Hong Kong

Inflation slips to 2.3% in August

The increase in food prices hit 4.5%.

Customs Department inks deal with six container terminal operators

The MoU aims to set arrangements for sea cargo customs clearance.

Hong Kong signs IT pact with the Mainland

The ministry also announced that unicorn startup SenseTime will set up an AI-powered platform.

Hong Kong hit by growing private sector vacancies

Vacancy levels surged 14% to 79,200 in June.

21 building plans approved in July

More than half were for apartment developments.

Hong Kong loses to Singapore in ease of corporate compliance

The SAR ranks seventh in APAC whilst the Lion City is second.

Government expands insurance benefits for struggling exporters squeezed by trade war

Premium discount on Small Business Policy holders will be hiked from 20% to 30%.

Young at heart: Flexi work appeals to millennials and baby boomers alike

Those born pre-1964 appreciate the productivity benefits of non-conventional work.

KPMG and Alibaba Cloud tie up to launch global digital alliance

The collaboration aims to provide digital assistance to businesses in APAC and Europe.

Hot pot chain Haidilao defies market slump after raising nearly US$1b in IPO

The firm sold around 8% of equity capital at $17.80 per share.

Unemployment rate remains flat at 2.8% in June-August

This translates to around 117,400 unemployed Hong Kongers.

Trade jitters and bearish equities weigh heavily on Hong Kong's 2019 GDP growth forecast

The economy is poised to grind to a halt at 3% in 2019 from 4.7% in Q1.

Hong Kong may only have ten years before office supply runs out

There are only around 20.1 million sq ft of potential office space from GLS.

HSBC steps up Hong Kong and Singapore hiring to cash in on Asian goldmine

The bank is planning to add over 1,300 positions by 2022.