Hong Kong’s retail sales in June declined 9.7 per cent from a year ago, the fourth consecutive monthly contraction amid a trend of residents heading across the border to spend and despite the expansion of a solo traveller scheme to boost inbound tourism.
John Lee hails Hong Kong-Vietnam ‘synergy’ after 30 deals signed covering business, aviation
Hong Kong’s leader has hailed the city’s “great synergy” with Vietnam as he announced the signing of 30 agreements covering business and aviation with its seventh largest trading partner, bringing the tally of deals in his three-nation trip to 55.
Hong Kong court adjourns China developer Shimao’s liquidation petition
Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time to work with creditors on a revised restructuring proposal.
Why Hong Kong’s Gen Z and millennial workers want to quit their jobs
Over 40 per cent of workers from these two generations often think about leaving their job, but 80 per cent believe financial preparedness would help them cope better, survey shows.
Feature: Burnishing its economic credentials, Hong Kong appeals to more people with growing vitality
"Hong Kong remains to be one of the world's most open and competitive economies and continues to gain trust from foreign companies," Algernon Yau, secretary for commerce and economic development of ...
Outback Steakhouse to close 9 restaurants in Hong Kong
The steak chain will still have 10 outlets in the key market, which has been slow to bounce back from the pandemic.
UK private school exodus expected on higher VAT, but experts say Hong Kong families unfazed
Consultants add the VAT roll-out is likely to be charged in phases and schools may not pass on all the tax burden to parents.
Hong Kong stocks tumble as Politburo balm fails to soothe, Hang Lung dives post-earnings
Hong Kong stocks were on the back foot ahead of a crucial manufacturing data announcement, Hang Lung Properties collapsing after it reported lower profits and cut dividends.
Sotheby’s launches multi-use space in Hong Kong’s business district
The 24,000 sq. ft location in the city’s Landmark Chater building will host exhibitions as well as a concept store—currently featuring Banksy’s famed shredded Girl with a Balloon ...
Hong Kong: Super-connecting New Pathways to Success with Laos
HONG KONG SAR - Media OutReach Newswire - 30 July 2024 - Hong Kong is exploring new pathways to business success with the Association of Southeast Asian Nations (ASEAN), including ...
A Hong Kong businessman, Lo Kai Bong, is trying to lift Ukrainian sanctions to avoid restrictions in the EU and the USA, – Kulyk
Little-known to the general public in Ukraine, millionaire Andrew Lo Kai Bong, a citizen of Hong Kong, is attempting to lift Ukrainian sanctions against ...
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 ...
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 ...
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.