Hong Kong
2024 Policy Address: Hong Kong cuts tax on liquor priced above $200 to 10% to boost trade
The previous rate was 100%.
2024 Policy Address: Hong Kong to eradicate subdivided flats under 8 square meters
Owners must convert substandard SDUs to basic housing units.
Ginza-style commercial building in neighbourhood areas attracts local consumption
Ginza-style commercial buildings were previously mostly concentrated in core areas, such as Causeway Bay, Tsim Sha Tsui and Mong Kok, to attract tourists.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Foreign trade outlook dims amidst economic and geopolitical concerns: report
Hang Seng Bank forecasts a 2.8% market expansion for 2024.
Gov’t registers 24 land transactions in Q3
The transactions realised a total land premium of $1.89b.
HK, Sichuan discuss district governance opportunities
They also talked about youth development.
HKTB GCC 2024 Travel Mission records 124% increase in visitors
The mission engaged travel partners from UAE and KSA.
Compass Group revolutionises school meal enrolment with new mobile app
The mobile app enhances parent interactions and streamlines operational processes.
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
HK leads in business confidence index in GBA
However, the current performance index for business activity dropped to 50.6 from 54.1.
EMSD rolls out Green Welfare NGOs scheme applications
First batch applications will open on 14 October, whilst second batch opens on 30 November.
Hang Seng indexes to include Alibaba-W
This move further enhances mainland Chinese investors' access to its shares.
Home & Youth Affairs Bureau launches family education scheme
Deadline for submissions is on 22 November.
JY Group acquires 50% stake in Northern Sydney Mall for $707.79 m
It has benefitted from a $444.02m capital investment completed in 2016.
Hong Kong’s foreign assets decreased to $3.49t
Foreign liabilities stood at $26.6b.