainable aviation fuel in APAC.
ArtBiz Asia Launches Third Edition, Enhancing Art's Role in Integrated Resorts
Featuring a series of industry-led forums, ArtBiz Asia’s latest edition underscores the integral relationship between the arts and commercial sectors, fostering innovation and cultural growth within tourism and resort management.
Govt to raise salaries for civil servants by 3%
The pay raise proposal considered six socio-economic factors, including living costs.
Property sales suffer 25.5% MoM decline in May.
Year-on-year, however, sales rose 39.3%.
Mezzofy secures $2M investment for digital coupon innovation
The funding round was led by Isola Capital’s IPVF VII.
Outdated financial methods cost SMEs $160,000 annually
To help solve the issue, KPay launched a unified pay-in/pay-out platform for SMEs.
Commentary
Why the impact of AI is being underestimated and how it will transform business productivity in Hong Kong
The strategic decarbonisation model for Hong Kong real estate
The survival playbook for the CEO amidst geopolitical conflicts