News

Fifth wave has outgrown HK’s capacity, but no lockdown for the city: Lam

The government will enhance capacity in various parts of its anti-epidemic effort instead.

Moderna announces Hong Kong expansion

Its new subsidiary will provide a local presence for improved logistics.

Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK

Retail sales growth is expected to be lower in 2022 at 7%.

HK ranks as 3rd best city for private landlords

Average monthly rent of $3,435.95 was recorded in the country.

Growth in retail sales to crash to 0% in 2022 if…

In 2021, the growth in retail sales was 8.1%.

Rent control bill aims to bury abusive ‘coffin home’ landlords

A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.

Epic Group reveals ESG initiatives to meet 20% reduction in GHGs

The initiatives cover the manufacturing, management, and talent process.

Office real estate falls to all-time low in 2021: RCA

Office property investment in Hong Kong only brought in $2.3b in 2021.

13% of SMEs find credit approval more difficult

The SMEs' perception jumped 1% compared to the previous quarter.

HKMA extends Banking Talent Programme until August

The programme was supposed to end in February.

6 of 10 SMEs face logistical challenges

56%, meanwhile, look to increase the use of on-demand delivery.

2,015 nano flats to be completed in 2022

Compared to 2021, the number of nano flats for completion doubled.

Property sales sink 16.5% MoM in January

When compared to January 2021, sales dipped by 4.8%.

Vax pass update to promote inoculation

More premises will be covered in the vaccine pass later this month.

HKMA records 0.4% increase in total deposits in December 2021

Local currency deposits, meanwhile, decreased by 0.8%.