In Focus
Hotels and shops take heavy beating as protests reverberate across Hong Kong
Hotels and shops take heavy beating as protests reverberate across Hong Kong
In August alone, tourist arrivals plunged 40% in its sharpest decline since the 2003 SARS crisis.
Retail sales plunge 24.3% to $30.1b in October
Luxury items continued to lead declines with a 42.9% drop in sales value.
Exports fell 9.2% to $348.5b in October
The city recorded a trade deficit of $30.6b or 8.1% of imports.
Tech, real estate deals buck PE decline as Chinese deal appetite falls
Exits are becoming tougher and investors have no choice but hold onto assets as returns decline.
Retailers turn to experiential selling to combat sales slump
Brands are urged to enhance their own mobile platforms in an effort to sustain the connection with customers long after they have left the store.
Bank profits may take hit amidst protests
Asset quality will also weaken, according to analysts.
Commercial property sales crashed 57% in Q3
It might surpass 2016 as the worst year in terms of transaction volumes since 1997.
How bosses are rethinking worker wellness
Tobacco giant Philip Morris International offers a tailored employee wellness plan.
It's no fun to dummy bid the YWCA
A number of IT solutions providers and ten residential renovation contractors guilty of anti-competitive practices.
Accounting firms brace for IPO boom by hiking wages
Average annual remuneration packages in accounting stands at $817,000.
Neighbourhood malls and flex spaces prop up weakening property market
Lesser-known neighbourhood malls are cashing in from a more stable source of income and product mix.
TNG opens hub to nurture Hong Kong's fintech talent
Located at the heart of Hong Kong Island, the 25,800 sqft space aims to serve the thriving fintech community.
How power players are reducing reliance on coal
Through a joint venture, HK Electric and CLP Power are building an offshore LNG terminal as part of plans to import LNG for the first time.
Landlords offer rental cuts amidst worsening economy: report
Retail rents in prime areas could fall by as much as 10% in 2019.
Tech and finance jobs buck salary stagnation trend in Hong Kong
In-demand programmers and regulatory specialists can command a 30% raise.
Virtual bank data scientists are driving bank hiring
Employers are now looking for more data scientists and full stack developers for mobile and web applications that go beyond the traditional set of tech skills.
Can Hong Kong retain the global IPO crown as US rivals step up game?
The number of listings in Q1 fell short of last year’s record with only US$4.63b raised across 52 deals in May.
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