Singapore

Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.

This translates to an additional 3,300 unemployed people.

The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.

It will account for roughly 5% of the total new private housing supply in 2019.

Total trade exports and imports decreased by 3.6% and 4.5% in H1.

Supply in core area remained tight as new prime spaces will only be out by 2023.

It is now home to Citibank and JPMorgan’s front offices, amongst others.

This could result in losses of US$500,000 per senior leader.

The firm plans to file a listing application in H2 2019.

This year’s crop of hottest startups includes Hong Kong’s first virtual insurer; a firm aiming to revolutionise the renovation industry and a Virtual Reality entertainment startup that offers an immersive gaming experience.

Both exports and imports of goods continued to see declines.

Average property price is at $9.69m or $16,400 per sqft.

Hong Kong moved from the 4th place last year to the top in 2019.

But 64% also claim to be satisfied about their salaries.

Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.

Leasing costs may rise at a slower pace compared to the previous year.