In Focus
What can drive Hong Kong's economic growth?
What can drive Hong Kong's economic growth?
JLL has identified eight drivers that will bring Hong Kong to “New Heights”.
Spot freight rates sail to record high of 7%, after Suez Canal blockage
The rates are expected to reach even greater heights in the near term.
What does it really cost expats to live in Hong Kong?
Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year.
High vacancy rates hinder office, retail rent recovery
Office rents will likely decline 5-10% over 2021, CBRE said.
SMEs in Hong Kong stayed “cautious” in March
Diffusions index in March dropped slightly to 44%.
What you need to know about the “vaccine bubble”
Social distancing measures will be eased amongst COVID-19 vaccine recipients.
IPO funds rose eight-fold in the first quarter
The 32 new listings in the first quarter, raised some $132.8b in IPO funds.
Firms expect salary stagnation to persist this year
More Hong Kong firms will likely freeze pay this year, compared to 2020, Hays has reported.
Jobs in life sciences sought after in 2021
Randstad has released a list of the most in-demand jobs in the healthcare field in Hong Kong.
Property market outlook hangs on global vaccine rollout
This, however, will still depend on local consumption behaviour, according to OCBC Research.
Mainland China's economic growth seen to boost Hong Kong trade
The tension between China and the United States, however, may pose threats.
Border reopening hinges on vaccine confidence
More than 5% of the Hong Kong population have been vaccinated since February.
Small business confidence crashes to record low: survey
Only 21% of respondents expect their business to grow this year.
High unemployment may persist if local infections resurge
The OCBC Treasure Research sees jobless rate to stand between 7%-8% in the first half of the year.
Workforce puts importance on upskilling, work-life balance: study
This comes as Hong Kong faces ‘new normal’ and uncertainty in 2021.
Hong Kong poised to recover
But it will take time, the HSBC Global Research says.
Vaccination programme may ease labour market pressure: gov't
This comes as the jobless rate in Hong Kong rises to a new high.
Commentary
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