Hong Kong
Residential transaction volume drops in October amidst wondering economy
Units sold in the primary and secondary markets were at 672 and 2,476, respectively.
Residential transaction volume drops in October amidst wondering economy
Units sold in the primary and secondary markets were at 672 and 2,476, respectively.
Office net effective rents drop 0.6% MoM in October
Across submarkets, Central posted the largest drop in rents.
Joblessness drops to 3.8% between August and October
The total number of unemployed people stands at 147,400.
Driving the future of Hong Kong's businesses with hyper-automation
Automation carves out new avenues to achieve new business outcomes that would otherwise not be possible. It is safe to say that the disruption caused by automation will continue to have a significant impact across industries. As Hong Kong strives to develop its digital economy, intelligent connectivity will be crucial to solidifying its position as a regional financial and economic hub.
HK, Peru to kick start free trade pact negotiations on January 2023
The first round of talks will cover subjects such as trade in goods.
Gov’t seeks to lure more high-quality maritime firms
Chief Executive John Lee wants to develop more vibrant maritime services.
Kwai Chung site sold for $1.1b to CITIC Pacific subsidiary
It was awarded on a 50-year land grant.
HKTDC gathers 30,000 industry players for the inaugural International Healthcare Week
The event aims to establish Hong Kong as a leading healthcare hub in Asia.
Cathay Pacific to hit pre-pandemic capacity levels by end of 2024
In 2022, the airline expects to hit one-third of its capacity.
TKO-Lam Tin Tunnel opens in December
The tunnel is a new route between Tseung Kwan O and Kwun Tong.
More Chinese, HK next gens set up ventures outside of family businesses
PwC said 20% of Hong Kong NextGens have their own businesses.
More than 80% see sustainability as a core strategy of organisations
They also say that their leadership teams care about sustainability and climate change.
Hong Kong ponders lifting of more COVID restrictions
The government wants to further open up Hong Kong.
Commercial investment volumes drop 19% YoY to US$1.7b in Q3: MSCI
Singapore ranked 5th amongst APAC markets with the highest investment volume.
How do Hong Kong IT leaders fill skill shortages gap?
Around 3 in 5 are reskilling workers from similar industries.
Why invest in Hong Kong's healthcare industry
Hong Kong has eight competitive advantages, according to InvestHK.
SME business optimism improves in October
But, next month’s expectations are more cautious.
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