News
Central's Grade A office rents down 1.7% in September
Central's Grade A office rents down 1.7% in September
It recorded the sharpest drop of all submarkets during the month.
Bosses spend 14.4% of their time coaching underperforming employees
Managers aren’t keen to fire poorly performing employees.
Nominations are now open for China International Business Awards
Deadline for submission of entries is on 14 February 2020.
Public housing plans could hurt commercial supply: analyst
Converting factory land into residential property can reduce available commerciable area.
Weave to open Hung Hom co-living space in November
Rent starts at $8,100 per month.
Business conditions expected to deteriorate in Q4: survey
Retail, food and accommodation sectors expect output and prices to fall.
F&B sector's jobless rate hit six-year high in Q3
Unemployment levels in consumption and tourism-related segments were at the highest in two years.
Hedge fund assets hit all-time high at $722.33b despite unrest
China’s growing economy, highly-trained talent and robust regulatory landscape boosted the figure.
Foreign companies in Hong Kong up 9.9% to 9,040 in 2019
More than 1,500 operates their regional headquarters in the city.
China Mobile Hong Kong wins 3.5GHz spectrum for $300m
The company will build a territory wide 5G network.
Exports down 7.2% in August
Double-digit declines were recorded for import volume from South Korea and China.
Interconnection bandwidth to grow 55% CAGR in 2018-2022
66% of local businesses shared plans to use virtual connections to support overseas expansions.
Prime street shop rents tumbled 15.4% in Q3 as vacancies mount
Retailers are “running out of money” and expired leases were not being renewed.
Office rents break seven-quarter growth with 1% dip in Q3
Average rents in Central declined the first time since Q3 2014.
Four mobile networks buy 5G spectrum for $1b
It will take effect on April 2020.
Majority of executives struggle to upskill staff for new tech: study
Globally, 78% of business leaders predict an uphill battle in training staff on new tech.
PMI sinks to eleven-year low in Q3
Hong Kong’s economy is contracting at an annual rate of just over 3% in Q3.
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