Staff Reporter

Kennedy town site to be sold via public tender

The property was assigned for non-industrial purposes.

DBS Hong Kong wins Fintech award at HKB Technology Excellence Awards 2022

The leading financial services group in Asia redefines how SMEs can meet their working capital needs for business growth by plugging into their partners’ ecosystems and obtaining the merchants’ consent to share e-commerce data.

Gov’t deficit hits $183b 

The government took into account the proceeds of $20b received from the issuance of green bonds.   The government recorded a deficit of $183b in the first five months of the current financial year, taking into account the proceeds of $20b received from the issuance of green bonds.   There was a deficit because some major types of revenue like salaries and profits taxes are received towards the end of a financial year.    In the first five months, government expenditure was $319.2b, whilst revenue was $116.2b.

Gov’t to sell 3 residential sites in October-December quarter

The sites will provide about 2,500 units of flats.

Party time! Gov’t eases distancing measures in bars, clubs

The new measures will take effect on 6 October.

Sustainability in the workplace: In which areas should companies do more?

Workers (27%) think that their company is lagging in their sector in terms of sustainability efforts.

Cathay Pacific elevates chatbot performance with AI training platform

The platform helps chatbots provide more accurate responses to travel inquiries.

How are Hong Kongers attitude change whilst living with COVID-19?

Some have an increased desire to travel whilst some are still concerned about health.

What can push investors to increase their sustainable investments?

Investors have 24% of their portfolios allocated to sustainable funds.

Hong Kong set to enable new tax measures

The measures aim to tighten rules under BEPS.

Hong Kong sets sights on innovation and technology

The government has set aside $10b to enrich the I&T ecosystem.

Quota for private cars crossing Hong Kong-Zhuhai-Macao bridge raised

Up to 500 private cars can now cross the bridge per month.

Hong Kong may see negative economic growth in 2022

This is due to the rising cost of capital and tightening monetary conditions amongst others.