News
Pay for workers in finance industries to increase by 3.8% and up in 2023
Pay for workers in finance industries to increase by 3.8% and up in 2023
This is likely because there will be a “greater focus” on finance tech industries this year.
How Hong Kong plans to position itself as a greener city
The government will establish a green-tech committee as part of its efforts.
Unemployment rate drops to 3.3%
There were 115,700 unemployed from December 2022 to February 2023.
Residential market sales to grow 49% in Q1 2023
It will be backed by China reopening and reduction of AVD.
Measures in place to combat abuse of public housing resources: gov’t
Over 3,000 households have either surrendered their flats or had it confiscated.
No delay in full implementation of eMPF platform: gov’t
This is despite an expected eight months setback in the platform’s delivery.
Gov’t proposes to ban disposable plastic tableware in catering premises
The proposed ban applies to both dine-in and takeaway customers.
Commercial property demand to ‘gradually strengthen’ in 2023: CBRE
In February, sales rose 23.4% MoM to 1,698 units.
Hong Kong Airlines serves four-times weekly flights to second Beijing route
The flight will return daily starting 26 March.
Wing Tai Properties braces for loss in FY22
It is expecting a loss of $50.0m.
HK is 3rd leading global city for the wealthy
There are 15,175 UHNW individuals with primary or secondary residence in HK.
Kum Lam Building up for sale via expression of interest
The property’s estimated worth is $230m.
Gov’t launches corporate internship scheme
Twenty four companies will participate in the scheme’s latest round.
Business receipts of major service industries fall double digits in Q4
The import/export trade industry recorded the largest decrease of 21.6% YoY.
What healthcare services do GBA travellers seek from HK?
GBA travellers go to HK due to treatments not being available in Mainland China.
Hong Kong Airlines to launch HK-Fukuoka flights
The flights to and from Fukuoka will begin on 7 April.
Prudential plc joins Shanghai-Hong Kong Stock Connect programme
Stocks of the insurer will now be included in Southbound trading.
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