Hong Kong
Govt greenlights tax relief bill
The bill will cut taxes on profit, salaries, and personal assessment.
Govt greenlights tax relief bill
The bill will cut taxes on profit, salaries, and personal assessment.
Consumer price growth eases to 1.1% in April
Prices for transport, housing, and clothing saw increases in April.
Manulife, Mind HK launch anti-stigma campaign
The two-year partnership will begin with four programmes to launch in 2024.
Hospitality insights on the inbound outbound dilemma in Hong Kong
Reduced spending from visitors entering Hong Kong has made the headlines lately as the city tries to boost its tourism, retail and hospitality sectors.
97% of consumers prefer traditional banks for top-of-wallet credit card: report
However, most respondents said they opt for other lenders for additional credit products.
Hong Kong's card payments market poised for 12.2% growth in 2024
The local card payments market will be worth $1.3t by year-end.
Nearly 9 in 10 use mobile wallets for payments in HK: study
This is expected to increase amidst efforts to push for electronic payment.
Hong Kong central bank extends deputy chief exec’s appointment for 2 years
Yuen will continue in his role for two more years beyond retirement age.
Gov’t approves 15 building plans in March
Six of the projects will provide 57,290 sq.m. of gross floor area for domestic use.
Two banks in Hong Kong warn against phishing emails
Tai Sang Bank cautioned against emails claiming to be from its chairman.
PolyU's fungus-based fat replacer targets obesity, elevates gut health
Hotel ICON has incorporated the alternative to reduce fat in soft serve and desserts.
Hong Kong imposes 14-year license ban on ex-Prudential agent
The agent scammed policyholders to transfer RMB2.35m into his bank account.
Gov’t orders Worldcoin to halt operations over data privacy violation
Authorities said the collection of face and iris images were excessive.
Hong Kong to host over 100 mega events in 2H24
These mega events will attract 1.7 million visitors in Hong Kong.
Grade A office market posts net absorption of 248,000 sq ft in April
Office market growth lowered overall vacancy to 13%.
Proportion of employees receiving bonuses declines
Employees received an average bonus equal to 1.4 months' salary.
Gov’t to prosecute building owners ignoring fire safety orders
Approximately 9,000 buildings currently stand with expired directions.
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