Hong Kong
Gov’t extends industrial building waiver
The extension is until 31 January 2025.
More Hong Kong companies plan to hire globally to fill talent gaps
Interest in global hiring grew 34% YoY.
Gov’t enhances protocols for drugs containing codeine
Buyers of such drugs will have to register personal information upon purchase.
Exports value rises 11% YoY to $386.4b in December 2023
The pace of increase has picked up.
AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
HK OK's 9 building plans in November
In the same month, the government received 2,950 reports of unauthorized building works.
HK, Croatia inks tax agreement
This will serve as a guide for investors on potential tax liabilities.
Hong Kong ranks 39th in most increase in minimum wage in a year
The minimum wage in Hong Kong increased by 6.7% in the last year.
HKIA announces new executive director
Two executive directors will be appointed soon to oversee long-term and general business.
Office fit-out cost growth moderates to 2.3% in 2023
Hong Kong is amongst the most expensive markets for fit-outs in APAC.
Gov’t appoints 19 members to new tourism committee
The new members will serve the committee until December 2025.
HKIA sees record passenger and flight movements in December
In December, passenger volume increased 1.7 times YoY to 4.3 million.
Consumer prices rise 2.4% YoY in December
The December inflation is lower than the November record of 2.6%.
Fewer businesses feel optimistic about 1Q24
Only 13% expect their business situation to be better.
Hang Seng enables credit card customers to use loyalty points in AlipayHK
They can use their loyalty points to pay at over 150,000 outlets that accept AlipayHK payments.
Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market
The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.
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