Singapore
Causeway Bay remains the world's most expensive shopping street in 2019
Causeway Bay remains the world's most expensive shopping street in 2019
Rents in Russell Street can go as high as $2,745 psf per year.
F&B sector's jobless rate hit six-year high in Q3
Unemployment levels in consumption and tourism-related segments were at the highest in two years.
Hong Kong fintech YouTrip obtains principal license from Mastercard
This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.
Four mobile networks buy 5G spectrum for $1b
It will take effect on April 2020.
Property sales down for fourth straight month in September
Sale and purchase agreements dropped to 4,090 transactions.
Nearly 2 in 5 fintech employees switched jobs over the year
Consequently, talent acquisition is a challenge for 2 in 3 fintech firms.
Government rejects all bids for Kai Tak site
This is the sixth tender exercise for government land sales to be cancelled since 2014.
Vacancy tax may hit luxury property market hard: JLL
Developers may favour building mass residential units over posh homes.
Hong Kong still the world's third best financial centre
It has the top investment management sector worldwide.
Hongkongers need to spend 10.8 days of income to afford the latest iPhone in 2019: report
This is based on the official price of iPhone 11 Pro 64GB and monthly salary.
HKEX inks sign fintech MOU with Ping An
The deal aims to build Hong Kong’s capital market ecosystems.
Total port cargo rose 4.8% to 69.3 million tonnes in Q2
Tonnage of outward port cargo to Macao skyrocketed 79.2%.
Kowloon properties up for auction with $2.14b reserve price
Total site area is at 19,725 sqft.
HKMC unit launches relief measure for SME borrowers
Only interest payments have to be made during the moratorium.
Singapore stands tall as beacon for rattled Hong Kong businesses
There is no secret of the tumultuous times in Hong Kong right now. Almost one third of the Hong Kong population has protested in the streets, fighting against the proposed Chinese extradition bill.
Central office vacancy rate hits three-year high of 2.6% in July
The occupier market contracted to 56,100 sqft due to subdued leasing demand.
Hong Kong inflation remains unchanged at 3.3% in July
Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.
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Commentary
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