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Neighbourhood shopping malls flourish in Hong Kong's tight spaces
Neighbourhood shopping malls flourish in Hong Kong's tight spaces
Investors have pooled $63b into the sector in the past decade.
Academy of Finance launched
It aims to nurture financial leadership and encourage monetary and financial research.
Retail sales down 1.3% to $40b in May
This was blamed on the late arrival of the Labour Day holidays on Mainland.
Hong Kong lenders shrug off virtual banking threat
Account fees, which were waived, represent only a negligible income source.
Over 5,400 flats up for grabs by H1 2019-20
Around 1,350 flats will be available in Kai Tak and Tuen Mun by Q3.
Hong Kong banks to scrap minimum balance fees
HSBC, BEA, StanChart, and Hang Seng did the move in anticipation of stiffer competition from virtual lenders.
Deliveroo launches same-day payment for riders
It allows riders to avail of their earnings at any time.
Expat living is cheaper in Singapore than Hong Kong: study
A cup of coffee in Singapore costs about $39.04, compared to a $54.66 cup of coffee in Hong Kong.
Grade-A office rents fell 1% to $160 psf in May
Most of the deals in Central were in the small or mid-scale level of below 15,000 sqft.
Home sales rose 4.9% in May to 8,208 units
One house at Mount Nicholson sold for $916m.
Retail sales slipped 4.5% in April
Sales of jewellery, watches and luxury goods sector fell 11.4%.
Inflation eases to 2.8% in May
The prices of electricity, gas and water fell.
Private sector vacancies up 4% to over 79,000 in March
Vacancies in transportation, storage, postal and courier services rose 18%.
FWD in talks to buy MetLife Hong Kong unit amidst acquisition spree: report
A deal could value MetLife Hong Kong at less than US$400m.
Hong Kong medical costs up 9.3% in 2018
The situation isn't any easier for Singapore where costs grew 10%.
Large firms at risk of losing 30% of female employees and managers: study
This could result in losses of US$500,000 per senior leader.
Hong Kong ranks as fourth costliest city for expats
A stronger HKD and higher price tags drove up its cost of living.
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