News

Slow sales drag retail property market although leasing rates “strong”

Structural change and shifts in visitors are some challenges the market may face.

Slow sales drag retail property market although leasing rates “strong”

Structural change and shifts in visitors are some challenges the market may face.

2 in 5 workers concerned over AI use in admin work: survey

Demand for AI remains high with employers in 2024.

BEA’s Mongkok Branch open 7 days a week until 30 June

It will be open from 1PM to 5PM on weekends during the period.

BEA unveils new credit evaluation process for SMEs in trade sector

It has teamed up with PAOCCRA and will use the Commercial Data Interchange of HKMA.

Auction for 3 floors of Harbourfront Landmark scrapped

Instead, the landlord has opted for a private treaty sale.

MPF satisfaction index rises to 56.6 in December 2023

Members who are knowledgeable of MPF risks and returns recorded a higher satisfaction score.

Cathay Pacific eyes 12% lower carbon intensity by 2030

The airline will utilise sustainable fuels from 2024 onwards.

4 out of 5 HK employees weigh health support in job decisions

Flexible work arrangements topped the list of preferred initiatives to foster health and wellbeing.

11 million travelers expected for Easter and Ching Ming Festival

Peak traffic days are predicted to be 29 March and 1 April.

Hong Kong pins hopes on policy shift to hit 2.5% GDP target

Private residential property prices declined by 5.4% in 4Q23.

Tencent growth trajectory slowed down by low online gaming sales

The group's revenue is expected to grow by 10% in 2024.

1 in 3 businesses prioritise emerging technologies: survey

Hong Kong ranked second globally as most optimistic about budget growth at 49%. 

Gov’t assures better business environment under new national security ordinance

The public consultation on the law received 98.6% positive responses.

Hong Kong maintains fourth place in global finance index

The Government attributes the current ranking to the “one country, two systems” principle.

Best Mart 360 earns $694.3m gross profit for 9 months ended 2023

The company had changed its financial year end from 31 March to 31 December.

CR Construction’s revenue declined 15% in FY2023

The company’s net profit also decreased 1.0% in FY2023.