Hong Kong
1 in 2 Hong Kongers said they have ‘no spare money’ for insurance
1 in 2 Hong Kongers said they have ‘no spare money’ for insurance
This is despite 80% saying they understood the importance of insurance.
Total retail sales rebounds, up 11.7% in April in face of local outbreak
The value of total retail sales was estimated at $30.2b.
Elevating ‘air taxi’ thru helicopter services in Hong Kong, Guangdong sought
Point-to-point air transport will be promoted to high-end travellers.
Gov't to roll out $769m relief for the public transport sector
The relief measures include fuel subsidy and reimbursement for losses.
HK retains operation restrictions on restaurants, bars
Chief Executive Lam said there will be no relaxation before the end of June.
JLL to close leasing transaction in retail podium Maya by Nouvelle
This is the largest retail leasing deal so far in Kowloon East in 2022.
University of Hong Kong, Sinopharm launch trial of Omicron-targeting vaccine
A total of 1,800 adult volunteers will be needed for the trial.
Swiss WorldCargo hops into Cathay Pacific and Lufthansa Cargo's business pact
The three will work together on handling shipments between HK and Europe.
How did Hong Kong’s insurance industry fared in its first quarter?
The industry showed only flat growth across both long-term and general business.
HK dollar deposits decrease by 0.5% in April
Total deposits with authorised institutions decreased by 0.3% in April.
Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021
The bank also donated millions to support flood relief efforts.
HKPC launches Green Hall
This will help Hong Kong achieve its carbon neutrality goal before 2050.
Citi Hong Kong makes two senior appointments in Institutional Client Group
The new appointments will be effective immediately.
Net-zero targets uncover HK’s need to increase retrofitting rate: JLL
The city’s real estate sector accounts for 60% of its carbon emissions.
Gov’t relaxes flight ban mechanisms starting 1 June
The adjustments will ease travellers’ journey whilst guarding imported cases.
Hong Kong sees exports rise 1.1% in April
Total exports of goods stood at $389b.
Around 9 in 10 households had internet access in 2021
Smartphones were the top device used to access the internet.
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