Staff Reporter
Unemployment rate down to 3.1% in March
Unemployment rate down to 3.1% in March
The underemployment rate also dipped by 0.1 percentage points to 1.2%.
Office space negotiations more active as overall vacancy rate drops in March
This is the first drop since May 2022, JLL said.
Over 85% of first batch of 23 WCH Grade A office units sold
The sale amounted to over $700m.
Proposed tax concessions get approval
The measure to increase the child allowance was also passed.
Composite interest rate down to 2.13% in March
This declined from 2.17% in February.
Luxury home at Mount Nicholson sells for $577.4m
The purchase price translates to $82,000 per square foot.
Faster recovery awaits Hong Kong’s high-end hotels
JLL expects the sector’s transaction activity to reach US$1b by Q423.
Sotheby’s marquee spring series achieved $3.7b
The firm’s exhibition preview wooed nearly 15,500 visitors.
AIA Hong Kong launches CarePass for high-end customers
They can access one-stop integrated oncology treatments, amongst others.
GBA businesses regain confidence as Mainland-HK travel resumes
The confidence index of business rose about the 50-print for the first time since Q421.
China's ZJLD Group seeks to raise $6.37b in HK IPO
It is offering a total of 490.7 million shares.
OUE Lippo Healthcare, CUHK to operate the international medical centre
Prince Bay Hospital is seen to be commissioned in 2024 with over 200 beds.
3 in 4 SMEs expect sales growth in 2023
Business optimism has prompted 58% of SMEs to increase their headcount.
Savills pioneers next-level virtual property tours in Hong Kong
Clients viewing 3D interactive models can see the whole property, tenants, and community.
5 factors pushing Singaporeans to visit Hong Kong
Singaporeans' travel consideration to HK rose between February to March.
Growth of high street rents in core districts eases in Q123
Rents in core districts range from $211-$860.
How many years do Hongkongers need to work to become a millionaire?
The average wage of workers in Hong Kong is $22,281 (US$2,839).
Read Here
Advertise
Sign Up
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers