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Tag: business

Posted on 31/07/2024

Feature: Burnishing its economic credentials, Hong Kong appeals to more people with growing vitality

"Hong Kong remains to be one of the world's most open and competitive economies and continues to gain trust from foreign companies," Algernon Yau, secretary for commerce and economic development of ...

Posted on 31/07/2024

Outback Steakhouse to close 9 restaurants in Hong Kong

The steak chain will still have 10 outlets in the key market, which has been slow to bounce back from the pandemic.

Posted on 31/07/2024

UK private school exodus expected on higher VAT, but experts say Hong Kong families unfazed

Consultants add the VAT roll-out is likely to be charged in phases and schools may not pass on all the tax burden to parents.

Posted on 31/07/2024

Hong Kong stocks tumble as Politburo balm fails to soothe, Hang Lung dives post-earnings

Hong Kong stocks were on the back foot ahead of a crucial manufacturing data announcement, Hang Lung Properties collapsing after it reported lower profits and cut dividends.

Posted on 30/07/2024

Sotheby’s launches multi-use space in Hong Kong’s business district

The 24,000 sq. ft location in the city’s Landmark Chater building will host exhibitions as well as a concept store—currently featuring Banksy’s famed shredded Girl with a Balloon ...

Posted on 30/07/2024

Hong Kong: Super-connecting New Pathways to Success with Laos

HONG KONG SAR - Media OutReach Newswire - 30 July 2024 - Hong Kong is exploring new pathways to business success with the Association of Southeast Asian Nations (ASEAN), including ...

Posted on 30/07/2024

A Hong Kong businessman, Lo Kai Bong, is trying to lift Ukrainian sanctions to avoid restrictions in the EU and the USA, – Kulyk

Little-known to the general public in Ukraine, millionaire Andrew Lo Kai Bong, a citizen of Hong Kong, is attempting to lift Ukrainian sanctions against ...

Posted on 30/07/2024

Hong Kong Stocks: Country Garden Secures Six-Month Breather for Restructuring

Hong Kong-based developer Country Garden Holdings Co. (HK:2007) has secured a six-month breather in its liquidation case, allowing it more time to develop an offshore debt restructuring plan. A Hong Kong court has postponed the liquidation hearing until ...

Posted on 30/07/2024

Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income

In this article, we introduce the Patent Box Regime in Hong Kong and provide a comprehensive understanding for businesses and investors. DOING BUSINESS IN HONG KONG EXPLORE IN-DEPTH INVESTMENT AND BUSINESS GUIDES. Explore vital economic, geographic ...

Posted on 30/07/2024

Hong Kong businesses and other organisations sign 12 non-binding deals with Laos

City leader John Lee meets Laos Prime Minister Sonexay Siphandone and foreign minister Saleumxay Kommasith on second day in Vientiane.

Posted on 29/07/2024

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada added 3.4 per cent to HK$55.15. Global luxury brands are increasingly returning to Hong Kong’s core business districts, attracted by property prices that are much lower than pre-pandemic levels.

Posted on 29/07/2024

Hong Kong businesses and other organisations seal 12 non-binding deals with Laos

“Today is a good opportunity for me and for the Lao People’s Democratic Republic, both the government as well as the business community, to discuss things and find a way to further expand economic ...

Posted on 29/07/2024

Top restaurant Outback shuts nine Hong Kong steak houses, lays off 300 as diners head to mainland China

The American restaurant will shut nine of the 19 stores it owns in the city, affecting more than 300 of its staff, Outback said in a statement.

Posted on 29/07/2024

Prada to Open 8,000-Square-Foot Hong Kong Store After Years of Downsizing

Prada climbed as much as 1.9%. Global luxury brands are increasingly returning to Hong Kong’s core business districts, attracted by property prices that are much lower than pre-pandemic levels. In ...

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