In Focus

Retail sales up 12.1% in April but still below pre-COVID levels

The pause on inbound tourism continues to drag retail sales.

US label requirement on Hong Kong goods deemed “discriminatory”: Gov’t

In a letter, the Hong Kong government asked the WTO to consider its position.

Hong Kong workforce sees lowest pay hike since 2008: Survey

Salary increments this year only averaged +0.4%, according to JobsDB.

Government sees “significant” drop in Hong Kong jobless

The unemployment rate stood at 6.8% in March, down from the record of 7.2%.

Commercial property sales rise to US$1.4b as investment deals pick up

This is a 28% increase compared to the same quarter last year.

Hong Kong ranks third most preferred seat for cross-border disputes

This is a place higher compared to the previous global survey in 2018.

All is “not rosy” despite higher-than-expected economic growth

The 7.8% YOY GDP growth was above the 3.7% Bloomberg estimate, but it will take more than that to return Hong Kong to more prosperous times.

Retail outlook still challenged despite 20.1% rise in March sales

The value of total retail sales amounted to $27.6b during March of 2021.

Economy rebounds 7.8% after six quarters of contraction

The GDP growth during the first quarter was linked to Hong Kong's stronger external trade.

Government sees “strong GDP growth” in first quarter

This comes after Hong Kong’s economy contracted 6.1% over the course of 2020.

Find out which jobs to seize in the Greater Bay Area

KPMG has identified three major sectors that will create the most opportunities.

Things you need to follow for the HK-SG Air Travel Bubble

Hong Kong and Singapore have confirmed designated flights will begin on 26 May.

Worst is over? Hong Kong's jobless rate drops from 7.2% peak

Despite an uneven recovery, the unemployment rate will likely enter a sustained decline, OCBC has said.

Turbulent times ahead as SG-HK travel bubble delayed anew

The declaration of a travel corridor between the two cities has been delayed for the second time.