Hong Kong
Office net take-up hits 209,900 sq ft in January
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.
How will Hong Kong profit from a purpose-driven economy?
How do we make sure we have an education system that is welcoming for all? Hong Kong’s landfills will be out of space by 2020 – what will we do with all our rubbish? The population is rapidly ageing: do we have enough skilled workers in the pipeline? Hong Kong, like many major cities, has plenty of pressing social problems that need to be addressed.
Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3
PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.
Government mulls imposing $350 levy on property recipients
If passed, the PMSA will collect start collecting from property transferees by July 1.
Small brokerages wield large influence over Hong Kong's markets
They’re even gunning for a permanent seat at the HKEX board.
Unemployment steady at 2.9% in November-January
This translates to 106,600 unemployed persons.
Inflation up 1.7% in January
The price of utilities like electricity, gas and water spiked significantly by 10.2%.
A quarter of graduates dissatisfied with their first job despite higher salaries
They believe they deserve more.
Property transaction volume balloons 171% to US$7.4b in Q4
The office sector remains in hot demand with capital values rising 17.5%.
Workers rejoice: Nearly half of employers will raise wages in 2018
However, the increase will only range from 3 to 6%.
Nearly half of bosses urge greater private sector involvement in healthcare
They believe this can enhance services particularly for the elderly.
HKEX may appoint its first female chairperson in April
Laura Cha sits as a non-executive director at HSBC.
HKIA passenger traffic down to 6.13m in January
This comes as the Lunar New Year fell on February instead of the first month.
Hong Kong to eat Shenzen's dust by 2018
Slowing trade and high labour costs is dragging Hong Kong’s competitiveness.
3 in 5 executives laud government fintech initiatives
They belive it is key to maintain Hong Kong's financial dominance.
High-paying jobs open in cybersecurity and mobile development
Developers skilled in UI/UX/HTML/CSS can earn as much as $840,000 yearly.
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