DBS and Xero, a worldwide small business platform, are collaborating to make it easier for SMEs in Singapore and Hong Kong to apply for loans and access working capital.
Customers of Xero will be able to share transactions from Xero's platform with DBS as a result of the partnership while...
DBS Foundation has launched a new grant for SMEs to kickstart their transition towards becoming more sustainable businesses. This is an extension of DBS Foundation’s ongoing support for SMEs, as it endeavours to foster the growth of businesses-for-impact, regardless of their stage of growth.
Thus, the foundation has commenced its...
The Covid-19 pandemic has had a profound impact on the health industry, driving rapid digitalisation in the healthcare sector and forcing suppliers of medical devices and services to adapt.
To this end, the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank co-hosted a webinar titled "Start-up-Corporation Collaboration for...
Banks in Hong Kong are optimistic on their financial performance in 2022 with higher interest rates likely to improve margins, global business consultancy KPMG said in its latest report. Non-interest revenue should also increase as initiatives such as the Cross-Boundary Wealth Management Connect scheme offer new growth opportunities. Paul...
Stronger trade and investment ties with Mainland China and the world at large, boosting the broader trade industry and enhancing the technology sector, especially fintech, were key themes in the Hong Kong Budget for 2022-23, delivered by Paul Chan, the Hong Kong Special Administrative Region Financial Secretary.
The Hong Kong...
Google Hong Kong has partnered with the Hong Kong Trade Development Council (HKTDC) to power SMEs’ digital capabilities and help them succeed globally in 2022 and beyond. Michael Yue, general manager, Sales & Operations, Google Hong Kong, explains how it will work.
What did the research reveal? ...
TransUnion said the latest results from its quarterly Consumer Pulse Survey, which tracks Hong Kong consumer attitudes to their financial situation and outlook, shows a further decrease in the impact of the pandemic on household incomes with 43% of consumers reporting their household income was negatively impacted, down 2...
Hong Kong's economy is expected to catch up with rival financial hub Singapore's pace of expansion this year for the first time since 2008, as it recovers from a pandemic-induced downturn.
Economists have raised their growth forecasts for Hong Kong by 0.7 percentage points to 6.7 per cent this year,...
A report by the Wall Street Journal on Monday (Aug 2) claims that the highly contagious Delta variant is stalling Asia's economic recovery after an early rebound.
The report said that adding to rising COVID-19 cases, slow progress on vaccinations has begun to paralyze the region that had, until recently,...
Huawei announced its plan to invest US$100 million in startup support at the inaugural HUAWEI CLOUD Spark Founders Summit, which took place simultaneously in Singapore and Hong Kong.
Huawei said the investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup...
Shares in jailed tycoon Jimmy Lai's Next Digital Ltd soared on Thursday, the first day of trading after a suspension of longer than a week following a freeze in the pro-democracy activist's assets under the national security law.
In a late Wednesday statement, the media publisher said it had enough...
Hong Kong and Singapore have announced a start to their highly anticipated two-way air travel bubble.
Flights under the agreement – which allows people to travel quarantine free between the financial hubs – will begin from May 26. The number of flights will be increased by June 26 if there...
