Hong Kong

Handed in March last year, the ban was lifted two months earlier than expected.

The number of card payments is expected to hit 1 billion in 2020.

These were mostly under the hospitality, retail and logistics industries.

Small and medium enterprises now represent a major engine of growth for Asia, comprising over 97% of all businesses in the region and making significant contributions to the region’s economy. It’s a similar story here in Hong Kong, where over 98% of business establishments are SMEs, considered by the Government to be “of crucial importance to the development of our economy.”

Standard Chartered won the Grand Enterprise Award for Bank of the Year.

Amidst uncertainties, China’s stimulus policies and Sino-US trade negotiations could provide some relief.

The advertising startup allows their users to earn cash rewards when watching ads on their platform.

The number of transactions higher than $100m reached only 30% of the five-year average in Q4.

The company specialises in remote teeth straightening therapy.

The virtual bank’s rate is said to have outpaced the big traditional players’ offers.

People in Hong Kong are taking the future of work into their own hands.

The platform uses a neural network in scanning CVs.

Sales of luxury goods fell 43.5% despite the Christmas season.

Reforms on weighted voting right is boosting diversification of the capital market.

Low confidence levels could reduce demand for credit and lending and revenue growth.

December deals crashed 41.7% to 3,908.