News
PMI soars to an 11-year high of 54.9 in May: S&P Global
PMI soars to an 11-year high of 54.9 in May: S&P Global
The growth was driven by reduced COVID disruptions.
Gov’t starts 6-month trial scheme for tourism opening of Sha Tau Kok Pier
After the trial, the government will decide whether it will fully reopen Sha Tau Kok town.
Opening of new East Rail Line section to boost home prices
The extension of the East Rail Line will shorten travelling time for residents.
Hong Kong extends stranded vehicle measures
The measures were rolled out last December.
Property sales up 63.8% in May
However, it’s 11.3% lower compared to the previous year.
Port cargo throughput sinks by 13.8% YoY in Q1
The decrease in both inward and outward port cargo drove the overall decline.
1 in 2 Hong Kongers said they have ‘no spare money’ for insurance
This is despite 80% saying they understood the importance of insurance.
Elevating ‘air taxi’ thru helicopter services in Hong Kong, Guangdong sought
Point-to-point air transport will be promoted to high-end travellers.
Gov't to roll out $769m relief for the public transport sector
The relief measures include fuel subsidy and reimbursement for losses.
HK retains operation restrictions on restaurants, bars
Chief Executive Lam said there will be no relaxation before the end of June.
JLL to close leasing transaction in retail podium Maya by Nouvelle
This is the largest retail leasing deal so far in Kowloon East in 2022.
University of Hong Kong, Sinopharm launch trial of Omicron-targeting vaccine
A total of 1,800 adult volunteers will be needed for the trial.
Swiss WorldCargo hops into Cathay Pacific and Lufthansa Cargo's business pact
The three will work together on handling shipments between HK and Europe.
How did Hong Kong’s insurance industry fared in its first quarter?
The industry showed only flat growth across both long-term and general business.
HK dollar deposits decrease by 0.5% in April
Total deposits with authorised institutions decreased by 0.3% in April.
Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021
The bank also donated millions to support flood relief efforts.
HKPC launches Green Hall
This will help Hong Kong achieve its carbon neutrality goal before 2050.
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