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%.

Hotels get pricier as high-speed rail delivers more business

The low supply of hotel rooms will push prices up.

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.

Hong Kong jobseekers less likely than Singaporeans to hunt for overseas jobs

They are more content with local employment opportunities.

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%.