Hong Kong
6 in 10 customers want restaurants to use sustainable packaging for takeaway food
Nearly half of the restaurants, however, have yet to adopt suitable packaging.
Fintech enterprises in Hong Kong grows to over 800 within 5 years
This is up from 180 fintech firms.
Economy contraction widens in Q3 at 4.5%
In Q2, the economy shrank by 1.3%.
Hong Kong to place ‘guardrails’ to mitigate potential risks in virtual assets
This is in line with the development of VAs in Hong Kong.
Hong Kong retains 10-year housing supply target
The government maintained its 430,000-unit target in the ten years to 2033.
Hong Kong retail sales up 0.2% in September
Retail sales stood at $28.1b, the Census and Statistics Department reported.
HKIA opens new Sky Bridge
The Sky Bridge is the longest airside bridge across the globe.
Around 2 in 5 Hong Kong businesses experienced cyber incident: report
This is the lowest in the Asia Pacific region.
Residential property prices to fall up to 10% lower in 2023: S&P
The office property market’s vacancy rate is also not expected to improve.
Site in Kai Tak up for public tender
The site is designated for non-industrial purposes.
95,000 private flats to be available in next 3-4 years
The figure is 3,000 less than the previous estimate.
Government improves green lifestyle local tour incentive scheme starting 1 December
This includes raising the subsidy level to local tour participants to $300.
Bank of China HK joins pilot programme to trial use of digital currencies
BOCHK has completed real-value cross border trade of central bank digital currencies.
Over 65% of Hong Kongers struggle with work-life balance
This is thanks to unnecessary and excessive overtime, Randstad reported.
Gov’t further eases distance measures for catering business, scheduled premises
Starting 3 November, restrictions on the operating and dine-in hours will be lifted.
Cybersecurity is the top agenda in 6 in 10 boardroom discussions
The topic is discussed every quarter by almost half of the boards.
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