Hong Kong

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.