News

Gov't eases property cooling measures 

Gov't eases property cooling measures 

The adjustments include a reduction of the buyer's stamp duty to 7.5%.

Gov't on track to reduce waiting time for public rental housing

The government said that it has identified sufficient land to meet demand from 2024 to 2025.

HK talent engagement scheme attracts 160,000 applications

The government has outlined additional measures to continue to remain globally competitive.

CE Lee lays out plans to position HK as an int'l shipping centre and aviation hub

Chief Executive John Lee said the government will press ahead with the Three‑Runway System under the "Airport City" vision.

Northern Metropolis to create 500,000 new jobs

It will also provide about 500,000 new housing units.

PiD has launches world's first NFC pet identity display card and platform

PiD offers a dedicated platform for effective pet health management, allowing users to record and share comprehensive medical data with veterinarians.

EiD's NFC electronic card marks new era of Name Card with free personalised promotion platform

Users can share contacts effortlessly, customise, and protect their information, all whilst reducing their environmental footprint.

HK-based private equity firm  to acquire Luye Medical's health units in Singapore

Templewater will acquire an oncology and a cardiology group from Luye Medical.

Luxury home prices to fall up to 5% this year: JLL

Prices are also likely to fall another 5% in 2024.

HK passport holders to enjoy longer stay in Albania, Uganda

Hongkongers can stay in the two countries visa-free for up to 90 days.

Cathay Pacific’s passenger volume soars 480.1% YoY in September

The airline carried 1.5 million passengers during the month.

Consumer prices rise 2% YoY in September

The rate of increase in September was faster than August's.

Residential price edges down by 1.4% MoM in August

August marked the fourth month of price decrease. 

Unemployment rate remains at 2.8% in July-September

The underemployment rate was the same at 1%.

Unit sales of tech and durables market drop 7% YoY in 1H23

Across subsegments, IT recorded the biggest drop in value USD terms, falling -22%.