Hong Kong
AXA launches new deferred annuity plan for retirement
AXA launches new deferred annuity plan for retirement
Policyholders can withdraw guaranteed monthly annuity payments from age 50.
CK Hutchison Holdings’ Li Ka-shing remains top billionaire in HK – Forbes
The businessman logged a net worth of $292b over the past 12 months.
Hong Kong Airlines relaunches Kagoshima flights on Easter Sunday
The Kagoshima route is offered three times a week.
HKIA and HKPF inks MOU on a joint framework for legal services
The agreement will ensure the insurance market’s reliability and security.
DigiFT navigates Hong Kong expansion with fresh leadership
The firm appointed a new CEO and managing director.
BOCHK profit soars 28% YoY to $34.86b in 2023
With improved profit, the bank proposed a 23.2% YoY higher dividend per share.
Mortgage loans value drop 15% MoM to $17.9b in February
The outstanding value of mortgage loans remained virtually unchanged at $1.85t.
BEA advances in sustainability with $71b GSF loans and ESG bond investments
The bank also recorded a 31% drop in emissions.
New language proficiency rules for English and Putonghua teachers
The new rules will take effect in SY 2024-2025.
Hong Kong sets GBA mediator standards, requires training
Applicants must also have at least three years experience as a mediator.
Government boosts working family allowance rates by 15%
The increase will take effect in April.
MBA programmes in Hong Kong live up to financial hub status
MBA providers hop on experiential learning and progressive curriculums to ensure competitive edge in the rapidly evolving business landscape.
HA to pass on rates concession to tenants for Q1 2024-25
It will run from April to June this year.
Hong Kong retail sees positive momentum amidst policy relaxation: report
This year reflected a significant uptick compared to the previous year with a $2b weekly run rate.
Hang Seng Bank unveils HK$33b SME Power Up Fund
Products include an SME Financing Guarantee scheme and non-collateralized loans.
CK Asset earnings drop 24% amidst low property development bookings
However, the company still showed a promising outlook, according to S&P Global
Student accommodation crisis looms in Hong Kong amidst housing shortage
Currently, the private student housing market can only accommodate 0.4% of the total enrolled population.
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