Staff Reporter
Top 3 cross-border destinations retailers eye for expansion
Top 3 cross-border destinations retailers eye for expansion
Hong Kong and Singapore are tied for second place.
Government forms task force to promote Hong Kong branding
The task force will be led by Financial Secretary Paul Chan.
Home price index slips by over 2% in December 2022
Price index stood at 332.5, the Rating and Valuation Department reported.
HZMB private car quotas up by 1,000
Hong Kong and Macau governments agreed to raise the regular quotas.
Exports value fall 28.9% YoY to $348.1b in December 2022
The deteriorating external environment contributed to the fall.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
Foreign investment in Hong Kong’s commercial property still in ‘negative’ territory
The Investment Sentiment Index in the city dropped to -36 from -39.
Credit and charge card payments to exceed $800b in 2026
The market is expected to grow at a CAGR of 3.9% between 2022-2026.
HKEX reveals high compliance rates of 2021 issuers
But there are issues such as modifications of audit opinions by auditors.
HKEX makes management changes to oversee listing divisions
The Securities and Futures Commission approved the appointments.
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.
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