News
Hong Kong Business hails the most outstanding companies in 2019
The awards ceremony was graced by around 100 executives.
Hong Kong Business hails the most outstanding companies in 2019
The awards ceremony was graced by around 100 executives.
July exports shrunk 5.7% to $338.6b
Electrical machinery, apparatus and appliances, and electrical parts registered a 6.9% YoY decrease to $9.7b.
Hong Kong prime office rents shrink 1.1% in Q2
Central’s rental rates recorded a 0.2% YoY decline to $161.1 psf monthly.
HKB Management Excellence Awards 2019 opens doors for nominations
Entries will be accepted until 18 October 2019.
Hong Kong still top APAC real estate investment market in H1
However, transactions fell 46% YoY to $47.06b.
PwC and HKSTP launch IT fundraising programme
It aims to lure tech companies to Hong Kong.
Central office vacancy rate hits three-year high of 2.6% in July
The occupier market contracted to 56,100 sqft due to subdued leasing demand.
Composite interest rate down to 0.94% in July
This is due to decreases in weighted funding costs of deposits and interbank funds.
Hong Kong inflation remains unchanged at 3.3% in July
Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.
Jobless rate up to 2.9% in May to July 2019
This translates to an additional 3,300 unemployed people.
Economic conditions in H1 weakest in a decade: government economist
Real GDP is expected to grow by a dismal 0-1% by the end of the year.
Total export volume down 5.2% in H1
Exports fell for the fourth straight month in June.
64% of Hong Kong investors failed to achieve objectives: survey
Knee-jerk decisions during market volatility could hamper investors from achieving their goals.
Mid-year population up 1% to 7.52 million
The number of residents rose by 73,100.
Far East Consortium unit clinches Kai Tak site for $2.45b
It is designated for non-industrial use.
A fifth of old Hong Kongers still have part-time jobs: survey
Blame Hong Kong's notoriously high cost of living.
Hong Kong banks' loan growth hit 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
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