News
GDP expands by 2.5% in 2024
GDP expands by 2.5% in 2024
Value added in all service activities taken together increased by 2.2% in 2024.
SFC issues new guidance on IPO subscription, financing services
This aims to enhance risk management practices and protect investors from financial risks.
Prudential Hong Kong introduces ophthalmology direct billing at EKMC
EKMC is the first full-block ambulatory medical centre under HKBH.
Hong Kong tourism struggles with shorter stays, lower spending
Visitor spending drops 19% in 2024.
HSBC nabs Deutsche banker for North Asia and HK head of Global Private Banking
She joins from Deutsche Bank.
Gov’t extends tender period for two MSB sites
The government also revised the conditions for these two tenders.
Gov’t rolls out first batch of low-altitude pilot projects
These initiatives cover emergency rescue, logistics, safety inspections, and surveillance, amongst others.
Hong Kong takes third spot in global financial centres index
Hong Kong’s overall rating rose by 11 points.
Cathay Pacific sees 14.3% YoY rise in February passenger volume
Cathay Pacific and HK Express set a new post-pandemic record on 2 February.
Consumer prices up 1.4% in February
Prices rose in categories such as housing, transport, and electricity.
CK Hutchison posts $20.83b profit in 2024
Total revenue for the year was $476.68b.
HKMA issues caution after Fed holds interest rates steady
Federal funds target range remains unchanged at 4.25% to 4.50%.
High vacancy rates force landlords to rethink office strategies
Traditional office spaces are losing appeal as tenants prioritise flexibility, sustainability, and multi-functional environments.
Informa Markets Asia, HKECIA partner to drive sustainability in exhibitions
The initiative aims to eliminate disposable exhibition stands by encouraging the use of reusable and cost-effective alternatives.
EU blacklists 20 Hong Kong firms for alleged trade violations
The US Office of Foreign Assets Control also sanctioned companies allegedly involved in financial transactions.
Firms grapple with workforce demands and talent gaps: report
C-suites and HR professionals struggle with hiring the right talent.
Bill expanding Therapy access to be Gazetted on 21 March
Its first reading at the Legislative Council is on 26 March.
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