Jaleen Ramos

Construction sector sees 4.2% growth in Q423, totaling $71.3b

Main contractors saw an 8.8% nominal increase in total GVCW, reaching $271.0b, in 2023.

New cargo clearance scheme launched in HK, Macau, Guangdong

Real-time monitoring of the cargo was conducted by customs in all three locations using e-locks and GPS technology.

Hongkong Land sees challenges in HK office, resilient retail: report

HK office reversion is expected to remain negative into 2024 whilst retail sees ongoing demand. 

Hongkong Land Holdings posts US$582m net loss in FY23

The company attributed its loss to a gradual decline in its prime office portfolio valuation.

Home prices expected to decline in 2024: report

The city's property sector is also expected to face a gradual tightening of funding until prices stabilize in 2025.

Residential property at No. 25 Junction Road, Kowloon up for sale

The asset features a total gross floor area of 4,834 sq. ft.

PwC joins Hong Kong Coalition for Sustainable Aviation Fuel

The coalition aims to position Hong Kong as a regional and global hub for SAF.

Office space at Wyndham Place up for sale

The asset comes with a single parking spot.

Kwai Chung building up for sale via tender

Parties can submit bids until 30 April, noon.

More Hong Kong startups are seeking Southeast Asian talent: report

Cross-border job postings from Hong Kong and the Mainland increased four-fold in 1H23.

How Hong Kong can utilise fiscal reserve to support economic growth

The region's fiscal reserve as of the end of 2023 was roughly 23% of GDP.

HK rolls out Capital Investment Entrant Scheme

Applicants must invest a minimum of $30m in permissible assets.

HK, Bahrain forge investment pact to strengthen economic ties

The agreement will come into effect once both sides have fulfilled internal procedures.

Gov't projects $48.1b deficit for FY24-25

For FY23-24, the government expects a deficit of $101.6b. 

HK targets revenue boost through tax reforms, fiscal measures

Proposed measures include implementing a two-tiered tax regime for salaries and personal assessment.