Hong Kong Business

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Salary raises drops 2.2% for second consecutive year
Salary raises drops 2.2% for second consecutive year
Property & Real Estate and Public, Civil and Social Services lead in salary increments.
Hong Kong completes 24 agreements with Kuwait
Hong Kong completes 24 agreements with Kuwait
The agreements cover economy and trade, investments, financial services, and more.
National security subsidiary laws now in effect
National security subsidiary laws now in effect
OSNS premises are now designated prohibited places.The Acting Chief Executive-in-Council has approved two pieces of subsidiary legislation under the Safeguarding National Security Ordinance (SNSO), which were gazetted and came into immediate effect on Wednesday.
Hong Kong makes up 6% of Asia’s green market cap
Hong Kong makes up 6% of Asia’s green market cap
Taiwan and China lead the green economy in Asia, with each representing 30%.
SME’s diffusion index decreases in April
SME’s diffusion index decreases in April
The diffusion index for most surveyed sectors dropped during the month.
Wego, HKTB partner to promote Hong Kong in MENA
Wego, HKTB partner to promote Hong Kong in MENA
The campaign comes amidst rising outbound travel from the MENA region, especially during peak holiday seasons.
CE Lee secures 35 agreements during Qatar visit
CE Lee secures 35 agreements during Qatar visit
These cover economic cooperation, investment, technology, and finance.

Exclusives

Retail The Z Label tests AI tools for products targeting Gen Z
The goal is to develop at least three tools into successful ventures.
Residential Property Retirement planning fuels market for home upgrades
Senior-focused remodellers could grow from fewer than 10 to hundreds in 10 years.
Residential Property Smoke-free public housing to cut health, repair costs
The savings can be channeled to other investments.
HR & Education Employers told to prep for cost of part-time work bill
The F&B, tourism, retail, and entertainment industries will be the most affected.
Tax cuts unlikely to lift Hong Kong home prices
They could boost sentiment and reinforce signs of a stabilising property market.
Relaxed commercial event rules may spur pop-ups, ease retail bust
Social interaction during events is the future of retail and mixed-use development.
HR & Education MBA admissions fall on tech mismatch
There have been more female and overseas applicants in Hong Kong.

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