News

Swire Pacific sets net zero carbon emissions target by 2050

The company wants to reduce by 50% its greenhouse gas emissions by 2030.

Swire Pacific sets net zero carbon emissions target by 2050

The company wants to reduce by 50% its greenhouse gas emissions by 2030.

China Gas profit climbs 14% to $10.48b

This was driven by the gradual recovery of China’s economy.

HK port congestion likely to drive up freight rates

Container spot rates are at a new all-time high at the end of the second quarter.

SUGA net profit surges 186.1% to $79.3m amidst COVID

The group’s electronic products segment recorded a 24.3% increase to $1.69b.

Hongkongers optimistic about BaaS: study

42% said that their organisation have been deploying banking-as-a-service (BaaS) in the last 12 months.

Hong Kong bans travel from UK anew

UK will be identified as an “extremely high-risk” area, starting 1 July.

AEON profit climbs 28.8% to $97m in Q1

This is despite a 14.4% drop in revenue.

Xinyi secures $1b green loan from DBS Bank

The 3-year loan will be invested in green production.

Far East Consortium sees recovery after 48.5% profit rise

The group recorded a profit of $543m in 2021.

Telecom Digital annual profit climbs 68.6%

The telecom company recorded a profit of $135.2m in the year ended March 2021.

Security chief to move up as HK’s no. 2 official

This comes as reports of a cabinet reshuffling arise.

Grade A office market sees positive net absorption in May

This is the first time since July 2019, JLL said.

UK now in Hong Kong’s “very high-risk” list

Stricter requirements for travellers from UK will take effect on 28 June.

Hong Kong exports likely to grow 15% in 2021

The HKTDC reported export confidence rose for the 5th consecutive quarter.

Hong Kong imposes travel ban on Indonesia

Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.

Job vacancies in Hong Kong reach 39,000 in March

This is a 7% drop compared to the previous year.

Wealthy Hong Kongers to reach 831,000 by 2025

The global number of millionaires could go over 84 million in the next five years.