Staff Reporter
Govt receives 27 bids for smart and green mass transit project
Govt receives 27 bids for smart and green mass transit project
Contracts will be awarded in 2027.
Hong Kong applies tax deduction for assisted reproductive services
The maximum deduction allowable for a year of assessment is $100,000.
Hong Kong unveils 2025-26 land sale plan
This includes eight residential sites.
Mortgage loan approvals fall 2.1% in January
The number of mortgage applications increased 3.3%.
Hong Kong to raise capital for infra expansion
Capital works expenditure will increase to about $120b annually from the previously estimated $90b.
Gov't introduces one-off tax cut for 2024/25 tax year
A 100% reduction in profits tax, salaries tax, and tax under personal assessment has been proposed.
Govt adjusts stamp duty rates on property transactions
For properties valued up to $4m, buyers will pay a nominal duty of $100.
Hong Kong professionals turn to contracting as career goals shift
83% of professionals in Hong Kong see contracting as an industry with strong career growth opportunities.
Four in five Hong Kong entrepreneurs hold multiple residencies: report
HSBC said Hong Kong ranked second only to New York in terms of ultra-high-net-worth residents.
Hang Seng Bank executes pilot trades under RMB Trade Financing Liquidity Facility
It is one of the first banks to participate in the facility.
Hong Kong to review listing rules and virtual asset licensing
It will also explore enhancing measures for the issuance and transaction of digital bonds.
Hang Seng Bank welcomes HK budget initiatives
Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans.
Sino Land profit drops 30% to $2.2m
Despite the decrease, the company maintained its interim dividend at 15 cents per share.
Stamp duty cut to boost demand in Hong Kong’s lower-end housing
For a $4m property, buyers will now pay $60,000 less in taxes, which could help stimulate demand in the lower-end housing market.
Transparency needed to boost confidence in Northern Metropolis: analysts
An analyst also pointed out that developers are hesitant due to unclear government policies.
What analysts have to say about Hong Kong 2025-26 Budget
PwC and KPMG commend efforts to bolster AI and asset management sectors in Hong Kong.
HKPC, HKTDC back Budget’s push for innovation, SME growth
Both organisations reaffirmed their commitment to working closely with the government.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+