Noreen Jazul

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.

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.

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.