News
Fintech enterprises in Hong Kong grows to over 800 within 5 years
This is up from 180 fintech firms.
Fintech enterprises in Hong Kong grows to over 800 within 5 years
This is up from 180 fintech firms.
Economy contraction widens in Q3 at 4.5%
In Q2, the economy shrank by 1.3%.
Hong Kong to place ‘guardrails’ to mitigate potential risks in virtual assets
This is in line with the development of VAs in Hong Kong.
Hong Kong retains 10-year housing supply target
The government maintained its 430,000-unit target in the ten years to 2033.
Hong Kong retail sales up 0.2% in September
Retail sales stood at $28.1b, the Census and Statistics Department reported.
HKIA opens new Sky Bridge
The Sky Bridge is the longest airside bridge across the globe.
Around 2 in 5 Hong Kong businesses experienced cyber incident: report
This is the lowest in the Asia Pacific region.
Site in Kai Tak up for public tender
The site is designated for non-industrial purposes.
95,000 private flats to be available in next 3-4 years
The figure is 3,000 less than the previous estimate.
Government improves green lifestyle local tour incentive scheme starting 1 December
This includes raising the subsidy level to local tour participants to $300.
Bank of China HK joins pilot programme to trial use of digital currencies
BOCHK has completed real-value cross border trade of central bank digital currencies.
Gov’t further eases distance measures for catering business, scheduled premises
Starting 3 November, restrictions on the operating and dine-in hours will be lifted.
Hong Kongers may bring home bigger checks in 2023
A salary increase of 4% in 2023, a report found.
Citi Hong Kong launches 2022 Citi Tax Season Loan
Customers can loan up to HK$2m or 12 times their monthly salary.
Flexible office spaces expand in Hong Kong: JLL
Companies should rethink their office design as hybrid work gains traction.
Hang Seng Bank, QFPay HK offers faster loans to SMEs
SMEs need only share their commercial information in the Commercial Data Interchange.
Inflation up 4.4% in September
This is up from only 1.9% in August.
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