News

Two Sessions conclusion fuels Hong Kong’s goals for future development

The Two sessions’ key theme is new quality productive forces.

Hong Kong emerges as 10th most globalised market

In 2023 edition of the index, Hong Kong ranked 31st out of 181 markets.

Cathay Pacific soars to $9.78b net profit in 2023 after pandemic losses

The company achieved its end-2023 group target of operating 70% of pre-pandemic passenger flights.

Luxury residential rentals declined in 4Q23

Some tenants reportedly prefer renting instead of owning.

Hongkong Land trims its debt by 7% in 2023

S&P Global expects HKL’s luxury retail segment to drive growth in 2024.

NTT launches ‘NTT Innovation Alliance Programme’

The program will provide access to NTT's technology solutions and operational support.

New route linking Hong Kong, Beijing Daxing Int’l Airport inaugurated

It will offer travellers more options between the Chinese mainland and Hong Kong.

Greater Bay Area’s development boosts HK competitiveness

Hong Kong is in a unique position to enhance its role as an offshore renminbi service hub.

Cathay Cargo Terminal, Hong Kong Air Cargo Terminals achieve IEnvA certification

They are the first cargo handling companies to attain the certification in Asia.

USCGI, WFPF, CFFPD ink MoU for sustainable agriculture

The partnership aims for innovation in Agriculture.

HSBC Life tops Hong Kong’s insurance industry in 2023

HSBC Life’s business premium amongst the biggest market share contributors.

Business receipts for most industries grew in 4Q2023

The transportation and courier industries saw declines in FY2023.

Supply chain company Yunnan Energy slashes net loss by over 40%

The company will report its annual results by mid-March 2024.

CRE investors bullish on Singapore and Hong Kong retail revival

Wealthy investors from Europe and Taiwan are showing interest in investing in Singapore.

SME business sentiment rises in February

Current diffusion index rose to 43.9.

Trade value to mainland dampens in 2023

Total exports to the mainland are 6.5% YoY.