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The card offers up to 10% cash rebate and Pay Later options.

More than half of firms posted an increase in their average wage rates.

The value of exports has fallen behind the value of imports.   The value of Hong Kong exports dropped by 1.4% to $388.1b in May, falling behind the value of imports which rose 1.3% to $424.8b, the Census & Statistics Department said.   Given the decline in export value, the trade deficit clocked at $36.7b or 8.6% of the value of imports.    According to the government, the value of exports declined in May as the “global economy faced increasing headwinds.” It added that exports to the Mainland also fell further in the same month.    Looking ahead, the government said the “worsened global economic prospects will continue to weigh on the city’s export performance.”   “The step-up in monetary policy tightening by many major central banks, the development of the Ukraine situation as well as the pandemic’s lingering threat also add uncertainties,” it added.

Negative tests are required from customers of bars, pubs, clubs, and nightclubs.

It is expected to benefit 430,000 taxpayers.

CE Lam says Xi’s attendance shows central authorities’ support for Hong Kong.

Fuel hedging refers to buying oil in the future at a fixed earlier price.

The 5,164-square-metre site has 155 private property interests.

It backs the proposal to control cannabidiol under the anti-drug ordinance.

The ordinance will implement four major measures.

The compound annual growth rate will be slower than the global rate.

The new round followed a seven-figure pre-series A funding round last year.

It is smaller than the increase in April 2022 with 1.3%.

It is the eighth consecutive month that the office market had positive take-up.

The committee will be led by the Financial Secretary. 

The original closing date was 7 July.   The tender for The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723 at Hoi Yu Street, Quarry Bay, was moved to noon of 25 July upon request of potential buyers.   Originally, the tender was to close on 7 July.   “We receive requests from most of the potential buyers demanding extra time to study the property thoroughly and make informed internal discussion,” CBRE, the property’s marketing agent, said.   CBRE said the property received interest from developers from Hong Kong and China, real estate investment trusts (REITs), institutional funds, family offices, and private investors.   The site for sale is expected to be developed into a large-scale mixed-use complex for commercial, leisure and tourism use.