Staff Reporter
Better Industry Opportunities as Usage of Healthcare Device Rises
Increasing adoption of IVD kits bodes well for Malaysia.
Total loans, advances down 1.2% in October: central bank
Loans for use in the market were down by 1%.
Foreign currency assets down by $25.5b in October: HKMA
The decrease was attributed to the sale of US$ under currency board arrangements.
Customs ratifies reciprocal trade facilitation for 13 markets
The government signed mutual recognition arrangement documents.
Bank of East Asia offers preferential interest rate to green mortgage customers’ time deposits
It follows in the footsteps of BEA’s Green Mortgage Plan.
Gov’t deficit rises to $275.75b
In August, the deficit was at $183b.
Approved mortgage loans drop 4.7% MoM in October
The drop was likely due to the decrease in applications during the same month.
Hong Kongers trust ‘Big Tech’ more than banks for banking services: survey
86% said they trust big tech as much as or more than banks.
New completions raise Grade A office vacancy rate to 11%: JLL
The completion of Two Taikoo Place contributed to the vacancy rate.
Hungry for money: 6 in 10 millennials will work more to increase their wealth
They are even willing to compromise their relations to maximise their riches.
Rising interest rates, weakening economy dampen residential property demand
Residential sales were down 18.8% MoM in October, according to the Land Registry.
DBS Asia Capital names Lindsay Chu as new CEO
Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.
HK, Guangdong launch cooperation projects on IP
The projects cover areas such as cross-boundary IP protection.
Exports value drop 10.4% YoY to $374.77b in October
The deterioration of the external economic environment contributed to the fall.
Grade-A Office rents down 1.8% MoM in October
The downward rental trend will continue for the rest of 2022.
Dah Sing Bank joins Mastercard’s Priceless Planet Coalition
As a banking partner, Dah Sing Bank will raise customer awareness towards reforestation.
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