News
Lands Department to continue works at Mong Kok site
Lands Department to continue works at Mong Kok site
The resumption is for the enforcement of an urban renewal project.
Fast tracking land dev’t processes won’t preempt LegCo’s functions: gov’t
The Development Bureau is eyeing to accelerate land production.
HK, Guangdong adjust cross-boundary goods vehicle transport arrangement
The governments adjusted the arrangement to a point-to-point mode.
Gov’t to US: Withdraw erroneous ‘tariff measures as early as possible’
The global trade body said the tariffs on steel imports violated trade measures.
Global recovery boosts increases in inward, outward DI
Total inward and outward direct investments went up by 17% and 12.1%, respectively.
Hong Kong economy may expand by 3.5% in 2023: BEA
The economy is expected to contract by around 3% in 2022.
Government proposes measure to expedite development procedures
The bill outlined five directions to amend the current procedures.
Rent level for new public housing flats set
The rent will apply to 7,595 flats in Lai Yiu and Hei Yiu Estates.
Hong Kong’s Fusion Bank offer digital loans for BYD electric cars
The loan has an annual percentage rate (APR) of as low as 3.9%.
Gov’t cuts quarantine period to 5 days
Patients and close contacts, however, must obtain negative test results first.
External environment, cross-border travel disruption weigh business sentiment
Business receipts in the third quarter showed decreases, the C&SD reported.
Office rents to decline 3%-5% in 2023: report
The demand will remain sluggish due to global and local economic situations.
DBS to launch IATA Pay in Hong Kong, Indonesia, Singapore
Airlines can access up to US$20b in savings from payment processing fees.
Asia-Pacific carriers to suffer $10b loss in 2022: IATA
This will narrow to a $6.6b loss in the following year.
Gov’t ramps up efforts to attract global talent
Amongst efforts include the establishment of the Talents Service Unit.
Hang Seng Bank appoints new Chief Marketing Officer
Jordan Cheung will take the position, starting 19 December.
Legislative Councils OKs anti-money laundering bill
The bill requires persons engaging in VA activities to apply for a license from SFC.
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