Noreen Jazul

HK economy grows 2.7% in Q1 

HK economy grows 2.7% in Q1 

Q1 ended the four consecutive quarters of GDP decline.

Frontline and low-skill roles to become more attractive following wage hike 

The government raised the Statutory Minimum Wage to $40 per hour.

Hong Kong Airlines clinches investment fund for restructuring

The restructuring will help the airline expedite its business recovery.

Exports value dips by 1.5% YoY to $367.2b in March

The pace of decline, however, has moderated.

Unemployment rate drops to 3.1% 

There were 115,100 unemployed from January to March.

Getting the right accommodation mix will be crucial to the Northern Metropolis’ success

A local government accommodation scheme in Shanghai could boost private interest in Hong Kong’s Northern Metropolis and solve housing issues before they arise.

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.

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.

5 factors pushing Singaporeans to visit Hong Kong

Singaporeans' travel consideration to HK rose between February to March.

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).

Grade A office rents contract 1.3% QoQ in Q1

The decrease in rents in Island East drove the overall decrease.

New bill slashes transaction costs for Hong Kong market makers

The government gazetted a bill waiving stamp duty payable on certain transactions relating to dual-counter stock.

Foreign currency reserves hit US$430.7b in March

It rose from the US$429.1b  record in February.