Tag: Business
Hong Kong’s New World Development Replaces CEO Eric Ma After Two Months
Hong Kong's New World Development has announced the replacement of CEO Eric Ma after only two months on the job. The company, owned by one of Hong Kong's wealthiest families, reported a significant annual...
Boosting Trade: Hong Kong-Peru Free Trade Agreement Elevates Economic Opportunities
The recent free-trade agreement between Hong Kong and Peru is set to open up new economic opportunities for both regions. This agreement, which focuses on cooperation in various aspects of trade, has been welcomed...
TSMC Reports 57% Increase in Net Profit for 4th Quarter
TSMC Reports Record-Breaking 57% Increase in Net Profit for 4th QuarterIn a groundbreaking announcement, Taiwanese chipmaking giant TSMC revealed a remarkable surge in net profit for the fourth quarter, surpassing all expectations....
Government Action Plan for Green Maritime Fuel Implementation – RTHK
The government has recently unveiled an action plan to promote the use of green maritime fuel in Hong Kong, aiming to reduce carbon emissions from the shipping industry. This initiative includes a target of...
Investigation into Fatal Scaffolding Incident in Kowloon City – RTHK
The Labour Department (LD) is currently investigating a tragic incident that took place in Kowloon City. A worker lost his life while dismantling scaffolding at a building in the area. The unfortunate event occurred...
Peter Wong Appointed as New Chair of HKU Council
Banker Peter Wong has been appointed as the new chairman of the University of Hong Kong (HKU) governing council, taking over from barrister Priscilla Wong when her term ends next month. This announcement was...
Staying Agile and Innovative to Stay Competitive: FS-RTHK
Financial Secretary Paul Chan emphasized the importance of Hong Kong staying agile and innovative in the face of changing global dynamics. He highlighted the ongoing transformations and adaptations taking place in countries and businesses...
Labour Group Aims for 5.5% Pay Raise in the Coming Year
The Federation of Hong Kong and Kowloon Labour Unions is advocating for a 5.5 percent pay raise for workers in the upcoming year. This call to action comes after a recent survey conducted by...
Boosting China’s Economy: Local Gov’t Debt Ceiling Raised by US$840 Million
China's economy is getting a boost as the local government debt ceiling has been raised by a significant amount. Lawmakers in China have agreed to increase the local government debt ceiling by US$840 billion...
HK-Peru Trade Development Council Strengthening Trade Relations
The Hong Kong government is in talks to finalize a free trade agreement with Peru, as Chief Executive John Lee journeys to the South American nation for the Asia-Pacific Economic Cooperation economic leaders’ meeting...
