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Hong Kong approves financial estimates for rail line extension
Hong Kong approves financial estimates for rail line extension
Construction is expected to start mid-2023.
HK Govt records $77b deficit for FY2023
It also recorded expenditures worth $643.5b and revenue of $501.3b.
Japan, Korea lifts HK flight restrictions
The lifting of restrictions could bring more convenience to travelers, the city government said.
Hong Kong lifts mask wearing requirement
The mask rule, however, will still apply to public hospitals.
Exports value falls 36.7% YoY to $290.9b in January 2023
The slackened external environment contributed to the fall.
Only 1 in 8 can pay for medical costs associated with serious illness: survey
50% said that they have enough savings and a stable job to pay the medical bills.
HK Immigration adjusts requirements for entry application
Anyone is required to declare if they have any criminal convictions during application.
Hong Kong, Shenzhen holds collaboration meeting for implementing North Metropolis
Representatives from the two cities will also enhance their co-operative efforts.
Hong Kong to invests $6b for health technology, $3b for AI
Secretary Sun Dong ensured that the investments are financially feasible.
Digital economy “a key driver” for HK growth: FS Chan
Secretary Chan also believes digitalisation will diversify the economy
Hongkong Land’s flexible office space reach 90% occupancy rate
Centricity Flex lured diverse financial and professional services tenants.
HSBC welcomes Hong Kong’s HK$100m bid to attract family office
Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.
Budget 2023: Gov’t balances fiscal prudence with support amid rising costs
An expert from PwC said the budget was “well-calibrated.”
Business organisations applaud 2023 budget proposals
Under the budget, the government will allocate an additional $550m in funding to HKTDC.
Consumer prices rise 2.4% YoY in January
The rate of increase picked up from December.
Border reopening boosts retail sentiment: CBRE
Asking rents in tourist hotspots have increased since January.
Expert sees little chance of relaxation on property cooling measures
JLL, Colliers, and CBRE weigh in on the latest budget measures for property.
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