News
Swire Pacific acquires controlling stake in DeltaHealth
Swire Pacific acquires controlling stake in DeltaHealth
The company signed definitive agreements to increase its stake in March.
Gov't responds to potential IT system data leak
The incident was due to a data migration error.
Property interest surges as cooling measures end
Half of affluent buyers see improved property buying conditions.
Hong Kong restaurants saw 37% uptick in takeaways supported by food delivery aggregators
34% of restaurants attribute 30% of their revenue to delivery platforms.
Sun Life unveils new ESG-focused critical illness plan
The plan covers 188 illnesses and 38 complex surgeries.
HKIA welcomes World Bank’s second Cat bond, worth $150m
It will offer coverage against storm risks in Jamaica.
Hong Kong cap rates flat in Q1 2024
Overall, the removal of special stamp duties helped improve market sentiment and demand.
PwC and Xalts partner to promote tokenization in finance
The deal will allow both parties to leverage on business opportunities in blockchain technology.
Hong Kong extends green and sustainable finance grant scheme for 3 years
The grant scheme will also expand to cover transition bonds and loans.
Retail sales value dip by 7% MoM to $31.2b in March
Amongst retail outlets, "jewellery, watches and clocks, and valuable gifts" recorded the steepest decline.
Hapag-Lloyd adopts IQAX’s electronic lading billing technology
The move is seen to hasten the transition towards 100% paperless billing by 2030.
Hang Seng upgrades annuity plan
Only 22% of professionals felt confident about their retirement funds.
Govt to raise protection limit of Deposit Protection Scheme
The protection limit will be increased by $300,000.
Property sales soar 97.1% MoM in March
March transactions posted a total consideration of $83.9b.
New law aids HK businesses against Mainland infringers
Reciprocal legal enforcement aids cross-border commerce.
Pacific Prime and MixCare partner for employee wellness in HK
Pacific Prime's customers will now have access to MixCare's platform.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.