Hong Kong

11 red minibuses may convert to green routes 

Further schemed details are to be briefed on 12 August.  

11 red minibuses may convert to green routes 

Further schemed details are to be briefed on 12 August.  

Office tenants opt for renewals, maintain space amid savings

Two-thirds of respondents would stay in their current building.

Less Hong Kong SMEs find credit approval more difficult in Q2

But more SMEs now find securing debt “easier” as well.

Hong Kong banks expand fraud alert system to retail transactions

Customers will receive alerts for “high fraud risk” fund transfers, amongst others.

Cathay Pacific to expand flight offerings in Cambodia and Vietnam

Its low-cost carrier, HK Express, plans to launch a new route to Phu Quoc in Q4.

Visitor arrivals in June rise 14% YoY to 3.13 million

The MICE sector helped boost visitor arrivals.

HKIA sets fees for insurance intermediary licences from September

It plans to use the fees for enhanced public education and training.

Retail sales value fall 9.7% YoY to $29.9b in June

The government attributed the decline to changing consumption patterns.

HKIA rolls out smartphone express bag drop service

The service is available to all passengers in Hong Kong.

MSIG HK achieves highest claims settlement since 2020

Compared to the previous year, the claims settlement ratio was at 92.9%.

Government stands by brownfield operators in Yuen Long case, saying price is not important

Hong Kong's government has shown its determination to help displaced brownfield operators find space for their businesses.

Cathay Group fully repays HKSAR government’s $19.5b investment

The group has also paid the government a total of $2.44b in preference share dividends.