Hong Kong

Hong Kong inks fintech cooperation with Switzerland

Hong Kong inks fintech cooperation with Switzerland

It lays out a bilateral mechanism for companies entering one another’s markets.

Exports rose 18.1% to $350b in January

Significant trade increases were registered in Taiwan, the Mainland and Vietnam.

Hong Kong bosses prefer to upskill than hire to combat market disruption

31% aim to leverage the expertise of other businesses by partnering with digital agencies.

Nearly half of employees expect to ditch their jobs in 2018

49% have expressed dissatisfaction with their compensation package.

Secondary home sales up 21% to 1,725 in first half of February

This is partly due to stamp duty amendments encouraging home upgrades.

Hong Kong offers better jobs than Singapore, say expats

They also receive more competitive salaries at USD148,410 than Singapore expats at USD117,904.

Happiest place on earth no more: housing woes may hit Disney

Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.

Producer e-waste responsibility scheme rolls out this year

It shifts the burden of recycling of old and unwanted appliances to suppliers.

Office net take-up hits 209,900 sq ft in January

Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.

20 building plans approved in December

Of that figure, 9 were for apartment and commercial developments.

How will Hong Kong profit from a purpose-driven economy?

How do we make sure we have an education system that is welcoming for all? Hong Kong’s landfills will be out of space by 2020 – what will we do with all our rubbish? The population is rapidly ageing: do we have enough skilled workers in the pipeline? Hong Kong, like many major cities, has plenty of pressing social problems that need to be addressed.

Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3

PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.

Government mulls imposing $350 levy on property recipients

If passed, the PMSA will collect start collecting from property transferees by July 1.

Small brokerages wield large influence over Hong Kong's markets

They’re even gunning for a permanent seat at the HKEX board.

Unemployment steady at 2.9% in November-January

This translates to 106,600 unemployed persons.

Inflation up 1.7% in January

The price of utilities like electricity, gas and water spiked significantly by 10.2%.