Staff Reporter
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
The increase in September 2022 was at 4.4%.
Citi, Zurich Insurance launch customizable insurance proposition
Demand for insurance sold online almost doubled in September, the insurer said.
Lands Department launches tender for Stanley site
The site has a maximum gross floor area of 44,615 sq m.
Self-storage operators lift industrial investment in October
Amongst these operators is Storhub.
Self-storage operators lift industrial investment in October
Amongst these operators is Storhub.
Retail spaces in non-core areas continue to pull investments
The retail podium at Coo Residences in Tuen Mun was sold for $450m.
Residential transaction volume drops in October amidst wondering economy
Units sold in the primary and secondary markets were at 672 and 2,476, respectively.
Office net effective rents drop 0.6% MoM in October
Across submarkets, Central posted the largest drop in rents.
Joblessness drops to 3.8% between August and October
The total number of unemployed people stands at 147,400.
Industrial assets boost deals growth in Hong Kong: Colliers
There were 25 major deals with transaction volumes soared by 93%.
HK, Peru to kick start free trade pact negotiations on January 2023
The first round of talks will cover subjects such as trade in goods.
Gov’t seeks to lure more high-quality maritime firms
Chief Executive John Lee wants to develop more vibrant maritime services.
Kwai Chung site sold for $1.1b to CITIC Pacific subsidiary
It was awarded on a 50-year land grant.
Cathay Pacific to hit pre-pandemic capacity levels by end of 2024
In 2022, the airline expects to hit one-third of its capacity.
TKO-Lam Tin Tunnel opens in December
The tunnel is a new route between Tseung Kwan O and Kwun Tong.
More Chinese, HK next gens set up ventures outside of family businesses
PwC said 20% of Hong Kong NextGens have their own businesses.
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
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