News

Unemployment rate down 4.3% in May to July

Number of jobless persons declined by 10,400.

DBS appoints Dennis Lam as CEO of DBS Vickers Hong Kong

He was former the deputy head of research in DBS Hong Kong.

Yum China seeks primary listing in HKEX

It will be dual primary listed as it is also part of the NYSE.

HK grants relief measures for public rental housing tenants

The SHC will waive the extra rent payable in the first 12 months after the rent adjustment.

Hing Wai Ice & Cold Storage for sale

The 12-storey facility features direct sea access along Aberdeen Harbour.

HKTDC inks agreement facilitating economic exchange with Aomori Prefectural Government 

The agreement will create opportunities for businesses in both locations.

Sha Tin lot to be launched for sale on Aug. 19

The site will be sold by public tender.

Economy shrinks by 1.3% YoY in Q2

This marks the second consecutive quarter of GDP contraction.

BOC HK, BOC Life launch green savings insurance plan

It offers up to a 3% annualised guaranteed rate of return at policy maturity.

Export and import volumes fall in June as prices soar in Hong Kong

Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.

Population dips 1.6% in H1 2022 amidst persistent low fertility rates

The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.

Gov't launches new round of Fintech training, subsidy scheme

Subsidy for each approved project increased to $150,000.

Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12

Under the model, workers will be quarantined for three nights in designated hotels.