Hong Kong

HKMA raises its base rate to 5.75%

The new rate took effect on 27 July.

Hong Kong’s restaurants remain undermanned: survey

Data from Deliveroo showed that six in 10 restaurants are still hiring.

Exports value dips by 11.4% YoY to $337.4b in June

The pace of decline, however, has moderated.

Buildings department greenlights 8 building plans in May

Of the plans approved, three are on Hong Kong Island.

Luxury residential sales fall 12.9% MoM in June

Only 183 units got sold during the month.

Grade A building at Wing Lok Street for sale

The EOI deadline is 12NN on 20 September 2023.

Gov’t to assist building owners in maintenance

Secretary for Home & Youth Alice Mak said they are alerted by falling concrete.

Housing Authority to open application for subsidised flats

The application will run from 31 July at 8 am to 14 August at 7 pm.

Consumer prices rise 1.9% YoY in June

The rate of increase in June was slower than May.

JC PROcruit C offers traineeship opportunities to over 500 first-time job seekers

It provides job opportunities in the creativity, technology, business, and healthcare sectors.

Over 4000 jobs up for grabs in Mong Kok job fair

Most jobs offer monthly salaries ranging from $12,000 to $22,000.

Unemployment rate dips to 2.9%

There were 113,600 unemployed people from April to June.

Business value alignment, changing behaviour, and establishing baseline crucial in digital transformation journey, says KPMG China’s Stanley Sum

Sum stressed that successful digital transformations have to be business value-led, and both IT and business functions should be responsible for inputs and outcomes.

Hang Seng expands remote account opening service to HK companies with mainland shareholders

The e-Sign service can also now be used to provide signatures for loan documents.