News

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

Peter Lau Man-pong succeeds Dominica Yang as HKAC board chair

He has also been re-appointed as chairman of the Arts Programme Committee.

Expert warns of weaker average interest coverage ratios for commercial REITS

Fitch Ratings cited higher interest and vacancies as factors for the decline.

Property sales increase 57.2% MoM in March

CBRE expects a high transaction volume for building units in the next 2-3 months.

HK Express launches cabin crew recruitment drive

The recruitment drives in April will take place in Hong Kong, Mainland, and Malaysia.

62% of film and TV workers face wage delays

Almost a quarter suffered  delays of one to three months

NEFIN secures $2.8m loan from Bank SinoPac Hong Kong

This will be used to support the energy firm’s green projects.

Is 5G the saving grace of Hong Kong’s mobile services market?

Revenue is expected to be driven by 5G adoption, but not by much.

Cathay Pacific sets new sustainability goals

The airline aims to decrease cabin waste by 30% by 2030, among others.

Transhipment scheme extended for Mainland-Singapore cargo

The old scheme covered the cargo of 67 economies under 19 trade agreements.

BOCHK warns against phishing email

It advised customers to delete suspicious emails and attachments without opening them.

Online retail investors shift to defensive assets amidst uncertainty

Active online investors in the retail space have declined to 840,000 from 900,000.

AXA launches new deferred annuity plan for retirement

Policyholders can withdraw guaranteed monthly annuity payments from age 50.

CK Hutchison Holdings’ Li Ka-shing remains top billionaire in HK – Forbes

The businessman logged a net worth of $292b over the past 12 months.

Hong Kong Airlines relaunches Kagoshima flights on Easter Sunday

The Kagoshima route is offered three times a week.

HKIA and HKPF inks MOU on a joint framework for legal services

The agreement will ensure the insurance market’s reliability and security.