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Category: BUSINESS

Posted on 30/07/2024

Hong Kong Stocks: Country Garden Secures Six-Month Breather for Restructuring

Hong Kong-based developer Country Garden Holdings Co. (HK:2007) has secured a six-month breather in its liquidation case, allowing it more time to develop an offshore debt restructuring plan. A Hong Kong court has postponed the liquidation hearing until ...

Posted on 30/07/2024

Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income

In this article, we introduce the Patent Box Regime in Hong Kong and provide a comprehensive understanding for businesses and investors. DOING BUSINESS IN HONG KONG EXPLORE IN-DEPTH INVESTMENT AND BUSINESS GUIDES. Explore vital economic, geographic ...

Posted on 30/07/2024

Hong Kong businesses and other organisations sign 12 non-binding deals with Laos

City leader John Lee meets Laos Prime Minister Sonexay Siphandone and foreign minister Saleumxay Kommasith on second day in Vientiane.

Posted on 29/07/2024

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada added 3.4 per cent to HK$55.15. Global luxury brands are increasingly returning to Hong Kong’s core business districts, attracted by property prices that are much lower than pre-pandemic levels.

Posted on 29/07/2024

Hong Kong businesses and other organisations seal 12 non-binding deals with Laos

“Today is a good opportunity for me and for the Lao People’s Democratic Republic, both the government as well as the business community, to discuss things and find a way to further expand economic ...

Posted on 29/07/2024

Top restaurant Outback shuts nine Hong Kong steak houses, lays off 300 as diners head to mainland China

The American restaurant will shut nine of the 19 stores it owns in the city, affecting more than 300 of its staff, Outback said in a statement.

Posted on 29/07/2024

Prada to Open 8,000-Square-Foot Hong Kong Store After Years of Downsizing

Prada climbed as much as 1.9%. Global luxury brands are increasingly returning to Hong Kong’s core business districts, attracted by property prices that are much lower than pre-pandemic levels. In ...

Posted on 29/07/2024

Outback shuts 9 Hong Kong steak houses, lays off 300 as diners head to mainland China

American restaurant Outback Steakhouse will close nearly half its branches in Hong Kong, as high rents and weak sales took their toll.

Posted on 29/07/2024

Towngas makes debut on FTSE4Good Index and secures four awards at UNSDG Achievement Awards Hong Kong 2024

The Hong Kong and China Gas Company Limited (Towngas) has announced its inaugural inclusion in the FTSE4Good Index Series, ...

Posted on 29/07/2024

Prada to open 8,000 sg ft Hong Kong store after years of downsizing

Global luxury brands are increasingly returning to Hong Kong’s core business districts. Read more at straitstimes.com.

Posted on 29/07/2024

A ‘panda economy’ is no cure for Hong Kong’s identity crisis

If Hong Kong is to shake itself out of its malaise, the government must show the boldness and creativity it demands of the private sector.

Posted on 28/07/2024

Hong Kong retailers hope to strike Olympic gold as Paris sports extravaganza boosts business

Shopping centre operators said they expected a 15 per cent increase in sales over the Paris Games and a 20 per cent jump in footfall.

Posted on 28/07/2024

Prada to Open 8,000-Square-Feet Hong Kong Store After Years of Downsizing

Prada SpA is renting a 8,000-square-foot store in K11 Musea, a harborfront luxury shopping mall by New World Development Co., people familiar with the matter said.

Posted on 27/07/2024

Hong Kong’s Housing Authority launches rent-free shop programme for young entrepreneurs

Hong Kong’s Housing Authority will offer 10 rent-free shops in government-operated shopping centres to young entrepreneurs in an effort to provide a platform to launch their business ideas and boost ...

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