Noreen Jazul
Gov’t lifts ‘test and hold’ requirement for travellers from Mainland and Macau
The rule change takes effect on 3 September.
Value of total retail sales jumps 4.1% YoY to $28.3b in July
Online retail accounted for 7.9% of the total sales.
Only 3 in 10 organisations are ‘advanced’ in digital agility
With a lack of progress, Hong Kong retained its 5th rank in the Digital Agility Index.
3-storey residential block at Grampian Road up for sale by public auction
It has a reserve price of $404.25m.
82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
Grade A office vacancy climbs to 9.6% in July
JLL said it's the traditional low season for the office leasing market.
Bosideng bags US$35m sustainability-linked loan from DBS Hong Kong
This marks the largest sustainability-linked loan in Asia.
HK allows individuals with ‘amber code’ to participate in B2B conventions
Inbound persons from overseas or Taiwan are categorised with an amber code.
$50,000 fine awaits dining premises found violating health code rules
The warning was issued following the expiry of the 14-day adaptation period of the codes.
$175m-worth of residential units in SOHO district up for sale
It will be sold on an "as-is" basis.
Consumer prices rise 1.9% MoM in July
The year-on-year rate of increase in consumer prices was also 1.9%.
Net effective rent of HK offices drop 0.1% MoM in July
Decline in rents was also observed across major office submarkets.
Website showcasing over 360 research and development outcomes launched
The website aims to promote reindustrialisation in HK, amongst others.
Economy to contract by 0.7% in 2022: forecast
The GDP outlook got downgraded amidst a deteriorating external environment.
Local phishing websites up 524% QoQ in Q2
This translates to over 5,000 unique domains.
Close to 1 in 2 employees will quit a job preventing them from enjoying their lives
Hong Kongers are now placing more importance on their personal life over their work life.
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