News

Towngas supports govt's green initiatives in Budget speech

Amongst the measures is the promotion of green methanol bunkering for vessels.

HK's office vacancy rate climbs to 12.9% in January

Central experienced a vacancy rate increase to 10.4% by the end of January.

Gov’t injects $100m to boost tourism

The fund will go to the establishment of a Mega Events Coordination Group.

HK’s land supply surplus to reach 14%

The potential land supply for the year is expected to reach a total of 15,000 units.

More SME support announced in Budget speech

All enhancements will take effect for the 2024-2025 assessment year.

Gov’t unveils plans to promote I&T and health tech sectors

The gov’t allocated over $25b for projects in these sectors.

Gov’t sets aside $4.3b to support IP trading and creative arts branding

The IP trading and the creative industry received funding of $45m and $4.3b respectively.

Hang Seng Bank expresses support of budget measures for SME, financial market

Amongst initiatives were the advancement of digital finance and support for SMEs.

Budget 2024-25: Gov’t cuts salaries and profits taxes

The government will reduce salaries tax for the 2023-24 tax year by 100%, subject to a ceiling of $3,000.

One Causeway Bay to be up for lease

The redeveloped building will provide around 500,000 sq ft of office space.

StashAway launches wealth management offering for Hong Kong’s HNWs

HNW clients make up 65% of StashAway’s AUM in the city.

Hong Kong and Shenzhen strengthen environmental collaboration

Chemical treatment process results showed reduced phosphorus discharge into Ng Tung River and Shenzhen River.

ZA Bank officially unveils US stock trading service in Hong Kong

The bank charges a trading commission of US$0.012 per share.

Prudential expands medical network with UFH in Greater Bay Area

Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.