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Month: December 2022

Posted on 08/12/2022

Hong Kong warned against financial incentives to address talent shortage

This approach not sustainable in long term, reduces competitiveness Businesses across Hong Kong are being warned against using financial incentives to attract and retain employees amid a sinking ...

Posted on 08/12/2022

Coronavirus: Mainland China’s easing should spur Hong Kong to ask for border reopening, business leaders and health experts say

Easing of restrictions by Beijing sparks hopes that city can also axe entry restrictions for inbound travellers Politician appeals for Hong Kong to ask Beijing for increase in quarantine hotel quota ...

Posted on 07/12/2022

Demand for F&B spaces expected to grow in Hong Kong post-pandemic

There were 60 new overseas F&B operators that entered Hong Kong since 2020. While the retail sector has been hit hard by the pandemic over the past few years, the F&B segment has performed relatively ...

Posted on 07/12/2022

Hong Kong weighs doubling of fines for littering and similar offences to HK$3,000 in bid to boost deterrence

Fines for littering and other public cleanliness offences in Hong Kong should be doubled to HK$3,000 (US$386), the government has proposed to the legislature, with the potential change marking a first ...

Posted on 07/12/2022

China eases more Covid restrictions; reopening stocks in Hong Kong jump

Asia-Pacific shares are poised to slip on Wednesday after major U.S. indexes fell more than 1% each overnight on concerns about a recession weigh on markets.

Posted on 07/12/2022

Hong Kong woman arrested at bank while waiting for elderly phone scam victim to withdraw HK$4.4mil

Scammers fleece victim out of HK$2mil but suspicious bank teller foils second attempt to get even more money. Unemployed suspect, 28, claims she is also a phone scam victim.

Posted on 07/12/2022

Hong Kong home prices drop to the lowest in nearly five years — and the worst may not be over

Prices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove down prices.

Posted on 07/12/2022

NUNMN and Nulab Technology LTD. Supplements Opening Their Online Store to the Hong Kong Market

NUNMN, part of Nulab Technology Ltd., is a rapidly-expanding company in Canada that offers 99.5% pure NMN supplements and they are now available in the Hong Kong market. Previously only sold ...

Posted on 07/12/2022

Hong Kong Threat to Move Jimmy Lai Case to China Revives Fears

A legal battle over Hong Kong’s effort to prosecute media tycoon Jimmy Lai on national security charges has made the once-unthinkable an imminent threat: moving sensitive cases to mainland Chinese ...

Posted on 07/12/2022

Sign Of Life? Hong Kong Investor In Line To Buy £350M London Office

A private Hong Kong property company is in advanced talks to buy a £350M Midtown office block from Landsec , in one of the largest London deals to complete since interest rates spiked in the second ...

Posted on 07/12/2022

Hong Kong Pressures Google to Censor Protest Anthem in Searches

Google is facing backlash from Hong Kong officials and legislators for a pro-democracy song that has shown up at the top of a search for the China’s national anthem. The song, Glory to Hong Kong, is ...

Posted on 07/12/2022

Yesterday’s Dollar Recovery Questioned Today

Most large bourses in Asia-Pacific fell. China’s The STOXX 600 is off almost 0.5% and US futures are a little softer. Most G10 currencies are a little stronger today. Read more ...

Posted on 07/12/2022

Hong Kong to end subsidies for 5G deployments

OFCA said that over 160 applications have been approved under the 5G subsidy scheme, covering various industries and sectors.

Posted on 07/12/2022

Hong Kong aviation hub recovery to take ‘considerable time’, airlines still reluctant to return to city over unpredictable Covid-19 curbs, head of IATA warns

'The damage to the status of Hong Kong as a hub has been very significant,' Willie Walsh says, adding airlines are 'fed up' with changing rules Restoring confidence in city not just about the easing ...

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