Staff Reporter
Unemployment rate remains at 2.8% in July-September
Unemployment rate remains at 2.8% in July-September
The underemployment rate was the same at 1%.
Unit sales of tech and durables market drop 7% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value USD terms, falling -22%.
Overall average turnover percentage ranges from 8.9% to 26.4%
The higher the employee level, the lower the turnover percentage was recorded.
Office vacancy rates slightly improves in September
Office rents retreated by 1% MoM.
Hong Kong employees record the highest salary hike in GBA: study
HK fresh graduates with engineering function was the highest with $20,950.
HK to complete second study on GBA rail link project mid-2024
The project will connect the Hong Kong Hung Shui Kiu/Ha Tsuen New Development Area with Qianhai.
Gov't greenlights bill regulating plastic products
The bill prohibits the sale and use of 9 types of disposable plastics.
Gov’t opens applications for tech scheme
The government allocated $10b for the scheme aiming to commercialise research and development (R&D) outcomes.
This startup helps hospitals treat stroke patients quickly
Hopebotics’ device transfers stroke patients’ therapy at home whilst hospitals monitor the progress remotely.
Two Hong Kong banks facing record fines for short-selling in Korea: report
South Korea’s FSS said they made short-selling deals worth KRW40b and KRW16b, respectively.
J&T Express plans to raise $3.92b in Hong Kong IPO: report
The company will issue 362.5m shares.
Gov’t registers 29 land transactions in Q3
The land transactions realised a total land premium of $4.8b.
Survey reveals low consumer confidence in AI usage across 3 sectors
More than 10% of consumers are 'somewhat uncomfortable' with AI use in the three industries.
Human-driven content vs AI-generated: Which do Hongkongers prefer?
In consumer marketing, 24% prefer AI-generated content.
Only 2 in 10 Hongkongers are familiar with generative AI - IPSOS
Gen Z and millennials are most aware of the technology.
Hong Kong’s full-year economic growth to be ‘weaker than expected’ – expert
The city’s GDP contracted by 1.3% QoQ in 2Q23.
Municipal solid waste disposal fees to start next year
The government will charge $365 per tonne for solid waste disposal.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres