Hong Kong
Public rental housing supply pegged at 34,800 for 2018-19
Public rental housing supply pegged at 34,800 for 2018-19
Of this number, 23,100 new flats and 11,700 refurbished flats will be available.
China Renaissance reportedly guns for US$800m in Hong Kong IPO
The investment bank is aiming for a valuation between US$4b to US$5b.
F&B sector remains hardest hit by private sector vacancies in March
There were a total of 12,030 vacancies.
1 week left to nominate for the Listed Companies Awards, International Business Awards and National Business Awards
Entries will be judged by representatives from the city's top accounting firms.
Hong Kong is 6th safest city in the world
It climbed from 14th place in 2017.
Central is the world's priciest prime office market for third straight year
Occupancy costs per sqft are higher than London and New York at $2,505.
13 building plans approved in April
Apartment and commercial developments dominated monthly construction plans.
Inflation extends steep climb after rising 2.1% in May
Prices for food and basic utilities rose steeply at 4.7% and 3.4%.
Hong Kong firms may shell out extra $40,539 per skilled worker to avoid losing talent
Workers are more inclined to stay amidst hefty paychecks.
Flexible workspaces represent 1.2% of Hong Kong's office space
This marks one of the least penetration rates in APAC.
BOC (Hong Kong) to beef up private banking business by at least 20%
Given enough available talent, the bank aims to double the number of its relationship managers.
Government caps import and export declaration charge at $200
The move can save as much as $458m annually.
Xiaomi lays down terms for blockbuster IPO
The smartphone maker is said to offer 2.18 billion shares at $17 to $22 apiece.
Hong Kong wide open to a financial crisis over the next three years
Worsening credit-to-GDP gaps are putting the city in danger territory.
Half of exporters remain bullish despite trade tensions
They believe US-China trade tensions will have little to no impact on export activity.
Hang Seng Bank onboards SWIFT platform for faster cross-border payments
Payments can be credited within minutes.
Hong Kong can expect at least 15 more blockbuster IPOs in second half of the year
Around 10 unicorns or startups valued over US$1b are expected to debut in the city.
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