News
Gov’t boosts transport services with new taxi regulations
Gov’t boosts transport services with new taxi regulations
Initiatives will commence in July, with more proposals in the pipeline.
Hong Kong Life unveils free consultation, medication on common ailments
It is available for its customers under its “Mannings PharmaCare” service.
Low engagement drains Hong Kong’s workforce productivity
Employee engagement in East Asia has consistently lagged the global average.
ZA Bank reports HK$548m net revenue and narrows losses by 42%
Net interest income is 86% higher in 2024.
Hong Kong deposits up 0.8% in March
HKD and total deposits rose, but renminbi deposits declined.
HSBC profit after tax down 30% in Q1
The gap was reportedly due to the over $3b it got from sales in Q1 2024.
HSBC group chairman Mark Tucker announces retirement
The HSBC board has commenced the process to select a successor, it said.
Gov’t projects 105,000 private flat supply in the coming years
There were 28,000 unsold units in completed projects at the end of March.
Gov't launches subsidy scheme as MPF offsetting arrangement ends
It will help cover employers’ severance and long-service payment costs.
Gov’t approves tax concessions bill
The measure cuts 2024-25 income and profits taxes by up to $1,500 per case.
Hong Kong office demand shifts to smaller units in early 2025: Colliers
Office cap rates ranged from 3.10% to 4.10%, retail from 3.25% to 5.00%, and industrial from 3.00% to 4.10%.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly.
Hong Kong workers save 30% of their monthly income: poll
They do so to achieve financial flexibility, said Hang Seng Bank.
Private flat supply estimate drops by 2,000 units
Only 105,000 units are expected in the next three to four years.
Suspected hacking reported at Kwai Tsing District Health Centre
Compromised data may include names and membership numbers.
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