News

Online-to-offline model gains ground in Hong Kong

The extended operating hours that the internet allows has attracted merchants towards selling online.

Online-to-offline model gains ground in Hong Kong

The extended operating hours that the internet allows has attracted merchants towards selling online.

Hong Kong springboards new R&D hub

Eligible firms may receive monthly allowances up to $32,000.

Federated Hermes questions HSBC's support for security law

The firm expects companies to back moves supporting human rights.

Retail sales down 32.8% to $26.8b in May

It narrowed from April following a stabilised local epidemic situation.

Hong Kong, Thailand establish special travel arrangement

It aims to explore relaxation measures to resume cross-boundary business exchange.

Government facilitates travel scheme for arbitral parties in Hong Kong

It gives more freedom for non-Hong Kong residents to enter the market.

Second batch of Employment Support Scheme subsidies released

Employers received a total of $6.5b to get through from June to August.

Average pay rose 2.2% in March

Only 39% of the companies reported a decline in wage rates.

Exports down 7.4% in May

Exports to Asia as a whole went down by 4.6%, led by the 45.5% drop in the Philippines.

Hong Kong crowned as most financial literate market globally

Locals’ financial literacy improves albeit weak money behaviour.

Luxury residential segment gains momentum in May

Quantitative easing in most regions supports luxury property prices.

How FDT is modernising the trust scene

FDT is behind Asia’s first ​Rapid Settlement and Clearing Network (RSCN).

Bank transfers, digital wallets spur e-commerce market

The two methods are rising at CAGR of 12% and 11%, respectively.

Total employment down 3.8% YoY to 37,310 in March

Total number of vacancies saw a shortfall of 4,960 compared to the same time previous year.

Inflation up 1.5% in May

Price growth of pork, vegetables and private housing rentals were weaker.