Staff Reporter

UOB hikes GDP forecast to 2.9% despite rising inflation, economic headwinds

Hong Kong faces weak external demand and low consumer confidence, amongst other challenges.

Tune Protect and bolttech team up to launch travel insurance in HK

This follows Tune Protect's broader regional expansion strategy.

9 in 10 restaurants rely on delivery platforms for revenue during key events

87% expect delivery services to remain important to their business.

Gov't receives over 300k applications for new silver bonds batch

The total issuance amount is set at $55b and will be issued on 23 October.

HK Express launches direct flight to Shizuoka, Japan

This marks the airline's third Japan destination after Hiroshima and Sendai.

Airport Authority to expand gold depository as HK aims to be a global hub

It will increase its depository's capacity to 200 tonnes.

Gov’t awards second operation and management contract for two LPH projects

The projects will collectively provide a total of 2,438 LPH units.

Shipping Legislation and Rating bills set for second reading

The LegCo is also preparing to read the Hotel Tax Ordinance amendment.

Jobless rate holds steady at 3% 

The number of jobless individuals however dropped by 1,700.

ZJLD applauds liquor tax cuts, bright prospects for premium Baijiu trade

The company noted that this can boost both the liquor industry and local economy. 

Lee says new subdivided units policy balances demand and market health

He also noted that the new system does not intend to make what is illegal legal.

Landlords turn to semi-retail tenants as office vacancy pressure mounts

They have also been offering attractive leasing packages to secure tenants.