News

Taxpayers missing out on tax-deductible benefits: Manulife survey

Hong Kongers were asked about tax-deductible solutions and only answered 4 out of 14 correctly.

Cathay Pacific passenger traffic rises 47.9% YoY in February 2022 

This was due to post-Chinese New Year traffic and student traffic.

Hongkong Land offers $15m for unprivileged people, rent relief

A total of $5m was allocated to help unprivileged communities, tenants, and workers.

Residential transaction volume to drop 49% YoY in Q1 2022

The expected volume will be the lowest recorded since early 2020.

What’s next for the exchange-traded funds market? PwC explains

The market is ready for product development transformation.

SME receipts diffusion index dips to 29.9 for February

The logistics and real estate sectors saw the most dips at 20 and 25.9, respectively.

HKSTP, Infineon launch microelectronics incubation programme

The three-year programme aims to nurture startups in the microelectronics sector.

Cathay Pacific cuts losses from $21.6b to $5.5b loss

Despite this, the current restrictions in place for Hong Kong show a bleak outlook.

Slow down of launches to spur competition in the residential market: JLL

2022 saw the number of applications for pre-sale consent surge to 7,094, the highest ever recorded. 

Deliveroo expends $2m in plastic-free incentives with restaurants

This was the result of a partnership between the delivery company and Sustainabl.

OLA to continue subsidy efforts under Anti-Epidemic Fund's 6th round

The application period is set to last until 17 March.

Port cargo throughput decreased 14.3% YoY

The total throughput recorded was 213.7 million tonnes.

AIA acquires Blue Cross for $1.53b

This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA.