News
Chinese energy investor ditches Li-Ka Shing office tower sale
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.
Producer e-waste responsibility scheme rolls out this year
It shifts the burden of recycling of old and unwanted appliances to suppliers.
Office net take-up hits 209,900 sq ft in January
Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.
Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3
PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.
Government mulls imposing $350 levy on property recipients
If passed, the PMSA will collect start collecting from property transferees by July 1.
Small brokerages wield large influence over Hong Kong's markets
They’re even gunning for a permanent seat at the HKEX board.
Unemployment steady at 2.9% in November-January
This translates to 106,600 unemployed persons.
Inflation up 1.7% in January
The price of utilities like electricity, gas and water spiked significantly by 10.2%.
A quarter of graduates dissatisfied with their first job despite higher salaries
They believe they deserve more.
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