J&T appears to breach Indonesian rule capping foreign investor holding in a courier company to 49 per cent. Read more at straitstimes.com.
Microsoft sees booming enterprise AI demand in Hong Kong amid US-China tech war that threatens cloud services
Microsoft says AI usage on its Azure cloud platform jumped sevenfold in Hong Kong in the past six months, with demand growing despite US-China tensions The US tech giant has been pushing its ...
Hong Kong home price seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates
Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...
PGIM invests in Hong Kong, mainland China, Australia rental property markets, betting on their strong fundamentals, discounted assets
There is a growing need for rental housing especially in cities where the cost of residential buying has become really high, according to PGIM The property markets in mainland China, Australia and ...
Record number of Hong Kong children with myopia during the pandemic
The number of Hong Kong children suffering from myopia hit a record high during the pandemic. Myopia, also called nearsightedness, is when far- away objects look blurry. A study looked at 20,527 ...
Hong Kong Monetary Authority warns against misleading crypto “banks”
The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency-related companies employing misleading nomenclature, particularly those that present themselves as “banks” and ...
Credit Cards in Circulation in Hong Kong Reach 19.71 Million
The Hong Kong Monetary Authority (HKMA), the city's central bank, has released its Q2/2023 payment card statistics, revealing that the total number of credit ...
Hong Kong home price seen falling by 5 per cent after seven major lenders including HSBC, Standard Chartered set to increase mortgage rates
Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...
Hong Kong’s Central Bank Warns Crypto Firms Misrepresenting Themselves as Banks
The Hong Kong Monetary Authority (HKMA) has issued a public advisory warning against crypto businesses that are presenting themselves as "banks" or labeling ...
Hong Kong central bank warns against crypto firms using banking terms
Hong Kong's central bank said that only licensed institutions are authorized to carry out deposit-taking businesses in the region.
Another Hong Kong school announces it will close, citing shrinking school-age population
Precious Blood Primary School (Wah Fu Estate) in Pok Fu Lam says it will stop admitting Primary One pupils in 2025-26 academic year.
Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change
Financial Secretary Paul Chan says newly launched 'Night Vibes Hong Kong' campaign will 'create happy memories' for locals and boost visitor numbers, despite criticisms City leader John Lee also ...
Suicide numbers among young people in Hong Kong almost double in less than a decade to record high, study finds
The suicide rate for young people in Hong Kong has almost doubled in the past nine years and the less educated and unemployed face a higher risk, Coroner’s Court figures have shown. The Hong ...
Hong Kong leader vows to focus on housing, land supply and find long-term solutions to issue of subdivided flats
Hong Kong’s leader has vowed to make housing and land supply an ongoing focus of his administration, promising to study long-term solutions to tackle the issue of subdivided flats. Chief Executive ...