Hong Kong

Cathay Pacific’s passenger volume soars 66.4% YoY in January 2024

The airline carried 1.7 million passengers during the month.

GHG emissions tools launched in HK

These tools will assist SME and financial firms in the city with sustainability reporting.

AI growth spurs HK data centres demand surge

Global data creation is expected to double in the next five years.

HKTDC outlines priorities to boost global business, C&E hub 

Amongst the focus areas is strengthening presence in the GBA.

Hong Kong's Forbes 50 richest combined wealth falls 9%

Hong Kong’s wealthiest saw his fortune dip by 7%.

HK insurance firms willing to invest in tech attract candidates in the sector

Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.

Hong Kong eyes late 2024 to early 2025 for LNG bunkering

Transport Minister Lam Sai-hung noted, however, that supply remains a challenge.

1.43 million flock to Hong Kong during Golden Week

Around 1.255 million travellers were from the Mainland.

Gov’t sets up 'Silver Economy' panel

The panel will explore the economic potential of Hong Kong's growing elderly population.

EU removes HK from tax cooperation watchlist 

The city’s removal follows the implementation of a new foreign-sourced income exemption regime.

HK extends Elderly Health Care Voucher Scheme to GBA

The selection criteria for the scheme include service quality, management experience, and location.

Population grows by 0.4% in 2023

The government attributed the increase to the net inflow of 51,700 residents.

Unemployment rate stands at 2.9%

There were 102,600 unemployed people from November 2023 to January.

BOCHK grants $625.5m sustainable loan to Shangri-La Asia

Shangri-La will receive interest rate reductions when ESG targets are achieved.

HKIA warns of risks in premiums financing, “double-edged sword”

The authority urges insurers to seek professional advice before premium financing.

Commercial floors at Harbourfront Landmark in Hung Hom up for auction

The bid price for the properties will be revealed nearer to the auction date.