In Focus
Office vacancies drop to lowest level in 20 years
Office vacancies drop to lowest level in 20 years
The economic slowdown hasn’t dampened demand for office space in Hong Kong.
Do retrenchments loom at global banks in Hong Kong?
Hong Kong saw more investment banking redundancies than Singapore, China, and Australia in the first quarter of 2012.
Shortage in senior executives drives salaries to new highs
Compensation for top-tier candidates in Asia Pacific might have risen by 15% to 25% a year for the past five years.
Retail rents reach a new high in Hong Kong
Demand for milk powder and safe products for infants hike up consumer purchases in the country.
Property price bubble threatens Hong Kong anew
Despite efforts to curb its growth, the property price bubble is again showing signs of strength.
Lots for private homes to be auctioned
The Lands Department said it will open tender invitations on April 27 for two residential lots with a combined size of more than 11,000 square metres.
Business confidence in Hong Kong is waning
Less than half of Hong Kong firms are reporting revenue growth, another symptom of the sagging confidence among the city’s businessmen.
Jones Lang LaSalle launches new online property search platform
U.S.-based real estate services firm Jones Lang LaSalle claims its new search platform is more user-friendly.
Hong Kong warehouse rent increase rate highest in the world
Limited supply plus booming demand is pushing warehouse rents in Hong Kong to new heights.
Hong Kong M&A activity reaches US$13b YTD
This is a 19% decline compared to the same period last year, where deal values totaled close to US$16 billion.
Hong Kong firms see better prospects overseas
Emerging markets are definitely Hong Kong’s cup of tea but China remains its favourite flavor.
Hong Kong office space still the world’s priciest
Nothing new here.
Scrapping of capital duty good for investments
Despite a considerable loss in revenue, Hong Kong moves forward with eliminating the tax in order to spur investments.
Credit card use spikes during the holidays
The total value of credit-card transactions in the fourth quarter of 2011 hit $117.2 billion.
The personal touch remains the best way to grow a business
Social networking may be fine but good old person-to-person contacts are even better.
Hong Kong employees work too hard
70% of Hong Kong's employees don't stop working--even at home.
Retail has a good fourth quarter
Tourism helped drive-up Hong Kong’s retail earnings during the fourth quarter of 2011.
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