, Hong Kong

Only 2 in 10 Hong Kong bosses expect business conditions to improve

Will the domestic outlook remain weak?

According to Michael Page's Hong Kong Employment Index Report,  54% of Hong Kong employers expect domestic business conditions will remain stable in the first half of 2013, and a further 12% expecting them to improve.

These results represent a decrease in business confidence levels when compared to survey findings from Q2 2012, when 21% of respondents expected business conditions would improve over coming months. 

In terms of business confidence levels in Hong Kong, most respondents (55%) consider the current business environment to be satisfactory, while a further 32% view it to be weak. 

With regards to key business concerns, the vast majority of employers surveyed (52%) regard the achievement of business goals within allocated budget as the key challenge facing their business over the first half of 2013. This reflects the desire of employers to continue driving their business forward in the steady business environment despite budgetary constraints.

Join Hong Kong Business community

Some employers are also concerned around wages growth and CPI increases (16%), the global economic outlook (16%), staying ahead of competitors (12%), and people management and engagement (4%). 

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Commercial floors at 382 Lockhart Road up for sale
The indicative price is set at $398M, or approximately $8,405 per square foot.
Hong Kong logistics rental softens in H1
Tenants’ adjustment and tariff risks dragged rental prices and activities.
HKMA fines three banks for violating anti-money laundering policies
HKMA ordered fines and formulation of remedial measures.The Hong Kong Monetary Authority (HKMA) has conducted disciplinary action against Indian Overseas Bank, Hong Kong Branch (IOBHK), Bank of Communications (Hong Kong) Limited (BCOM(HK)), and Bank of Communications Co., Ltd., Hong Kong Branch (BCOM) for violating the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) (AMLO) on 22 July.