News
Gov’t to launch award system to combat tenancy abuse
Gov’t to launch award system to combat tenancy abuse
The Housing Authority will offer a $3,000 cash reward to informants.
Industrial warehouse rents to decline by up to 5% in 2025: CBRE
Rising trade tensions are set to dampen leasing demand and rental performance.
Tourists stabilise HK’s F&B sector amidst retail sales decline: CBRE
Total restaurant receipts declined by just 0.3% year-on-year in the first three quarters of 2024.
Legislative Council approves Companies Amendment Bill
The amendment ordinance will be published in the Gazette on 17 January.
Cathay Pacific flies to Rome, Italy starting 5 June
It will be the airline’s second direct connection in the country.
South African fintechs look to Hong Kong for funding
Tax perks and access to Africa await foreign investors.
ZA Bank to give out cash equivalent to 1 Bitcoin
You can earn points by doing crypto investment related activities in the app.
Lands Department issues 15 pre-sale consents for residential developments
It involves 8,114 units.
Tung Chung residential site for sale via tender
The site has a gross floor area of approximately 37,200 square meters.
New investment scheme to ‘relax’ asset assessments
It is expected to rake in $24b investment into Hong Kong.
Hotel Ease Tsuen Wen in Kwai Chung up for sale at $530m
It has a gross floor area of 107,000 square feet.
Towngas, Chi Shing partner to develop hydrogen power
It aims to focus on hydrogen power generation for construction sites and other applications.
Nanyang Commercial Bank warns against fraudulent websites
It has reported the case to authorities.
Paragon Capital expands into Hong Kong
The firm received two licenses to operate from the SFC.
BEA teams up with GRCB to expand WMC southbound business
GRCB is BEA’s first WMC partner bank outside the BEA group.
MPF Ratings records best annual result in 4 years
An extra $102.4b of investment returns were gained in 2024.
HK Express named fastest growing airline in 2024
Its number of flights grew nearly 50%.
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