Staff Reporter

HK and Macau conduct drill for cross-boundary ambulances scheme

The pilot scheme's next phase will be considered upon operational experience.

HSBC wins Hong Kong Business Technology Excellence Award for pioneering AI and data innovation

The company’s advancements have significantly enhanced data accessibility, operational efficiency, and customer service whilst ensuring robust compliance and cost savings.

HK ranks 4th amongst leading global sources of cross-border capital

Top three asset classes include the industrial, multifamily offices, and office sectors.

Hong Kongers sceptical of tech progress despite recognising future potential

About half of citizens said technological progress harms people's lives.

Interest rate cut in retail set to boost disposable income

The single-digit vacancy rate in high-street shop rents grew by 1% QoQ in Q3 2024.

HK Express launches direct flights to Hualien starting 12 December

It is the airline’s fourth destination in China. 

Grade A offices rent fell 16% QoQ in Q3

Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.

HK suspends poultry imports from Hungary, US due to H5N1 outbreak

This comes after a notification from respective organisations about the cases. 

Gov't calls on businesses to use plastic alternatives as deadline nears

The regulation has driven a trend of waste reduction across sectors.

HK launches $3b Artificial Intelligence Subsidy Scheme

Eligible users may be subsidised up to 70% of the service list price.

Industrial leasing market weakens in Q3

Warehouse vacancy rates rose to 8.4%.

Mei Tin Road site in Tai Wai up for sale via tender

The site was later added to the land sale programme due to positive market responses.

HKMC profit falls to $9m in 1H 2023

It is due to a decrease in property prices affecting the reverse mortgage business.

HKVAX obtains SFC Type 1, 7, and AMLO licences

These licences authorise HKVAX to operate as a regulated virtual asset trading platform in Hong Kong.