News

Contract work spikes as employees seek flexibility and work-life balance

Employers target Gen Z professionals because they prefer flexible work.

Contract work spikes as employees seek flexibility and work-life balance

Employers target Gen Z professionals because they prefer flexible work.

Surge in exports to Mainland China boosts Hong Kong’s trade

The trade forecast was revised upward from a maximum of 6% to 11% amidst export growth.

Hong Kong begins risk-based capital regime for insurers

This follows the enactment of the Insurance (Amendment) Ordinance 2023.

Patent box incentive boosts R&D investment in Hong Kong

New tax regime can attract R&D-focused businesses.

HKIA finds firms adhere to new premium financing rule

However, the inspection also identified several areas needing improvement.

Diversification dominates supply chain strategy in Asia Pacific

Supply chain diversification, not nearshoring, is the key focus for manufacturers.

Country Garden receives trading resumption guidance from HKEX

The company has been suspended from trading since 2 April.

Hongkong Land can afford bill for $3.1b Landmark upgrades

Capex will rise in the short-term, but retail income will rise long-term.

Hong Kong’s credit card market to hit $1.02t in 2024

This growth is driven by the city’s robust payment infrastructure and e-commerce growth.

AIRSIDE’s office leasing occupancy soars 70%

Its retail occupancy rate also surged to 90%.

Hongkong Land to invest $3.1b for LANDMARK revamp

The transformation project will begin in phases, starting Q3 2024.

Trade, tourism buoy Hong Kong’s economy to 3.3% growth in 2024

Resilient labour market conditions will also help drive the economy up.

What’s shaping Hong Kong’s asset management sector

The report highlights evolving investment trends such as ESG, alternative assets, and virtual assets.

Flexibility preferred by working parents over career prospects and pay rise

Working parents would prefer flexible work arrangements to better manage childcare duties.

Industry giants call for global QR code adoption

They aim to achieve widespread adoption of QR Codes with GS1 standards by the end of 2027.

Financial instability curb spending and consumers turn to credit

Two in five consumers expect to be unable to pay their current bills and loans in full.

Enhanced industry regulatory scheme for marketing calls launched

This includes requiring telemarketers to provide their names and contact numbers upon recipients' requests.