Hong Kong
Hong Kong to keep after property speculators
The frantic need to curb property speculation seems to trump all other considerations in Hong Kong.
Hong Kong to keep after property speculators
The frantic need to curb property speculation seems to trump all other considerations in Hong Kong.
HK throws start-ups a lifeline
A pilot micro-financing scheme just proposed by the government will entitle self-employed individuals and those undertaking self-enhancement training to borrow up to HK$300,000 each.
Hong Kong SMEs get government “pain killers”
Small and medium enterprises can expect a helping hand from the government to ride out the rough times ahead.
Property prices could lose a fourth of their value by 2013
Government's moves to check real estate speculation and prevent the housing bubble from bursting are working—but at the expense of already battered middle-class home owners.
Property deals plummet by half
January didn’t get off to a good start for the property sector.
Why a volatile fast changing world is good for Hong Kong
The average lifespan of a multinational (Fortune 500) company is 40 years. Of today’s Fortune 500, only 67 still exist from the first list published in 1955. Last week 133 year old Kodak filed for bankruptcy protection; in its 1980 heydays it employed 145,000 people, had great products (it even invented the digital camera) and its brand belonged to the most valuable in the world. Too slow to change to the digital world, decades of decline ended in a slow, but certain death. In a recent study that TNS conducted with CMOs of 30 multinationals about digital and marketing, the CMOs recognized the necessity of speed and change, as they mentioned the imperatives for 2012:
GDP growth downtrend to continue till 1H12
GDP in the fourth quarter of 2011 came in at 3% YoY, lower than 3Q11's 4.3%.
Hong Kong and the rest of Asia moves towards the "third place"
In Hong Kong, gone are the days when we were chained to our desk from 9 to 5. How we work is changing. The idea of a “Third Place,” a space that’s neither home nor office but where people want to spend a portion of their lives, was introduced as far back as 1989 in Ray Oldenburg’s book “The Great Good Place.”
Hong Kong to bite the bullet—again
It’s official: Hong Kong’s about to experience big-time pain. So much for the lucky Year of the Water Dragon.
Hong Kong rents keep falling and falling
Cheaper rents have become one of the few upsides to the dour economic climate besetting Hong Kong.
FY 2012-13 budget to inject pain killers into economy
Hong Kong seems to be in for a lot of pain as growth slows by more than half in 2012 and prices continue to rise.
Is Hyperinflation coming to Hong Kong?
What’s good for the USA financially could spell ruin for Hong Kong.
Hong Kong to set up insurance protection fund
The bill is planned to be introduced into LegCo in the 2012-13 legislative session for setting up the fund in 2013-14.
HKMA December approved new mortgage loans down 12.8%
Number of new applications in the month also fell 14.6% to 6,039.
Hong Kong government urges prudent investment
Investors advided to consider interest rate and underlining fundamentals of the world economy in making their decisions.
China Everbright International vows to respond to global economic crisis
The company promises no layoffs, no pay cuts, increase in R&D investment and more job opportunities.
Mourant Ozannes opens Hong Kong office
The law firm affirms its Hong Kong team members bring a wealth of knowledge and experience in their respective fields.