Hong Kong

PMI plunges to 15-year low in November

Business sentiment was also at its lowest since 2012.

Spooked investors back long-term debt as default and recession risks rise

Approximately $3.2t in Chinese debt is poised to mature by 2023, spelling trouble for Hong Kong.

Expats keep options open as protests dent ‘world city' appeal

Foreigners may turn to destinations like Singapore, Indonesia and Vietnam in light of increasing unrest.

Hotels and shops take heavy beating as protests reverberate across Hong Kong

In August alone, tourist arrivals plunged 40% in its sharpest decline since the 2003 SARS crisis.

Hong Kong to remain as top global city destination in 2019

Its proximity to China, shopping options, and culture remain its key strengths to attract tourists.

1 in 4 bosses worry about leadership for digital change

Almost half felt a lack of management support or interest.

Virtual banks to make up 2-3% of total deposits by 2020: report

They are expected to attract “tens and thousands of customers” each.

Firms move arbitration hearings to Singapore from Hong Kong amidst protests

Maxwell Chambers has seen a few cases from Hong Kong in recent months.

Government earmarks $2.4b to revamp four historic buildings

It has opened proposals for revitalisation to organisations.

Property sales jumped 32% to 6,710 units in November

Agreements for residential units surged 43.9% to 5,756.

Bidders for Kai Tak residential sites plunged 67%

The number of consortiums bidding for larger-scale sites rose.

Retail sales plunge 24.3% to $30.1b in October

Luxury items continued to lead declines with a 42.9% drop in sales value.

Approved mortgage loans down 3.9% to $32.6b in October

Mortgage applications also dipped 3.7% to 9,299.

Freedom Foods Group bags Asian Export Award for MILKLAB Dairy Milk

The company’s MILKLAB Dairy Milk can texture and stretch with any type of coffee.

Tru Blu Beverages wins Asian Export Award for Soda Category

Australian Beverage manufacturer Tru Blu Beverages (Tru Blu) has won the coveted Asian Export Award 2019 in the Soda Category for its iconic premium Riviera Sparkling Fruit Drink.

Mortgage cap hike buoyed home sales: report

This drove developers to offer flexible payments and discounts for new projects.