Hong Kong

Walter Liu appointed as new American Express’ head of Asia Region

He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.

Walter Liu appointed as new American Express’ head of Asia Region

He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.

Hang Seng Bank prime lending rate unchanged at 5.625%

The HKD bonus interest rate was also unchanged.

Buildings Department approves 23 construction plans last January

The department also issued 17 occupational permits.

Three-quarters of employees want to move within GBA for career prospects: KPMG

Better industry prospects is the top motivator for those who want to relocate.

Which sectors received highest pay increments in 2022?

Financial services had the highest increments.

Bank of China HK’s prime, savings deposit rate unchanged

Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.

HKMA raises its base rate to 5.25%

The new rate took effect on 23 March.

Hong Kong government issues first tokenised green bond

HKMA issued HKD tokens, which were exchanged for fiat money provided by banks.

Revised Code of Practice seeks to combat ‘job-hopping’ amongst FDHs

The revisions required agencies to tell that changing employers will not be approved.

HK banking system 'resilient’ amidst the Credit Suisse fallout

HKMA and SFC are closely monitoring the situation.

Gov’t unveil toll plans for three harbour crossings

One of its plans is to implement a fixed toll at Western Harbour Crossing.

Digitally-skilled employees can boost HK’s annual GDP by US$47.5b: study 

Those with advanced digital skills can contribute about US$5.4b.

Amended listing rules to compel Chinese tech firms to list on HKEX: report

This amidst the global political conflict between the US and China.

Business sentiment of HK exporters improve in Q123

The Hong Kong Export Index has risen by 9.3 points to 39.0.

Gov’t introduces changes to MTR fare mechanism

These changes include the lowering of the fare adjustment rate by 0.8 percentage points.