As COVID-19 vaccine roll-outs boost recovery hopes at home and abroad, businesses see improving prospects for Hong Kong and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).
Their stronger performance showed up in the GBA Business Confidence Index (GBAI), based on quarterly surveys of more than 1,000 companies...
Hong Kong's Financial Secretary Paul Chan Mo-po has unveiled a spending blueprint with fewer but more targeted relief measures, including an unprecedented digital voucher scheme for residents to spur consumption.
The relief measures, which include a HK$10,000 cash payout to all Hong Kong permanent residents aged 18 or above, will...
The Hong Kong stock exchange received a massive punch to the gut when Ant Group’s highly anticipated IPO was shelved. Said IPO was set to make history with record breaking numbers. However, despite this setback, the city is still on track to end 2020 as one of the world’s...
Due to a rising number of Covid-19 cases in Hong Kong, the launch of the much anticipated travel bubble between Singapore and Hong Kong has been delayed further. The Civil Aviation Authority of Singapore (CAAS) said in a statement on 1 December that both cities have agreed to defer...
Britain to give Hongkongers residency rights and path to citizenship after National Security Law Passed
The British government has agreed to allow around 3 million Hongkongers eligible for British National (Overseas) passports and their dependents (pic) told Parliament the law was a “clear and serious breach” of the 1984 Joint...
‘New way of life’: pandemic shifts investor preferences in Hong Kong, New York luxury property market The Covid-19 pandemic is ushering in a common trend in the luxury real estate market among prospective buyers in Hong Kong and abroad.
In Hong Kong, inquiries for property in Clear Water Bay on...
Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways which has been hit by a global travel slump triggered by the Covid-19 pandemic. The government’s involvement in the recapitalisation follows the double blows of Hong Kong’s political unrest and the coronavirus outbreak, which Cathay said meant...
US firms concerned as tensions simmer in Hong Kong over looming legislation
A survey of US businesses revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests. Contributing to...
Some property and migration consultants are seeing a rise in inquiries about Singapore as turmoil grips Hong Kong. Interested Hongkongers are attending webinars amid the coronavirus pandemic to learn more about living, working and investing in the city state Singapore tends to attract high net worth individuals, migration and...
From 1 July, the town of Sydney are going to be powered using one hundred pc renewable electricity, generated from wind and solar farms in regional New South Wales.
Valued at over AUD60 million (US$37 million), it's the most important green energy deal of its kind by a council in...
The COVID-19 outbreak is apparently on the retreat in Mainland China, and has so far had a relatively restrained impact on Hong Kong and Macao, but the disease and measures to control it have dented confidence among exporters.
The triple challenge posed by COVID-19, softening global demand and lingering trade...
As the spread of coronavirus sends jitters across Hong Kong, usually bustling shopping malls, restaurants and retailers are deserted, leaving some small business owners contemplating their future in the global financial hub. While Hong Kong’s retail sales extended their free-fall in December as months of sometimes violent anti-government protests...
