Staff Reporter

Hong Kong rate cuts to drive investor interest in 2025

Lower rates will attract institutional and property funds to value-driven opportunities.

Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates

It will decline to 2% from 2.6% in 2024, Deutsche Bank said.

KPay raises $55m in series A funding round

It will use the funds for M&A opportunities and to double its partnerships.

QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants

It is designed for HK-based merchants expanding in the US market.

HKPC to offer two subsidy measures to strengthen industrialisation

A 30% concession of manpower cost will be offered to an applicant.

Hong Kong Airlines to resume direct flights to Canada

The airline now covers over 30 destinations.

HKSTP, China Resources launches I&T talent initiative

The "Beyond Dreams" initiative is supported by a $100m donation from the CR Charitable Foundation.

Gov’t launches consultation on toy safety updates

The affected product categories include babies' dummies, baby walking frames, and bottle teats.

HK launches consultation on basic housing unit proposed regulatory regime

It also plans to set up a registration system for existing SDUs.

Health Department approves VELSIPITY for severe ulcers

The number of UC patients in China is projected to double by 2030.

Four more hydrogen fuel trials approved

To date, agreement-in-principle has been given to a total of 18 projects.

Financing sector records largest total receipts in 2023

Excluding banking, it increased by 2.2% year-on-year to $699.2b.

New bill cuts tax for assisted reproductive services

The tax deduction is one of the measures announced in the 2023 Policy Address to promote fertility.