Hong Kong
2024-2025 budget likely to focus on boosting recovery: expert
2024-2025 budget likely to focus on boosting recovery: expert
UOB experts expect measures on housing, low fertility, and talent.
HK Express adds 2 new connections to its 'Air + Ferry Pass' service
The new connections commenced operations on 22 December 2023.
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 3 January 2024.
Gov’t approves 10 building plans
The approved plans are for residential, commercial, and industrial developments.
Lantau Island site sold for $203m
APEX King was the successful tenderer.
Gov’t heightens penalty for illegal car-hailing activities
New measures include increasing the maximum fine and term of imprisonment for violators.
Cathay Pacific revenue jumps 148.3% YoY in November 2023
Total passenger carried count over 1.6m.
HKEX CEO retires, new leadership will take over next year
CEO Alejandro Nicolas Aguzin will be replaced by Bonnie Chan Yiting beginning 24 May 2024.
HKHS network infrastructure upgrade brings an operational edge
Its initiative earned an award at the HKB Technology Excellence Awards.
Gov’t to amend land redevelopment bill
The amendment will expedite the consolidation of property interests.
HKMA reprimands TNG Asia for inadequate compliance systems
The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.
What you need to know about the Capital Investment Entrant Scheme
Applications for the scheme will begin in mid-2024.
Unemployment rate remains at 2.9%
There were 112,400 unemployed people from September to November.
5 measures investors and businesses must be aware of in 2024
One of the measures will exempt onshore disposal gains from profits tax.
ZA Bank’s Global Transfer service helps save HK$4m in transfer fees
Over 90% of the international money transfers are completed within a day’s time.
Digital fraud trends peaked during the holiday shopping season - TransUnion
72% of Hong Kongers are concerned with being victimised by online fraud this holiday season.
Hong Kong Airlines launched seasonal flights to Yonago and Hakodate
The service will be available until February 2024.
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