Hong Kong

Hong Kong introduces foreign source income exemption regime (FSIE) to benefit local MNEs if certain requirements are met.

The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’

The bank’s shares will be designated as dual counter securities by the stock exchange.

New Fortress Investment Limited won the auction.

Given the situation, rents will likely fall by 3%-5% this year.

A report showed that workers will return to the office if they have their dedicated space.

IPO fundraising continued to be slow in the first half of the year. 

Almost 50% of APAC family offices are headquartered in Hong Kong and Singapore.

Users will be able to utilise the digital logistics platform and choose extended payment terms.

The average increase stood at 4.1%, the highest in the last four years. 

The EY Partner emphasized the need for the Hong Kong technology industry to be as “market relevant” and “value adding” as possible

SW Hong Kong’s Andy Wong believes there are many opportunities for growth in Hong Kong’s business landscape, particularly in the fintech, green finance, and e-commerce sectors.

In Asia, however, it remains the most expensive location.

The airline said it has been operating cash generative so far in 2023.

It has a reserve price of $5.13b.

The 50,000-square-foot headquarters features a purposely built auction room on the ground floor.