News
Unemployment rate flat at 2.8% in July-September
Unemployment rate flat at 2.8% in July-September
This translates to 117,800 unemployed persons.
Smart ID cards to be rolled out by December 27
Law enforcement and government officials will receive their IDs first.
Hong Kong's data centre dreams hit by crippling land shortage
China might emerge as an attractive alternative to the costly SAR.
Fitting out an office is cheaper in Hong Kong than Singapore
The Lion City’s average fit out costs are $100 psf versus the SAR’s $94.
Hong Kong hunts for top-level finance honchos amidst regulatory reforms
Companies are looking for VP, CFO and finance heads in past months.
Cybercriminals hit prosperous Hong Kong banks
There are already eight cases of fraudulent bank websites in October YTD.
Home Ownership Scheme 2018 oversubscribed as citizens scramble for affordable housing
There are around 57 applicants competing for one flat.
Hong Kong trails behind Singapore in economic competitiveness
The SAR needs to work on its innovation capabilities.
Hong Kong makes huge headway in realising smart banking ambitions
It launched a real-time fund transfer system, open API guidelines, virtual banks authorisation in 2018 alone.
Nearly half of consumers set to join Black Friday shopping craze
Hong Kongers are expected to spend an average of $825.
Retail investors cash in on Hong Kong's severe market rout
Investors trading callable bull/bear contracts made about $480m in profits.
Local lenders jostle for market share as Chinese banks encroach into home turf
Mainland-owned banks accounted for 38% of system assets and deposits by 2017.
Government unveils guidelines for solar power installation
It aids in understanding related Feed-in Tariff application procedures.
Hong Kong rolls out district-based clinics as overcrowding intensifies
The first clinic will be located in Kwai Tsing.
Tesla beefs up Hong Kong foothold with Kowloon charging hub
The 50-stall Destination Charging facility can provide full charges within a few hours.
Hong Kong $33.7b border project pushed back to 2019 as troubled contractor flounders
Leighton has been suspended over construction issues in a separate project.
SFC laments underperforming bank IPO sponsors
It is enhancing sponsor standards in order to reclaim the global IPO crown.
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