News
Hong Kong’s Fusion Bank launches investment services
They can use the services for a subscription fee of as low as HK$10 or US$1.
Gov’t lays out policies, measures on family office businesses
Amongst measures include profits tax exemption for family-owned investment holding vehicles.
HKEX expands listing rules for Specialist Tech Companies
Changes in the listing will take effect on 31 March.
Walter Liu appointed as new American Express’ head of Asia Region
He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.
Hang Seng Bank prime lending rate unchanged at 5.625%
The HKD bonus interest rate was also unchanged.
Buildings Department approves 23 construction plans last January
The department also issued 17 occupational permits.
Three-quarters of employees want to move within GBA for career prospects: KPMG
Better industry prospects is the top motivator for those who want to relocate.
HK loses crown as top financial centre in APAC
It lost to Singapore by one point.
Which sectors received highest pay increments in 2022?
Financial services had the highest increments.
Bank of China HK’s prime, savings deposit rate unchanged
Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.
HKMA raises its base rate to 5.25%
The new rate took effect on 23 March.
Hong Kong government issues first tokenised green bond
HKMA issued HKD tokens, which were exchanged for fiat money provided by banks.
Revised Code of Practice seeks to combat ‘job-hopping’ amongst FDHs
The revisions required agencies to tell that changing employers will not be approved.
HK banking system 'resilient’ amidst the Credit Suisse fallout
HKMA and SFC are closely monitoring the situation.
Patek Philippe is exhibiting its new “Rare Handcrafts 2023” collection
It will be presented at its Salons in Geneva.
Gov’t unveil toll plans for three harbour crossings
One of its plans is to implement a fixed toll at Western Harbour Crossing.
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