Hong Kong
Hong Kong’s Mox Bank appoints Barbaros Uygun as new CEO
Hong Kong’s Mox Bank appoints Barbaros Uygun as new CEO
Uygun previously served as CEO of ING Bank Austria.
Could vaccine passports move the economic needle?
Some reflection is perhaps in order as we approach the second anniversary of COVID-19’s initial outbreak.
Flexible office space offsets corporate downsizing: JLL
Leasing momentum in the retail market continues to improve in August 2021.
11,700 Hong Kongers lose their jobs mid-year
Total employment in the private sector decreased by 0.4%.
COSCO to acquire 35% stake in German terminal
Tollerort port terminal is located in the Port of Hamburg, Germany.
August inflation up by 1.6%
The inflation rate is at 1.2%.
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Cathay Pacific reaffirms 10% SAF use by 2030
It highlights the importance of SAF as it works towards net-zero by 2050.
Cathay Pacific air traffic rockets by 278.4%
This is 95.3% lower than pre-pandemic levels in August 2019.
HK GDP increases by 7.6% in Q2 2021
This is an 8% increase from the first quarter of 2021.
Sunrise secures HKB award for Air Lab project
Since its launch, the pioneer Air Labs marked a milestone in the mass testing campaign in Hong Kong.
Baxter Healthcare’s Transformative Product Innovation Evolves the Healthcare Ecosystem
These were developed to extend aid to Hong Kong healthcare providers.
Credit card circulation decrease by 1.5% in Q2
Payment card usage increased by 18.8% QoQ in Q2 2021.
SVF transactions up by 0.8% in Q2
Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.
Decline in expats drags luxury residential market
However, the rise in local demand softened the blow.
Marketing Briefing: 'Go-local' trend rises as pandemic drags on
41% of Hong Kong consumers support local businesses.
HK total retail sales to reach $360b in 2021: PwC
Retailers are embracing new consumer behaviour in the age of "bricks and clicks."
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