Staff Reporter
After China reopening, Hong Kong sees economy will pick up growth
After China reopening, Hong Kong sees economy will pick up growth
Financial Secretary Paul Chan said the city is quickly returning to normalcy.
Investment market in Hong Kong’s retail space ‘quiet’ in 2022: JLL
There were only a handful of lump sum transactions recorded during the year.
LegCo approves Stamp Duty amendment bill
The amended ordinance will come into force on January 27.
Residential prices to ‘bottom out’ in Q1 2023
This is due to a positive economic outlook.
53% of APAC CEOs believe their business models will not survive within the next decade
Asia Pacific CEOs eye three changes in their business models.
Overall office rent declines by 3.7% in 2022: JLL
Vacancy rate in end-December rose due to new completions.
Hong Kong ranks fourth in global data centre market: report
It went up from sixth place last year, Cushman & Wakefield reported.
Office space in Lippo Centre, Admiralty on sale for $504m
The asking price is equivalent to $32,000 per square foot.
HK’s livi bank launches QR payment option
From now until 31 March, customers can earn rewards up to HK$500 per month.
Export and import volumes drop double digits in November 2022
Prices, on the other hand, increased for both exports and imports.
Job postings for tourism in 2022 more than doubled since 2020: study
Aviation services sector also posted an increase in recruitment.
Number of registered companies hit 1.3 million in 2022
In 2022, there were 104,120 newly registered local companies.
PwC resigns as China Evergrande Group auditor due to disagreements
The resigned auditor did not receive significant matters in the financial statements.
New license for virtual asset providers, relaxed listing to rock Hong Kong’s fintechs
Virtual asset service providers will now need to be licensed.
Gov’t increases travel cap in boundary control points
It was raised to 65,000 individuals.
DBS Hong Kong unveils eLaisee function
Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.
Hong Kong fiscal deficit may reach $109b for FY2022/23: PwC
Spending will remain high due to the pandemic and geopolitical tensions.
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