Hong Kong
ICW on digitising the supply chain
The firm works by connecting various international laboratories, making use of its big databases, artificial intelligence and team.
ICW on digitising the supply chain
The firm works by connecting various international laboratories, making use of its big databases, artificial intelligence and team.
Restaurant receipts down 0.4% to $28.7m in Q2
Receipts of bars, Chinese restaurants and non-Chinese restaurants fell during the quarter.
Prudential ties up with telemedicine firm MyDoc to launch digital health app
Pulse will provide health tools and consultations for 11 markets in Asia.
PMI sinks to decade-low 43.8 in July
This is due to sharp declines in both business activity and new orders and fall in input stocks.
Retail sales fall 6.7% to $35.2b in June
Sales will likely be subdued due to the weak economic outlook and ongoing demonstrations.
The Great Room debuts at One Taikoo Place
The 24,000-sqft premium co-working space targets established corporates.
Monthly gender pay gap widens to $6,500
On average, women are earning less despite making up half of the workforce.
GDP growth holds firm at 0.6% in Q2
This is due to weak performance of investments and low external demand.
Citi Hong Kong launches payment settlement feature Citi PayAll
Credit cardholders can settle one-off or recurring payments on the app whilst earning points.
Small firms tap deep pockets for big disputes
Companies that run into a dispute can gain access to funding partners - such as publicly listed firms and high-net-worth individuals in China.
Luxury retailers halt expansion plans as sales weaken
As a result, non-luxury retailers are moving on in core areas outside Central.
Grade-A office rents in Hong Kong Island up 1.2% in June
Tenants snapped up office spaces sized over 15,000 sqft.
Kai Tak site sold for $12.74b in cheapest land sale in three years
A joint venture led by Wheelock Properties and COLI bought the site.
Look out, Starbucks: WeWork to launch charge-by-minute service
WeWork Go users need only scan a QR code upon arrival to start working.
How can local brands tug at Hong Kong consumers' heartstrings?
Only 7% of locals will choose homegrown brands over global ones, a study found. More people across the world have been putting their money to their homecourt with 56% saying that they trust local brands more than global brands in 2018, according to a study by advertising giant McCann. In APAC alone, local brand believers are a bit higher than the global average at 59%.
4,800 private flats completed in Q2
About 93,000 flats will be available in the next three to four years.
Hang Seng Bank adds forex functionality to AI-powered chatbot
Users can request data on current rates and detect nearby FX ATMs.
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