Hong Kong

Cathay plans to cut 30% of staff costs

There will be changes to mid and senior management.

Chow Tai Fook Enterprises buys Australia's Alinta Energy

Alinta abandoned plans to list on the ASX for $4b.

6 factors that keep Hong Kong workplaces happy

Positive workplace relationships is one.

Unemployment rate in Hong Kong stood at 3.3%

While underemployment dropped to 1.2%.

Banking sector could boost headcount by 55,000 in the next 10 years

This is amidst the growth of Chiense mainland banks.

Cathay Pacific lost HK$575m in 2016

No thanks to "intense and increasing competition".

Hong Kong to boost cinema numbers through land lease terms

Two sites are mandated to include cinemas in their leases.