News

Hong Kong retail sales up 8.1% to $353b in 2021

The retail sales value, however, was 27.3% below the 2018 level.

VP of CITIC Telecom appointed as CEO of CITIC Telecom CPC

Brook Wong’s appointment is set to take effect on 1 February.

AAHK extends relief package by 2 months

The body continued its support to the aviation industry amidst the pandemic.

New mortgage applications drop 15.7% MoM in December

Applications went down to 10,810 from 12,828 in November.

HK economy grows 6.4% in 2021

The growth reversed the declines of the previous two years.

88 Robinson Road completes sale by public auction

JLL served as the auctioneer for the property.

85% of family offices eye increased ESG investment in 2022: survey

Two-thirds of them are planning to increase allocations by more than 10%.

Hong Kong Business lauds exceptional enterprises at the High Flyers Awards 2021

A total of 10 winners were awarded in this year’s instalment of the annual awards programme.

HK Insurance Authority requires staff to be vaccinated

The regulator said it plans to implement this in mid-February.

HK clinches 6th spot in data centre global rankings

In the Asia-Pacific, Hong Kong ranked second.

Cathay expects consolidated loss of at least $5.6b for 2021

Passenger travel remained extremely subdued due to travel restrictions.

Competing for the best talent in Hong Kong’s shrinking talent pool

About 85% of employers are concerned about the talent shortage.

Talent crunch threatens Hong Kong’s financial sector as expats flee: report

Inconveniences in overseas travelling may reportedly turn away much-needed talent.

HK opposes EU sanctions

The sanctions were based on restrictions on freedoms of expression, association, and press.

Cathay’s 2021 passenger traffic falls below 2020 figures

The airline only flew 717,059 passengers in 2021, lower than the 4.6 million in 2020.

Social distancing measures to see 14-day extension

The period covered will be from 21 January to 20 February.