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Central still the world's priciest office market for fifth consecutive year
Central still the world's priciest office market for fifth consecutive year
Occupancy costs run at $2,665.8 psf per annum.
Possibility of recession looms for Hong Kong: Finance Chief
Ongoing social unrest and the escalating trade tensions place downward pressure on economic growth.
Property sales crash 24.6% to $54b in July
Buyers remain hesitant to purchase property amidst an uncertain economic environment.
Year-end retail sales may fall by up to 8.1% as protests ravage Hong Kong
The sales decline may be even worse than the 2014 Occupy Movement.
How YouTrip is taking away the pain of overseas payment
The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.
Bill Gates-backed biotech in diagnostic push
PHASE Scientific's product portfolio has expanded to include major infectious diseases such as hepatitis and influenza.
ICW on digitising the supply chain
The firm works by connecting various international laboratories, making use of its big databases, artificial intelligence and team.
Restaurant receipts down 0.4% to $28.7m in Q2
Receipts of bars, Chinese restaurants and non-Chinese restaurants fell during the quarter.
Prudential ties up with telemedicine firm MyDoc to launch digital health app
Pulse will provide health tools and consultations for 11 markets in Asia.
PMI sinks to decade-low 43.8 in July
This is due to sharp declines in both business activity and new orders and fall in input stocks.
Retail sales fall 6.7% to $35.2b in June
Sales will likely be subdued due to the weak economic outlook and ongoing demonstrations.
Monthly gender pay gap widens to $6,500
On average, women are earning less despite making up half of the workforce.
GDP growth holds firm at 0.6% in Q2
This is due to weak performance of investments and low external demand.
Nano flats supply to surge 60% in the next two years: study
It will account for roughly 5% of the total new private housing supply in 2019.
Luxury retailers halt expansion plans as sales weaken
As a result, non-luxury retailers are moving on in core areas outside Central.
Grade-A office rents in Hong Kong Island up 1.2% in June
Tenants snapped up office spaces sized over 15,000 sqft.
Kai Tak site sold for $12.74b in cheapest land sale in three years
A joint venture led by Wheelock Properties and COLI bought the site.
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