Big announcements include the first Statutory Minimum Wage (SMW) rate in 2026, longer recruitment process for locals in F&B sector, and attracting more companies to set up operations in Hong Kong.
Hongkong Land shares soar 12% to six-year high on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential build-to-sell sector Read more at The Business Times.
More Hongkongers feel anxious about using up their savings in retirement: McKinsey survey
Only 16 per cent of those aged 55 to 65 and 23 per cent of those over 65 have set aside HK$10 million for retirement, the survey says.
Hub71 Startup Immersion Programme launched at Investopia Hong Kong
Hub71, Abu Dhabi’s global tech ecosystem, has launched the Hub71 Startup Immersion Programme at Investopia Hong Kong, reinforcing its commitment to building cross-border bridges that accelerate ...
Hongkong Land to sell residential business MCL Land for $578 million
(Reuters) -High-end property developer Hongkong Land said on Thursday it has agreed to sell its MCL Land residential development business to a member of Malaysian conglomerate Sunway Bhd for S$739 ...
Hongkong Land to sell MCL Land to Malaysia’s Sunway for $578 million, boost buyback
Property group Hongkong Land said on Thursday it has agreed to sell its MCL Land residential development business to a unit of Malaysian conglomerate Sunway for S$739 million ($577.98 million).
Policy Address by Hong Kong SAR’s Chief Executive John Lee: Building an international hub for business, investment and new industries
Leveraging the Technology Enterprises Channel to assist Mainland technology enterprises in raising funds in Hong Kong, exploring shortening the stock settlement cycle to T+1, and encouraging more ...
Fintech evolution paves the way for global banks to set up in Hong Kong: HKMA
There is enough room for growth for lenders to use Hong Kong as a platform to help their clients go global, HKMA’s Eddie Yue says.
Alvarez & Marsal on hiring spree in China as rivals pull back
US advisory firm Alvarez & Marsal Inc (A&M) is forging ahead with an expansion in China, buoyed by an increasingly complicated regulatory and geopolitical environment that has prompted some of its ...
Hong Kong Seeks to Expand Yuan Usage Via Financing Tools, Bonds
Hong Kong is ramping up efforts to boost offshore yuan usage and expand bond issuance in the Chinese currency amid Beijing’s push to globalize the yuan.
Hong Kong leader pledges to boost economy, livelihoods
Hong Kong leader John Lee pledged on Wednesday to boost the city's economy, improve livelihoods and cement its role as an international centre, unveiling measures including developing a gold trading ...
Hong Kong leader focuses on boosting economy, livelihoods
By Clare Jim, Anne Marie Roantree and Jessie Pang HONG KONG (Reuters) -Hong Kong leader John Lee began presenting his fourth policy address on Wednesday, pledging to boost the financial hub's economy ...
Hong Kong’s June-August unemployment holds steady at 3.7%
Hong Kong's seasonally adjusted unemployment rate held steady at 3.7% in June to August compared with the previous three-month period, with increases in food and beverage service and manufacturing ...
Lenovo Hong Kong and Cyberport Form Strategic Partnership; Empowering Hong Kong Startups to Go Global
Global Network: As a global platform, Lenovo leverages Hong Kong's role as an international hub to help startups expand into overseas markets. With Lenovo's global supply chain, legal, marketing, and ...