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Category: BUSINESS

Posted on 09/08/2023

Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule to prevent employers from exploiting loophole

Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...

Posted on 09/08/2023

Hong Kong to offer perks for taxi drivers and shuttle buses to pick up tourists from Kai Tak Cruise Terminal

Royal Caribbean’s Spectrum of the Seas returned to Hong Kong on August 4 for first time since 18-month break forced by coronavirus crisis.

Posted on 08/08/2023

Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule exploited by employers

Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...

Posted on 08/08/2023

Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor

The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.

Posted on 08/08/2023

Hong Kong stocks fall to 2-week low as slumping Chinese exports point to further slowdown in growth

Hong Kong stocks dropped for a second day, driving the benchmark gauge to a two-week low, as China’s exports slumped by the most in three years, adding to the evidence of a worsening slowdown in ...

Posted on 08/08/2023

Hong Kong tech firm, ASL, accelerates growth in fintech arena with Finastra

Automated Systems Holdings Limited (ASL) (771.HK), a leading global IT solutions and services provider, has strategically partnered with Finastra, a global provider of financial software applications ...

Posted on 08/08/2023

Hong Kong court refuses to ban popular protest song, government plans to appeal decision

A court in Hong Kong refused to ban a popular protest song on July 28, 2023. lawmakers in the country plan to appeal the court's decision.

Posted on 07/08/2023

Exclusive: Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week

Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's ...

Posted on 07/08/2023

80% of Credit Suisse Hong Kong investing banking jobs to be cut: Sources

Only about 20 bankers will likely be spared the cuts that will impact the 100-people strong team. Read more at straitstimes.com.

Posted on 07/08/2023

After Covid placed her in spotlight, scientist behind mRNA vaccines, in Hong Kong for award, voices hope technology can treat other conditions

Hungarian-American biochemist Professor Katalin Kariko hopes mRNA science can be used for wound-healing and even on cancer In town to receive CUHK honorary doctorate of science, she shares her ...

Posted on 07/08/2023

Valtech Valuation launches a Valuation Dashboard for Startup Projects

a Hong Kong-based boutique firm in valuation advisory, industry research and risk consulting, has recently launched a Valuation Dashboard to analyse the latest market startup valuations by various ...

Posted on 07/08/2023

Singaporean firm Mirxes enters Hong Kong to tap into growing multi-cancer early-stage screening market in Greater Bay Area

Mirxes, a spin-off of Singapore’s Agency for Science, Technology and Research, plans to make Hong Kong the base for its push into ... Singaporean cancer screening start-up sets sights on China Mirxes, ...

Posted on 06/08/2023

Hong Kong jobseekers on dependent visas hampered by language skills as employers ‘pivot’ to mainland China market

Do you speak Chinese?' common question by many potential hirers, according to former job-hunter Scepticism over visa status another obstacle as candidates' stay seen as dependent on partners Ace Ara ...

Posted on 06/08/2023

HKeToll off to a smooth start at western crossing

Hong Kong's new electronic auto-toll system was off to a smooth start at the Western Harbour Crossing, where it launched on Sunday at 5am. Under the ...

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