News
Singapore's luxury home market dislodges weakening Hong Kong in Q3
Posh home prices in Singapore rose 13% whilst Hong Kong’s ground to a halt at 5.5%.
Singapore's luxury home market dislodges weakening Hong Kong in Q3
Posh home prices in Singapore rose 13% whilst Hong Kong’s ground to a halt at 5.5%.
One-way permit scheme beefed up workforce by 700,000 employees
Around 400,000 workers came via the scheme whilst 300,000 were the migrating Mainland spouses.
Middle-level managerial salaries up 1.2% in June
Those in the building and construction segment had the largest salary gains.
New home sales crash to 16-month low at $11.2b in October
The dismal take-up comes after banks hiked lending rates.
Hong Kong beefs up e-wallet identity verification
Enhanced security features include two-factor authentication process.
Negative equity looms as property market weakens
The value of small flats have crashed by as much as 20%.
Typhoon Mangkhut rains on HKIA's parade as September aviation figues take hit
There were no flight movement for over 20 hours.
Hotels get pricier as high-speed rail delivers more business
The low supply of hotel rooms will push prices up.
Hong Kong suspends e-wallet top-ups amidst fraud reports in blow to Smart Banking push
Customers were hit by a combined loss of $180,000.
Wanchai office market continues to outperform Central in September
It led the sector in terms of rental growth for three straight months.
Hackers hit Cathay Pacific as data on 9.4 million passengers breached
Around 860,000 passport numbers and 245,000 identity cards numbers were accessed.
Chinese biotech firm Innovent Biologics raises $3.3b in IPO
It sold 236.5 million shares at $13.98 apiece.
Export growth slows 4.5% to $375b in September amidst typhoon and trade woes
This comes from a 13.1% expansion in August.
Hong Kong jobseekers less likely than Singaporeans to hunt for overseas jobs
They are more content with local employment opportunities.
Hong Kong Business opens nominations for Made in Hong Kong and Designed in Hong Kong Awards 2019
Nominations will close on 11 January 2019.
Developers mull $46b debt raise to fund Yau Tong Bay housing project
It could be the largest mixed-use project in 21 years.
Inflation picks up pace at 2.7% in September
The increase in food prices hit 5.1%.