Staff Reporter
Deliveroo Hong Kong taps Nick Price as new general manager
Deliveroo Hong Kong taps Nick Price as new general manager
Price will oversee Deliveroo’s business in the city.
HK, Saudi Arabia ink investment promotion pact
The pact will strengthen economic relations between the two markets.
GBA to form an online dispute resolution platform
The platform will integrate information and resources related to mediation and arbitration.
Klook bags US$210m funding
Bessemer Venture Partners led the equity funding round.
Hong Kong students outperform peers in scientific and mathematical literacy
Students ranked 4th and 7th in the respective categories.
Gov't sets up Hong Kong Academy for Wealth Legacy
The institute will focus on four key areas.
6 in 10 employees want more support from employers on health and well-being
Employees cite five preferred elements of health programmes from employers.
Finance, consultancy, legal, and tech firms drive in-office catering
In 10M23, Deliveroo recorded a 33% YoY growth in average order value.
China’s EV battery giant CATL to set up HQ, R&D centre in Hong Kong
CATL plans to employ 500 workers in Hong Kong within five years.
Hong Kong publishes revised code of banking practice
Institutions are expected to achieve full compliance within 6 months.
Two extreme typhoons push claims incurred to HK$1.9b – HKIA
Property damage and motor businesses were the two most affected lines of business.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
Hong Kongers used credit cards more on average in Q3: study
Card origination volumes contracted, but average card limits are higher.
Swire Properties will buy back shares worth $6b from the open market
It will commence its buyback programme on 6 December.
Cathay buys back 50% of preference shares it issued to the gov’t
It plans to buy back the remaining shares by the end of July 2024.
Hong Kong’s Green Revolution: A New Era of Sustainable Development
Racing against the climate clock, Hong Kong is taking decisive action. With a bold goal to slash carbon emissions by 50% within the next decade, and a vision for carbon neutrality by 2050, Hong Kong is leading the charge in the battle against global warming.
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+