Hong Kong
Public housing construction expenditure pegged at $115b from 2017-2022
Public housing construction expenditure pegged at $115b from 2017-2022
The ten-year public housing supply target is estimated at 280,000 units.
HKMA launches consultation on Open API framework
It is part of the agency’s initiatives to transition into an era of smart banking.
Housing Society unveils policy evicting wealthier tenants to accommodate the needy
The new policy aims to ensure a more effective allocation of subsidised housing resources.
Committee formed to monitor taxi service quality
It will monitor the service quality of about 18,000 taxis in Hong Kong.
Hang Seng Bank rolls out first retail banking chatbots
Dori and Haro can communicate in Chinese, English and understand Cantonese.
Hong Kong is the world's 21st most powerful passport
Passport holders can enjoy visa-free access to a total of 155 countries.
Here's what insulates Hong Kong's property market from rate hikes
Unless there’s a large market crisis, the market is well-shielded from rising interest rates.
Tung Chung reclamation and advance works contract signed for $12.08b
The project will provide 49,000 residential flats and 870,000 sqm of commercial floor space.
Monetary Authority to develop faster payment system
It aims to provide banks with a system to provide real-time credit transfer.
Lands Department issued 37 residential pre-sale consents in 2017
This involves the building of 16,408 residential units last year.
Housing market starts to cool: Credit Suisse
Home prices are projected to rise 3% in 2018 compared to 13% in 2017.
Temp work to boom in project management and finance sector
Contractual business analysts and PMO specialists are projected to be in high demand.
Which sector dominated the IPO market in 2017?
A company from this sector raised a whopping $17.2b last year.
Housing Authority sets rent for 6 public rental housing estates
More than 77% of the flats will rent for less than $2.500 monthly.
Property deals up 14.8% in 2017
The total deal consideration was $726.42b.
Investors still flock to Hong Kong's IPO market despite lacklustre year
Bloomberg reports that the recent IPO of Chinese eye-clinic drew the highest retail participation in 11 years.
HKQAA launches Green Finance Certification Scheme
It aims to support environmentally-friendly investments.
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