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Singapore beats Hong Kong in global smart city rankings
Singapore beats Hong Kong in global smart city rankings
The SAR ranks 18th globally whilst the lion city is second only to London.
Ho Man Tin parking space sold for record-breaking $6m as garage values outstrip sky high home costs
The average parking space cost has ballooned more than six times since 2006.
Life annuity scheme unveiled for senior citizens
Men will receive a monthly payout of $5,800 whilst women get $5,300.
Heated property market defies cooling measures as property sales surge 17.1% in June
This translates to a total consideration of $80.8b.
Trade war could cut 1% of Hong Kong's GDP
Immediate damage would be felt by export-dependent economies like Hong Kong.
Reclamation and real estate revamp eyed to boost flat supply
The airport relocation enabled the redevelopment possibility of old Kowloon homes, said CE Lam.
How can Hong Kong banks reconcile third party data sharing with cybersecurity?
Banks need robust cyber resilience strategies to plug risks.
Hong Kong Business Management Excellence Awards 2018 opens for nomination
The deadline for nominations is on 24 August 2018.
Hong Kong may turn overseas to scout big data talent
Candidates familiar with open source programming languages are expected to be in hot demand.
The search is on for Asia's trailblazing export leaders in 2018
Nomination is open until 14 September 2018.
Hong Kong is amongst APAC's most transparent real estate markets
It ranks 3rd in APAC and 13th globally.
Government unveils 5 sites up for tender from July-September
The residential sites can yield 1,850 flats.
Retail sales up 12.9% to $40.5b in May
The retail boost comes from strong tourist arrivals in recent months.
Xiaomi raises $36.88b in IPO
The company reportedly priced the sale of 2.18 billion shares at $17 each.
Hang Seng Bank to use fintech in credit risk assessment by Q4
Fintech and big data will be used to evaluate loan applications.
Banks' bad loan ratio improves to 0.52% in 2017
Maintaining credit quality is no problem for the city’s top lenders.
Approved mortgage loans up 14.4% to $42.6b in May
However, the number of mortgage applications fell to 14,491.
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