Noreen Jazul
HTX platform withdraws license application in Hong Kong
HTX platform withdraws license application in Hong Kong
It withdrew three days after it lodged its application.
Cathay Pacific’s passenger volume soars 66.4% YoY in January 2024
The airline carried 1.7 million passengers during the month.
Hong Kong eyes late 2024 to early 2025 for LNG bunkering
Transport Minister Lam Sai-hung noted, however, that supply remains a challenge.
Hong Kong draws on Singapore for modern, green port development
Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.
Unemployment rate stands at 2.9%
There were 102,600 unemployed people from November 2023 to January.
Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
Gov’t issues $6b digital green bonds
The two-year bonds are under the Green Bond Programme.
HKIA issues $5b retail bonds at 4.25%
The bonds have a tenor of 2.5 years.
Hong Kong banks, telcos seek tech-savvy legal professionals
In addition to tech expertise, there’s also a growing demand for soft skills.
Economy grows 4.3% YoY in 4Q23
For the whole of 2023, GDP grew 3.2% YoY.
Exports value rises 11% YoY to $386.4b in December 2023
The pace of increase has picked up.
HKIA sees record passenger and flight movements in December
In December, passenger volume increased 1.7 times YoY to 4.3 million.
Consumer prices rise 2.4% YoY in December
The December inflation is lower than the November record of 2.6%.
Housing market to enter a phase of ‘relative surplus’ between 2024-2027
JLL noted that the annual average sales of new homes in Hong Kong is only 16,400.
Jobless rate unchanged at 2.9%
The total number of unemployed people stands at 105,700.
3 Hongkongers enter Forbes’ 50 Over 50 Asia list
One of the awardees is incoming HKEX CEO, Bonnie Chan.
Housing Bureau inks MoU on construction industry transformation
The MoU covers three areas for collaboration.
Commentary
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