Hong Kong
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
FWD and ESDlife debut health and wellness platform
The insurer saw health insurance claims surge last year by 18%.
AXA HK, Macau unveil new travel insurance via partnership
It offers coverage in personal liability of up to $260m.
HKBU develops more accurate way to inspect sulphur-treated food, Chinese herbal medicine
This approach uses tryptophan sulphonate.
2 in 5 Gen Zs, Millenials want to ditch their jobs thanks to financial stress
Both millennials and gen Zs in HK want wellness solutions in the workplace.
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
AusMed and Merck collaborate on global diabetes care advancement
The partnership will streamline AusMed’s non-invasive breath ketone management system.
Half of restaurants expect a summer takeaway surge
In response, restaurants are curating summer menus.
Hong Kong to establish centre for rare diseases in Hong Kong Children's Hospital
The upcoming facility will be located in the Hong Kong Children’s Hospital.
Insurance authority intervenes amidst Tahoe Life financial woes
Despite appointing advisors in 2023, the insurer failed to provide deliverables.
Eddie Yue reappointed chief exec of Hong Kong central bank
His annual fixed pay is $7.4m for the five-year term.
Hong Kong offers rent-free shop premises for start-ups
The programme will run for 7 months.
New cancer drugs added to HK’s drug formulary
Patients using these drugs will pay only standard fees.
Projected private flat supply in HK reduced by 3,000 units
About 19,000 units in completed projects remain unsold as of the end of June.
Gov’t rejects tender for Chai Wan site
It received only one tender for the site
9 in 10 CEOs embrace hybrid working: survey
Almost 8 in 10 noted improved employee engagement thanks to hybrid working.
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