In Focus
Only 3 in 10 organisations are ‘advanced’ in digital agility
With a lack of progress, Hong Kong retained its 5th rank in the Digital Agility Index.
Only 3 in 10 organisations are ‘advanced’ in digital agility
With a lack of progress, Hong Kong retained its 5th rank in the Digital Agility Index.
Hong Kong consumers are ‘moderately literate’ in insurance: study
But behavioural biases dragged the city's literacy score.
2 in 5 Gen Z workers would rather quit if no remote work option
More than three in 10 wouldn’t accept a job without remote work.
Sluggish global growth momentum drags Hong Kong’s export performance
The city’s total export dropped by 8.9% YoY in July.
How much is Hong Kong’s tech industry paying its employees?
There is an almost 100% pay jump from junior to senior roles.
A mid-life crisis: More than 1 in 2 middle-aged Hong Kongers unprepared for retirement
43% even said that they had to reduce retirement contributions since the COVID-19 pandemic.
Economy to contract by 0.7% in 2022: forecast
The GDP outlook got downgraded amidst a deteriorating external environment.
Local phishing websites up 524% QoQ in Q2
This translates to over 5,000 unique domains.
Close to 1 in 2 employees will quit a job preventing them from enjoying their lives
Hong Kongers are now placing more importance on their personal life over their work life.
What Hong Kong’s 3+4 means for inbound travellers
They are required to undergo a 3-day hotel quarantine and day medical surveillance.
Almost 90% of Hong Kongers want remote work
But only 45% have the option for remote working.
Over 30% of businesses struggle with talent shortage: CPA
This is holding back companies’ digital transformation strategies.
Deal-making for commercial real estate down 50% in Q2 22
The market’s transaction volume reached $18b (US$2.3b).
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
Commentary
LandsD 'area model' idea makes sense for the San Tin Technopole
Hong Kong’s tertiary education policy shift ignites co-living growth
Transforming Hong Kong into a climate tech powerhouse