Hong Kong
Think outside the computer
Think outside the computer
One CTO believes in making self-programming machines that have the capacity to learn from data.
Hong Kong banks to scrap minimum balance fees
HSBC, BEA, StanChart, and Hang Seng did the move in anticipation of stiffer competition from virtual lenders.
Deliveroo launches same-day payment for riders
It allows riders to avail of their earnings at any time.
Expat living is cheaper in Singapore than Hong Kong: study
A cup of coffee in Singapore costs about $39.04, compared to a $54.66 cup of coffee in Hong Kong.
Grade-A office rents fell 1% to $160 psf in May
Most of the deals in Central were in the small or mid-scale level of below 15,000 sqft.
Singapore overtakes Hong Kong as Asia-Pacific's top source for outbound capital in Q1
Cross-border capital in Hong Kong crashed 37% to US$11.14b.
Home sales rose 4.9% in May to 8,208 units
One house at Mount Nicholson sold for $916m.
Retail sales slipped 4.5% in April
Sales of jewellery, watches and luxury goods sector fell 11.4%.
Inflation eases to 2.8% in May
The prices of electricity, gas and water fell.
Private sector vacancies up 4% to over 79,000 in March
Vacancies in transportation, storage, postal and courier services rose 18%.
Getting around Hong Kong: public sector smart mobility for the future
A smart city vision can be at the center of Hong Kong enhancing its public sector mobility.
FWD in talks to buy MetLife Hong Kong unit amidst acquisition spree: report
A deal could value MetLife Hong Kong at less than US$400m.
Hong Kong medical costs up 9.3% in 2018
The situation isn't any easier for Singapore where costs grew 10%.
Patek Philippe to hold fifth exhibition in Singapore
It will run from 28 September to 13 October.
Hong Kong ranks as fourth costliest city for expats
A stronger HKD and higher price tags drove up its cost of living.
Home sales hit near-seven-year high in Q2
There were 10,128 sales and purchase agreements in April alone.
Mitigating business risks through cybersecurity
According to Hong Kong Police statistics, financial losses due to cybercrime reached $2.77b in 2018 in the territory, almost doubling the figure for 2017. As technology becomes more sophisticated and ubiquitous, cybercriminals’ skills and tools are evolving and cybersecurity experts are having to work harder to catch up.
Commentary
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