Hong Kong

Gov’t expands elderly service network

About 140 private residential homes will now provide day respite services.

Gov’t expands elderly service network

About 140 private residential homes will now provide day respite services.

Henderson Land, Towngas mull collaboration on smart energy solutions with Saudi Aramco 

The parties are already exploring potential international collaborative model in areas such as biofuels.

Deliveroo Hong Kong taps Nick Price as new general manager

Price will oversee Deliveroo’s business in the city. 

HK, Saudi Arabia ink investment promotion pact

The pact will strengthen economic relations between the two markets.

GBA to form an online dispute resolution platform

The platform will integrate information and resources related to mediation and arbitration. 

Gov't sets up Hong Kong Academy for Wealth Legacy

The institute will focus on four key areas.

6 in 10 employees want more support from employers on health and well-being

Employees cite five preferred elements of health programmes from employers.

Finance, consultancy, legal, and tech firms drive in-office catering 

In 10M23, Deliveroo recorded a 33% YoY growth in average order value.

Hong Kong publishes revised code of banking practice

Institutions are expected to achieve full compliance within 6 months.

Two extreme typhoons push claims incurred to HK$1.9b – HKIA

Property damage and motor businesses were the two most affected lines of business.

HKIA seeks public input on subsidiary legislation for risk-based capital regime

This consultation comes after the implementation of the Risk-based Capital (RBC) regime.

Hong Kongers used credit cards more on average in Q3: study

Card origination volumes contracted, but average card limits are higher.

Swire Properties will buy back shares worth $6b from the open market

It will commence its buyback programme on 6 December.

Cathay buys back 50% of preference shares it issued to the gov’t

It plans to buy back the remaining shares by the end of July 2024.

Hong Kong’s Green Revolution: A New Era of Sustainable Development

Racing against the climate clock, Hong Kong is taking decisive action. With a bold goal to slash carbon emissions by 50% within the next decade, and a vision for carbon neutrality by 2050, Hong Kong is leading the charge in the battle against global warming.

HK’s total gross premiums dip 1% in the first nine months

Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.

Prime hotel, industrial building in East Kowloon up for sale

The properties are sold for $2.22b and $180m, respectively.