In Focus

Is now a good time to buy properties? 16% of Hongkongers think so

However, only a few are interested in buying a property.

More Chinese, HK next gens set up ventures outside of family businesses

PwC said 20% of Hong Kong NextGens have their own businesses.

More than 80% see sustainability as a core strategy of organisations

They also say that their leadership teams care about sustainability and climate change.

How do Hong Kong IT leaders fill skill shortages gap?

Around 3 in 5 are reskilling workers from similar industries.

How much recurring retirement income can Hongkongers get?

The ideal amount for Hongkongers is $21,287 per month.

44% of organisations see an increased need to retain older employees

Organisations are also providing employees additional support around retirement options.

Hong Kong drops to bottom in APAC well-being survey third year in a row

9 out of 10 Hong Kongers are stressed, Cigna Hong Kong reveals.

6 in 10 customers want restaurants  to use sustainable packaging for takeaway food

Nearly half of the restaurants, however, have yet to adopt suitable packaging.

Residential property prices to fall up to 10% lower in 2023: S&P

The office property market’s vacancy rate is also not expected to improve.

Over 65% of Hong Kongers struggle with work-life balance

This is thanks to unnecessary and excessive overtime, Randstad reported.

Cybersecurity is the top agenda in 6 in 10 boardroom discussions

The topic is discussed every quarter by almost half of the boards.

Value of total exports down 9.1% YoY in September

The value of exports declined to $401.6b in September 2022.

Government unveils strategies for land, housing

Strategies include the introduction of Light Public Housing.

Property market ends downcycle 

Real estate expert, Cathie Chung, said that the market will have a reset by 2023.

No spacious homes for Hong Kong’s poor anytime soon 

Home size adjustment will be unlikely in the city after the waiting time for public housing hit a record-high.

Aviation industry set for takeoff as key players drive innovation and growth

The HKIA told Hong Kong Business that it has projects like SKYCITY to support the aviation industry’s recovery.