Hong Kong

Exports value dips by 9.1% YoY to $345.2b in July

The pace of decline, however, has moderated.

HK, Guandong ink pact on education collaboration

Amongst areas of collaboration will be talent cultivation.

Bank of East Asia’s profits up 75.8% to HK$2.63b in H1

Higher interest rates pushed up profits, but non-interest income fell.

1 in 4 Hong Kong consumers eyes getting a loan with fintechs, neobanks

Although traditional banks remain the preferred choice, 1 in 5 are ready to jump ship to another provider.

What to expect from the new flexible workspace at K11 Atelier in HK: IWG

The centre opening spans 21,200 square feet and offers hot desking areas.

How much do Hongkongers spend on groceries?

Food and non-alcoholic beverages account for 12.1% of locals’ spending on goods and services.

Lands Department rejects bid for Tsuen Wan residential site

The site is part of the government’s Starter Homes (SH) project.

Hong Kong to restrict Japanese seafood imports

This is due to the plans to release of water from the Fukushima nuclear plant.

Sale of residential units sluggish in the first half of 2023

Only over half of residential units were sold in H1 2023, slower than the five-year average.

HK is Asian market with the third most expensive hotel room rate

Hong Kong hotel room rate per night is $1,928 (US$246).

EY’s Jacky Lai: Effective transformational leaders combine IQ and EQ to successfully navigate change

For the EY Partner, recognising the significance of human aspects within operations is vital for lasting transformation, moving beyond surface-level acknowledgement.

Hong Kong consumer prices up 1.8% YoY in July

Alcoholic drinks and tobacco recorded the highest price increase of 18.4%.

Hong Kong introduces one-off subsidy for citizens in transitional housing

As many as 35,000 are expected to benefit from the trial scheme.

DBS Hong Kong finalises HK$800m green loan with HSH

KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.