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Hong Kong economyi

Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.

 

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  • Government contract of BSF Hatch, which turns chicken faeces into animal feed, fertiliser and biofuel, is set to expire at the end of August
  • Environmental group The Green Earth says city needs more, not fewer, of such facilities to deal with its mounting food waste problem
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After demand for masks slumped, Innotier diversified into making products aimed at customers concerned about hygiene in the post-Covid-19 era, founder Juliana Lam says.

Hong Kong Jockey Club says it will adjust snowball pool arrangement to increase its reserve and meet public’s demand for larger prizes from Tuesday next week.

Cui Jianchun, commissioner of Beijing foreign ministry office in Hong Kong, meets UK Consul General Brian Davidson to discuss Sino-British ties amid heightened tension.

A foreign government may level accusations of espionage when it thinks its boundaries have been crossed, international relations expert Wilson Chan says.

Proposals also aim to ensure timely payment, with bureau spokesman pointing to recent high-profile case where subcontractors were reportedly not reimbursed for years.

The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.

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HBGL, which operates Huobi HK, has withdrawn the licence application for unspecified reasons, requiring it to close the crypto exchange under the city’s virtual asset regulations.

Readers discuss Hong Kong’s hosting of the Apec Business Advisory Council meeting, Citybus’ inclusive hiring practices, and the Malaysian government’s plan to give its employees a pay rise.

Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according to analysts.

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Hong Kong’s market regulator has warned the public to beware of a suspected investment scam in which fraudsters claim they are trying to raise the funds to relaunch one of the city’s iconic nightclubs.

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