Noreen Jazul

For the whole year, PwC expects Hong Kong to raise between $180m to $200m.

Funds raised in H122 plummeted by 92% YoY. 

Entering the digital space allows an artist to earn more through royalties each time their art sells.

Quarantine in the Mainland was cut to 10 days from 21 days.

The value of exports has fallen behind the value of imports.   The value of Hong Kong exports dropped by 1.4% to $388.1b in May, falling behind the value of imports which rose 1.3% to $424.8b, the Census & Statistics Department said.   Given the decline in export value, the trade deficit clocked at $36.7b or 8.6% of the value of imports.    According to the government, the value of exports declined in May as the “global economy faced increasing headwinds.” It added that exports to the Mainland also fell further in the same month.    Looking ahead, the government said the “worsened global economic prospects will continue to weigh on the city’s export performance.”   “The step-up in monetary policy tightening by many major central banks, the development of the Ukraine situation as well as the pandemic’s lingering threat also add uncertainties,” it added.

It is expected to benefit 430,000 taxpayers.

CE Lam says Xi’s attendance shows central authorities’ support for Hong Kong.

The ordinance will implement four major measures.

Leaving consumers with unanswered queries can result in $2m missed revenue per day. 

The committee will be led by the Financial Secretary. 

The original closing date was 7 July.   The tender for The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723 at Hoi Yu Street, Quarry Bay, was moved to noon of 25 July upon request of potential buyers.   Originally, the tender was to close on 7 July.   “We receive requests from most of the potential buyers demanding extra time to study the property thoroughly and make informed internal discussion,” CBRE, the property’s marketing agent, said.   CBRE said the property received interest from developers from Hong Kong and China, real estate investment trusts (REITs), institutional funds, family offices, and private investors.   The site for sale is expected to be developed into a large-scale mixed-use complex for commercial, leisure and tourism use.

This has pushed job vacancies to 53,700.

The total number of unemployed people stands at 191,400.

It frees companies from 95% of the costs incurred from the manual spreadsheet-to-API conversion.

The city jumped two places from last year's ranking.

Colliers said 29% of the next five-year Grade A office supply will be coming from the area.