News
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Hospital Authority tests drone delivery of medical supplies
The flight takes about 20 minutes compared with existing transport.
DKSH expands in HK, Macau amidst stronger Suntory partnership
DKSH will now provide full distribution services for Suntory Wellness products.
Foreign currency reserve declines in August
Foreign liabilities amounted to $31.7b.
HK, Mainland ink MoU on tropical agriculture cooperation
The agreement also establishes mechanisms for talent exchange and innovation.
Sino Land unit wins Tuen Mun lot for $1.089b
The land grant covers 50 years.
28 subdivided unit landlords face fines for tenancy breaches
They admitted to failing to file tenancy notices and charging tenants unlawful payments.
Kwun Tong (South) Outline Zoning Plan amended
Hung To Road site rezoned from “Commercial (1)”/“Business” to “Commercial (3)”.
Gross national income up 5.2% YoY in Q2
GDP for the same period was $785.2b, up 3.7% YoY.
Hong Kong ranks top 10 for cross-border land investment
Hong Kong also ranked seventh in the top global sources of cross-border capital.
Student housing gap may hit 120,000 by 2028
Non-local enrolment has climbed to about 92,000 in 2024/25, the report noted.
CBRE oversees public tender sale of Essex Crescent properties in Kowloon Tong
The market valuation of the property is approximately $400m.
Bloomberg supports insurers with HKIA sustainable bond dataset
It helps insurers comply with sustainable investment requirements.
HK, China sign MoU on infrastructure financing, securitisation
The two will explore Renminbi opportunities for infrastructure loan securitisation.
Cambodia's Canadia Bank expands to Hong Kong
The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.
Third round of RAISe+ Scheme application opens
Funding support of $10m to $100m will be provided to each approved project for eligible universities.
Six in 10 Hong Kong staff fear AI may erode critical thinking skills
Only 19% support the idea of AI agents operating in the background without human knowledge.
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