Singapore

HSBC to put Singapore trader Zenrock under judicial management

Last month, the trader assured that it was not under financial stress.

HSBC to put Singapore trader Zenrock under judicial management

Last month, the trader assured that it was not under financial stress.

Exports down 5.8% to $323.6b in March

Exports to India, Thailand and Singapore posted double-digit declines.

Hong Kong's currency-peg defense heightened to $4.34b

HKMA sold $2.79b (US$360m) of the city’s currency.

Hong Kong to adopt bankruptcy system

The system would give companies a window to restructure their debt.

Cathay Pacific resumes US and London flights

It reinstated three flights between Hong Kong and London Heathrow in 17-21 March.

SMC Electric delays proposed listing, share offer

Application monies will be refunded 16 March 2020.

WeDoctor eyes $1b Hong Kong IPO

It has invited pitches from investment banks to lead the platform’s listing.

Nearly 3 in 5 firms fear virus crisis could spur restructuring

But for now, hiring continues for 63% of companies.

PMI sinks to lowest since 1998

GDP is expected to contract at an annual rate of nearly 5%.

Accounting difficulties lie ahead as Hong Kong sinks into recession

The number of fraud and dispute cases grows, leading to a strong demand for advisory services on forensics.

Inflation up 1.4% in January

Food prices spiked 17% during the month.

Hong Kong retail firms brace for more nCov impact

Tourist arrivals and retail sales already affected by unrest are tipped to worsen.

Inflation up 2.9% in 2019

Mild price hikes on imports and economic conditions will contain inflation in the near-term.

Sluggish retail rents to spill over to 2020

Visitor arrivals were down by 51.5% in December.

Asian retailers should consider investing in omnichannel experiences to stay relevant

Retailers gearing up for 2020 may have been urged to double down on technology to deliver the elusive optimal customer experience that hits all the right notes across the virtual and physical worlds of commerce. However, even as the expectations of the next generation consumers are at an all-time high thanks to unrelenting tech evangelism, retailers from Singapore to Hong Kong remain divided on differentiating trends from fad and investing in the latest retail tech obsession du jour.

Office rents down 1.5% in Q4 2019

Wanchai/Causeway Bay recorded the largest rental decline.