Hong Kong

Dah Sing Bank raises deposit rate and prime rate

The deposit rate is now 0.75% per annum.

Dah Sing Bank raises deposit rate and prime rate

The deposit rate is now 0.75% per annum.

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links.

BOCHK raises prime lending rate to 5.75%

The HKD savings deposit rate was also adjusted.

Hang Seng Bank changes its board composition

Michael Wu Wei Kuo retired as the Independent Non-executive Director.

DBS Hong Kong launches WMC Northbound scheme

Investors can invest in products from Mainland fund managers using the new scheme.

Hang Seng increases HKD prime rate and savings rate starting 5 May

Amongst considerations in the adjustments is interbank rates.

Hong Kong Monetary Authority raises base rate to 5.5%

The growth came from a 25-point upward adjustment or a 3.28% average HIBORs.

Hong Kong Gov't issues 2.4m tax returns

Reductions from the amended Inland Revenue would reflect in their tax returns.

Property transactions fell 33.1%

On a yearly basis, it grew 18.6%.

Tender prices in HK construction market to grow 4.0% in 2023

The city's post-pandemic appetite for megaprojects might raise the prices for materials and labour.

HK economy grows 2.7% in Q1 

Q1 ended the four consecutive quarters of GDP decline.

Gov't opens northbound travel to Guangdong for private vehicles

Approved applicants can now travel between the city and Guangdong starting 1 June.

Frontline and low-skill roles to become more attractive following wage hike 

The government raised the Statutory Minimum Wage to $40 per hour.

What's in? SHOPLINE unveils 4 trends in HK's e-commerce market

The platform said online shopping is steadily growing as its merchants reached over 3.35 million customers in 2022.