Hong Kong
Dairy Farm, CLPe Solutions to develop 1 million kWh solar panel system
Dairy Farm, CLPe Solutions to develop 1 million kWh solar panel system
The 2,000-solar panel system will be the largest in Hong Kong’s retail sector.
Government eyes extensive voucher coverage
The e-consumption vouchers, however, will not be useable for paying government fees.
At least 100 buildings in Hong Kong in danger of depreciating value: JLL
These buildings need significant upgrading to remain relevant and attractive to their tenants.
All is “not rosy” despite higher-than-expected economic growth
The 7.8% YOY GDP growth was above the 3.7% Bloomberg estimate, but it will take more than that to return Hong Kong to more prosperous times.
SF REIT eyes up to $2.68b in first global offering
The logistics-focused REIT will price its offer between $4.68 and $5.16 per unit.
HKSTP rolls out programme for new gen AI, Data Science professionals
The programme will run from May to June 2021.
New travel scheme welcomes non-HK residents from China
The Come2HK Scheme will be rolled out later this month.
Hong Kong lifts UK, Ireland travel ban
Travellers may fly to Hong Kong, starting 7 May.
Green finance grant scheme starts 10 May
The scheme will grant subsidies to bond issuers and loan borrowers to cover expenses.
Retail outlook still challenged despite 20.1% rise in March sales
The value of total retail sales amounted to $27.6b during March of 2021.
Private Swiss bank buys BMO private bank in Hong Kong and Singapore.
The J Safra Sarasin Group completed the acquisition of the Bank of Montreal’s Private Banking Business.
Fewer SMEs now struggle in securing bank credit: survey
A total of 30% of SMEs perceived more difficult credit approval, down from 35% previously.
Luxury property market rebounds 0.8% in Q1 after 2020 drop
This followed the luxury residential market’s 8.2% decline last year.
IBI Group expects up to $56m profit
The Group’s preliminary estimates saw an increase in profit of between $51.9m and $56.2m.
Automation threatens 56% of the Hong Kong workforce
Fears over automation putting jobs at risk remains prominent amongst Hong Kongers.
Economy rebounds 7.8% after six quarters of contraction
The GDP growth during the first quarter was linked to Hong Kong's stronger external trade.
Mortgage loans leapt to $53b in March
Banks received nearly 18,000 applications during the month.
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