Hong Kong
Private sector vacancies up 4% to over 79,000 in March
Vacancies in transportation, storage, postal and courier services rose 18%.
Getting around Hong Kong: public sector smart mobility for the future
Hong Kong citizens are heavy road users, with over 12.6 million passenger trips on public transport taken every day, and 354 licensed vehicles for every kilometer of road in the city. The congestion costs residents 36% of extra commuting time per year, compared to free-flowing traffic. The city is proud of its public transportation systems and citizen mobility in general, but it can still drive more efficiencies.
FWD in talks to buy MetLife Hong Kong unit amidst acquisition spree: report
A deal could value MetLife Hong Kong at less than US$400m.
Hong Kong medical costs up 9.3% in 2018
The situation isn't any easier for Singapore where costs grew 10%.
Patek Philippe to hold fifth exhibition in Singapore
It will run from 28 September to 13 October.
Hong Kong ranks as fourth costliest city for expats
A stronger HKD and higher price tags drove up its cost of living.
Home sales hit near-seven-year high in Q2
There were 10,128 sales and purchase agreements in April alone.
Mitigating business risks through cybersecurity
According to Hong Kong Police statistics, financial losses due to cybercrime reached $2.77b in 2018 in the territory, almost doubling the figure for 2017. As technology becomes more sophisticated and ubiquitous, cybercriminals’ skills and tools are evolving and cybersecurity experts are having to work harder to catch up.
ESR Cayman shelves what could have been Hong Kong's largest IPO in 2019
If the share sale pushed through, the firm would have raised an estimated $9.12b.
Tourist arrivals up 5.2% to 5.57 million in April
Mainland China visitors accounted for three-fourths of visitor arrivals.
Civil Service Bureau proposes 5.26% pay hike for lower income civil servants
The proposed adjustment took into account cost of living and pay claims, amongst others.
New virtual banking licenses spur demand for data jobs
The hottest roles will include data scientists, UI engineers, and full stack developers.
Retail sales volumes dipped 0.8% in March
Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.
Home sales climbed 49.5% to 7,822 units sold in April
The property market could be warming up.
Central's Grade A rents hold firm at $161 amidst 1.7% vacancy rate in April
Decentralisation also slowed due to a low availability of spaces over 20,000 sqft.
Hotel Alexandra set to open in 2020
The 840-room hotel draws aesthetic inspiration from Alice's Adventures in Wonderland.
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