News

Around 9 in 10 households had internet access in 2021

Smartphones were the top device used to access the internet.
7 hours ago

Around 9 in 10 households had internet access in 2021

Smartphones were the top device used to access the internet.
7 hours ago

Hong Kong ranks 2nd in the world in play-to-earn gaming adoption

At least two in five Hong Kongers have used play-to-earn platforms.
1 day ago

How can SMEs benefit from HKPC's new digital portal

The portal will offer digital solutions and awareness.
1 day ago

Around 1 in 10 Hong Kongers show PTSD symptoms one year after COVID

Unemployment and time spent watching pandemic news were linked to the symptoms.
1 day ago

Bill strengthening Hong Kong’s cybersecurity underway

This comes amidst threats of cyberattacks on China.
1 day ago

Real estate investment in HK to reach HK$70b in 2022: report

This is an improvement compared to its 2019 and 2020 levels.
2 days ago

Hong Kong’s property investment growth steadies in H1

Investment activity picked up in Q2 after a slow Q1.
2 days ago

Hong Kong fintech krip launches deals, offers platform for credit card users

Users can access over 6,000 deals from 3,000 merchants.
2 days ago

Cathay Pacific now Asia’s first airline to pivot 10% SAF use by 2030

It sets its sights to buy over 350 million gallons of sustainable aviation fuels.
2 days ago

Commercial, residential properties worth $550m up for sale

The properties are up for public tender until 5 July at noon.
3 days ago

Hong Kong will see rise in demand for medical real estate—here's why

CBRE reported the need for an additional 1 million sq. ft. for medical centres.
3 days ago

Work-life balance beats salary as top employee demand

Over 6 in 10 workers want jobs with work-life balance.
4 days ago

More consumers say unmanned stores safer to visit

Reduced human interaction was a key safety benefit.

Unemployment rate rises to 5.4% from February to April

The total number of unemployed people stands at 206,100.   The unemployment rate rose by 0.4 percentage points to 5.4%  from February to April, when compared to the January to March period.    Based on the data from the Census & Statistics Department (C&SD), the total number of unemployed people from February to April was 206,100, an increase of 17,600 from the preceding three-month period.   Meanwhile, the number of unemployed rose by around 25,000 to 142,000, translating to a rate of 3.8%.   With the increase in the number of jobless and underemployed individuals, total employment dropped to 3,559,200, whilst the labour force fell to 3,765,300.   The deterioration of Hong Kong’s labour market however should see an improvement in the coming months, according to Secretary for Labour & Welfare, Dr Law Chi-kwong.   The receding local epidemic situation and progressive relaxation of social distancing measures, the new round of Consumption Voucher Scheme, and Other relief measures including the 2022 Employment Support Scheme should help drive improvement in the employment sentiment, said the C&SD.  

Grade A office vacancy rate remains flat at 9.4% in April

The unchanged rate was on the back of the completion of the new supply.

DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities

SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.