Hong Kong
Hong Kong reappoints RTHK chairman of the board
Five incumbent members of the board were also reappointed.
HSBC Singapore names James Coyle as independent non-exec director
Coyle had previously served on the boards of HSBC UK and HSBC Trust.
Higher deposits, wealth buoy BOCHK to 17.9% profit rise in H1
Interim dividend for the period is HK$0.57 per share.
Gov't seeks feedback for Kai Tak, East Kowloon mass transit systems
Since the 2023 Policy Address, the gov't has been laying the groundwork for the projects.
HK Express to resume direct flights to Hiroshima, Japan
It will commence on 1 November 2024.
More roles remain unfilled as Singapore grapples with tech talent crunch: report
Employers also expressed budgeting and ROI concerns when hiring tech talent.
Prime rents slip 0.8% YoY in Q2 2024 amidst increased supply
On a quarterly basis, rents declined 0.5%.
HKMA launches sandbox to accelerate tokenisation adoption
The sandbox will facilitate interbank settlement using experimental tokenised money.
Pay raises remain flat as Hong Kong employers prioritise workforce stability
The average pay rise will remain at 4%.
Prudential’s H1 2024 IFRS profit declines YoY
It dwindled 80.8% to $182m.
Transport Department auctions 350 vehicle registration marks
Applicants who paid a $1000 deposit must also bid.
Four Smart Traffic Fund projects receive greenlight
A total grant of $19.9m is allotted for the projects.
EHCV scheme expands to Nansha District, Dongguan hospitals
There will be a total of nine service points where the voucher can be used.
Hong Kong ranks 15th most transparent real estate market globally
Hong Kong bagged a composite score of 1.97, the same as Finland.
Hong Kong halts poultry imports from Poland, US amidst avian influenza outbreak
Hong Kong initially halted poultry imports from France.
Bank of East Asia seen to cut commercial real estate over the next two years
The bank has shifted its focus from real estate to manufacturing, retail trade, and technology.
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