News

Inflation up 2.9% in 2019

Mild price hikes on imports and economic conditions will contain inflation in the near-term.

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.

37% of restaurants saw revenue growth in Q4 2019

However, only two in 10 businesses have reported profit growth.

Grade-A office vacancies in CBD hit 3.4% in 2019

Office decentralisation efforts prompted it to hit its highest level in five years.

Residential sales plunged 44.7% in December

Homebuyers were cautious amidst the prolonged social unrest in the country.

Banks urge Hong Kong staff to work from home after travels from China

Global banks are stepping up their measures amidst the coronavirus scare.

Nominations are now open for HKB National Business Awards 2020

Entries will be accepted until 17 April 2020, Friday.

Industrial property transaction volumes surged 150% in Q4 2019

Rising redevelopment interest has countered the impact of social unrest.

MOTIF builds a learning platform for skills in the fast-paced apparel industry

The startup offers eight programmes, which include courses on 3D transformation and apparel costing.

UBS faces uphill battle to regain ground in Hong Kong after IPO ban

Handed in March last year, the ban was lifted two months earlier than expected.

Hong Kong card payments value to hit $59.6b by 2023

The number of card payments is expected to hit 1 billion in 2020.

Office rents down 1.5% in Q4 2019

Wanchai/Causeway Bay recorded the largest rental decline.

31% of business owners expect worse conditions for Q1 2020

These were mostly under the hospitality, retail and logistics industries.

Hong Kong Business salutes the crème de la crème at the High Flyers Awards 2019

Standard Chartered won the Grand Enterprise Award for Bank of the Year.

Hong Kong's retail market to shrink 2.5% in 2020: PwC

Amidst uncertainties, China’s stimulus policies and Sino-US trade negotiations could provide some relief.