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Government urged to offer tax concession to frequently travelling GBA workers
EY believes it will facilitate talent exchange amongst Greater Bay Area cities.
Government urged to offer tax concession to frequently travelling GBA workers
EY believes it will facilitate talent exchange amongst Greater Bay Area cities.
Check out this hot business district that can potentially overturn Central
An office from this area houses Facebook amongst its other blockbuster tenants.
SFC slaps Credit Suisse with $39.3m penalty
The bank self-reported its various internal control and systems failures to the regulator.
How will the transfer pricing bill impact business operations?
Inland Revenue Amendment Bill No.6 imposes additional requirements for domestic transactions.
Mega industrial transactions hit $8.02b in Q4
Investors are pitching in as the government eyes an industrial revitalisation scheme.
Half of jobseekers will ditch drawn-out applications
Frustrated Hong Kongers would not recommend these firms to peers.
Hong Kong rushes $500m scheme to attract foreign tech talent
Attracting the top tech talent is key as Hong Kong rolls out its smart city vision.
More expats want posh homes in Q4
This pushed rents up, with Mid-levels rising the fastest at 0.6%.
Mainland investors are jumping ship as Hong Kong stock losses grow
Investors sold $1.08m (869m yuan) in equities via the Shanghai and Shenzen exchange links on Wednesday.
Property loan pipeline surges to $84.43b in Q4 as developers defy cooling measures
This comes even as the HKMA tightened lending to developers last June.
Government mulls development options for Fanling golf course
The partial development option can provide 4,600 flats whilst the full option can triple the number at 13,200 units.
HKMA encourages virtual banks as part of Smart Banking transition
The de facto central bank believes they promote fintech and financial inclusion.
Private consumption growth expected to weaken to 3.5% amidst inflation pickup
This will likely result in limited purchasing power for Hong Kong consumers.
Hong Kong slowly losing patronage of Chinese wealthy to Singapore amidst tighter Mainland scrutiny
The number of Chinese HNWI who cited Hong Kong as the preferred overseas investment destination dipped to 53%.
Hong Kong loses to Singapore as top Asian location for MNC headquarters
Therefore, KPMG believes that a tax incentive for funds and RHQ should be introduced.
2 in 5 banks likely to pursue JVs to boost digitisation efforts
This will result in greater industry collaboration between banks and e-commerce players.
Introducing group tax loss relief will boost Hong Kong's international competitiveness: KPMG
The policy would put Hong Kong at par with major financial centres like Singapore and US.
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