Hong Kong

HK unemployment rate steady at 3%

The underemployment also remained at 1.2%.
13 hours ago

HK unemployment rate steady at 3%

The underemployment also remained at 1.2%.
13 hours ago

Lands Department sells Sha Tin non-industrial site for $619m

This was awarded on a 50-year grant.
14 hours ago

ZA Bank rolls out reserve banking services to stablecoin issuers

It has on boarded RD InnoTech and is onboarding 10 other issuers.
15 hours ago

Standard Chartered bolsters private banking team in Hong Kong

Two managing directors and three executive directors are joining the team.
1 day ago

Hong Kong’s ZA Bank welcomes planned stablecoin regulatory regime

The bank surpassed $1b in transfer turnover from Web3 clients in 2023.
1 day ago

University of Hong Kong adopts AI-driven reconstructive surgery

The procedure utilises a platform powered by a large multimodal model for medicine.
1 day ago

Industrial leasing stable with renewals amidst PMI dip

Leasing renewals and site relocations to drive future market growth.
1 day ago

Hong Kong residential prices may fall up to 10% in 2024

The market already saw a 1.7% decline in the first five months of the year.
1 day ago

High street rents to outperform non-core retail rents

Rents rose 1.0% QoQ and 7.4% YoY in Q2.
1 day ago

Hong Kong ranks 46th globally for work-life balance

In Asia, it ranked thirteenth. 
1 day ago

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.
1 day ago

FundPark, HKECIC bare pioneering effort for insured growth for SMEs

Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
1 day ago

Transaction volume in property investment market to reach $20b in H2: Colliers

This will bring total volume to $30b, down 19% YoY.
2 days ago

5 in 10 Hong Kong employees struggle financially: report

Over a quarter of employees are living paycheck to paycheck.
2 days ago

Thailand extends visa-free period for Hong Kong passport holders

It is expected to strengthen tourism, cultural, and economic ties between Hong Kong and Thailand.
2 days ago