Hong Kong

Shortage in senior executives drives salaries to new highs

Compensation for top-tier candidates in Asia Pacific might have risen by 15% to 25% a year for the past five years.

Shortage in senior executives drives salaries to new highs

Compensation for top-tier candidates in Asia Pacific might have risen by 15% to 25% a year for the past five years.

MIG Bank opens shop in Hong Kong

A Swiss online forex trader has opened a brick-and-mortar office in Hong Kong.

Ice-cold office tombs and flying freezers

Stepping into a Hong Kong bound Cathay Pacific airplane is like coming home; the organization is perfect, the hostesses are immaculate – and it is freezing cold onboard.

Tsang endorses Hong Kong and the renminbi to New Zealand, Chile and Brazil

It’s been a very busy two weeks for Chief Executive Donald Tsang.

HKTDC to launch largest promo campaign in Japan

Hong Kong’s goes massive for its "Think Global, Think Hong Kong" campaign in Japan from May 13 to 19.

Retail rents reach a new high in Hong Kong

Demand for milk powder and safe products for infants hike up consumer purchases in the country.

City Telecom exits telecoms in Hong Kong

It will be Asia's largest private equity-backed deal so far this year.

More residential developments to be up for sale

Over 8,000 residential developments are expected to be completed by 2014.

Property price bubble threatens Hong Kong anew

Despite efforts to curb its growth, the property price bubble is again showing signs of strength.

Lots for private homes to be auctioned

The Lands Department said it will open tender invitations on April 27 for two residential lots with a combined size of more than 11,000 square metres.

Is Leung pro-business?

Suspicions he’s not and is really a “closet communist” continue to hound Hong Kong Chief Executive-elect Leung Chun-ying.

Residents binge on flats

Hong Kong’s residents boost the property market with a surge of purchases in March.

Credit card fees becoming more expensive

HSBC raises fees to over 2.5 percentage points and more leading banks are following suit.

Hong Kong's credit profile dragged by China's country risk

The city state faces rising macro-prudential risks due to a surge in bank lending and housing inflation, says Fitch.

Business confidence in Hong Kong is waning

Less than half of Hong Kong firms are reporting revenue growth, another symptom of the sagging confidence among the city’s businessmen.

Knowledge advancements in Hong Kong

Like other major societies worldwide, Hong Kong is also transforming itself into a knowledge-based economy where increasingly firms are competing based on their leverage of collective wisdom and innovative capability of their staff and other stakeholders to design and deliver knowledge-intensive services.

Will US’s declining economy affect Hong Kong?

The US Bureau of Labor Statistics announced that 227,000 new nonfarm payroll jobs were created by the economy during February. Is that true? Of course not!