Staff Reporter
Hong Kong restaurant confidence index rises to 6 in Q4 2024
Hong Kong restaurant confidence index rises to 6 in Q4 2024
This was driven by stable revenues from traditional dine-in services and the expanding role of food delivery platforms.
Hong Kong construction industry to contract by 1-2% in 2024: JLL
Fit-out cost increases are expected to remain stable at 2% in the second half of 2024, FY 2025, and FY 2026.
Data standardisation and collaboration set to drive construction growth
These are deemed crucial for improving productivity, quality, and sustainability in the sector.
Hong Kong eyes medical innovation with new key initiatives
One goal is to create a ‘GBA Clinical Trial Collaboration Platform’.
Jobless rate unchanged at 3.1%
The underemployment rates of the manufacturing and financing sectors declined.
HK’s rental housing market stable in 2024
On average, the rental budget is around $14,000.
HK achieves record-breaking 539 FDIs 2024
The total investment brought to Hong Kong’s economy reached $67.7b.
London Metal Exchange approves Hong Kong as metal delivery point
This shows HK’s role as a “super connector.”
Towngas and Global Energy to advance green methanol as marine fuel
They will integrate production and logistics.
CBRE to sell prime real estate assets in Kowloon and Shau Kei Wan
These properties include an en-bloc building, a high-floor unit, and the entire 3/F of Manson Industrial Building at Shau Kei Wan.
HKCEC gets gold certification as Hong Kong’s first Halal MICE venue
Its the first MICE venue in Hong Kong to attain the highest level of certification.
Hong Kong’s real estate struggles as investment falls 13% in 2024
Investment activity totaled US$1.5b in the fourth quarter alone, marking a 29% YoY drop.
HK registers over 145,000 new local companies in 2024
Hong Kong also registered 1,079 new places of business for non-Hong Kong companies.
Over 1 in 10 Hongkongers replace meals with snacks: report
This trend is due to changing dietary preferences and consumer purchases.
Gov’t eyes enhancing HK’s port and maritime sectors
The government’s latest scheme aims to attract more shipowners to register in Hong Kong.
HSBC Life records 19.5% share in industry premiums for 9M 2024
The CEO attributed the growth to its HNW business.
Business outlook dim in Q1 amidst global uncertainties
All sectors expect their employment to decrease.
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