Hong Kong
SME business receipts diffusion index up to 44.4
SME business receipts diffusion index up to 44.4
All surveyed sectors saw an increase in diffusion index in February 2021.
NagaCorp Ltd. posted US$102.3m profit in 2020
Its profit, however, declined compared to its 2019 level due to lockdowns and reduced tourist arrivals.
SITC profit up 59.7% for 2020
The logistics giant reported a US$353.7m profit.
Cambridge Associates opens new location in Hong Kong
The expansion of the investment firm will respond to the strong demand in the region.
Sunlight REIT, Dah Sing Bank launch Dah Sing Financial Centre
The new office will serve as the Dah Sing Bank’s flagship branch.
CITIC Telecom poised to further recover in 2021
BOCI Research revised up its forecast to 2.8% and 3.1% in 2021/22E, respectively.
CNOOC bounces back after oil price plunged in Q1 2020
Stocks appreciated 34% in February 2021.
Stamp duty amendment bill to be introduced to LegCo
If approved, the new stamp duty rate will take effect in August 2021.
Ion Pacific completes $8.7m secondary investment in Singlife
It purchased secondary shares in the company from several existing shareholders.
Number of women in senior leadership roles increasing: report
But Asia Pacific trails behind other regions.
Cargo throughput at HK ports down 5.3% in 2020
The result for the fourth quarter of 2020 declined by 9.5%
Incentive schemes for travel industry extended until March 2022
Travel agents will also receive a higher funding worth $150,000.
Pinsent Masons launches training platform for freelancers
The company has partnered with performance management platform Bridge.
Standard rate for industrial building redevelopment starts mid-March
The rates range from $20,000-$130,000 per square metre, depending on the region and use.
Residential building in Mid-Levels West sells for $295m
This will be Weave Living’s first acquisition since its rebranding in 2020.
HKMA extends Pre-approved Principal Payment Holiday Scheme
Participating banks have granted over $750b relief in the scheme since January 2021.
CITIC Telecom profit up 2% in 2020
The company’s total dividends per share rose 5% YoY to 21 cents.
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