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Tag: business

Posted on 07/09/2023

Hong Kong’s Data Center Sector – Industry and Regulatory Landscape

The Hong Kong data center market presents myriad opportunities for investors as the industry witnesses strong growth and rising demand.

Posted on 07/09/2023

‘Night Vibes Hong Kong’: campaign must be affordable to counter trend of residents spending across the border, industry leaders say

A major campaign to revitalise Hong Kong’s night economy must be affordable not only for tourists but to counter a recent holiday trend of residents heading across the border, industry leaders on ...

Posted on 07/09/2023

Hong Kong tech hub Cyberport alerts police, privacy watchdog after reports of ransomware attack exposing 400GB of data

Hong Kong tech hub Cyberport has alerted police and the city’s privacy watchdog about a cybersecurity breach after a ransomware group reportedly claimed it had gained access to more than 400GB of ...

Posted on 07/09/2023

“Airwallex for Startups” Launches in Hong Kong to Assist Firms with Business Operations

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups.” ...

Posted on 07/09/2023

Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee

In a disclosure, JFC said the remaining 40% will still be held by Meko’s shareholders. “Hong Kong is an important market for Jollibee and an important part of JFC China’s strategy to elevate the ...

Posted on 07/09/2023

mm2 Asia invests HK$19 million in Unipact to expand concert business in Asia

MAINBOARD-LISTED mm2 Asia has subscribed HK$19 million (S$3.3 million) of exchangeable bonds issued by Hong Kong concert organiser Unipact Entertainment and Productions to enhance its live ...

Posted on 07/09/2023

Hong Kong Urban Renewal Authority’s HK$3.5 billion deficit revives calls to revise compensation for old flats, engage private sector

Many agree the current compensation rate, equal to the price of a comparable seven-year-old flat, needs changing As the number of old private buildings rises, some suggest incentives to draw private ...

Posted on 07/09/2023

HKEX opens London office, with 31-degree weather and a Hong Kong taxi in tow

London is the latest international office opened by Hong Kong Exchanges and Clearing (HKEX) as it seeks to expand its global footprint.

Posted on 07/09/2023

Hong Kong retail sector must innovate to survive

Hong Kong’s retail sector is showing green shoots. Empty commercial space has fallen to a three-year low of 9 per cent in the second quarter. The hardships endured because of the pandemic may ...

Posted on 06/09/2023

“Airwallex for Startups” Launches in Hong Kong to Help Local Businesses Streamline Operations

HONG KONG, September 06, 2023--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, today announced the launch of "Airwallex for Startups," a business ...

Posted on 06/09/2023

Over a fifth of Hong Kong’s office tenants likely to reduce office space, with many relocating to mainland China and Singapore, study finds

In a poll of 321 companies, the first since Hong Kong and mainland China scrapped all coronavirus pandemic curbs, 21 per cent or 69 of the respondents said they were likely to trim their operations, ...

Posted on 06/09/2023

Hong Kong’s Bet on Crypto: Prospects and Pitfalls Explored

In a world where cryptocurrencies have navigated the choppy waters of price fluctuations and regulatory examinations, Hong Kong emerges as an intriguing outlier. The city boldly embraces virtual ...

Posted on 06/09/2023

Hong Kong court gives ‘partial victory’ to same-sex marriage supporters

Hong Kong's Court of Final Appeal said Tuesday the government must come up with a plan to recognize same-sex marriage after justices ruled that it had failed to constitutionally come up with a ...

Posted on 06/09/2023

Hong Kong court hands rare victory to advocates of same sex unions

In a partial victory for Hong Kong’s LGBTQ community, the city’s top court on Tuesday ordered the government to give same-sex couples some form of legal recognition. The surprise ruling, which ...

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