Staff Reporter

Hong Kong tech hub risks delay amidst labour, tenant concerns

Hong Kong tech hub risks delay amidst labour, tenant concerns

The development will take at least 10 to 15 years to fully materialise and current market conditions could slow momentum.

Retail sales down 13% in February

Data for the first two months also fell.

Patient support scheme in Greater Bay Area extended to 2026

This will allow patients to receive subsidised consultation services.

Cathay and HKBAC expand JetLink transit service

This move leverages the growing “wing-to-wing” transfer service.

Cathay and Zurich collaborate for insurance and rewards programme

This will allow Cathay members to access insurance whilst earning air miles.

Consortium proposing ESR privatisation names senior adviser

Brett Robson will lead the implementation of strategic priorities and value-creation initiatives.

HKIA sets 6% illustration rate cap on HKD policies

Caps apply only to internal rate of return used in benefit illustrations at the point of sale.

Green offices lose pricing edge as supply expands

Hong Kong is seeing its green rental premium gradually shrink as the supply of certified space catches up with demand.

Hong Kong sees record private housing completions in 2024

The surge in completions was driven by concentrated supply in Kowloon City, Yuen Long, and Tuen Mun.

Gov’t announces board changes to HKTDC

The government reappointed Ronna Chao Wei-ting as a member.

CK Hutchison mulls spin-off of telecom business

There is no guarantee that any transaction will take place.

CK Hutchison will not ink deal selling port operations near Panama Canal

Authorities will conduct an antitrust review of the port deal.

Gov’t introduces new housing bill

The bill will be taken up by the Legislative Council for first and second readings on 2 April.

Gov’t names new SFC appointees

The new appointees will serve a term of two years.

Millennials most likely to 'quiet quit' due to dissatisfaction

Two in five Millennials (40%) believe employers are responsible for offering promotions.

Average wage rate increases by 3.5% in Q4 2024

Manufacturing saw the highest increase.

HA completes construction of support services centre

It aims to enhance patient support services in public hospitals.