Hong Kong

Second batch of Employment Support Scheme subsidies released

Employers received a total of $6.5b to get through from June to August.

Second batch of Employment Support Scheme subsidies released

Employers received a total of $6.5b to get through from June to August.

Average pay rose 2.2% in March

Only 39% of the companies reported a decline in wage rates.

Dairy Farm launches two concept stores in Hong Kong

This includes a new 7-Eleven concept shop and a revamped Market Place.

Exports down 7.4% in May

Exports to Asia as a whole went down by 4.6%, led by the 45.5% drop in the Philippines.

Hong Kong crowned as most financial literate market globally

Locals’ financial literacy improves albeit weak money behaviour.

Luxury residential segment gains momentum in May

Quantitative easing in most regions supports luxury property prices.

Deliveroo rolls out catering services

This new feature facilitates cross-district delivery from over 50 catering partners.

How FDT is modernising the trust scene

FDT is behind Asia’s first ​Rapid Settlement and Clearing Network (RSCN).

Jeweller Tse Sui Luen's profit tumbles 265.6% in FY2020

Its turnover likewise crashed 28.3% YoY over the same period to $2.91b.

ESR launches $5.32b logistics fund in Australia

This A$1b fund will be used to develop strategically located sites in three cities.

Bank transfers, digital wallets spur e-commerce market

The two methods are rising at CAGR of 12% and 11%, respectively.

Total employment down 3.8% YoY to 37,310 in March

Total number of vacancies saw a shortfall of 4,960 compared to the same time previous year.

Inflation up 1.5% in May

Price growth of pork, vegetables and private housing rentals were weaker.

As Customers Flock Online, Scams Proliferate. How Can You Win the Trust of Customers?

The pandemic has set in motion a complete change in customer shopping behaviour. Not only are people increasingly going online to buy items which they previously preferred to buy offline, such as medicine and groceries, but those earlier uncomfortable with online shopping are now giving it a try.

Vehicle maintenance workshops to receive $50,000 subsidy

The regulator expects to accept applications starting mid-July.