Singapore
Nearly 3 in 5 firms fear virus crisis could spur restructuring
But for now, hiring continues for 63% of companies.
Nearly 3 in 5 firms fear virus crisis could spur restructuring
But for now, hiring continues for 63% of companies.
PMI sinks to lowest since 1998
GDP is expected to contract at an annual rate of nearly 5%.
Accounting difficulties lie ahead as Hong Kong sinks into recession
The number of fraud and dispute cases grows, leading to a strong demand for advisory services on forensics.
Inflation up 1.4% in January
Food prices spiked 17% during the month.
Hong Kong retail firms brace for more nCov impact
Tourist arrivals and retail sales already affected by unrest are tipped to worsen.
Inflation up 2.9% in 2019
Mild price hikes on imports and economic conditions will contain inflation in the near-term.
Sluggish retail rents to spill over to 2020
Visitor arrivals were down by 51.5% in December.
Asian retailers should consider investing in omnichannel experiences to stay relevant
Retailers gearing up for 2020 may have been urged to double down on technology to deliver the elusive optimal customer experience that hits all the right notes across the virtual and physical worlds of commerce. However, even as the expectations of the next generation consumers are at an all-time high thanks to unrelenting tech evangelism, retailers from Singapore to Hong Kong remain divided on differentiating trends from fad and investing in the latest retail tech obsession du jour.
Office rents down 1.5% in Q4 2019
Wanchai/Causeway Bay recorded the largest rental decline.
Causeway Bay retail rents slipped 13.9% in 2019
Some international retailers closed their shops amidst unrest.
Office space withdrawal hits 17-year low in Q4
About 378,000 sqft of office space was affected by withdrawals.
Export volumes contract 7.8% in September
This marks the seventh straight month of decline.
Causeway Bay remains the world's most expensive shopping street in 2019
Rents in Russell Street can go as high as $2,745 psf per year.
F&B sector's jobless rate hit six-year high in Q3
Unemployment levels in consumption and tourism-related segments were at the highest in two years.
Hong Kong fintech YouTrip obtains principal license from Mastercard
This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.
Four mobile networks buy 5G spectrum for $1b
It will take effect on April 2020.
Property sales down for fourth straight month in September
Sale and purchase agreements dropped to 4,090 transactions.
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