Hong Kong
Under pressure: 3 major worries that keep CEOs awake at night
Under pressure: 3 major worries that keep CEOs awake at night
Some CEOs have planned to resign from their post amidst mounting pressure.
Over 4,800 hotel units to be converted into homes
The TPB has received at least seven planning applications since 2020.
HK-operated businesses with parent companies located outside the city hit 8,978
Most companies operating in HK are from the Mainland.
Hong Kong’s construction prices remained steady: JLL
The average fit-out cost is US$130 per sqft.
Public feedback on FTA with Peru sought
Those interested may send feedback until 24 December.
Over 40 trades completed in first few weeks since Core Climate launch: HKEX
Core Climate is the market’s new global carbon marketplace.
What are the best expansion strategies for F&B operators?
CBRE said operators should consider two areas.
HK tops public transit index for affordable transport network: US report
The market has high station density and a strong rail network.
HK dips to 2nd place; US gets top spot in priciest retail destination report
New York’s Upper Fifth Avenue is top spot with $15,622 rent per square foot.
Non-industrial site in Kwun Tong sold for $296m
It was awarded to Topco (H.K.).
Hotel performance improves in first 8 months: Knight Frank
This is due to the rebound of tourist arrivals by 234% YoY.
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.
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