Hong Kong

Hong Kong’s economic growth slows down as border control remains

The city’s GDP expanded by 7.5% in the second quarter from 7.9% previously.

Gov’t investigates Next Digital Limited over alleged fraud affairs

Clement Chan Kam-wing has been appointed as the inspector for the investigation.

Hong Kong leads race to 'normalcy'

With a score of 96%, Hong Kong is the closest out of 50 areas to pre-pandemic normal.

Hong Kong, Singapore resume talks on travel bubble plans

The travel bubble set in May was postponed after the virus resurgence in Singapore.

Hong Kong intensifies air cargo security

This comes as the International Civil Aviation Organization’s air cargo security policy takes effect.

HK port congestion likely to drive up freight rates

Container spot rates are at a new all-time high at the end of the second quarter.

Hong Kong bans travel from UK anew

UK will be identified as an “extremely high-risk” area, starting 1 July.

Security chief to move up as HK’s no. 2 official

This comes as reports of a cabinet reshuffling arise.

Hong Kong exports likely to grow 15% in 2021

The HKTDC reported export confidence rose for the 5th consecutive quarter.

CapitaLand to launch first RMB fund in Q4

The company has obtained a private equity fund manager status in China.

Hong Kong imposes travel ban on Indonesia

Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.

Wealthy Hong Kongers to reach 831,000 by 2025

The global number of millionaires could go over 84 million in the next five years.

HR Briefing: Are the Gen Zs alright?

A study has found Gen Zs are struggling in the workplace.

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Why Hong Kong needs a corporate wellness paradigm shift now

By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.

Hong Kong may ease entry for vaccinated persons

This does not apply to vaccinated persons from extremely or very high-risk places.