Hong Kong
AIA acquires Blue Cross for $1.53b
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.
Penny’s Bay Quarantine Center to launch as community isolation facility
This comes as the government reported 351 cases today.
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.
'Vaccine measures won't be lifted anytime soon': Carrie Lam
Areas of concern include the quarantine hotel and pet shop clusters.
HK visitor arrivals down 97.4% YoY in December
The tourism board attributes this to anti-epidemic measures involving border control.
Northern Metropolis project to house 2.5 million people
But the number of homes to be built under the project are 'fewer than expected'.
Why Hong Kong needs a corporate wellness paradigm shift now
By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.
Hong Kong rubber stamps first standard patent by original grant
The country’s new grant system now allows a direct route for patent protection.