News
105,000 private flats to be available in next 3-4 years
105,000 private flats to be available in next 3-4 years
The figure is 2,000 less than the previous estimate.
BEA raises standards savings rate to 0.875%
Its HK dollar prime rate has been increased to 6.125% per annum.
Bank of China (Hong Kong) adjusts HKD prime rate to 5.875%
The savings deposit rate will also be adjusted to 0.875% for accounts with a $5,000 balance and above.
Reject cookies: 8 in 10 consumers prefer to engage with brands that collect data directly
In APAC, Hong Kong has the highest proportion of users who reject all cookies (24%).
Malaysia extends visa-free entry period for HKSAR passport holders
HKSAR passport holders can now stay in Malaysia for up to 90 days without a visa.
Hotel Ease ‧ Mong Kok for sale via expression of interest: Colliers
The 30-storey hotel has 199 guest rooms and is near an MTR Station.
HK offers 5th most expensive pay and benefits package for ex-pats in the world
This is despite a 2% decrease in the value of its ex-pat package.
HKEX, India Stock Exchange ink cooperation pact
The stock exchanges will promote sustainable finance in Asia amongst others.
Which sectors do Hongkongers prefer to work for the most?
The top industry saw a 3-point increase from 2022 in terms of attractiveness.
HK and Indonesia ink 15 deals on trading, commerce, and finance
The memoranda were signed during Chief Executive John Lee’s Jakarta visit.
HKMA raises its base rate to 5.75%
The new rate took effect on 27 July.
Exports value dips by 11.4% YoY to $337.4b in June
The pace of decline, however, has moderated.
HKMA exchange fund posts investment income of $110b in H1
The gains on bonds were at $58b.
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Keppel, HSBC join hands to create decarbonisation solutions
The parties will also explore cooperation on other energy transition opportunities.
Buildings department greenlights 8 building plans in May
Of the plans approved, three are on Hong Kong Island.
Luxury residential sales fall 12.9% MoM in June
Only 183 units got sold during the month.
Commentary
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