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Retail sales up 7.1% to $48.1m in January
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Retail sales up 7.1% to $48.1m in January
Sales at department stores and F&B outlets rose 15.1% and 13% respectively.
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
Sales have weakened ever since prices started falling in July 2018.
Authorities remove nine categories from proposed extradition law
It will cut sections including bankruptcy, securities and futures, and intellectual property.
Hong Kong takes the world's 19th most powerful passport
Hong Kong’s passport holders have visa-free or visa-on-arrival access to 169 countries.
Hong Kong consumers more willing to share data than UK and Germany: survey
Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.
Cathay Pacific to acquire budget airline HK Express for $4.93b
If the acquisition goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines.
Hong Kong credit card balances up 5% to $17.33b in Q4
The balances of Generation Z customers skyrocketed 89%.
Hong Kong named as the most vulnerable APAC country to Chinese trade decline
Most of the region’s exports are being absorbed by China.
Hong Kong and Paris squeeze into Singapore's throne as costliest city globally
Hong Kong moved from the 4th place last year to the top in 2019.
Home prices recovered 20-28% in Q1 since 2012
However, property investment volumes dropped 42% QoQ.
Real estate investment volumes jumped 16% to $399.8m in 2018: report
Hong Kong's growth placed it as the ninth largest source of real estate investments globally.
Record high 65.15 million visitor arrivals buoyed hotel occupancy in 2018
The lacklustre 2,500 new hotel room supply also supported the citywide occupancy of 91.4%.
Hong Kong slaps $100m fine on global banks over IPO sponsor failures
UBS faces the highest fine of $47.77m.
Hong Kong is Asia's priciest rental haven for expats
Rental hikes will also be observed in outlying neighbourhoods as firms eye for more affordable places outside the central area.
2 in 5 professionals expect to change employers in the year: report
Close to three in 10 are actively seeking new positions.
Nine in 10 employees expect a bonus in 2019
A majority or 73% anticipate an annual bonus of up to two months.
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