Hong Kong

Hong Kong's retail sector may see its worst period yet as stores close down

Thousands of employees in the industry are set to lose their jobs in the next six months.

Hong Kong's retail sector may see its worst period yet as stores close down

Thousands of employees in the industry are set to lose their jobs in the next six months.

Lack of government support could turn Hong Kong's economy for the worse

Its $19b fiscal stimulus package might be too small and regressive, according to experts.

What Constitutes a Highly Effective Small Business Website?

Not so long ago, having a business website, no matter how slapdash, was a big deal. But nowadays, customers expect the smallest of small businesses to have a website. Online shopping in Hong Kong (and around the globe) has become extremely commonplace.

Hang Seng launches Stock Connect Biotech 50 Index

Jiangsu Hengrui Medicine tops the list with a 10.19% weighting.

Office net absorption slumps to 189,300 sqft in February

Rents in Central also contracted by 3.2% MoM to $116.1 psf.

Hong Kong adults more financially literate but show weak money behaviour

Younger adults are more likely to overspend and end up in debt.

Exports down 22.9% in January

Double-digit declines were recorded in the USA, Japan, the Mainland and Taiwan.

Traditional insurers lead but digital firms are rapidly rising

Virtual insurers are getting out fresh products for underserved segments in the insurance market.

ITC earmarks $2m per R&D project to curb COVID-19

It will fund R&D trials related to detection, diagnosis or surveillance of the virus.

Link REIT bags $948.04m sustainable loan from DBS

Proceeds will be used for general corporate funding purposes.

Cathay Pacific slashes passenger capacity by 96%

Skeleton flights to operate in April and May due to demand-drop and travel restrictions.

Hong Kong, Singapore, Osaka hailed world's costliest cities for expats

Asian cities continue to have the most expensive groceries.

Property valuation to take a hit if political situation worsens

There has been growing demand from Mainland occupiers in the city’s office sector.

HKSTP floats new round of financial subsidies

It is capped at $75,000 for each company, benefitting 400 incubatees.

Hong Kong lags Singapore as freest economy in the world

Free economies are said to enjoy incomes more than double the global average.

Jobless rate expanded to 3.7% in February

It was dragged down by the construction, retail, accommodation and food services sectors.

Cathay Pacific's passenger count crashed 54.1% in February

Average Lunar Year numbers of 90,000 dropped to only 20,000 this year.