News
Transport Department reopens HZMB permit application
                                                                                 
                    
                    Regular quota permits is set at 1,000 applications.
                
                                
            Transport Department reopens HZMB permit application
                                                                                                                 
                            
                            Regular quota permits is set at 1,000 applications.
                        
                                                
                        
    
                    Police Force launches recruitment app
                                                                                                 
                        
                        This allows people to submit and track their police job applications. 
                    
                                        
                    
                Foreign currency reserve assets reached US$423.4b in August
                                                                                                 
                        
                        This is higher than the US$419.1b recorded in July.
                    
                                        
                    
                Skill gaps hinder Hong Kong's tech talent pool
                                                                                                 
                        
                        Companies struggle with shortages despite an increasing number of IT professionals.
                    
                                        
                    
                New strategies urged to fill student housing gap
                                                                                                 
                        
                        Colliers suggests office conversion, PBSA, and a build-to-rent model.
                    
                                        
                    
                Guangdong gov’t to issue RMB5b bonds in HK
                                                                                                 
                        
                        Proceeds from the two-year bonds will fund projects in Nansha, Guangzhou.
                    
                                        
                    
                60% of HK workers oppose foreign labour importation
                                                                                                 
                        
                        This is due to fewer employment prospects for local workers.
                    
                                        
                    
                HKEX suspends trading due to typhoon
                                                                                                 
                        
                        Connect trading is also suspended for the day.
                    
                                        
                    
                Y.X acquires building in Hung Hom for student housing
                                                                                                 
                        
                        Y36 has 51 rooms with 82-bed spaces and co-living spaces spanning over 4,000 sq ft.
                    
                                        
                    
                Wealth transfers to spur family offices’ growth in SG, HK
                                                                                                 
                        
                        The two markets each manage $1.3t in offshore assets.
                    
                                        
                    
                HK student housing boosted with 9 privately invested projects
                                                                                                 
                        
                        The projects offer 2,848 beds for students. 
                    
                                        
                    
                Student housing to fall 120,000 beds short by 2028
                                                                                                 
                        
                        Demand is expected to reach 175,000 by 2028.
                    
                                        
                    
                9 in 10 GBA companies see Hong Kong as a key sustainable development facilitator
                                                                                                 
                        
                        99% of Mainland businesses committed to sustainable investment choose Hong Kong as a source for related professional services
                    
                                        
                    
                Private rental prices inches up just 3% below historical peak
                                                                                                 
                        
                        The rental index for Class A and B units increased 6.9% and 7.3% YoY. 
                    
                                        
                    
                Hang Seng Bank taps Derek Ngai as new head of audit
                                                                                                 
                        
                        Ngai was head of audit for Hong Kong and Macau at HSBC.
                    
                                        
                    
                All sectors affected in Hong Kong’s real estate sales drop
                                                                                                 
                        
                        Rising interest rates and geopolitical tensions challenge Hong Kong's property sector.
                    
                                        
                    
                Hong Kong travelers flock southeastern regions in cross-border travel: report
                                                                                                 
                        
                        Total volume of cross-border travelers to Mainland China has reached 141 million.