News

AXA launches new wealth management plan

AXA launches new wealth management plan

The series offers premium terms of five or 10 years in up to nine different currencies.

Unemployment rate rises in Q3

Total employment stood at 3.67 million, down 6,100 from Q2.

Cathay Cargo adds real-time customs statuses to EzyCargo platform

Real-time data feed cuts manual updates and improves cargo visibility

Lands Department offers four sites to brownfield operators via tender

Lots in North District, Yuen Long, Tai Po will be tendered for brownfield firms.

Hong Kong office sentiment weakens despite leasing interest

Firms are occupying spaces at both central and decentralised areas.  

Hang Seng Bank names former HSBC Hong Kong chief CEO

She will also chair the Operating Committee.

Prudential keeps business plans steady after D-SII designation

The insurer said it remains strongly capitalised.

Central Asia leverages China and the West for growth

The SCO summit spotlights Central Asia’s effort to deepen economic ties whilst maintaining balance.

Only 2% of Hong Kong firms are fully AI-ready: report

Only 52% of local firms think they can capture financial value in AI, Cisco study finds.

Hong Kong spent $130m in public healthcare in 2023/24

Care for ageing population was cited for increase.

Gov’t halts poultry imports from UK, Poland over bird flu outbreaks

The affected areas include Cheshire East, Ostróda, and Konin Districts.

Export volume up 12.4% in August

Imports rose 9.7% as mainland trade expanded.

BEA marks 40 years in Shenzhen with new Futian flagship

The new branch offers banking and wealth management services.

PAOBank, OneConnect to use advanced AI to fight deepfakes

The firms join Hong Kong’s fraud detection cohort.

Rising transport costs push Hong Kong part-time workers towards flexible roles

Nearly 45% said commuting costs make part-time work financially unsustainable.

Hong Kong’s first Chinese Medicine hospital to begin services in December

It is expected to provide full inpatient services by the end of 2030.