Staff Reporter
Basic food products cost almost a quarter of Hong Kongers’ minimum wage
Basic food products cost almost a quarter of Hong Kongers’ minimum wage
Employees earn a minimum of $7,500 net monthly.
Hong Kong amongst top APAC countries with high EV discussion
Over 124 companies are discussing EV in Hong Kong.
EY partner: Collaboration essential in ‘making meaningful impacts’
Andrew Lee believes such ideals amidst companies’ capabilities post-pandemic.
Border reopening bodes well for investment sentiment in residential market
A potential influx of professionals from Mainland China could boost buyer profiles for the luxury market.
Inflation up 2% in December 2022
Overall CPI rose by 1.8% in the previous month.
Businesses ‘slightly’ more optimistic about Q1
This could improve with the lifting of social distancing measures.
Millennials struggle with health and wellness during hectic work week
Less than half are satisfied with their overall health.
Grade A office vacancy rate rises to 12.1% in December 2022
New completions pushed the vacancy rate up.
Why urban industrial and logistics will be a ‘haven’ for investors in 2023
Savills said the sector will see “robust occupier demand.”
Gov’t scraps isolation order for COVID infected individuals
The arrangement will be lifted on 30 January.
Unemployment rate falls to 3.5%
By the end of last year, the total unemployed was 126,000.
DBS Hong Kong offers two-in-one instant loan and credit card combo
Users just need to scan their HKID to get both cash and a digital card in a single application.
Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal
Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.
Residential transaction volume to rebound in H1 2023
Developers are also expected to place their units for sale.
Buildings dep’t approves 13 plans in November
It also gave the green light to start works on 11 building projects.
‘Subdued’ market sentiment speeds up home prices decline: report
Mass residential capital values dropped by 3.1% MoM in December, JLL said.
SMEs remain in ‘expansionary’ territory in Q4 2022
This is for the eighth consecutive quarter, OCBC noted.
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