Hong Kong
Xinyi secures $1b green loan from DBS Bank
Xinyi secures $1b green loan from DBS Bank
The 3-year loan will be invested in green production.
HKEX appoints new Chief Compliance Officer
Adam Singer will join the company in September.
Wage rate rises in March but at slowest pace in 11 years
The average wage rate across sectors increased 0.9% in nominal terms in March.
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
Telecom Digital annual profit climbs 68.6%
The telecom company recorded a profit of $135.2m in the year ended March 2021.
How vocational training shapes Hong Kong workforce
PwC Hong Kong said it has helped reduce youth unemployment rate to 10% in 2019.
Security chief to move up as HK’s no. 2 official
This comes as reports of a cabinet reshuffling arise.
Grade A office market sees positive net absorption in May
This is the first time since July 2019, JLL said.
UK now in Hong Kong’s “very high-risk” list
Stricter requirements for travellers from UK will take effect on 28 June.
Hong Kong exports likely to grow 15% in 2021
The HKTDC reported export confidence rose for the 5th consecutive quarter.
Hong Kong imposes travel ban on Indonesia
Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.
Job vacancies in Hong Kong reach 39,000 in March
This is a 7% drop compared to the previous year.
Wealthy Hong Kongers to reach 831,000 by 2025
The global number of millionaires could go over 84 million in the next five years.
HR Briefing: Are the Gen Zs alright?
A study has found Gen Zs are struggling in the workplace.
Inflation rate speeds up 1% in May
This is faster than 0.8% in April.
Emperor International suffers $767.4m loss
Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.
Why Hong Kong needs a corporate wellness paradigm shift now
By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.