In Focus
Hong Kong workforce sees lowest pay hike since 2008: Survey
Salary increments this year only averaged +0.4%, according to JobsDB.
Hong Kong workforce sees lowest pay hike since 2008: Survey
Salary increments this year only averaged +0.4%, according to JobsDB.
Rising COVID cases burst HK-SG travel bubble anew
The May 26 target date has been postponed.
Government sees “significant” drop in Hong Kong jobless
The unemployment rate stood at 6.8% in March, down from the record of 7.2%.
Commercial property sales rise to US$1.4b as investment deals pick up
This is a 28% increase compared to the same quarter last year.
Hong Kong ranks third most preferred seat for cross-border disputes
This is a place higher compared to the previous global survey in 2018.
All is “not rosy” despite higher-than-expected economic growth
The 7.8% YOY GDP growth was above the 3.7% Bloomberg estimate, but it will take more than that to return Hong Kong to more prosperous times.
Retail outlook still challenged despite 20.1% rise in March sales
The value of total retail sales amounted to $27.6b during March of 2021.
Economy rebounds 7.8% after six quarters of contraction
The GDP growth during the first quarter was linked to Hong Kong's stronger external trade.
Government sees “strong GDP growth” in first quarter
This comes after Hong Kong’s economy contracted 6.1% over the course of 2020.
Find out which jobs to seize in the Greater Bay Area
KPMG has identified three major sectors that will create the most opportunities.
Things you need to follow for the HK-SG Air Travel Bubble
Hong Kong and Singapore have confirmed designated flights will begin on 26 May.
Worst is over? Hong Kong's jobless rate drops from 7.2% peak
Despite an uneven recovery, the unemployment rate will likely enter a sustained decline, OCBC has said.
Turbulent times ahead as SG-HK travel bubble delayed anew
The declaration of a travel corridor between the two cities has been delayed for the second time.
What can drive Hong Kong's economic growth?
JLL has identified eight drivers that will bring Hong Kong to “New Heights”.
Spot freight rates sail to record high of 7%, after Suez Canal blockage
The rates are expected to reach even greater heights in the near term.
What does it really cost expats to live in Hong Kong?
Hong Kong is still the most expensive location for expats, despite wide-ranging drops in residential property rents over the last year.
High vacancy rates hinder office, retail rent recovery
Office rents will likely decline 5-10% over 2021, CBRE said.