In Focus
Pay cuts, salary stagnation await workers in post-pandemic workplace
Pay cuts, salary stagnation await workers in post-pandemic workplace
Salary hikes will be few and far, but it’s not all doom and gloom as companies transition to the new normal.
Amidst a crisis, Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Auditing services hoist accounting firms as mergers tail off
Compliance work remains their strongest suit, but the way they do it drastically changed.
Crisis speeds up online banking take-up twice fold
Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.
COVID-19 sped up digitalisation, innovation in Hong Kong: survey
Some businesses are confident that their business will soon recover.
Office leasing, rents still on decline in Q3
Grade A CBD rents continued to dip by 5.1%.
Hong Kong firms mull downsizing office space to save bottomlines
Companies with more than 500 staff are most likely to consider reducing space.
GDP shrunk 8.1% in Q2
Total income earned by residents fell 7.5%.
Home prices to drop 10% by end-2020
Property prices in The Harbourside are now 10.6% compared to January 2019.
Investors hope for double-digit returns despite economic fallout
Hong Kong investors are predicting annual returns of 10.3% from their stock market investments.
Hong Kong eases social distancing measures from 28 August
Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.
GDP shrinks 9% in Q2
Private consumption expenditure fell 14.2% during the period.
Chinese renewable firms move away from Hong Kong bourse
Relisting in China could allow a better mix of debt and equity funding.
PMI further contracted to 44.5 in July: IHS Markit
New orders, input prices and business confidence deteriorated at a quicker rate.
Debates arise on security law's effects on Hong Kong finance sector
Is there really a capital exodus from Hong Kong to Singapore?
Meet ZA Bank, Hong Kong's first virtual-only lender
The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.
Employers weigh in options in facing the “new normal”
Staggered return and split teams may not be enough to squash their employees’ concerns.
Commentary
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