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Private development projects to provide 15,600 flats
Private development projects to provide 15,600 flats
It’s exponentially higher than the annual average of 4,200 flats in the past decade.
Public housing supply still short of ten-year target by 43,000 units
The target for public housing supply is set at 280,000 units and subsidised-sale flats.
Battered retail sector may recover in 2018 but outlook remains negative: Fitch
Tourist arrivals are recovering after a two-year decline.
Hong Kong IPO proceeds fall 34% due to lack of mega listings
However, it snagged third spot globally in total funds raised with an expected $128.2b.
Residential prices may increase 5-8% in 2018
Housing supply will remain limited, driving upward pressure on prices.
Check out which industry hired the most people in September
A total of 13,700 people got a job in this sector.
Total goods exports up 4.4% in October
Thanks to an increase in both re-exports and domestic exports.
Hong Kong GDP may grow 2.8% in 2018
The domestic market continues to benefit from the global economic expansion.
Luxury home prices to rise 7% amidst strong Mainland China demand
Hong Kong is expected to post the largest price growth amongst major Asian urban markets.
Hong Kong exports to grow 6% next year: HKTDC
Prospects remain positive for semi-conductors and related components.
Community malls fare better than luxury counterparts amidst retail slump
Base rents for second tier malls rose compared to a decline in tier-one retailers.
HKIA passenger traffic up 10% to 5.94m in November
Traffic to and from Mainland China and Japan grew significantly.
Unemployment rate stable at 3% in September to November
The underemployment rate also remained unchanged at 1.1% over the same period.
Government to provide 1,600 flats by tender
They will be sold in the first quarter of 2018.
Almost half of employees unhappy with their careers
One in five say a pay hike will make them happier.
HKEX unveils plan to expand listing regime
Pre-profit biotech companies are amongst those who will benefit from the expansion.
6 in 10 executives bemoan insufficient IT capacities
They believe their IT teams aren't equipped to effectively achieve business goals.
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