In Focus
A mid-life crisis: More than 1 in 2 middle-aged Hong Kongers unprepared for retirement
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.
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
Top 5 institutions where business and commerce majors want to work
The Hong Kong SAR government is one of the five.
Hotel investments in HK swells 70.5% in H122
The market reported $3.9b (US$504m) total sales volume.
Want to get hired? Internship experience is key: research
About 90% of employers also say value internship experience more than educational background.
Read Here
Advertise
Sign Up
Commentary
How companies can use the new cybersecurity bill to their advantage