News
DigiFT navigates Hong Kong expansion with fresh leadership
The firm appointed a new CEO and managing director.
DigiFT navigates Hong Kong expansion with fresh leadership
The firm appointed a new CEO and managing director.
BOCHK profit soars 28% YoY to $34.86b in 2023
With improved profit, the bank proposed a 23.2% YoY higher dividend per share.
Mortgage loans value drop 15% MoM to $17.9b in February
The outstanding value of mortgage loans remained virtually unchanged at $1.85t.
BEA advances in sustainability with $71b GSF loans and ESG bond investments
The bank also recorded a 31% drop in emissions.
New language proficiency rules for English and Putonghua teachers
The new rules will take effect in SY 2024-2025.
Hong Kong sets GBA mediator standards, requires training
Applicants must also have at least three years experience as a mediator.
Government boosts working family allowance rates by 15%
The increase will take effect in April.
HA to pass on rates concession to tenants for Q1 2024-25
It will run from April to June this year.
HSBC unveils $1b ASEAN Growth Fund for digital platform players
The amount will be used to lend to digital companies to boost their operations.
Singapore Airlines and The Club partner for points and miles conversion programme
This will also provide members access to exclusive packages and benefits.
Hong Kong retail sees positive momentum amidst policy relaxation: report
This year reflected a significant uptick compared to the previous year with a $2b weekly run rate.
YOOV's reverse merger reinforces AI market dynamics
Stephenson Harwood's Hong Kong corporate team has advised YOOV Group on its proposed reverse merger on NASDAQ.
Hang Seng Bank unveils HK$33b SME Power Up Fund
Products include an SME Financing Guarantee scheme and non-collateralized loans.
CK Asset earnings drop 24% amidst low property development bookings
However, the company still showed a promising outlook, according to S&P Global
Student accommodation crisis looms in Hong Kong amidst housing shortage
Currently, the private student housing market can only accommodate 0.4% of the total enrolled population.
Hotel in Chiang Mai up for sale
The property is available for sale via expression of interest.
Banks wary of risks in China's housing push
In 2023, property development loans expanded by a mere 1.5%
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