News
New World completes sale of full stake in Kai Tak Sports Park to CTFE
New World completes sale of full stake in Kai Tak Sports Park to CTFE
The completion was done on 29 November.
Financing sector records largest total receipts in 2023
Excluding banking, it increased by 2.2% year-on-year to $699.2b.
New bill cuts tax for assisted reproductive services
The tax deduction is one of the measures announced in the 2023 Policy Address to promote fertility.
HK eyes saving 160m kWh in fourth phase of energy efficiency scheme
The scheme now covers a total of 11 types of products.
PASS opens application for new project proposals
The deadline for the new round of applications is 28 February 2025.
Japan’s Kaneko Optical opens first directly managed store in Hong Kong
It offers handcrafted eyewear produced at the brand's factories in Japan.
Gov't updates safety code at work in confined spaces
The Labour Department will continue to conduct surprise inspections.
HK resumes multiple-entry IVS for Shenzhen residents
Currently, Shenzhen residents can only visit Hong Kong once a week under the IVS.
Hong Kong, Shenzhen sign health inspection MOU
It will ensure the safety and well-being of residents and travellers whilst facilitating customs clearance.
HK retail sales down 2.9% YoY in October
This follows a 6.9% decline last month.
IRD lowers tax reserve certificate interest to 0.5500%
This is a reduction from the current rate of 0.7167%.
Hong Kong, Guangdong sign equine, aquatic export agreements
It will improve quarantine and customs procedures for horses, forage feed, and biological products.
Mortgage loans up 9.5% to $19b in October
Applications increased month-on-month by 46.5% to 7,289.
HK announces 3 pilot areas of land disposal in Northern Metropolis
Each pilot area covers private residential, industry, and public facility sites.
Hong Kong posts $163.7b deficit in 7M 2024
Its expenditure is at $418b, whilst its revenue was $175.6b.
Gov't extends tender deadline for Kwu Tung North Development Area
The new deadline is set on 20 December.
Mayer Brown establishes two independent law firms in HK
Mayer Brown Hong Kong LLP comprises more than 20 lawyers.
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Commentary
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