Hong Kong
Retail sales value in January grew 7% YoY
The total value is at $36.2b driven by the return of tourists.
Retail sales value in January grew 7% YoY
The total value is at $36.2b driven by the return of tourists.
HKECIC and Hang Seng deliver first green export credit insurance
The very first green financing arrangement will ease export expenses whilst maintaining sustainability.
HK rateable values grow 0.4% to $2.66b YoY
Industrial RVs grew strong amongst all sectors.
Eligible HK elderly may use voucher for outpatient service fees
The voucher may be used to pay for services at Huawei CHC.
Hong Kong, Singapore build stronger data centre hubs despite land limits
But lack of space for expansion remains challenge for top 2 Asian markets
Jeanette Mao takes new role as HK Express CEO
She will lead the airline in enhancing its operations and customer experience.
Housing Authority sets new rental rates for housing units
Renters can afford a flat in an urban district for $94.9 per square metre.
Retail sales grows 31.3% in February 2023
But provisional online retail sales dropped 4.1% to $2.6b.
HK deposits dip 1.6% to $15.39t in February
Renminbi deposits decreased by 2.8% to RMB813.5b.
Linklaters advises creditors on Sunac China's $80.07b debt restructuring agreement
The agreement allows the company to extend the debt's maturity.
Mortgage loans up by 29.1% to $34.2b MoM
But loans for refinancing dipped by 8.8%.
Visa names Paulina Leong as Hong Kong, Macau market lead
Her role as the appointed General Manager is effective immediately.
Residential market to hop on recovery track: Knight Frank
In February, transactions climbed 40.3% MoM.
More than 9 million holiday travellers expected to visit HK
83.5% will be passing through the BCPs.
Mainland tourists could drive Hong Kong’s retail market growth up
Growth in the retail market could reach 25% or pre-pandemic levels.
Hong Kong explores measures to fill labour shortage
Importing foreign workers will continue if they prioritize local workers for opportunities.
What can lead Hong Kong’s economy to rebound
Economists predict economic growth of 3.5%-4.0% for Hong Kong.
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