Hong Kong

The former agent mishandled and misappropriated premium payments from two policyholders. 

Amongst initiatives include reduction of SMS OTP reliance and adoption of tokenisation.

Year-on-year, sales dropped 33.9%.

Net interest margin rose 36 basis points during the first nine months of 2023.

Tourism and private consumption will underpin growth; exports remain weak.

Its HKD savings deposit rates also remain unchanged.

Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate.

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.

Online retail sales accounted for 11% of the total value.

Higher salary is still the top reason why people are changing jobs.

The government expenditure was $355.6b from April to September. 

Markato has over 200 brands from markets like Europe, the United States, and Australia.

It sets a new standard for smart mobility solutions, elevating customer experience, efficiency, and inclusivity whilst contributing significantly to Hong Kong's smart city development.

It is now inviting customers to participate in the pilot.

45% have neobank accounts, and another 30% looks to sign-up over the next 3 months.

APAC must accelerate retrofitting of buildings to meet this demand.