Noreen Jazul
HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government
HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government
The agreement will create opportunities for businesses in both locations.
Sha Tin lot to be launched for sale on Aug. 19
The site will be sold by public tender.
Economy shrinks by 1.3% YoY in Q2
This marks the second consecutive quarter of GDP contraction.
Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12
Under the model, workers will be quarantined for three nights in designated hotels.
Cathay Pacific narrows loss to $5b in H1
Progressive adjustments to COVID restrictions in Hong Kong aided the airlines.
HKEX lists first A-share structured products
The derivative warrants are based on the MSCI China A 50 Connect Index.
Social distancing measures in business establishments retained until Aug. 24
Bars and pubs will still need to operate at 75% capacity.
App for easier compliance of Mandatory Window Inspection Scheme launched
Through the app, owners can find qualified persons to conduct window inspections.
SleekFlow allows online sellers to offer checkout on social media chat boxes
Through its One Click Checkout feature, consumers do not need to visit a third-party website to complete their purchase.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
Approved mortgage loans drop 5.9% MoM in June
The drop was likely due to the decrease in applications during the same month.
Top 5 institutions where business and commerce majors want to work
The Hong Kong SAR government is one of the five.
HKMA raises its base rate to 2.75%
The new rate took effect on 28 July.
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