Hong Kong

Gov't resumes land acquisition for Hung Shui Kiu/Ha Tsuen NDA

The acquisition includes 1,460 sqm of land occupied by 27 graves and 23 urns.

Gov't resumes land acquisition for Hung Shui Kiu/Ha Tsuen NDA

The acquisition includes 1,460 sqm of land occupied by 27 graves and 23 urns.

Retail sales value plummets 14.7% in April amidst the Easter holidays

Only one retail outlet type recorded an increase in sales.

New funding round for professional organisations starts June 1

The government allocated $200m to subsidise non-profit industry projects.

CLPe to install 2,000 bifacial solar panels on CityUHK buildings

The panels generate about 10% more electricity than traditional ones.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

KPay’s unified payment solutions platform propels SME growth

After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.

HK amongst areas with costliest office fit out in APAC

Office fit-out costs $1,149 psf on average. 

Scrapping of cooling measures fails to lift housing market

The volume of residential transactions over $50m in February fell 28.6%, MOM.

OFCA launches labelling scheme to boost 5G indoor coverage in buildings

It will push mobile network operators (MNOs) to improve 5G network coverage indoors.

Dr. So Wing-yee named hospital chief executive of North District Hospital

She brings extensive experience in healthcare management at corporate and cluster levels. 

Investment banking layoffs intensify as IPOs and M&As dwindle

No, they are not headed to Singapore to hunt new jobs.

Fixed comm services revenue to grow 2% in 5 years

This is thanks to the fixed broadband service segment. 

Hongkong Land surpasses halfway mark in 2030 carbon reduction target

It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.

Retail rents under pressure as sales dip in May

Prime retail street rents, however, have gained momentum.

Credit Data Smart ushers in new era of credit scoring

It’s expected to promote healthy competition and improve credit knowledge of locals.