Hong Kong
Nearly $20b earmarked for education upgrades
Nearly $20b earmarked for education upgrades
This will translate to more scholarships and new public school lifts.
Government earmarks $50b to power IT sector
Almost half ($20b) is reserved for the Hong Kong-Shenzen Innovation and Technology Park.
Ocean Park propelled by $30m government boost as Disneyland flounders
Finance Secretary Paul Chan pledged the financial assistance to boost the city's tourism.
Chinese energy investor ditches Li-Ka Shing office tower sale
New investors Hui Wing Mau and Pollyanna Chu Yuet Wah will take 20% and 17% stake to fill in the vacuum.
Hong Kong loans grew 16% in 2017 amidst soaring property prices
It posts one of the largest loan growth in Asia, easily beating Singapore, Thailand, Indonesia and Malaysia.
Mega transport projects accelerate Hong Kong's construction boom
It’s expected to grow 1.8% annually between 2018 and 2022.
Hong Kong inks fintech cooperation with Switzerland
It lays out a bilateral mechanism for companies entering one another’s markets.
Exports rose 18.1% to $350b in January
Significant trade increases were registered in Taiwan, the Mainland and Vietnam.
Hong Kong bosses prefer to upskill than hire to combat market disruption
31% aim to leverage the expertise of other businesses by partnering with digital agencies.
Nearly half of employees expect to ditch their jobs in 2018
49% have expressed dissatisfaction with their compensation package.
Secondary home sales up 21% to 1,725 in first half of February
This is partly due to stamp duty amendments encouraging home upgrades.
Hong Kong offers better jobs than Singapore, say expats
They also receive more competitive salaries at USD148,410 than Singapore expats at USD117,904.
Happiest place on earth no more: housing woes may hit Disney
Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.
Hang Seng Bank rolls out mobile security key to enhance e-banking services
It will replace the need for a physical security device.
Producer e-waste responsibility scheme rolls out this year
It shifts the burden of recycling of old and unwanted appliances to suppliers.
Office net take-up hits 209,900 sq ft in January
Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.
20 building plans approved in December
Of that figure, 9 were for apartment and commercial developments.
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Strategic location tips for playgroups and education centres