News
Retail sales up 4.1% to $44.9b in January
Retail sales up 4.1% to $44.9b in January
Consumer sentiment rose despite difference in the timing of the Chinese New Year.
Hong Kong opens up land bidding process but still lags on transparency
The government will provide data on all bids only after the winning transaction is sealed.
Government unveils 27 residential sites for sale
It can provide 15,200 flats.
Amazon-backed cancer detection firm mulls Hong Kong IPO
Grail boasts of a wide range of blockbuster investors including Tencent and Bill Gates.
It's now cheaper to switch to an e-car in Hong Kong
Car owners can choose to switch to an e-vehicle to enjoy $250,000 tax concession.
Nearly $20b earmarked for education upgrades
This will translate to more scholarships and new public school lifts.
Government earmarks $50b to power IT sector
Almost half ($20b) is reserved for the Hong Kong-Shenzen Innovation and Technology Park.
Ocean Park propelled by $30m government boost as Disneyland flounders
Finance Secretary Paul Chan pledged the financial assistance to boost the city's tourism.
Chinese energy investor ditches Li-Ka Shing office tower sale
New investors Hui Wing Mau and Pollyanna Chu Yuet Wah will take 20% and 17% stake to fill in the vacuum.
Mega transport projects accelerate Hong Kong's construction boom
It’s expected to grow 1.8% annually between 2018 and 2022.
Exports rose 18.1% to $350b in January
Significant trade increases were registered in Taiwan, the Mainland and Vietnam.
Hong Kong bosses prefer to upskill than hire to combat market disruption
31% aim to leverage the expertise of other businesses by partnering with digital agencies.
Nearly half of employees expect to ditch their jobs in 2018
49% have expressed dissatisfaction with their compensation package.
Secondary home sales up 21% to 1,725 in first half of February
This is partly due to stamp duty amendments encouraging home upgrades.
Hong Kong offers better jobs than Singapore, say expats
They also receive more competitive salaries at USD148,410 than Singapore expats at USD117,904.
Happiest place on earth no more: housing woes may hit Disney
Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.
Hang Seng Bank rolls out mobile security key to enhance e-banking services
It will replace the need for a physical security device.
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