Financial Services
First sustainability-linked facility for MICA Group approved: DBS HK
The facility has a tenor of six months.
First sustainability-linked facility for MICA Group approved: DBS HK
The facility has a tenor of six months.
Hong Kong opens application for fintech subsidy
The pilot scheme will reimburse up to 80% of the training cost.
7 in 10 Hongkongers will avoid cross-border payment providers lacking transparency
Hidden costs are amongst the main challenges for locals when making money transfers.
Hong Kong improves to 4th place in global financial centres ranking
It rose four places with an overall rating of 725.
What are 6 financial services trends that will emerge in the GBA in the next 5 years?
One of them is close collaboration amongst authorities.
HKMA raises its base rate to 3.50%
The new rate took effect on 22 September.
Here are five bad habits in insurance according to HK’s insurance regulator
These habits drag down Hong Kongers insurance literacy rate.
Bosideng bags US$35m sustainability-linked loan from DBS Hong Kong
This marks the largest sustainability-linked loan in Asia.
A mid-life crisis: More than 1 in 2 middle-aged Hong Kongers unprepared for retirement
43% even said that they had to reduce retirement contributions since the COVID-19 pandemic.
Foreign currency reserves down to US$441.7b in July
This is over US$5m lower from the preceding month.
Finance ministry to issue 10-year RMB sovereign bonds
The bonds total RMB1b.
Hong Kong receives fewer insurance-related complaints in H1
Complaints about conduct have the most significant number.
HK’s funds industry needs to assess climate-related risks ahead of new deadlines:PwC
New SFC guidelines will enter into force on 20 August.
Positive experience boosts Hong Kong’s retirement mastery index score
The city’s score went up from 4.8 to 61.1 in the Sun Life Retirement Mastery Index.
HKMA raises its base rate to 2.75%
The new rate took effect on 28 July.
DBS issues $107m (HKD210m) 3.47% notes due in 2024
The notes will be listed in the bonds market on 26 July.
Hang Seng issues $100-m green trade facility for Leo Paper
This marks the first green trade facility for Hong Kong’s paper and printing industry.
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