News

Insurers gear for Hong Kong's $1.27b national health insurance programme

The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.

Insurers gear for Hong Kong's $1.27b national health insurance programme

The Voluntary Health Insurance System will offer $1,000 in tax benefits to lure residents.

Housing Society trials public housing scheme for the elderly: report

It could cost around $80m and is expected to be completed by 2020.

Tourist arrivals up 27.2% to 6.8 million in January

There were 5.54 million Mainland visitors.

Retail sales reverse slowdown with 7.1% gain in January

The earlier arrival of the Lunar New year boosted sales growth.

PMI hits 48.4 in February as demand and output sink

Output dropped for the eleventh straight month.

65% of employees think companies lack transparency on pay levels: survey

But 64% also claim to be satisfied about their salaries.

A fourth of Hong Kong firms invested over US$1m in digital transformation in 2018: research

Over a third said total spending on technology may grow more than 10% in the next three years.

Government splashes out $16.1b to improve public hospitals

Approximately $700m will go to doctors, nurses and the Hospital Authority’s supporting staff.

UK data centre operator Global Switch mulls Hong Kong IPO

It chose CLSA, Goldman Sachs, JPMorgan Chase & Co., and Morgan Stanley to be the arrangers.

Only 2% of senior executives have a concrete plan to address skill shortages: survey

Information security, big data analytics and digital product development were cited as the most critical roles.

Hang Seng Bank's profits up of 21% to $24.2b in FY2018

Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.

Government injects $10b to set up public healthcare stabilisation fund

The Hong Kong Genome Institute will also be established to promote the clinical application research on genomic medicine.

Which bank enjoys the highest customer satisfaction in Hong Kong?

This lender occupies the top spot for the second straight year.

Hong Kong's Finance Academy to open in mid-2019

It aims to nurture financial leadership and encourage applied research in cross-sectoral areas.