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Tag: business

Posted on 11/09/2023

Sky shuttles at Kai Tak? Hong Kong ‘will revive elevated transit project, propose solutions’ for transport woes in area as firms eye contract

Intense competition expected among Hong Kong, mainland companies to build East Kowloon transport network Monorail plan scrapped in 2020, but project on track to return amid mounting calls for better ...

Posted on 11/09/2023

China Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a year

The lender aims to cut down on paper use in its 24 local branches to save 1 million sheets of paper a year, as it goes all-in on promoting its mobile banking app, according to a senior executive.

Posted on 11/09/2023

Hong Kong development minister confirms luxury house at Redhill Peninsula has illegal structures, hours after site evacuated following landslide

Secretary for Development Bernadette Linn says initial investigation also shows luxury estate’s house No 72 unlawfully occupies slope considered government land.

Posted on 10/09/2023

Hong Kong’s investment arm to start funding projects by year-end

The Hong Kong Investment Corp. (HKIC), a government-owned investment operation created last October, is actively selecting potential projects and is expected to begin pouring money into them by ...

Posted on 09/09/2023

Hong Kong flood aftermath: retailers call for shopping centre operators to cover thousands of dollars in business losses caused by record rainfall

Some shopping centres were left partially flooded after Hong Kong was struck by worst rainstorm in more than a century on Friday, with clean-up efforts continuing into next day.

Posted on 09/09/2023

Hong Kong police arrest 5 in crackdown on crime syndicates behind laundering of HK$105 million using tens of thousands of prepaid cards

HK$8,000 limit for one-off prepaid cards designed to prevent anonymous money laundering, according to police Two wine trading companies purchased over 40,000 prepaid cards worth more than HK$20 ...

Posted on 09/09/2023

Hong Kong’s much-loved film star Brigitte Lin takes on new role as ambassador for dementia project

Lin, now 68, shares her secrets for retaining a sharp mind as dementia prevention project announcedChinese University and Charles K Kao Foundation for Alzheimer’s Disease join forces to help fight the ...

Posted on 09/09/2023

Extreme rainfall in Hong Kong, Brazil and Greece leaves dozens dead after flash flooding

Unprecedented flooding from extreme rainfall events on multiple continents around the world has left dozens dead and displaced thousands since the start of September. The extraordinary scenes of ...

Posted on 09/09/2023

Hong Kong to Ease Shutdown After Record Rain Overwhelms City

(Bloomberg) -- Hong Kong’s heaviest rainstorm since records began in 1884 ... HK Observatory Expects Rainfall to Start Easing Early Afternoon At Wong Tai Sin subway station in Kowloon, videos ...

Posted on 09/09/2023

Hong Kong Rained Out, Investors Wake Up To Importance Of US China Relations, Week In Review

Asian equities were mostly lower this week as renewed concerns of another potential Fed rate hike weighed on risk assets globally. Trip.com reported Q2 revenue that exceeded pre-COVID (2019) levels by ...

Posted on 08/09/2023

This Beam Suntory exec has worked in Russia, Slovakia, and Hong Kong. She thinks more people should consider a global career

- Around the world. Throughout her career, Jessica Spence has worked in Russia, Slovakia, Poland, Hong Kong, Denmark, and now New York. It's the kind of global trajectory that not everyone ...

Posted on 08/09/2023

Asia markets fall as Japan economy grows slower than expected; Hong Kong cancels Friday trading

Asia-Pacific markets are set for a mixed open as Japan releases its trade balance for July, as well as its revised second quarter gross domestic product figures. Hong Kong markets may see limited ...

Posted on 08/09/2023

Hong Kong, Shenzhen deluged by heaviest rain on record

The Asian financial hub of Hong Kong was drenched on Friday by the heaviest rain since records began 140 years ago, killing one person and injuring 83, media reported, as unusually wet weather caused ...

Posted on 08/09/2023

Rain pouring onto Hong Kong and southern China floods city streets and subway stations

Rain pouring onto Hong Kong and southern China overnight flooded city streets and some subway stations, halting transportation and forcing schools to close ...

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