In Focus

Ultra wealthy population in APAC to rise 33% in 2025

Ultra wealthy population in APAC to rise 33% in 2025

This is higher than the global average of 27% rise in ultra wealthy population.

In Focus

What the Big 4 say on Hong Kong's 2021/22 budget

Here’s how EY, Deloitte, PwC and KPMG weighed in on the increased stamp duty and more.

In Focus

Real estate sector flags worsening private housing supply

The government expects an annual average of 18,000 private residential units in the next five years, down from 19,600 last year.

In Focus

Higher demand for M&As ahead as accountants focus on survival

But firms have to be careful in their expansion strategies.

In Focus

Cloud tech plays key role in future of HK businesses: report

It has been implemented in 65.3% of local firms.

In Focus

More business closures, layoffs imminent after Lunar New Year: Chan

The finance secretary said the current situation is still severe.

In Focus

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.

In Focus

Amidst a crisis, Mox Bank sees boundless opportunities

The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.

In Focus

Auditing services hoist accounting firms as mergers tail off

Compliance work remains their strongest suit, but the way they do it drastically changed.

In Focus

Crisis speeds up online banking take-up twice fold

Lenders scramble to ramp up digital offerings amidst a new normal of remote banking.

In Focus

COVID-19 sped up digitalisation, innovation in Hong Kong: survey

Some businesses are confident that their business will soon recover.

In Focus

Office leasing, rents still on decline in Q3

Grade A CBD rents continued to dip by 5.1%.

In Focus

Hong Kong firms mull downsizing office space to save bottomlines

Companies with more than 500 staff are most likely to consider reducing space.

In Focus

GDP shrunk 8.1% in Q2

Total income earned by residents fell 7.5%.

In Focus

Home prices to drop 10% by end-2020

Property prices in The Harbourside are now 10.6% compared to January 2019.

In Focus

Investors hope for double-digit returns despite economic fallout

Hong Kong investors are predicting annual returns of 10.3% from their stock market investments.

In Focus

Hong Kong eases social distancing measures from 28 August

Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.

In Focus