Hong Kong
64% of Hong Kong investors failed to achieve objectives: survey
Knee-jerk decisions during market volatility could hamper investors from achieving their goals.
Mid-year population up 1% to 7.52 million
The number of residents rose by 73,100.
Far East Consortium unit clinches Kai Tak site for $2.45b
It is designated for non-industrial use.
A fifth of old Hong Kongers still have part-time jobs: survey
Blame Hong Kong's notoriously high cost of living.
Why advanced technologies are the Holy Grail for Hong Kong employers
Hong Kong’s seasonally adjusted unemployment rate currently stands at 2.8% the same as it has done for fourteen quarters. This, together with a shrinking talent pool and skills shortage, has meant that the HR sector as a whole has become adept at initiating creative strategies to identify, recruit, nurture and retain talent. All this whilst fending off other companies eager to hire staff away in a market driven by the job-seeker.
Hong Kong banks' loan growth hit 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
Hong Kong gears for 5G rollout in 2020
Around 1,000 government premises will open for applications.
Voluntary turnovers rates in tech hit 13.9% in Q2
Local turnover rates are higher than those in India, Japan and Taiwan.
A third of Hong Kongers spend $746 on monthly subscription services
35% have been charged with bank fees, most of them because they forgot to pay.
Hong Kong and China enterprises invest in Peru projects
MOUs include investments in energy, coffee trade, and mining projects.
Central still the world's priciest office market for fifth consecutive year
Occupancy costs run at $2,665.8 psf per annum.
Possibility of recession looms for Hong Kong: Finance Chief
Ongoing social unrest and the escalating trade tensions place downward pressure on economic growth.
Property sales crash 24.6% to $54b in July
Buyers remain hesitant to purchase property amidst an uncertain economic environment.
Year-end retail sales may fall by up to 8.1% as protests ravage Hong Kong
The sales decline may be even worse than the 2014 Occupy Movement.
Over half of employees expect jobs to be automated in the next decade
Almost 4 out of 5 also expect their employers to invest in developing their digital skills.
Bill Gates-backed biotech in diagnostic push
PHASE Scientific's product portfolio has expanded to include major infectious diseases such as hepatitis and influenza.
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