In Focus
Hong Kong is Asia’s most expensive business travel destination
Globally, the market is 16th priciest for business concerns.
Hong Kong is Asia’s most expensive business travel destination
Globally, the market is 16th priciest for business concerns.
4 actions HK can take to grow its I&T industry
Under the HK I&T Development Blueprint, the city plans to grow the industry by 5% in 5 years.
Why GBA consumers invest in Hong Kong
Most (78%) cite higher returns than on the Mainland.
How Hong Kong can remain a shopping destination for GBA travellers
Survey reveals 10%-15% of GBA travellers will spend less in HK in the next 3 years.
China reopening to lift Hong Kong banks’ earnings: Fitch
Fitch Ratings expect higher net interest income and NIM.
Hong Kong's Hottest Startups of 2023
Startups with "disruptive applications in the Web 3.0 space" dominate.
Experts rally for change in legal industry’s ‘billable system’
A report from UC Hastings College of the Law stated that "a most-hours-wins system disproportionately disadvantages women partners.”
Why positive recruitment experience matters
Four in 10 would decline a good offer due to unprofessional selection process.
Hong Kong risks narrowing fiscal buffers amidst ‘sizeable’ spending plan
The city’s deficit is expected to remain wide for a longer period.
Budget 2023: Gov’t lays out measures to support business
Measures include reducing profits tax for the year of assessment 2022-23 by 100%.
Cards maintain dominance in Hong Kong's payment landscape
Over nine in 10 consumers use cards as their payment method.
Hong Kong employers at risk of losing staff in next six months
Unless, they offer higher salaries.
Residential transaction volume soars by 21.7% in January
Residential units sold during the month stood at 3,051.
Dealmaking suffered in 2022 with 41% drop
Trading volume reached US$6.7b.
With luxury site losing appeal, mass residential sites gain traction amongst developers
This as interest in acquiring luxury residential sites declined.
Should firms continue to offer high pay raises?
Randstad advised that firms should offer alternative benefits.
Exchange Fund posts investment loss of $202.4b in 2022
It also ended the year with a negative investment return of 4.4%.
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