News

Port cargo throughput decreased 14.3% YoY

The total throughput recorded was 213.7 million tonnes.

AIA acquires Blue Cross for $1.53b

This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA. 

Retail sales value up by 4.1% in January

The growth, however, was lower than the December 2021 record of 6.1%.

DBS Hong Kong suspends counter services in 14 branches

All branches will be closed every Saturday.

72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m

The industrial building in Kwai Ching will be sold on an “as-is” basis.

Hong Kong property sales down by 32.4% MoM in February 

Total consideration for sale and purchase of properties also went down by 33.7% MoM.

Bill on rental moratorium may pressure tenants, landlords: CBRE

The proposed law will pose potential cash flow issues.

Around 5 of 10 FIs use robotic process automation

This is expected to grow as 31% plan to adopt RPA in the next 6 months.

76% of employers consider salary hikes in 2022: Hays

However, data showed people are expecting higher than what employers can give.

Hong Kong falls 19 places to 77th in latest liveability rankings

COVID-19 restrictions and tightened press freedom contributed to the dip in the list. 

SMEs to receive half-price concession measures

It applies to new R&Ds, consultancy projects, and testing services.

Gov't postpones retail green bonds launch

The postponement aimed to decrease the risk of COVID-19 spread.

7 of 10 Hongkongers priotise compensation in career choice: Randstad

Non-financial employee benefits were found rarely considered.

Nominations are now open for HKB National Business Awards 2022

The most prestigious celebration of Hong Kong's business champions is accepting entries until 17 June 2022.

About $1.26b of budget earmarked for tourism support

This follows the $3.8b earlier investment to make HK a tourism destination.