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Hong Kong's private sector ends 3-year decline in output
The Purchasing Manager’s Index posted 50.3 in April, IHS Markit reported.
Hong Kong's private sector ends 3-year decline in output
The Purchasing Manager’s Index posted 50.3 in April, IHS Markit reported.
Dairy Farm, CLPe Solutions to develop 1 million kWh solar panel system
The 2,000-solar panel system will be the largest in Hong Kong’s retail sector.
Government eyes extensive voucher coverage
The e-consumption vouchers, however, will not be useable for paying government fees.
At least 100 buildings in Hong Kong in danger of depreciating value: JLL
These buildings need significant upgrading to remain relevant and attractive to their tenants.
SF REIT eyes up to $2.68b in first global offering
The logistics-focused REIT will price its offer between $4.68 and $5.16 per unit.
New travel scheme welcomes non-HK residents from China
The Come2HK Scheme will be rolled out later this month.
Hong Kong lifts UK, Ireland travel ban
Travellers may fly to Hong Kong, starting 7 May.
Green finance grant scheme starts 10 May
The scheme will grant subsidies to bond issuers and loan borrowers to cover expenses.
Private Swiss bank buys BMO private bank in Hong Kong and Singapore.
The J Safra Sarasin Group completed the acquisition of the Bank of Montreal’s Private Banking Business.
Fewer SMEs now struggle in securing bank credit: survey
A total of 30% of SMEs perceived more difficult credit approval, down from 35% previously.
Luxury property market rebounds 0.8% in Q1 after 2020 drop
This followed the luxury residential market’s 8.2% decline last year.
IBI Group expects up to $56m profit
The Group’s preliminary estimates saw an increase in profit of between $51.9m and $56.2m.
Automation threatens 56% of the Hong Kong workforce
Fears over automation putting jobs at risk remains prominent amongst Hong Kongers.
Mortgage loans leapt to $53b in March
Banks received nearly 18,000 applications during the month.
Hong Kong's loan-to-deposit ratio rises to 83.3% in March
A gradual rise in loan demand is being seen as the economy begins to recover, OCBC has said.
Government records $232b fiscal deficit
Fiscal reserves, meanwhile, stood at $927.8b, as of 31 March.
Ready-to-drink tea sales dominated by major brands: Nielsen
Nielsen sees a similar trend emerging in key categories such as shampoo and chocolate confectionary.
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