News
Lands Department rejects bid for Tsuen Wan residential site
The site is part of the government’s Starter Homes (SH) project.
Lands Department rejects bid for Tsuen Wan residential site
The site is part of the government’s Starter Homes (SH) project.
Hong Kong to restrict Japanese seafood imports
This is due to the plans to release of water from the Fukushima nuclear plant.
Retail sales to grow 17% YoY in 2023 – PwC
This is equivalent to HK$408b.
Sale of residential units sluggish in the first half of 2023
Only over half of residential units were sold in H1 2023, slower than the five-year average.
HK is Asian market with the third most expensive hotel room rate
Hong Kong hotel room rate per night is $1,928 (US$246).
Which countries charge the highest ATM withdrawal fees?
The Philippines is the most expensive place in Asia to withdraw cash via ATM.
Hong Kong consumer prices up 1.8% YoY in July
Alcoholic drinks and tobacco recorded the highest price increase of 18.4%.
Hong Kong introduces one-off subsidy for citizens in transitional housing
As many as 35,000 are expected to benefit from the trial scheme.
DBS Hong Kong finalises HK$800m green loan with HSH
KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.
Gov’t to simplify retirement process for poor-performing civil officers
This is to encourage civil service newcomers.
Bank of East Asia extends hours of Shenzhen Futian Port sub-branch
It is now open on Saturdays from 10 AM to 5PM.
Hong Kong Airlines to distribute 1,000 free economy class tickets
The winners' companions will get $150 off for economy tickets above $1,000.
Hong Kong businesses show growing interest in SE Asia expansion
UOB Hong Kong’s Ricky Ng dives deep into the Business Outlook Survey that shows 39% of Hong Kong firms are aiming for regional growth.
Jobless rate at 2.8% in May-June 2023
The number of unemployed people dropped by 1,900 compared to April-June.
AirAsia offers free seats and big discounts
The budget carrier has free seats to direct flights from Macau to Chiang Mai.
Welfare cases fell with lowest-earnings cases having the most significant drop
It dropped 0.2% MoM in July 2023.
HK is fourth place in the best market for FX traders rankings
It was bested by China, Japan, and its economic rival, Singapore.
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