Hong Kong
Cathay eager for end-of-2024 commissioning of HKIA's Three-Runway System
The airline said the system will increase intermodal activity.
Cathay eager for end-of-2024 commissioning of HKIA's Three-Runway System
The airline said the system will increase intermodal activity.
HTHK, Huawei ink MOU on 5.5G green strategy
The parties aim to reduce 400,000kg of CO2 emission yearly.
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
Gov’t to set up a 'digital identity of enterprises' platform
The cost for its establishment will be about $300m.
HSBC Life Hong Kong issues most expensive life insurance policy
The Hong Kong insurer has issued policies worth at least US$50m over the past year.
Tech companies struggle to hire professionals skilled in emerging tech: report
Two in 10 tech talent are not on the lookout for new jobs.
Towngas supports govt's green initiatives in Budget speech
Amongst the measures is the promotion of green methanol bunkering for vessels.
HK's office vacancy rate climbs to 12.9% in January
Central experienced a vacancy rate increase to 10.4% by the end of January.
Gov’t injects $100m to boost tourism
The fund will go to the establishment of a Mega Events Coordination Group.
HK’s land supply surplus to reach 14%
The potential land supply for the year is expected to reach a total of 15,000 units.
More SME support announced in Budget speech
All enhancements will take effect for the 2024-2025 assessment year.
Gov’t unveils plans to promote I&T and health tech sectors
The gov’t allocated over $25b for projects in these sectors.
Gov’t sets aside $4.3b to support IP trading and creative arts branding
The IP trading and the creative industry received funding of $45m and $4.3b respectively.
Hang Seng Bank expresses support of budget measures for SME, financial market
Amongst initiatives were the advancement of digital finance and support for SMEs.
China Wantian Holdings targets market expansion, broader shareholder base as 2024 drivers
It has also incorporated ESG considerations into its discussions with clients.
Navigating uncertainties in investment landscape through strong risk assessment
UOB Asset Management looks at seven key risk areas in investment management and does not allow more than two risks.
Budget 2024-25: Gov’t cuts salaries and profits taxes
The government will reduce salaries tax for the 2023-24 tax year by 100%, subject to a ceiling of $3,000.
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