Hong Kong

The government has set aside $10b to enrich the I&T ecosystem.

Up to 500 private cars can now cross the bridge per month.

This is due to the rising cost of capital and tightening monetary conditions amongst others. 

Officials are still discussing whether HK citizens will conduct pre-quarantine in the city or Shenzhen. 

In Asia-Pacific, it ranked second.

About 23% of investors have more than 15% of sustainable investments in their portfolio.

But China's lockdowns strategy will counter overseas travel.

Bridgeway Prime Shop Fund and Owl Square Co-living acquired the properties.   Six retail shops and nine residential units at Kin Sun Building, Nos. 11-19 Yen Chow Street in West Kowloon were sold separately to two buyers for a total consideration of $100m, its marketing agent, JLL announced.   Bridgeway Prime Shop Fund acquired the retail shops for $70m, whilst Owl Square Co-living Founder Max Poon and AL Group Limited Chairman Laurence Chan got a hold of the residential units.   “All these six connecting corner shops with wide frontages are very rare in the area. With numerous residential redevelopment projects nearby, I am very optimistic about the price appreciation potential of this investment,” Edwin Lee, founder of Bridgeway Prime Shop Fund, said.   Accordion to Lee, the shops provide a passing yield of 3% and could achieve a yield of 5% when projects nearby the properties are completed.    Poon, for his part, said he will transform the nine residential units into “high quality and affordable living options for young professionals.”

Flight searches of Singaporeans rose 250% following the announcement. 

Values of exports and imports of goods fell by 14.3% YoY and 16.3% YoY, respectively.

The pilot scheme will reimburse up to 80% of the training cost.

The leasing market expects a pickup in activities.

The company has maximised its value by laying a strong foundation of a cloud-agnostic strategy and a multi-cloud model. 

It has a gross floor area of 345,423 sq. ft. across 27 storeys.

It will be sold by public tender.

They will no longer be required to undergo quarantine in designated hotels.