Hong Kong
Singapore beats Hong Kong in Asia's open banking readiness rankings
Singapore beats Hong Kong in Asia's open banking readiness rankings
The SAR still needs to work on extending APIs for banking needs.
Singapore's luxury home market dislodges weakening Hong Kong in Q3
Posh home prices in Singapore rose 13% whilst Hong Kong’s ground to a halt at 5.5%.
One-way permit scheme beefed up workforce by 700,000 employees
Around 400,000 workers came via the scheme whilst 300,000 were the migrating Mainland spouses.
Middle-level managerial salaries up 1.2% in June
Those in the building and construction segment had the largest salary gains.
New home sales crash to 16-month low at $11.2b in October
The dismal take-up comes after banks hiked lending rates.
Hong Kong beefs up e-wallet identity verification
Enhanced security features include two-factor authentication process.
Mercedes-Benz unveils new AMG G-Class
The driving characteristics of the Mercedes-AMG G 63 can be individualised with the touch of a finger.
Negative equity looms as property market weakens
The value of small flats have crashed by as much as 20%.
Hong Kong seals wine deal with Bordeaux
It aims to cement the city’s role as the region’s leading wine centre.
Typhoon Mangkhut rains on HKIA's parade as September aviation figues take hit
There were no flight movement for over 20 hours.
Hong Kong inks education pact with Myanmar
A Belt & Road scholarship for Myanmar citizens will also be offered.
Hotels get pricier as high-speed rail delivers more business
The low supply of hotel rooms will push prices up.
Hong Kong suspends e-wallet top-ups amidst fraud reports in blow to Smart Banking push
Customers were hit by a combined loss of $180,000.
Patek Philippe unveils self-winding wristwatch for the modern woman
The Twenty~4 Automatic comes in stainless stel or rose gold.
Wanchai office market continues to outperform Central in September
It led the sector in terms of rental growth for three straight months.
Hackers hit Cathay Pacific as data on 9.4 million passengers breached
Around 860,000 passport numbers and 245,000 identity cards numbers were accessed.
HSBC Hong Kong launches fund transfer service with Lu International partnership
It cuts transfer time from 1-3 days to within the same day.
Commentary
Hidden licensing hurdles affecting Hong Kong’s biotech ambitions
Strategic location tips for playgroups and education centres