Hong Kong, SAR–(Newsfile Corp. – June 18, 2026) – Hong Kong jumped one place to become the world’s second most competitive economy, according to the 2026 World Competitiveness Ranking published today (June 18) by the Swiss-based International Institute for Management Development (IMD). It is Hong Kong’s highest ranking since 2019, and builds on three consecutive…
Today the Hong Kong Monetary Authority (HKMA) and Hong Kong Exchanges and Clearing (“HKEX”) announced plans for a wholesale central bank digital currency (wCBDC) trial. The aim is to use the wholesale e-HKD as advance margin for derivatives trading during after hours trading (AHT) sessions. The HKFE Clearing Corporation Limited (HKCC) has multiple settlement banks….
HONG KONG, June 18, 2026 /PRNewswire/ — Wan Chai has recently welcomed a new shopping destination. JD MALL’s first Hong Kong store, located on Harbour Road in Wan Chai, officially opened on June 18. Hisense, a leading global brand in home appliances and consumer electronics, opened its first Hong Kong flagship store at JD MALL…
Towngas customers are facing higher bills as Hong Kong’s largest piped-gas provider will raise tariffs by 4.4 per cent in August, citing higher operating costs, while pledging no further changes over the next two years. The Hong Kong and China Gas Company (Towngas) said on Thursday that the tariff increase would result in about half…
HONG KONG, June 18, 2026 /PRNewswire/ — On June 18, the Hong Kong International Auto Expo officially opened. Embracing the theme “All New GAC, Going Global”, GAC Group made a powerful impression with an all-star lineup across its three major brands GAC, AION, and HYPTEC. At the event, GAC officially announced the strategic upgrade of its…
More than 90 per cent of mainland Chinese families moving to Hong Kong under the city’s talent visa schemes have cited their children’s education as the primary reason for relocating, according to a survey. The survey by Beacon Group, one of the city’s largest tutoring and college admissions consultancies, was published on Thursday and showed…
HONG KONG’S HARBOURFRONT ACTIVATED BY DESIGN AND ART Ahead of its phase one opening in 2027, Central Yards is rewriting the rules of civic infrastructure on Hong Kong’s Central Harbourfront. The ambitious 1.6-million-square-foot ‘groundscraper’ development by Henderson Land Group has transformed its temporary pedestrian passageway into an active cultural canvas. Connecting the bustling route…
Cathay-owned Air Hong Kong has signed a lease deal to add a converted Airbus A330 freighter to expand its regional operations. The A330 freighter will join Air Hong Kong’s fleet in the fourth quarter of 2026 under a long-term lease agreement with Air Transport Services Group subsidiary Cargo Aircraft Management. Air Hong Kong currently operates…
Hong Kong will measure the size of its poor using a new 21-indicator framework, abandoning the previous income-based metric said to have overestimated the number of underprivileged people by ignoring billions of dollars spent on public housing and healthcare. In a 224-page report released on Thursday, the government also raised the concept of “social transfer…
Homeowners in a Hong Kong subsidised housing estate will need to amend a legal land-use document to permit a cafe on the premises to allow dogs, after the venue was disqualified from a pet-friendly licence scheme despite winning an application ballot. The Housing Department said on Thursday that the owners of Kai Yan Court in…