Staff Reporter
Grade A office vacancy rates up 13.7% in July
Grade A office vacancy rates up 13.7% in July
Rents across the market recorded slight declines.
Consumer prices rise 2.5% YoY in July, accelerating from June’s increase
In June, prices rose by 1.5% YoY.
Cathay Pacific emerges as the most talked-about airline in mainstream media
About 2,900 articles were written about the airline.
Gov’t approves 12 building plans in June
The approved plans are for residential, commercial, and industrial developments.
Futu bags $1.2b net income in Q2 2024
Earnings per share stood at 1.08 Hong Kong cents.
Hong Kong warns consumers on toilet roll brands that may clog drains
Four toilet paper brands were found to have a high tendency to clog drainpipes.
Regulatory vigilance, market strategy: SW Hong Kong’s Andy Wong talks keys to success in Hong Kong, Mainland China
Wong also shared his expertise on fostering successful collaborations and capitalising on emerging opportunities in sectors like fintech and sustainable energy.
SAP's new AI centre to boost productivity by 20% amongst 300 million users
Earlier this year it also announced full integration of AI into its cloud portfolios.
Hong Kong bans Japanese aquatic products over radiation concerns
These products include sea salt and seaweed.
Hong Kong halts poultry imports from France amidst avian influenza outbreak
In H1 2024, Hong Kong imported 830 tonnes of poultry meat and 110,000 eggs from France.
CBRE handles sale of Eco Tree Hotel Hong Kong
Tender deadline is on 26 September, 12 p.m.
Hong Kong to trial autonomous shuttle buses in Yuen Long
The trial will span approximately seven months.
Towngas net profits down by 16% YoY to $3.04b
Geopolitical tensions and hot weather posed a challenge to the group's business.
InvestHK projects 47% rise in Belt & Road companies’ presence in 2024
In H1 2024, 15% of newly-expanded firms in Hong Kong were from Belt and Road economies.
Unemployment rate stands at 3%
There were 117,800 unemployed people between May and July.
Cathay Pacific hits post-pandemic milestone with over 2 million passengers
Its passenger volume rose by 15.1% YoY.
Economy grows 3.3% YoY in Q2 2024
Quarter-on-quarter, the economy grew by 0.4%.
Commentary
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