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Category: BUSINESS

Posted on 03/05/2023

Tencent-backed fintech start-up Airwallex’s first-quarter revenue gets a boost from revival in travel

Border reopening has allowed Hong Kong-based SMEs to expand their international operations, Airwallex general manager Arnold Chan says Airwallex's platform covers over 150 nations and handles US$50 ...

Posted on 03/05/2023

Hong Kong holds edge over Singapore as top business hub thanks to availability of talent and ample supply of office space: research

A study rating perennial rivals Hong Kong and Singapore as business hubs gives the overall edge to Hong Kong thanks to factors such as its financial prowess and talent pool, while pointing out ...

Posted on 03/05/2023

Hong Kong holds edge over Singapore as business hub amid talent war, as narrower office-rent gap tightens race: research

CBRE report gives the overall edge to Hong Kong thanks to factors such as its financial prowess and talent pool Singapore maintains an advantage in technology, as well as ESG initiatives and green ...

Posted on 03/05/2023

Zonos and Floship Collaborate to Bring Cross-border Technologies and Services to Ecommerce Merchants

Floship and Zonos announced today that they have partnered to provide the logistics industry's most comprehensive ecommerce fulfillment solution that incorporates the presentation, payment, and ...

Posted on 03/05/2023

Zonos and Floship Collaborate to Bring Cross-border Technologies and Services to Ecommerce Retailers

Floship and Zonos announced today that they have partnered to provide the logistics industry’s most comprehensive ecommerce fulfillment solution that incorporates the presentation, payment, and ...

Posted on 03/05/2023

Hong Kong restaurants buoyed by 30 per cent growth over holiday weekend

Operators enjoy stronger-than-expected figures compared with same period last month as mainland Chinese tourists flock to city during holiday.

Posted on 03/05/2023

Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2022-23; decline in property and stock market activity blamed

Hong Kong’s tax revenue dropped by HK$18.3 billion (US$2.3 billion) to HK$360.2 billion in the last financial year, with the drop blamed on a dampened mood in the property and stock markets which ...

Posted on 02/05/2023

Hong Kong reports Q1 GDP growth after 2022 contraction

Hong Kong's economy grew in the first quarter of 2023, the city's leader said Tuesday, ending a disastrous year-long spell in which the finance hub was effectively closed for business due to pandemic ...

Posted on 02/05/2023

HSBC, DBS, China Citic, other banks offer range of incentives in Hong Kong to entice mainland business during first post-Covid ‘golden week’ holiday

HSBC, DBS, and China Citic Bank International are among the city’s major lenders that have offered a wide range of incentives including extended operating hours at certain branches, with an eye on the ...

Posted on 02/05/2023

Hong Kong economy grows 2.7% in Q1 after disastrous 2022

It ends a year-long spell in which the finance hub was effectively closed for business over pandemic restrictions. Read more at straitstimes.com.

Posted on 01/05/2023

Prop-tech start-up comprising young students wins Hong Kong’s flagship pitch event with 3D modelling device

Skyland Innovation tops finalists to win 7th EPiC pitch event and claim prize of US$90,000 The tech competition attracted a record-high number of entrants, both local and overseas, as Hong Kong tries ...

Posted on 01/05/2023

AI-generated portraits from a Hong Kong start-up offer busy professionals an affordable social media upgrade

Try It On charges US$17 for 100 AI-generated images based on users' photos, which are described as good enough to skip a photo shoot The start-up uses a combination of existing products like Stable ...

Posted on 01/05/2023

Hong Kong’s Number of Crypto-Licensed Fund Managers Remains Small

For the past four years, anyone handling funds with 10% of gross asset value in crypto must upgrade to Hong Kong’s Type 9 license. Instead, only 10 fund managers have chosen to upgrade their license ...

Posted on 01/05/2023

Hong Kong start-ups tap Greater Bay Area opportunities as new centre aims to help businesses integrate

Hong Kong's government is stepping up efforts to help budding entrepreneurs get a foothold in the massive economic zone The GBA Promotion Centre was launched in Guangzhou on Wednesday to help Hong ...

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