News
Cathay Pacific to resume daily Singapore-Bangkok flights
Cathay Pacific to resume daily Singapore-Bangkok flights
The daily flights will resume on 31 March 2024.
Gov’t to relax the 'continuous contract' labour requirement
Workers under such a contract must only work 68 hours in 4 weeks.
Hang Seng Bank names new risk committee chairman
Kenneth S Y Ng is stepping down from the role.
HKMA warns of longer period of high HK dollar interbank rates
The central bank said it remains 'uncertain' when the US Fed will cut rates.
Provisional retail sales up 7.8% YoY in December 2023
For the whole year, Hong Kong saw a 16.2% increase in retail sales value.
Sun Life HK expands healthcare services for cross-border residents
The high demand for this expansion is driven by demographic shifts and government support for medical collaboration between Guangdong and Hong Kong.
Gov’t OKs stamp duty amendment bill
The amendment will adjust to the demand-side management measures for residential properties.
Gov’t to commence sale of rehousing estate units on February
The rehousing projects will provide around 6,700 flats.
Mortgage loans drop 25.3% MoM in December 2023
The value of mortgage loans approved in December was $18.3b.
Hong Kong to shorten restaurant licensing compliance
Restaurants can now get a certification before an on-site check.
Hong Kong banks, telcos seek tech-savvy legal professionals
In addition to tech expertise, there’s also a growing demand for soft skills.
Six in 10 Hongkongers willing to spend more on travel in 2024
Travellers plan to splurge 30%-50% more on 2024 adventures.
Economy grows 4.3% YoY in 4Q23
For the whole of 2023, GDP grew 3.2% YoY.
Standard Chartered, FreightAmigo team up to streamline financing for HK’s SMEs
The partnership will utilise "federated learning" developed by the Hong Kong ASTRI.
HK regulator sets 50% insurance mandate for cryptocurrency exchanges
Thirteen entities are currently in the application process for virtual asset trading licences.
FTLife taps various industry players to expand business network
The move aims to expand the insurer’s reach in the GBA.
Cathay Cargo Terminal launches e-shipment release forms
The forms will accelerate the import collection process.
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