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Tag: business

Posted on 15/08/2024

Some Hong Kong Food Expo vendors predict sales to rise despite cross-border shopping push

Food Expo to launch on Thursday, with some vendors expecting sales to double and others only hoping to match last year’s performance.

Posted on 14/08/2024

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The sandbox serves as a framework, with computing resources and supervisory guidance, to help banks test and build their GenAI applications.

Posted on 14/08/2024

AI boom drives demand for tech talent

VCG. The war for artificial intelligence (AI) talent is getting fiercer as the demand for people who can fill crucial roles skyrockets. The AI boom in China is creating ...

Posted on 14/08/2024

Hong Kong tycoon known as ‘Superman’ blows into UK wind power with $450m deal

Li Ka-shing is richest person in Hong Kong, where he arrived as a refugee in 1940 before building business empire ...

Posted on 14/08/2024

Hong Kong top talent scheme ‘should have age limits, target sectors lacking skilled labour’

Lawmakers suggest focusing on younger applicants and adopting approach that identifies and matches talent with sectors lacking skilled labour.

Posted on 14/08/2024

Can Hong Kong try to copy Silicon Valley’s ways to create more technopreneurs?

The group of Hong Kong visitors to Novoloop, a start-up in Silicon Valley’s Menlo Park, cannot miss the sneaker placed on a laboratory bench alongside test tubes and machinery. Describing the ...

Posted on 14/08/2024

Survey: High interest rates not spooking Hong Kong SMEs

Investment sentiment among small and medium-sized enterprises in Hong Kong has generally not been affected by high interest rates, with 92 percent of surveyed firms planning to maintain or increase ...

Posted on 14/08/2024

Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific

But there's still a huge market to capture: About 40% to 45% of personal financial assets in the region are held in cash and deposits as of 2023, according to a report by McKinsey ... its growth in ...

Posted on 13/08/2024

Hong Kong stocks left out of regional recovery as Meituan, Li Auto pace losses

Once the Hong Kong stock market sees some substantial gains, the volatility rises, which could lead to more profit-taking at this point,’ say analysts at Ping An Securities.

Posted on 13/08/2024

Philippine CBDC: How digital money might work in the country

Bangko Sentral ng Pilipinas (BSP) will complete its Philippine Central Bank Digital Currency (CBDC) pilot by the end of the year, according to financial news outlet Central Banking. On March 6, BSP ...

Posted on 13/08/2024

Going global? Love, Bonito & StashAway share 5 tips for startups eyeing int’l expansion.

Love, Bonito & StashAway shared 5 realistic business tips on global expansion and what companies need to consider before going all in.

Posted on 13/08/2024

Hong Kong loves to hate its cabbies- can polite ambassadors help?

Most disgruntled passengers do not file complaints because it's time-consuming. Still, there there were about 11,500 complaints last year - a 11% increase from 2019, according to the Transport ...

Posted on 13/08/2024

Hong Kong Bakery & Bistro on Wolf Road closing after 21 years

Hong Kong Bakery & Bistro on Wolf Road in Colonie, open in four locations over 21 years, is closing now that founders Berry Lai and Shu Lam Chan are retiring ...

Posted on 13/08/2024

Hong Kong architects call for more public projects to avoid shrinkage after 6 failed bids

Institute of Architects chief Benny Chan says repeated failed tenders prompted some firms to lay off employees and force staff to go on unpaid leave.

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