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Category: BUSINESS

Posted on 11/01/2023

Overseas restrictions on arrivals from Hong Kong will hurt city’s tourism recovery, industry leaders say

Need to do PCR tests before leaving Hong Kong likely to make visitors choose other destinations, industry leader says US, South Korea and Japan are among countries who have imposed restrictions on ...

Posted on 11/01/2023

Greater Bay Area’s small businesses optimistic about economic prospects as Hong Kong-mainland China border reopens

More than two thirds of SMEs surveyed by Bain and Co expect long-term economic growth to be similar to or stronger than historical growth and are ready to invest However, many raised concerns about ...

Posted on 11/01/2023

Hong Kong asks South Korea to remove ‘unreasonable’ flight restrictions after city caught in crossfire of row between Beijing and Seoul

Hong Kong has asked South Korea to withdraw “unreasonable” restrictions that allow flights from the city to only land at Incheon International Airport in the capital after a row between Seoul and ...

Posted on 10/01/2023

Hong Kong dedicated to crypto advancements amidst industry crisis

Hong Kong has been consistently reaffirming its favourable attitude towards crypto over the past year, making it the most crypto-friendly country in 2022 ...

Posted on 10/01/2023

Pro-democracy Hong Kong tycoon Jimmy Lai requests Rishi Sunak meeting – report

The British citizen is awaiting trial on national security charges in Hong Kong that could see him jailed for life if convicted ...

Posted on 10/01/2023

Major Hong Kong business group predicts 2023 turnaround, GDP to grow 3.8 per cent after border reopening with mainland China

Border reopening is 'a long-awaited much-needed shot in the arm for the business sector', says Hong Kong General Chamber CEO George Leung But warns combination of inflationary headwinds and 'brain ...

Posted on 09/01/2023

Hong Kong Stresses Pro-Crypto Stance as Industry Reels

Hong Kong will be a great place for crypto, fintech and other startups to set up shop in the new year, the city’s financial secretary said on Monday, looking past the current upheaval in the industry.

Posted on 09/01/2023

We’re no longer expecting a ‘huge drop’ in Hong Kong property prices, MIB Securities says

Sonija Li of MIB Securities Hong Kong says China's reopening will drive up demand especially in the first half of the year.

Posted on 09/01/2023

Hong Kong’s reopening is likely to push GDP growth above Singapore’s

AFTER a near-certain contraction last year for the third time since 2019, Hong Kong’s economy is coming back stronger this year and may even grow faster than rival financial hub Singapore for the ...

Posted on 08/01/2023

Mainland entrepreneurs visit Hong Kong, city residents reunite with loved ones across the border as quarantine-free travel returns

Many travellers took ferries and trains to cross the border for business and family purposes 'I'm too excited to say a word. I can finally go home after two years of not seeing the folks,' says one ...

Posted on 08/01/2023

Demolish or preserve? Hong Kong’s pre-war ‘tong lau’ buildings caught in urban renewal predicament

Many of these once-colourful structures which housed vibrant communities have fallen into disrepair and are in danger of making way for modern developments.

Posted on 07/01/2023

‘Going to Hong Kong before everyone’: China music fans raring to see shows such as Blackpink concert, upon border reopening

Music fans in mainland China are raring to visit Hong Kong for concerts and festivals upon the reopening of the border, with some willing to pay sky-high prices for tickets after being deprived of ...

Posted on 07/01/2023

What the rise of several core business districts means for Hong Kong

Different industries will dominate districts, creating sector-led hubs. Colliers recently released a report which takes a detailed review of Hong Kong’s core business districts (CBDs) from an occupier ...

Posted on 07/01/2023

What the return of Chinese tourists means for the global economy

In the years before Covid, China was the world's most important source of international travelers. Its 155 million tourists spent more than a quarter of a trillion dollars beyond its borders in 2019.

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