Jaleen Ramos
HK requires mediation clauses in government contracts
HK requires mediation clauses in government contracts
The new policy takes effect starting February 12.
DFI Retail names new CEO of 7-Eleven in South China, Hong Kong, Macau, and Singapore
He will lead the brand’s strategy and operations in these markets.
Gaw Capital Partners and Patience Capital Group acquire Tokyu Plaza Ginza
Gaw Capital holds 91% of the joint venture, with PCG owning 9%.
Hong Kong to reopen 10-year RMB government bonds in February tender
It will mature on 20 November 2034.The Hong Kong Monetary Authority (HKMA) has announced a tender for 10-year renminbi (RMB) government bonds under the Infrastructure Bond Programme.
HKMA to tender $1.6b in 2-year bonds on February 13
The bonds carry a 2.04% annual interest rate.
Golden Week brings 1.4 million tourists to Hong Kong
Of these, 1.2 million are Mainland visitors.
ITC approves first new industrialisation acceleration scheme application
If finalised, Jean-Marie Pharmacal will receive $200m in funding.
HK property sales drop 10.4% in January
Total consideration for these agreements reached $36.7b,
Why Hong Kong’s retail recovery is taking longer than expected
Total retail sales decreased by 7.1% YoY.
AS Watson appoints Clarice Au as CEO of Retail Hong Kong
She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.
HK exports up 5.2% in December
In contrast, imports dropped by 1.1% to $441.2b.
What will drive Hong Kong’s property market recovery in 2025
It will be driven by lower interest rates, increased demand, and a rebound in tourism.
Tender for light housing management at Olympic Avenue opens
The deadline for submissions is 14 March 2025 at noon.
60,000 participants join successful stress test at Kai Tak Sports Park
The goal was to ensure the park’s readiness for its opening this quarter.
Over 8 in 10 HK startups anticipate growth in 2025
Of these, 37% even predict their businesses will double in size.
539 overseas firms expand in HK
This is the highest number of companies assisted by InvestHK to date.
Consumer prices up 1.4% in December
Price hikes were seen in categories such as alcoholic drinks, tobacco, and electricity.
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