News

CK Hutchison mulls spin-off of telecom business

There is no guarantee that any transaction will take place.

CK Hutchison will not ink deal selling port operations near Panama Canal

Authorities will conduct an antitrust review of the port deal.

Gov’t introduces new housing bill

The bill will be taken up by the Legislative Council for first and second readings on 2 April.

Gov’t names new SFC appointees

The new appointees will serve a term of two years.

Millennials most likely to 'quiet quit' due to dissatisfaction

Two in five Millennials (40%) believe employers are responsible for offering promotions.

Average wage rate increases by 3.5% in Q4 2024

Manufacturing saw the highest increase.

HA completes construction of support services centre

It aims to enhance patient support services in public hospitals.

Hong Kong ranks fourth amongst Eid travel searches of Southeast Asians

Hong Kong’s climb into the top five reflects growing interest amongst Muslim travellers.

Comba Telecom suffers $564m net loss in FY2024

The decrease was attributed to the decline in revenue and gross profit.

Southa's new whitepaper seeks to reduce Hong Kong buildings’ carbon footprint

Buildings are responsible for 60% of the city’s carbon emissions.

Lands Department launches 3D map of Hong Kong Island

The map covers around 122,000 buildings and about 3,300 infrastructure facilities.

Cathay Pacific increases flight frequencies in Mainland

The airline will focus on the Beijing-Tianjin-Hebei and Yangtze River Delta regions.

Shangri-La Asia Limited profit drops by 12% in FY2024

The decrease was due to a $74.6m (US$9.6m) drop in net gains from non-operating items.

Hong Kong CIOs lead region in ESG-driven infrastructure shift

Half of CIOs in the city say environmental and governance factors influence all of their digital infrastructure decisions.

Exporters maintain optimism amidst tariff pressures

Most Hong Kong traders expressed a positive profit outlook.

Lands Department oversees 5,800 short-term tenancies in February

Around 60% of STTs serve daily life needs, whilst 40% support commercial use.