Hong Kong
Gov't issues resumption notices for Hung Shui Kiu/Ha Tsuen NDA
It is expected to provide approximately 66,700 new housing units.
Ombudsman launches investigation on PRH recovery workflow
Refurbishing a vacant PRH flat takes 44 days.
Cathay Cargo signs agreement with Northlink for cargo terminal access
It will serve as a technical stop for its transpacific Boeing 747 freighter and cargo operations.
Gov't urged to roll out further reforms to attract more investments
The government should capitalise on its strengths to attract foreign investments.
PCPD finds 23 blind ads, convicts 26 over doxxing
It has received 57 enquiries and 11 complaints regarding Blind Ads.
HKSAR and Beijing sign cooperation agreement on industrialisation efforts
The agreement will also promote cooperation in industry and information technology.
EASA updates airworthiness directive for Airbus A350 Rolls-Royce engines
The directive follows inspections revealing that the engine fuel hose may cause fuel leaks.
Cathay Airbus defect could lead to ‘extensive’ damage, Hong Kong probe reveals
The investigation found that a ruptured fuel hose connected to one of the engine’s fuel spray nozzles caused the fire.
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower.
HDI Global names new Hong Kong branch CEO, Director
The new CEO’s role is effective 1 November.
ZA Bank cuts installment loan interest rate
Applicants get a cash reward of up to $188.6 until 30 September.
BEA lowers HK dollar savings rate, prime rate
The new rates come into effect on 20 September 2024.
HKMA reduces base rate to 5.25% in response to US Fed rate cut
The US Fed imposed a 50bps cut to its federal funds rate.
Hong Kong investors take 'aggressive' approach, seek personalised advice
Almost half of HNWIs investors use advisory services.
Luxury brands set to double retail space at K11 Musea
This expansion capitalises on the prime location and increasing foot traffic of K11 Musea.
Hong Kong leads crypto market growth in Eastern Asia at 85.6%
The growth was fueled by the country’s supportive regulatory frameworks.
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