In Focus

Spot freight rates sail to record high of 7%, after Suez Canal blockage
20 Apr 21
The rates are expected to reach even greater heights in the near term.
Savings, investment-linked insurance products boom amidst low rates
18 Apr 21
Hong Kong Business' annual insurance rankings reveal that the city’s top insurers yielded $688b in terms of assets in 2019....
What does it really cost expats to live in Hong Kong?
15 Apr 21
Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year....
High vacancy rates hinder office, retail rent recovery
14 Apr 21
Office rents will likely decline 5-10% over 2021, CBRE said.
SMEs in Hong Kong stayed “cautious” in March
13 Apr 21
Diffusions index in March dropped slightly to 44%.
What you need to know about the “vaccine bubble”
13 Apr 21
Social distancing measures will be eased amongst COVID-19 vaccine recipients.
IPO funds rose eight-fold in the first quarter
8 Apr 21
The 32 new listings in the first quarter, raised some $132.8b in IPO funds.
Firms expect salary stagnation to persist this year
7 Apr 21
More Hong Kong firms will likely freeze pay this year, compared to 2020, Hays has reported.
Jobs in life sciences sought after in 2021
1 Apr 21
Randstad has released a list of the most in-demand jobs in the healthcare field in Hong Kong.
Property market outlook hangs on global vaccine rollout
29 Mar 21
This, however, will still depend on local consumption behaviour, according to OCBC Research.
Mainland China's economic growth seen to boost Hong Kong trade
25 Mar 21
The tension between China and the United States, however, may pose threats.
Border reopening hinges on vaccine confidence
24 Mar 21
More than 5% of the Hong Kong population have been vaccinated since February.
Small business confidence crashes to record low: survey
23 Mar 21
Only 21% of respondents expect their business to grow this year.
High unemployment may persist if local infections resurge
22 Mar 21
The OCBC Treasure Research sees jobless rate to stand between 7%-8% in the first half of the year.
Workforce puts importance on upskilling, work-life balance: study
21 Mar 21
This comes as Hong Kong faces ‘new normal’ and uncertainty in 2021.
Hong Kong poised to recover
18 Mar 21
But it will take time, the HSBC Global Research says.
Vaccination programme may ease labour market pressure: gov't
17 Mar 21
This comes as the jobless rate in Hong Kong rises to a new high.
Hongkong Land recovers with China project completions: report
16 Mar 21
Unrecognised sales in China increased by 39% as of end-2020.
Cathay Pacific passenger traffic dropped in February
15 Mar 21
Average number of passengers per day in March expected to hit below 600.
Cathay Pacific suffers $21.6b loss amidst pandemic
11 Mar 21
Recovery remains uncertain as the aviation sector sees return of global passenger traffic to normal level in 2024.
SFC, Police bust alleged ramp and dump scheme
8 Mar 21
Twelve members of a suspected syndicate were arrested in the joint operation.
Number of women in senior leadership roles increasing: report
8 Mar 21
But Asia Pacific trails behind other regions.
Cross-border travel unlikely in next six months: HKTB
4 Mar 21
The pandemic situation remains volatile despite the vaccination programme.
Ultra wealthy population in APAC to rise 33% in 2025
2 Mar 21
This is higher than the global average of 27% rise in ultra wealthy population.
What the Big 4 say on Hong Kong's 2021/22 budget
1 Mar 21
Here’s how EY, Deloitte, PwC and KPMG weighed in on the increased stamp duty and more.
Real estate sector flags worsening private housing supply
26 Feb 21
The government expects an annual average of 18,000 private residential units in the next five years, down from 19,600 last year.
Marketing briefing: ‘MeWe migration' affects marketers amidst privacy concerns
23 Feb 21
MeWe has gained popularity in Hong Kong since late 2020.
What the big consulting firms expect in the 2021 budget speech?
23 Feb 21
COVID-19 measures and tax rationalization lead firms’ proposals for Hong Kong’s 2021 spending plan.
Higher demand for M&As ahead as accountants focus on survival
22 Feb 21
But firms have to be careful in their expansion strategies.
Cloud tech plays key role in future of HK businesses: report
17 Feb 21
It has been implemented in 65.3% of local firms.
Consumers to go for ‘more immersive' retail experience
4 Feb 21
This is amidst gradual recovery for the retail sector in 2021.
Increased competition from Chinese law firms imminent
1 Feb 21
Some Hong Kong firms are starting to form associations with their Chinese counterparts.
Hong Kong's economic recovery or recession in 2021 hinges on border reopening
29 Jan 21
Its budget deficit already makes up 11% of the GDP, but more stimulus is still needed to keep businesses afloat.
Hong Kong's ‘zero case' stance may delay opening borders past 2022
21 Jan 21
Continued travel ban may have a significant impact on the country’s GDP.
More business closures, layoffs imminent after Lunar New Year: Chan
19 Jan 21
The finance secretary said the current situation is still severe.
Legal Briefing: Higher fines set for health and safety offenders
12 Jan 21
New fines may stifle small businesses, court watchers have warned.
Retail sales decline narrowed in November
6 Jan 21
Sales of department store commodities showed biggest fall.
Commercial property market price corrections ‘less severe' in 2021: report
11 Dec 20
Leasing demand remains subdued with -2.5 million square feet net absorption.
Hong Kong PMI rises by 0.3 point in November
4 Dec 20
The November PMI stands as the highest reading since March 2018.
Retail sales decline slows to 8.8% in October
1 Dec 20
But sales may deteriorate again after Hong Kong registers fourth wave of COVID cases.

Events

Sign Up For Newsletter

 

Follow Us