Frances Gagua

Hong Kong introduces one-off subsidy for citizens in transitional housing

As many as 35,000 are expected to benefit from the trial scheme.

DBS Hong Kong finalises HK$800m green loan with HSH

KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.

Unlocking the real value of AI’s productivity revolution

By Lawrence Chia, group chairman and CEO of Pico Far East Holdings Limited.

Jobless rate at 2.8% in May-June 2023

The number of unemployed people dropped by 1,900 compared to April-June.

Population up 2.1% as residents return from overseas

About 170,000 residents who were staying abroad have returned.

Hong Kong employees express dissatisfaction with their jobs, salaries: study

Of 1,000 employees, only 30% said that they find fulfillment in their jobs.

Hang Seng Bank warns of phishing emails, fake website

The bank reminded customers that it will never ask them to log in through embedded links.

Hong Kong GDP to grow 4% to 5% in 2023

Full-year GDP growth is now expected to fall between 4% to 5%.

Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts

The digital investment platform held a seminar alongside the product’s launch.

HSBC’s records $12.9b pre-tax profit for H1

This is $12.9b higher compared to the first six months of 2022.

Bank of China Hong Kong to conduct system maintenance in 6 August

Services affected include ATM transactions and the BOCHK website.

Bank of China Hong Kong warns of fraudulent website

The case has been reported to the HKMA and the local police force.

BEA raises standards savings rate to 0.875%

Its HK dollar prime rate has been increased to 6.125% per annum.