News

Gov’t approves 12 building plans in June

The approved plans are for residential, commercial, and industrial developments.

Gov’t approves 12 building plans in June

The approved plans are for residential, commercial, and industrial developments.

Futu bags $1.2b net income in Q2 2024

Earnings per share stood at 1.08 Hong Kong cents.

Hong Kong warns consumers on toilet roll brands that may clog drains

Four toilet paper brands were found to have a high tendency to clog drainpipes.

SAP's new AI centre to boost productivity by 20% amongst 300 million users

Earlier this year it also announced full integration of AI into its cloud portfolios.

Hong Kong halts poultry imports from France amidst avian influenza outbreak

In H1 2024, Hong Kong imported 830 tonnes of poultry meat and 110,000 eggs from France.

CBRE handles sale of Eco Tree Hotel Hong Kong

Tender deadline is on 26 September, 12 p.m.

Hong Kong to trial autonomous shuttle buses in Yuen Long

The trial will span approximately seven months.

Insurers warn of risks amidst EV and autonomous vehicle growth

Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.

Towngas net profits down by 16% YoY to $3.04b

Geopolitical tensions and hot weather posed a challenge to the group's business.

InvestHK projects 47% rise in Belt & Road companies’ presence in 2024

In H1 2024, 15% of newly-expanded firms in Hong Kong were from Belt and Road economies.

Unemployment rate stands at 3%

There were 117,800 unemployed people between May and July.

Economy grows 3.3% YoY in Q2 2024

Quarter-on-quarter, the economy grew by 0.4%.