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Tag: business

Posted on 15/06/2023

Hong Kong needs Fanling golf course for business networking, ex-minister Fred Ma tells public hearing on housing development

Former commerce chief warns over site's importance for city's financial hub status, as course doubles as place for senior executives to mingle High-quality, world-class course important for retaining ...

Posted on 14/06/2023

Hong Kong stocks advance as Tencent, Xpeng lead on China rate-cut, Fed outlook while Nomura calls for more tonic to avert ‘double-dip’

A combination of bullish bets on China and US interest-rate outlook is driving another round of gains in Hong Kong stocks. Questions remain if that could sustain the rally after a slew of recent ...

Posted on 14/06/2023

Will importing 20,000 workers fix Hong Kong’s labour woes? It’s a good start, say bosses but unions warn pay, conditions the main problem

Hong Kong labour unions have warned that a government plan to import more than 20,000 workers will not address the causes of the manpower shortage, arguing issues such as low pay and unsatisfactory ...

Posted on 14/06/2023

Chinese automaker BYD reopens two Hong Kong showrooms after vandalism

Chinese automaker BYD Co Ltd has restarted operations at two showrooms and a service centre in Hong Kong after they were vandalised earlier this week, BYD's sole agent said in a notice on its website ...

Posted on 14/06/2023

Hong Kong labour unions warn importing 20,000 workers won’t solve root problems behind manpower shortage

Union chairman accuses government of failing to address issues such as low wages among certain sectors But business leaders welcome scheme and stress need for more workers to help get local industry ...

Posted on 14/06/2023

Hong Kong to recruit 27,000 foreign workers amid shortage

HONG Kong will ease entry rules to bring in 27,000 foreign workers, in a bid to stem a manpower shortage in the financial hub. Read more at The Business Times.

Posted on 14/06/2023

HSBC eyes leading role in banking for VCs, startups after hiring wave

HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong ...

Posted on 14/06/2023

Israeli-made robotic Spiderman cleans Hong Kong skyscrapers

Verbotics is the first company to provide a robot cleaning output ten times the capacity of the traditional cleaning performed by humans.

Posted on 14/06/2023

American tech giants are cutting users in Hong Kong off their services

Fears of attracting action over national security laws in China, tech companies are toeing the line in Hong Kong too.

Posted on 13/06/2023

HKSTP Celebrates Record High 437 Graduates from 21 economies Signal Growing Strength of Hong Kong’s I&T Ecosystem

Ideation and Incubation Programmes Graduation Ceremony 2023 reinforces HKSTP’s world-class platform propelling success of startups HONG KONG, June 13, 2023--(BUSINESS WIRE)--Hong Kong Science and ...

Posted on 13/06/2023

Hong Kong To Bring In 20,000 Workers To Ease Labour Crunch in Key Sectors

Hong Kong is grappling with job shortages in service and other industries as business rebounded after the lifting of pandemic restrictions.

Posted on 13/06/2023

Hong Kong banks to benefit from better margins and incomes although uncertain economic recovery, property sector crisis could drag, says KPMG

Hong Kong banks are expected to benefit from rising interest rates and growing business opportunities after the border reopening this year, although uncertainties around the recovery in mainland China ...

Posted on 13/06/2023

Hong Kong to unveil plan to recruit foreign labour amid shortage as business surges

The city wants to bring in at least 18,000 construction, transport and logistics workers, a local newspaper reported. Read more at straitstimes.com.

Posted on 13/06/2023

Hong Kong stocks struggle in stimulus-waiting game while confidence grows on likely Fed pause on rates

Stocks struggle to sustain a positive momentum as China appears to go slow in stimulating its economy. Chances have increased on a rate pause in the US amid signs of slowing inflation.

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