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7 in 10 Hong Kongers prioritise travel over meals out and beauty treatments
7 in 10 Hong Kongers prioritise travel over meals out and beauty treatments
A fourth of the respondents are willing to give up these luxuries to set foot in European cities.
HKEX unveils plans to boost bourse's market infrastructure
The new securities trading system, which will launch in February, can support 60,000 transactions per second.
Construction contract in Kai Tak West signed for $6.24b
It will build an underwater tunnel in Kowloon Bay to slash travelling time during peak hours.
Prime office rents in Admiralty up 10.9% in December
Rents cost $112.1 psf beating Central to post the largest annual change in office submarkets.
Inflation up 1.7% in December
Blame high prices of fresh vegetables and take away meals.
IMF backs Hong Kong's property cooling approach
However, it notes that the Buyer and the Ad-Valorem Stamp Duty should be replaced.
Home sales down 6.3% to 5,337 in December
However, the luxury sector remained active thanks to the traditional year-end bonus distribution.
Hong Kong is the least affordable housing market for eighth time in a row
It’s the only Asian city on the top ten.
Business confidence hits 13% in Q1 amidst expectation of higher output volume
The battered retail sector is expecting better days with the start of the new financial year.
Vacancy rate for Grade-A offices up to 5.1% in December
However, vacancy tightened in highly-sought after Central and Hong Kong East.
How will the proposed two-tiered profits tax regime boost the operations of small enterprises?
The Profits Tax Bill will be formally introduced to the Legislative Council on January 10.
Hong Kong aims for stricter regulation of listed firms' auditors
The move aims to bring the region’s auditory regulatory regime in line with international standards.
Here's why rate hikes are unlikely to shake Hong Kong's heated property market
Bloomberg reports that abundant liquidity acts a shield amongst other buffers.
Hong Kong beats Singapore in employment performance survey
Jobs in Hong Kong were up 78% and number of job seekers rose 56% YoY.
Home price growth to slow amidst rising supply and borrowing costs
As the Fed is expected to hike rates in 2018, mortgage costs may also rise.
HKIA passenger volume up 3.3% to 72.9 million passengers in 2017
The airport has also handled over 5 million tonnes of cargo and airmail in the previous year.
Unemployment dips to 2.9% in October-December
It’s the first time the unemployment rate dropped below 3% mark in almost twenty years.
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