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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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  • Secretary for Development Bernadette Linn says government may add new safety requirements to both existing and new contracts for manhole maintenance
  • Two sewer maintenance workers died last week after inhaling toxic gas in manhole
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Xinhua reports vehicle flow reached 3.26 million on mega bridge last year, after government-funded Voice of America referred to it as ‘ghost’ crossing in recent article.

Episode Six, or E6, a global provider of payment processing and digital ledger infrastructure for banks and financial institutions, plans to expand its footprint in Hong Kong this year.

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Hong Kong Business Aviation Centre offering seamless transfer service for passengers between commercial flights and private jets, with chairman hailing positive roll-out.

Amber Aviation vice-president Vicky Tsui says private plane co-ownership scheme will launch in June, allowing fliers to avoid extra costs and paperwork of sole ownership.

More inspections will be conducted in city’s tourist attractions, control points, restaurants and shops during mainland China holiday from May 1 to 5, authorities say.

A growing number of Hong Kong e-commerce merchants are expanding their business to customers beyond the city, according to the latest report by e-commerce solution provider Shopline.

City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development.

Prices of second-hand homes have increased for the first time in almost a year as the recent removal of cooling measures gave a much-needed boost to the beleaguered property market.

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Fireworks display and shopping discounts to be on offer for May ‘golden week’ holiday, but some lawmakers appeal for more attention for less well-known areas of city.

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The first 18 office units have been priced from HK$7.2 million to HK$22.7 million, or around HK$12,000 to HK$14,000 per square foot, NWD said in a statement on Thursday.

A consortium of CK Infrastructure, CK Asset Holdings and Power Assets Holdings is acquiring the largest natural gas network company in Northern Ireland. The deal is expected to be completed by the end of April.