News

New kiosks streamline HKID, passport applications

The kiosks are located at the Immigration Headquarters in Tseung Kwan O.

HK's exports set to grow by 4% in 2025

Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.

Cathay Group nears completion of two-year rebuilding project

Cathay Pacific and HK Express will reach 100% of pre-pandemic flights by 2025.

One in three Hong Kong users fall for scams despite detection confidence

63% of users reported they reused passwords across multiple sites.

Grade A office rents may drop 5-10% in 2025 amid weak demand

Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.

China Resources and Transportation Group posts $2.05b net profit in FY2024

This was primarily driven by a $2.43b gain on debt restructuring.

Hong Kong attracts 66 strategic enterprises

About 60% of these enterprises have set up new operations in the region.

Health Bureau considers merging Hong Kong Island Hospital Services

Under one cluster, hospitals treating acute and complex illnesses would be retained.

Everbright Water to buy electricity from Everbright Greentech Services

Everbright Greentech must supply electricity 181 million kilo-watts per year.

Home prices may rise up to 5% amid strong first-hand sales demand

Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.

TADA launches beta ride services in Hong Kong

Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.

Hong Kong direct investment stocks rise in 2023

Inward and outward DI rose by 6.2% and 3.8%, respectively.

Royal Caribbean to double HK homeport sailings in 2025

It is expected to bring 20,000 international visitors to Hong Kong.

Hong Kong central bank warns against unauthorized finance firm

The firm reportedly does not have authorization to take deposits.

Diffusion index down to 41.9 in November

Business receipts DI fell for business services, restaurants, and retail trade.

Gov't unveils roadmap for sustainability disclosure in Hong Kong

It mandates compliance with the ISSB standards for public entities by 2028.