Hong Kong
Exemplary companies and organisations were recognised in this year’s HKB Greater Bay Area Enterprise Awards
Exemplary companies and organisations were recognised in this year’s HKB Greater Bay Area Enterprise Awards
Awards were handed out through digital ceremonies in the 2nd year of the programme.
Hong Kong may be hit by longer fiscal deficits
An analyst sees weaker growth and high government spending for longer.
SMEs’ business receipts diffusion index declines to 44 in November
It is expected to increase to 48.4 in December.
Lands Department to continue works at Mong Kok site
The resumption is for the enforcement of an urban renewal project.
Fast tracking land dev’t processes won’t preempt LegCo’s functions: gov’t
The Development Bureau is eyeing to accelerate land production.
HK, Guangdong adjust cross-boundary goods vehicle transport arrangement
The governments adjusted the arrangement to a point-to-point mode.
Gov’t to US: Withdraw erroneous ‘tariff measures as early as possible’
The global trade body said the tariffs on steel imports violated trade measures.
Global recovery boosts increases in inward, outward DI
Total inward and outward direct investments went up by 17% and 12.1%, respectively.
Hong Kong economy may expand by 3.5% in 2023: BEA
The economy is expected to contract by around 3% in 2022.
Government proposes measure to expedite development procedures
The bill outlined five directions to amend the current procedures.
Rent level for new public housing flats set
The rent will apply to 7,595 flats in Lai Yiu and Hei Yiu Estates.
Hong Kong’s Fusion Bank offer digital loans for BYD electric cars
The loan has an annual percentage rate (APR) of as low as 3.9%.
Gov’t cuts quarantine period to 5 days
Patients and close contacts, however, must obtain negative test results first.
Hong Kong employees expect 10-15% salary increase when switching jobs: Randstad
Some expect a salary raise of between 15% and 20%.
External environment, cross-border travel disruption weigh business sentiment
Business receipts in the third quarter showed decreases, the C&SD reported.
Office rents to decline 3%-5% in 2023: report
The demand will remain sluggish due to global and local economic situations.
Gov’t ramps up efforts to attract global talent
Amongst efforts include the establishment of the Talents Service Unit.
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