Hong Kong
Cathay Pacific to expand flight offerings in Cambodia and Vietnam
Cathay Pacific to expand flight offerings in Cambodia and Vietnam
Its low-cost carrier, HK Express, plans to launch a new route to Phu Quoc in Q4.
Visitor arrivals in June rise 14% YoY to 3.13 million
The MICE sector helped boost visitor arrivals.
The Arch Sun Tower properties, Whitesands House 23 in Lantau Island on sale via tender
The public tender will close on 23 September.
HKIA sets fees for insurance intermediary licences from September
It plans to use the fees for enhanced public education and training.
Retail sales value fall 9.7% YoY to $29.9b in June
The government attributed the decline to changing consumption patterns.
Financial constraints and skills shortage obstruct construction sector growth
Private and private non-residential workloads fell in Q2.
GDP increases 3.3% YoY in Q2, faster than Q1 growth
In Q1, the economy grew by 2.8% YoY.
HKIA rolls out smartphone express bag drop service
The service is available to all passengers in Hong Kong.
ZA Bank enables users to earn 8% p.a. Savings rate by walking daily
Users must complete fitness challenges in August.
MSIG HK achieves highest claims settlement since 2020
Compared to the previous year, the claims settlement ratio was at 92.9%.
Government stands by brownfield operators in Yuen Long case, saying price is not important
Hong Kong's government has shown its determination to help displaced brownfield operators find space for their businesses.
Dock 1A's revamp to bring Sai Kung’s first mega shopping mall
The revamped mall will launch in Q1 2025.
Cathay Group fully repays HKSAR government’s $19.5b investment
The group has also paid the government a total of $2.44b in preference share dividends.
HK and Laos ink 12 MoUs covering trade and education collaboration
Laotian students will receive public university scholarships from the HK government.
Hainan opens visa-free travel for Hong Kong-organised group tours
Tour groups are allowed to stay in Hainan visa-free for six days.
Investors target HK retail properties with yields over 5.5% amidst rate cuts
A recent transaction yielding over 5.5% is a ground-floor unit in the Prince Commercial Building.
Grade A office leasing stalls amidst economic woes
This exerts pressure on landlords to offer generous incentives.
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