Hong Kong
Hotel sector recovery will be slow: Knight Frank
Hotel sector recovery will be slow: Knight Frank
The market’s tourism industry is seen to remain weak in the short term.
Feedback on enhancements on aircraft leasing preferential tax regime sought
The government proposed five changes to the regime.
Is now a good time to buy properties? 16% of Hongkongers think so
However, only a few are interested in buying a property.
Citi names new execs for 3 divisions
The new senior hires will take over their posts immediately.
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
The increase in September 2022 was at 4.4%.
Citi, Zurich Insurance launch customizable insurance proposition
Demand for insurance sold online almost doubled in September, the insurer said.
Lands Department launches tender for Stanley site
The site has a maximum gross floor area of 44,615 sq m.
Self-storage operators lift industrial investment in October
Amongst these operators is Storhub.
Self-storage operators lift industrial investment in October
Amongst these operators is Storhub.
Retail spaces in non-core areas continue to pull investments
The retail podium at Coo Residences in Tuen Mun was sold for $450m.
Residential transaction volume drops in October amidst wondering economy
Units sold in the primary and secondary markets were at 672 and 2,476, respectively.
Office net effective rents drop 0.6% MoM in October
Across submarkets, Central posted the largest drop in rents.
Joblessness drops to 3.8% between August and October
The total number of unemployed people stands at 147,400.
Driving the future of Hong Kong's businesses with hyper-automation
Automation carves out new avenues to achieve new business outcomes that would otherwise not be possible. It is safe to say that the disruption caused by automation will continue to have a significant impact across industries. As Hong Kong strives to develop its digital economy, intelligent connectivity will be crucial to solidifying its position as a regional financial and economic hub.
HK, Peru to kick start free trade pact negotiations on January 2023
The first round of talks will cover subjects such as trade in goods.
Gov’t seeks to lure more high-quality maritime firms
Chief Executive John Lee wants to develop more vibrant maritime services.
Kwai Chung site sold for $1.1b to CITIC Pacific subsidiary
It was awarded on a 50-year land grant.
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