Hong Kong
Mortgage loans in Hong Kong drops by nearly 10% in December
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
Should firms continue to offer high pay raises?
Randstad advised that firms should offer alternative benefits.
Hong Kong ranks as the third market with most social media users
There are 6.73 million users in the city.
How will human resources roles grow this 2023?
HR professionals will also be responsible for budget management.
These are the top in-demand tech roles in 2023
Employers are still in need of IT professionals for digital shift.
Job switchers in property, engineering industry expect up to 25% salary increase
There will be demand in middle to senior levels in four specialisations this year.
Housing Bureau picks 4 more sites to build light public housing units
The bureau now has eight sites for the project.
Private flat supply pegged at 105,000 units in next 3-4 years
The figure is 10,000 more than the previous estimate.
Exchange Fund posts investment loss of $202.4b in 2022
It also ended the year with a negative investment return of 4.4%.
Hong Kong companies to ramp up hiring of sales and marketing professionals
They are recruiting sales and marketing specialists to boost digital growth, customer acquisition, and marketing performance.
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%.
Chinachem Group, Urban Renewal Authority clinch PropTech - Real Estate win at HKB Technology Excellence Awards 2022
Their redevelopment project on Tonkin Street is the first private residential development built by a Modular integrated Construction by a private developer in Hong Kong.
Government forms task force to promote Hong Kong branding
The task force will be led by Financial Secretary Paul Chan.
Home price index slips by over 2% in December 2022
Price index stood at 332.5, the Rating and Valuation Department reported.
HZMB private car quotas up by 1,000
Hong Kong and Macau governments agreed to raise the regular quotas.
Exports value fall 28.9% YoY to $348.1b in December 2022
The deteriorating external environment contributed to the fall.
Foreign investment in Hong Kong’s commercial property still in ‘negative’ territory
The Investment Sentiment Index in the city dropped to -36 from -39.