Hong Kong
Average wage rate up 3.2% in March
Ongoing economic recovery is expected to drive labour demand.
HKMA, local bank association launch charter to prevent credit card scams
The industry is directed not to send SMS with embedded hyperlinks.
Gov’t reviews criteria for approving elderly healthcare voucher scheme
It will soon accept applications from Mainland hospitals.
HK Airlines launches additional widebody aircraft to speed up business recovery
The airline is also boosting its recruitment by looking for local and global talent.
Luxury brands mark return in HK’s retail leasing market
Chanel is amongst the brands that leased space in the city.
Gov’t greenlights 20 building plans in April
Of the plans approved, six are on Hong Kong Island.
HK’s double taxation deal with Mauritius takes effect
The pact was signed in November 2022.
The two thorns hurting Hong Kong’s land resumption plan
As the government intensifies its efforts to acquire private land for the Northern Metropolis and Northeast New Development Areas (NDAs) – for public housing and other public purposes – two crucial points are causing hiccups.
MUFG Bank closes $7b sustainability-linked syndicated term loan facility
The bank arranged the facility for HK-listed manufacturer, Kingboard Holdings.
Hong Kong resumes Cheung Muk Tau developments
The public housing developments will provide 3,480 flats.
Hong Kong Airlines offers flights to Phuket
This new route will be open four times weekly.
Five HK banks, HKECIC team up to underwrite risk on domestic sales in China
The collaboration targets to boost insurance protection for Hong Kong exporters.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
Hong Kong ranks 7th in list of world’s most competitive economies
It dropped by two places from last year.
HK greenlights amendments to the Stamp Duty bill
The amended law introduces a refund mechanism under the Buyer's Stamp Duty, amongst others.
Over 3 in 10 Hong Kong citizens sacrifice family time for wealth creation
The survey shed light on the wealth management journey of Hongkongers and Singaporeans.
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