Hong Kong Business

Enhanced bill for social workers unveiled
It is set for first and second readings in LegCo on 22 May. 
Taxi flagfall to increase by $2
The incremental charge per 200m under first-tier rates will also increase.
Hong Kong funeral industry embraces green burials
^ "https://vimeo.com/944679884"
Rising demand for sustainable funeral practices shapes the market.
Deliveroo opens third Hop site in Kwun Tong
It will offer over 2,300 grocery items.
Mainland-Hong Kong R&D funding scheme launched
The R&D work will focus on biotechnology, AI, and sustainability engineering and technology.
Gov’t urged to reform Social Workers Registration Board governance
The board’s current operations are allegedly deviating from its legal obligations.
China and Hong Kong announce new swap connect measures
It will expand product choices under Swap Connect, improve efficiency, and reduce participation costs.
China adds 8 cities in Individual Visit Scheme
There are now 59 cities included in the program.
3 in 5 Hong Kongers happy to keep role despite absence of growth: report
Specifically, Baby Boomers resonate with this preference.
Kai Tak construction firms face bid suspension
A contractor and subcontractor were involved in a fatal incident.
HK Express expands with new route to Sanya
The airline plans to take advantage of an upcoming festival bound to happen in April.
HKUST and Beijing Tiantan Hospital to launch training programme for physicians
The selected participants will undergo training focused on research and clinical practice.
Gov’t expands rehab programme for employees injured at work
Two industries were added to the coverage. 
Labour Dep’t announces enhancement programme for school leavers
Around 14,000 people are expected to participate.

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Exclusives

Exclusives

Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.

Top News

Enhanced bill for social workers unveiled
It is set for first and second readings in LegCo on 22 May. 
Taxi flagfall to increase by $2
The incremental charge per 200m under first-tier rates will also increase.
Hong Kong funeral industry embraces green burials
^ "https://vimeo.com/944679884"
Rising demand for sustainable funeral practices shapes the market.
Deliveroo opens third Hop site in Kwun Tong
It will offer over 2,300 grocery items.
Mainland-Hong Kong R&D funding scheme launched
The R&D work will focus on biotechnology, AI, and sustainability engineering and technology.
Gov’t urged to reform Social Workers Registration Board governance
The board’s current operations are allegedly deviating from its legal obligations.
China and Hong Kong announce new swap connect measures
It will expand product choices under Swap Connect, improve efficiency, and reduce participation costs.
China adds 8 cities in Individual Visit Scheme
There are now 59 cities included in the program.
3 in 5 Hong Kongers happy to keep role despite absence of growth: report
Specifically, Baby Boomers resonate with this preference.
Kai Tak construction firms face bid suspension
A contractor and subcontractor were involved in a fatal incident.
HK Express expands with new route to Sanya
The airline plans to take advantage of an upcoming festival bound to happen in April.
HKUST and Beijing Tiantan Hospital to launch training programme for physicians
The selected participants will undergo training focused on research and clinical practice.
Gov’t expands rehab programme for employees injured at work
Two industries were added to the coverage. 
Labour Dep’t announces enhancement programme for school leavers
Around 14,000 people are expected to participate.

Exclusives

Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.

Join the Hong Kong Business community