Singapore
Market Update: HSI ends week up 1.12% on tech, healthcare gains
Market Update: HSI ends week up 1.12% on tech, healthcare gains
The Hang Seng Index (HSI) closed the week up by 323.41 points or 1.12% at 29,078.75 amidst gains in tech and healthcare shares due to fears over COVID-19 resurgence.
Singapore eases restrictions for Hong Kong travellers
Travellers from Hong Kong can wait out their Stay Home Notices at their own residences.
Cathay Pacific passenger traffic plunges 99% in January 2021
Revenue passenger kilometres fell 98.7% YoY over the same period.
Savills facilitates $240m acquisition involving Hing Tin Commercial Centre
Part of the property will be turned into a home for the elderly.
Datasite takes home Fintech - Financial Services win in China Technology Excellence Awards 2020
The firm was recognized for its groundbreaking tech platform, which has revolutionized the way M&A is conducted.
Tricor Group recognized as Premier Business Services Provider at China International Business Awards
Tricor Group (Tricor) won the Business Services category of the China International Business Awards, presented by Hong Kong Business magazine, for its growth strategy in China. The inaugural awards programme honours the most successful growth strategies and innovative best practices amongst international businesses based in China.
Industrial production down 5.1% in Q2
The producer price index also fell 1.3% during the quarter.
Home prices to drop 10% by end-2020
Property prices in The Harbourside are now 10.6% compared to January 2019.
Government unveils enhanced measures for Distance Business Programme
The funding period for subscription-based IT solutions will be extended from six to 12 months.
GDP sinks 9% in Q2
Private consumption expenditure continues to counter the growing public consumption.
Total exports down 5.6% in April and May
Warehouse vacancy continued to increase to 3.3% in Q2.
Hong Kong rolls out $1.02b convention and exhibition subsidy scheme
This is in light of the gradual resumption of C&E activities in mid- and late July.
Building a Multilingual E-commerce Store
Setting up an ecommerce store is no easy feat. Not a lot of people realise the amount of time and effort that goes into building an aesthetically pleasing, functional, and easy-to-use website. It involves a great deal of work.
Retail sales down 36.1% in April
The plunge was led by sales of jewellery, watches and clocks, and valuable gifts.
SGX plunges to 17-year low as MSCI signs pact with HKEX
The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.
Cathay Pacific's merger hits roadblock from aviation regulator: report
This comes after some of its staff attended the anti-government protests in Hong Kong.
Nearly half of employees actively looking for a new job
This is despite 86% of employees concerned about job security.