News
Hong Kong Insurance Authority reappoints CEO
Hong Kong Insurance Authority reappoints CEO
His reappointment is effective 15 August 2023 to 14 August 2026.
Hong Kong GDP to grow 4% to 5% in 2023
Full-year GDP growth is now expected to fall between 4% to 5%.
Hong Kong faces likely shortage of 60,000 elderly residential places
JLL expert urges swift action to shelter the growing elderly population before other demographics share in the same housing woes.
Hong Kong real estate adapts to shifting trends
Amidst mixed performance of Asia Pacific property market, Knight Frank expert cites Hong Kong’s ability to make adjustments and embrace co-living concept.
En-bloc commercial building on Nathan Street up for sale
The 16-storey building currently has a 100% occupancy.
Inbound tourism push the HK economy to further recovery in 2Q23
In Q2, GDP grew by 1.5% YoY.
AirAsia launches new HK-Penang route
The airline also has a flash deal promo for this new route.
Hong Kong, Zhongshan to reinforce cooperation
They will cooperate in various areas such as finance and trade, amongst others.
Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts
The digital investment platform held a seminar alongside the product’s launch.
HK reports lowest-ever Q2 performance in investment and deals
The market reported US$1.3b in closed deals.
Dining with AI celebs and more: Hongkongers unveil ways they want to dine by 2040
Six in 10 consumers want to experience immersive dining.
Cathay Group rebounds from loss, posts $4.3b profit in 1H23
The group’s 1H23 profit translates to a 9,267% YoY jump.
Mastercard enables China visitors payment option through WeChat Pay
Inbound cross-border travel to China improved to around 50% of 2019 levels.
Foreign currency reserves hit US$421.6b in July
It rose from the US$417.3b record in June.
Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey
Personalisation, improved claims, and cost savings influenced their trust.
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