Staff Reporter
Property sales drop nearly 40% in 2022
Property sales drop nearly 40% in 2022
The Land Registry received only 59,619 sale and purchase agreements.
Hong Kong rolls out HKeToll
The new system will be launched gradually this year.
Embed cloud and AI technologies to accelerate business growth in 2023
Technology trends for 2023 will revolve on three themes: optimise, scale and pioneer.
Hong Kong retail market momentum depends on full border reopening
Retail sales for the first nine months slightly dipped by 1.3% YoY.
Analyst wary for Hong Kong’s commercial real estate market recovery
Interest rate hikes and higher costs of capital can make the market go over the edge.
Seasons greetings: Hong Kong Business will rest for the holidays
The Hong Kong Business team will return on 9 January 2023.
Hang Seng Bank raises prime rate to 5.625%
The bank will also be raising its savings rate by 0.625% per annum.
Residential prices to drop by 0%-5% in 2023
Year-to-date prices have declined by 10%.
Industrial production index drops by 0.6%
Textiles, wearing apparel, metal, and computer industries saw decreases in output volume.
Hong Kong’s gross national income inches up by 0.3% in Q3
The city’s GDP meanwhile dipped by 0.2%.
Exports to grow 5% in 2023: HKTDC
In 2022, exports declined by 6%.
Empowering digital transformation to help businesses capture opportunities in the GBA
HKT provides strong network coverage and 24/7 service support in all GBA cities.
Looking into Standard Chartered Bank’s deep-tier supplier finance solution
SCeChain utilises the latest technologies to provide financing to clients’ deep-tier suppliers.
Mead Johnson Nutrition Hong Kong receives industry accolades at the HKB Greater Bay Area Enterprise Awards 2022
The company won in the Infant and Child Nutrition category for its upgraded Enfa A+ formula.
International auction house to open exhibition space in Hongkong Land’s central portfolio
Sotheby’s will cover nearly 24,000 square feet in Landmark Chater.
HK’s wealthy to grow annually by an average of 3.3% between 2022-2026
The city’s affluent population accounted for 56.7% of its total population in 2021.
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