News

Sale of residential units sluggish in the first half of 2023

Only over half of residential units were sold in H1 2023, slower than the five-year average.

Sale of residential units sluggish in the first half of 2023

Only over half of residential units were sold in H1 2023, slower than the five-year average.

HK is Asian market with the third most expensive hotel room rate

Hong Kong hotel room rate per night is $1,928 (US$246).

Which countries charge the highest ATM withdrawal fees?

The Philippines is the most expensive place in Asia to withdraw cash via ATM.

Hong Kong consumer prices up 1.8% YoY in July

Alcoholic drinks and tobacco recorded the highest price increase of 18.4%.

Hong Kong introduces one-off subsidy for citizens in transitional housing

As many as 35,000 are expected to benefit from the trial scheme.

DBS Hong Kong finalises HK$800m green loan with HSH

KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.

Hong Kong Airlines to distribute 1,000 free economy class tickets

The winners' companions will get $150 off for economy tickets above $1,000.

Hong Kong businesses show growing interest in SE Asia expansion

UOB Hong Kong’s Ricky Ng dives deep into the Business Outlook Survey that shows 39% of Hong Kong firms are aiming for regional growth.

Jobless rate at 2.8% in May-June 2023

The number of unemployed people dropped by 1,900 compared to April-June.

AirAsia offers free seats and big discounts

The budget carrier has free seats to direct flights from Macau to Chiang Mai.

HK is fourth place in the best market for FX traders rankings

It was bested by China, Japan, and its economic rival, Singapore.

Hong Kong imposes six-month ban on Chan Ka Hey for fabrication

To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.

Population up 2.1% as residents return from overseas

About 170,000 residents who were staying abroad have returned.

Hong Kong employees express dissatisfaction with their jobs, salaries: study

Of 1,000 employees, only 30% said that they find fulfillment in their jobs.