In Focus
Should firms continue to offer high pay raises?
Randstad advised that firms should offer alternative benefits.
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%.
Credit and charge card payments to exceed $800b in 2026
The market is expected to grow at a CAGR of 3.9% between 2022-2026.
Basic food products cost almost a quarter of Hong Kongers’ minimum wage
Employees earn a minimum of $7,500 net monthly.
Inflation up 2% in December 2022
Overall CPI rose by 1.8% in the previous month.
8 investment ideas to achieve affluence in the year of prosperity
Financial experts said active portfolio management is crucial amidst economic uncertainties.
Mainland firms' influx brings new opportunities for local lawyers
GBA development allows qualified lawyers to practise domestic law within the area.
Hong Kong’s 10 most influential lawyers under 40 for 2022
Amongst the awardees is a lawyer offering legal assistance in Justice Without Borders.
Hong Kong fiscal deficit may reach $109b for FY2022/23: PwC
Spending will remain high due to the pandemic and geopolitical tensions.
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
Firms revamp benefits to retain older workers as youth opt for opportunities abroad
A Randstad expert said employers should consider giving their employees financial literacy benefits.
In-store vs online shopping: Which do Hong Kongers prefer?
Consumers cite three different reasons for their preference.
Buying vs renting: Which do Hong Kongers prefer?
In the next two years, 35% of locals plan to move.
HK’s wealthy to grow annually by an average of 3.3% between 2022-2026
The city’s affluent population accounted for 56.7% of its total population in 2021.
HKEX rolls out HKD-Renminbi dual counter model
It will ease listing, trading, and settlement of RMB counters in Hong Kong.
Hong Kong may be hit by longer fiscal deficits
An analyst sees weaker growth and high government spending for longer.
Hong Kong employees expect 10-15% salary increase when switching jobs: Randstad
Some expect a salary raise of between 15% and 20%.