Hong Kong

HKMA raises its base rate to 5.25%

The new rate took effect on 23 March.

HKMA raises its base rate to 5.25%

The new rate took effect on 23 March.

Hong Kong government issues first tokenised green bond

HKMA issued HKD tokens, which were exchanged for fiat money provided by banks.

Revised Code of Practice seeks to combat ‘job-hopping’ amongst FDHs

The revisions required agencies to tell that changing employers will not be approved.

HK banking system 'resilient’ amidst the Credit Suisse fallout

HKMA and SFC are closely monitoring the situation.

Gov’t unveil toll plans for three harbour crossings

One of its plans is to implement a fixed toll at Western Harbour Crossing.

Digitally-skilled employees can boost HK’s annual GDP by US$47.5b: study 

Those with advanced digital skills can contribute about US$5.4b.

Amended listing rules to compel Chinese tech firms to list on HKEX: report

This amidst the global political conflict between the US and China.

Business sentiment of HK exporters improve in Q123

The Hong Kong Export Index has risen by 9.3 points to 39.0.

Gov’t introduces changes to MTR fare mechanism

These changes include the lowering of the fare adjustment rate by 0.8 percentage points.

Office market posts positive net absorption in February

This is the first time after three consecutive months of negative absorption.

Outstanding credit card balances went up 7.3% YoY in Q4 22

It indicates that consumers are reengaged to the market.

Hong Kong’s Fusion Bank launches business banking services for SMEs

Until 31 December, new customers may be exempt from account opening fees.

HKIA taps SITA for its net zero carbon goal

The IT provider will aid the airport in tracking and monitoring its carbon emissions.

Nos. 13-15 San On Street up for sale

The property comprises two buildings with a total gross floor area of 88,154 sq ft.

Hong Kong is Asia’s most expensive business travel destination

Globally, the market is 16th priciest for business concerns.