News

Gov't eyes simplified permitting process for car travel

Gov't eyes simplified permitting process for car travel

Four amendments seek to facilitate and simplify arrangements for cross-border vehicles.

Women mentoring scheme begins

Over 80 female university students will be guided by 50 women leaders.

Hong Kong’s salary increase falls in 2025, but will recover in 2026

The 3.7% increases this year are lower than APAC’s 5.1% average.

HKGX appoints China CITIC Bank International as settlement bank

The bank will provide HKGX services such as account opening for its members.

Public Financial returns to profit with $2.6m net gain in H1

The recovery was led by higher net interest income which rose to $530.5m, a 13% increase from $470.7m in 2024. 

Leoch International Technology issues profit warning

Profit attributable to shareholders will likely decrease 60% to 80% year-on-year.

Hong Kong office performance declines sharply in Q2

Rental dropped by 7% year on year and is expected to continue.

Company registrations hit record 1.49 million

A total 1.49 million local and 15,509 non-local company registrations were recorded in Hong Kong.

Works on Oyster Bay Station project suspended

The BD and EMSD assured the upheavals did not affect the supporting structure and operational safety of the railway tracks.

Gov’t fines Asiasec Properties’ ex-secretary $1m for insider dealing

It stemmed from insider information regarding the sale of Dan Form's controlling stake.

HSBC names Airport Authority HK chairman as new board member

Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.

Unemployment rate stays at 3.5% in April-June

Underemployment rate is also unchanged at 1.4% within the period.

Housing Bureau, NAMI ink MoU on construction technologies

The collaboration includes developments on intellectual property management, patent protection, and technology licensing and commercialisation.

Gov’t to resume Kowloon City land urban renewal

A total of 1,009 property interests will be resumed.