Hong Kong
Gov't, MTRC ink deal for housing at Siu Ho Wan Depot site
The pact will allow construction to commence for 20,000 housing units.
Gov't, MTRC ink deal for housing at Siu Ho Wan Depot site
The pact will allow construction to commence for 20,000 housing units.
HK scraps compulsory hotel quarantine for inbound travellers
Travellers, however, will still need to undergo medical surveillance for three days.
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.
Residential block in Grampian Road sold via auction
It was sold for $404.25m to Gold Focus Holdings Limited.
HK’s share of Asian IPO at a slump: report
IPOs declined the lowest in more than two decades.
Property market most at risk as mortgage rates surge: report
The floating interest rates are affecting the property market.
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.
Meta clinches two accolades in the Hong Kong Business Technology Excellence Awards
Tech company Meta collaborated with the Fire Services Department to build the first government WhatsApp chatbot used in anti-pandemic mass communication for COVID-19 isolation facilities arrangement in Hong Kong.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Consumer prices rise 1.9% YoY in August
The rate of increase was the same as last month.
Pandemic highlighted the need for effective operational risk management, says Mazars partner
Ivan Chan noted how industries achieve operational resilience amidst market disruptions.
Industrial leasing slows as global trade activities plunge in July: JLL
Global trade is negatively affecting leasing demand for industrial space.
Retail leasing continues recovery as quarantine measures eased: JLL
More leases are expected in the future as inbound visitor figures sighted to rise.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
Grade A office market posts negative net absorption in August
Net absorption was at -29,000 square feet.