Hong Kong
Hong Kong eyes tax incentives for I&T sector
Hong Kong eyes tax incentives for I&T sector
It shall be announced in the October policy address.
Residential prices to grow by up to 5% in 2H17
The additional supply will not drag down home prices.
Retail rental market to bottom out in the second half of 2017
More realignments for retail stores are to be expected in the coming days.
More than half of Hong Kongers have over 10 days of annual leave left for this year
Their top five holiday travel destinations are Taipei, Osaka, Seoul, Bangkok, and Tokyo.
Supply of new private flats to hit 98,000 units in the next 4 years
Will it drag home prices down?
Luxury home sales worth at least $10m dropped 48.6%
Could it be because of the 14.8% home price surge?
Kowloon office rents to face downward pressure until end-2017
More leasing transactions will be concluded after the summer.
This entrepreneur is behind (AI)-enabled air conditioner accessory Ambi Climate
They recently launched its second edition in the market.
Cathay Pacific's passenger count dipped 0.2%
Whilst its capacity edged higher by 1.6%.
2017 GDP growth projections revised upward to 3-4%
Thanks to robust private consumption and investment.
Hong Kong's unemployment rate held still at 3.1%
Underemployment dipped to 1.1%.
Cathay Pacific just lost $2.1b in 1H17
No thanks to lower passenger count.
Mandatory Provident Fund plan to be finalised
It's planning to scrap the MPF offestting mechanism.
Cheung Sha Wan business site sold at $2.97b
Bonson Holdings bought the area.
Private home completions up 18% to 8,789 units in 1H17
Sales of small units are driving this growth.
Apple tightens online sales policy in Hong Kong
The company disallowed returns and exchanges of all products bought online.
Banks to have a 'very good' capital buffer for the next 12-18 months: Moody's
That is in response to the move towards more stringent regulatory requirements.
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