Hong Kong

Unemployment rate stands at 2.9%

There were 102,600 unemployed people from November 2023 to January.

Unemployment rate stands at 2.9%

There were 102,600 unemployed people from November 2023 to January.

BOCHK grants $625.5m sustainable loan to Shangri-La Asia

Shangri-La will receive interest rate reductions when ESG targets are achieved.

HKIA warns of risks in premiums financing, “double-edged sword”

The authority urges insurers to seek professional advice before premium financing.

Commercial floors at Harbourfront Landmark in Hung Hom up for auction

The bid price for the properties will be revealed nearer to the auction date.

Credit card firms missing out on HK$1.85b from lack of merchant focus: analyst

Most issuers focus more on onboarding card users, the study found.

Two floors at Lyndhurst Tower for sale

The floors total approximately 8,010 square feet of space.

BOCHK warns of phishing emails

It has reported the case to Hong Kong authorities.

750,000 travellers visited Hong Kong for CNY holidays

650,000 of the 750,000 visitors came from Mainland China.

Biotech to boost healthcare industry in 2024

Biotech professionals to receive a 5% average increment when switching employers.

Why Hong Kong's retail sector may face talent shortage in 2024

Employee expectations to contribute to manpower crunch in the industry.

Supply chain, procurement firms to create more hybrid jobs

This will be led by e-cigarette and power tool firms.

Majority of construction, and engineering talents eye switching jobs

Talents expect 10% to 20% salary growth in new employers.

HK scraps MPF Offsetting Scheme to enhance employee protection

Starting 2025, employers are no longer allowed to offset long service and severance payments from its Mandatory Provident Fund contributions.

3 key strategies for Hong Kong retailers to amplify sales in 2024

Implementing one of these strategies has shown conversion rates between 50%-70%.

SME business sentiment falls in January 

The current diffusion index on business receipts amongst SMEs dropped to 43.3.

Bonnie Chan to take over as HKEX CEO

Chan will succeed Alejandro Nicolas Aguzin.