News

Some logistics operators have already pre-committed yet-to-be vacated warehouses due to the current high occupancy level.

Financial Secretary John Tsang said the government stands ready to implement new real-estate market measures when necessary. It also closely monitors the global financial market.

Cathay Pacific reports being badly hit by high fuel costs. Plans to reduce frequencies of several long-haul routes is already underway.

Financial Secretary John Tsang is in Taipei as head of a delegation that officiated at the opening of the Hong Kong Economic, Trade & Cultural Office.

It’s another move to grow a faltering economy by telling foreigners that Hong Kong is great for their businesses.

HSBC Holdings is in talks on a possible sale of its operations in Colombia, Paraguay, Peru and Uruguay as part of its global strategy to boost profitability and cut costs.

The recent crackdown on brokers pushing sub-standard IPOs heads in a parallel direction.

The Frank-Gehry designed building is comprised of double-level garden apartments and 6,000-6,900 sq ft apartments with panoramic views of the city.

Listing fees and income from sales of information were lower than expected, while operating cost rose by 20%.

Professional real estate services firm Jones Lang LaSalle said rents in top tier markets aren’t increasing.

Hong Kong’s largest promotional campaign in Japan will launch in Osaka beginning May 13.

Analyst says the economy’s sails have yet to pick up wind even as sufficient new business continues to support job creation.

The Lands Department has awarded tenders for two residential sites for a 50-year land grant at a total premium of $1.85 billion.

A website that steals the bank passwords of unwary users has claimed Hong Kong victims and must be avoided.

Hong Kong’s government expenditures and revenues for the year ending March 31 was $7 billion higher than the revised estimate.

Hong Kong will remain imperiled in 2012.