Hong Kong Business Magazine

23/01/2025

Hong Kong construction sector embraces data standardization and collaboration to drive future growth.

Data standardisation and multidisciplinary collaboration are set to drive the construction industry in Hong Kong in 2025.

23/01/2025

A startup is helping language teachers grade student writing tests faster.

Language teachers from more than 50 universities worldwide no longer have to spend two hours daily checking students’ writing tests.

22/01/2025

The HKB High Flyers Awards 2025 celebrated Hong Kong’s leading innovators, recognising exceptional contributions to industry advancement.

See the complete list of enterprises that are redefining business standards with cutting-edge solutions and transformative initiatives: https://bit.ly/40HQ97K

Find out the most exceptional innovators who have developed outstanding products and initiatives in the region.

16/01/2025

Experts propose ways to address Hong Kong's looming $94.8b budget deficit.

With Hong Kong grappling with a larger-than-anticipated budget deficit, recommendations have been proposed to guide the government’s upcoming budget planning.

16/01/2025

Foreign F&B brands flock to Hong Kong amidst lower rents and robust demand.

International F&B companies are opening up branches in Hong Kong amidst falling rents and retail sales that have been declining for eight straight months.

16/01/2025

Partnering with more restaurants, Eat100 aims to further its food waste reduction.

Eat100, a Hong Kong startup that sells surplus food from restaurants at a discount, aims to expand its partner network to boost its food waste reduction.

13/01/2025

EY underscores the need for the Hong Kong SAR Government to diversify its economy and manage fiscal reserves amid a projected HK$98b deficit. EY proposes strategic tax incentives for REITs and commodity trading, along with optimised fiscal measures, to drive sustainable growth and solidify Hong Kong's global financial standing.

Find out more: https://bit.ly/4acBHYg

Boosting revenue and adopting targeted fiscal measures is crucial to managing deficits.

09/01/2025

South African financial technology (fintech) companies are courting investors in Hong Kong and China amidst a global funding slowdown.

Hong Kong serves as a gateway to the Greater Bay Area and a springboard to China — a position that Meyer stressed amidst a dearth in global fintech funding.

08/01/2025

Wilson Cheng, EY Hong Kong and Macau Tax Leader, explores tax reforms to revitalise Hong Kong's REIT market. From stamp duty exemptions to profits tax incentives, discover how these measures aim to attract investors, drive growth, and bolster Hong Kong's financial standing.

Read more: https://bit.ly/4a88NbL

Author: Wilson Cheng, EY Hong Kong and Macau Tax Leader

07/01/2025

https://hongkongbusiness.hk/food-beverage/exclusive/low-rents-attract-fb-brands-hong-kong

International F&B companies are opening up branches in Hong Kong amidst falling rents and retail sales that have been declining for eight straight months.

23/12/2024

Meet the 20 most notable lawyers in Hong Kong under the age of 40:

In search of the best lawyers in the region, Hong Kong Business reached out to over 80 legal firms in Hong Kong.

20/12/2024

Here are some investment ideas for the next 12 months.

Investors face trade war risks, an Asian currency rally, and strong tech sectors in Hong Kong and China amid a “year of volatility,” analysts said.

20/12/2024

Hong Kong poised to leverage heritage tourism, personalized experiences, and long-term work trends. https://bit.ly/4gKsx7l

19/12/2024

Hong Kong property struggles with plummeting values, foreclosures, rising rates, and tensions. https://bit.ly/4gIbBOV

19/12/2024

Regulatory pressures drive demand for lawyers specializing in governance and compliance.

Hong Kong headhunters see rising demand for lawyers amid regulations.

13/12/2024

Experts outline how Hong Kong can challenge US, London, Shanghai in gold trading.

Hong Kong should strengthen yuan-denominated gold contracts in its derivative market and set up an Asia-focused gold benchmark as part of its push to become an

11/12/2024

Bonhams unveils a 19,000-sq-ft Hong Kong headquarters, blending expanded auction spaces with client-focused luxury experiences.

London-based Bonhams has upgraded its local space with a new headquarters in Hong Kong to boost its presence in the city.

11/12/2024

The zero-dollar tour model impacts mid-range and mass-market retailers in Hong Kong by directing tourists to partner stores, bypassing local businesses, an expert says.

Hong Kong should outlaw so-called zero-dollar tours if it wants to regain its iconic status as Asia’s shopping paradise, analysts said.