Hong Kong

Government to launch next phase of Employment Support Scheme

The next round will be focused on helping SMEs. 

Government to launch next phase of Employment Support Scheme

The next round will be focused on helping SMEs. 

Six Hong Kong securities firms rated as credit negative due to China’s property stress

Despite this, strong parent support and low leverage are expected to mitigate its potential impact. 

SME receipts diffusion index dips to 29.9 for February

The logistics and real estate sectors saw the most dips at 20 and 25.9, respectively.

Deliveroo expends $2m in plastic-free incentives with restaurants

This was the result of a partnership between the delivery company and Sustainabl.

OLA to continue subsidy efforts under Anti-Epidemic Fund's 6th round

The application period is set to last until 17 March.

AIA acquires Blue Cross for $1.53b

This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA. 

Around 5 of 10 FIs use robotic process automation

This is expected to grow as 31% plan to adopt RPA in the next 6 months.

Hong Kong falls 19 places to 77th in latest liveability rankings

COVID-19 restrictions and tightened press freedom contributed to the dip in the list. 

Fifth Covid wave to lower residential sales volumes and retail sales: Moody's

Companies are expected to weather out disruptions for up to 6 months.

About $1.26b of budget earmarked for tourism support

This follows the $3.8b earlier investment to make HK a tourism destination.

Grade A office rents vacancy rates down 0.2% to 9.4% for January

This continues a four-month streak of positive net absorption. 

Here are the 5 key trends that will shape the labour market

This is against the backdrop of an era-defining hybrid phenomenon, IWG said.

6 of 10 SMEs face logistical challenges

56%, meanwhile, look to increase the use of on-demand delivery.

HKMA records 0.4% increase in total deposits in December 2021

Local currency deposits, meanwhile, decreased by 0.8%.

88 Robinson Road completes sale by public auction

JLL served as the auctioneer for the property.

Social distancing measures to see 14-day extension

The period covered will be from 21 January to 20 February.