News

Sunlight REIT's NPI drops 5.3% YoY in 2025

Sunlight REIT's NPI drops 5.3% YoY in 2025

The REIT also posted declines in revenue and distributable income.

Hong Kong loses $7.52b to fraud as AI use rises

Money laundering in the city hit $17.28b amidst increased AI-driven schemes.

SME receipts index rises to 45.3 in February

Business receipts improved in all surveyed sectors.

Towngas fuels Hong Kong’s first 200-tonne ‘SIMOPS’ bunkering

COSCO vessel bunkered certified green methanol during cargo operations at Kwai Tsing.

Cathay Pacific suspends Dubai and Riyadh flights through March 31

The airline has grounded both passenger and freighter services, citing an urgent security-led pivot.

Cathay Pacific marks 80 years with Hong Kong art livery

The aircraft entered service after unveiling.

JLL opens $300m tender for Belvedere in Chung Hom Kok

The sale follows an 'as-is' basis with investment options.

Chinachem Group, City UHK, Hang Seng Bank partner to drive green, silver economy

The three parties will release a white paper on strategies and scalable models to steer economic and social growth.

Hong Kong Q4 port cargo hits 44.8m tonnes

Containers fall 5.6% as outward cargo jumps.

Tech investor acquires Nexxus Building for smart office revamp

Trivium will apply smart building systems to the former Hang Seng Bank HQ in Central.

Hongkong Land swings to $1.61b profit after 2024 loss

The company recovered despite lower underlying earnings.

Concord New Energy's February output drops 8.28% YoY

Attributable solar output fell 22.34% to 69.68 GWh.

Budget surplus hits 1.5% of GDP ahead of forecast

Stock duties and profit tax boost the region’s budget.

DBS Hong Kong improves SME digital account opening across 140 markets

It partnered with Know Your Customer for the AI automated solution.