News
Hong Kong has the second most diverse workforce in Asia with 12% foreign employees
Singapore is ranked as the most diverse.
Government to boost aviation finance
Air transport directly contributes some 2.5 to 3% of Hong Kong’s GDP.
Property sales jump 7.6% in February
A total of 5,615 deals for all building units were recorded.
Hong Kong office rents get costlier
Rents are now three times more expensive than those in Singapore.
Nearly 1 in 10 employers to cut permanent headcount this year
And 1 in 2 employers will maintain current staff levels.
Almost 4 in 5 employers concerned they don't have the right talent
Skills shortage is hampering business operations.
China-based developers snap up Ap Lei Chau residential site for $16.9b
This is the largest land transaction ever in Hong Kong.
Hong Kong CFOs to prioritise updating internal financial policies this year
They are also keen to adapting their business to new technologies.
Home prices up 0.62% in January
It marked a 10.8% YoY spike.
Strong HKD remains a key challenge for retailers
The RMB has fallen 12% against the HKD since Aug 2013.
Retail sales plummet to a 17-year low in 2016
But there are signs of stabilisation in some sectors.
Hong Kong's mortgage loans down 12.9% to $28.3b
Loans financing primary market transactions slump 16.9%.
Hong Kong ranks second as the most preferred destination for mainland investors
It trailed after the United States.
Hong Kong loses to Tokyo as the costliest business travel spot in Asia Pacific
Cost of 4-star hotel accommodation dropped 6%.
Are local developers losing their influence in Hong Kong's residential market?
Sites acquired by top 7 developers slumped 50% in five years.
Hong Kong exports slump 1.2% in January
While imports spiked 2.7%.
Read Here
Advertise
Sign Up
