News

New funding round for professional organisations starts June 1

The government allocated $200m to subsidise non-profit industry projects.

CLPe to install 2,000 bifacial solar panels on CityUHK buildings

The panels generate about 10% more electricity than traditional ones.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

Companies adapt to new HKEX climate disclosures

Enhanced transparency and strategic adjustments drive corporate responses to the amended ESG Framework at the Hong Kong Stock Exchange.

HK amongst areas with costliest office fit out in APAC

Office fit-out costs $1,149 psf on average. 

Scrapping of cooling measures fails to lift housing market

The volume of residential transactions over $50m in February fell 28.6%, MOM.

OFCA launches labelling scheme to boost 5G indoor coverage in buildings

It will push mobile network operators (MNOs) to improve 5G network coverage indoors.

Dr. So Wing-yee named hospital chief executive of North District Hospital

She brings extensive experience in healthcare management at corporate and cluster levels. 

Fixed comm services revenue to grow 2% in 5 years

This is thanks to the fixed broadband service segment. 

Hongkong Land surpasses halfway mark in 2030 carbon reduction target

It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.

Retail rents under pressure as sales dip in May

Prime retail street rents, however, have gained momentum.

iFast launches $300m debt programme 

OCBC will act as the programme’s sole arranger and dealer.

Singapore assets boost Link REIT FY24 NPI by 9.5% YoY

Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).

Hong Kong Investors wary of insurer growth divergence

IFRS 17 tends to undervalue savings contracts, Jefferies noted.

Prudential Hong Kong forms alliance with 7 local hospitals

This partnership aims to build a healthcare ecosystem in Hong Kong.