Hong Kong
HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government
HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government
The agreement will create opportunities for businesses in both locations.
Sha Tin lot to be launched for sale on Aug. 19
The site will be sold by public tender.
Economy shrinks by 1.3% YoY in Q2
This marks the second consecutive quarter of GDP contraction.
What Hong Kong’s 3+4 means for inbound travellers
They are required to undergo a 3-day hotel quarantine and day medical surveillance.
Almost 90% of Hong Kongers want remote work
But only 45% have the option for remote working.
Over 30% of businesses struggle with talent shortage: CPA
This is holding back companies’ digital transformation strategies.
Dah Sing Bank temporarily closes its Maritime Square Branch
It will reopen in 13 August.
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity.
Export and import volumes fall in June as prices soar in Hong Kong
Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.
Population dips 1.6% in H1 2022 amidst persistent low fertility rates
The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.
Gov't launches new round of Fintech training, subsidy scheme
Subsidy for each approved project increased to $150,000.
Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12
Under the model, workers will be quarantined for three nights in designated hotels.
Cathay Pacific narrows loss to $5b in H1
Progressive adjustments to COVID restrictions in Hong Kong aided the airlines.
Deal-making for commercial real estate down 50% in Q2 22
The market’s transaction volume reached $18b (US$2.3b).
Dah Sing Bank temporarily closes Mei Foo Sun Chuen Branch
It will reopen on 11 August.
HKEX lists first A-share structured products
The derivative warrants are based on the MSCI China A 50 Connect Index.
Social distancing measures in business establishments retained until Aug. 24
Bars and pubs will still need to operate at 75% capacity.
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