Hong Kong

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%.

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.

ESR Cayman shelves what could have been Hong Kong's largest IPO in 2019

If the share sale pushed through, the firm would have raised an estimated $9.12b.

Tourist arrivals up 5.2% to 5.57 million in April

Mainland China visitors accounted for three-fourths of visitor arrivals.

Civil Service Bureau proposes 5.26% pay hike for lower income civil servants

The proposed adjustment took into account cost of living and pay claims, amongst others.

New virtual banking licenses spur demand for data jobs

The hottest roles will include data scientists, UI engineers, and full stack developers.

Retail sales volumes dipped 0.8% in March

Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.

Central's Grade A rents hold firm at $161 amidst 1.7% vacancy rate in April

Decentralisation also slowed due to a low availability of spaces over 20,000 sqft.

Hotel Alexandra set to open in 2020

The 840-room hotel draws aesthetic inspiration from Alice's Adventures in Wonderland.

The Asian Export Awards 2019 is now open for nominations

The search is on for the leading exporters in Asia.

Home sales hit 7-year high in May

Volumes rose by 49% YoY to 8,208 deals.