Hong Kong

Expected salary increase has dropped to 10-15% in 2020.

Rents have dropped 1.6% MoM to $74.3 per sqft.

67% said they would do so for a higher salary.

Food products rose sharply at 13.3% due to elevated pork prices.

Close to 70 corporate leaders attended the awards ceremony.

The renowned furniture manufacturer showcased its volunteer efforts and saw a whopping increase in revenue.

The company develops their employees to the fullest potential in order to carry out their mission to save and sustain lives.

The deputy chairman led the company’s pioneering work in innovating living spaces.

Hong Kong Tramways won Executive of the Year, Innovator of the Year, and Team of the Year in the Transportation category.

The firm was recognised for its scoring 82% in employee engagement of the North Asia team.

The executive was awarded for leading Morningstar Asia’s “Strategic growth and expansion” project.

Yong's leadership saw the introduction of robotic process automation to the firm.

The company’s chief executive received the Executive of the Year Award for Financial Technology.

Unemployment in consumption and tourism sectors rose to 5% during the period.

Actively managed investment funds are important. Amongst other benefits, the capital pooled and invested through such actively managed investment funds provides financing for innovative new industries and technologies, which in turn drives broader economic development and growth. Hong Kong has for a long time realised this and successfully supported the growth of such active asset management industry here, providing one of the limbs that makes Hong Kong a truly great global financial centre.

This is the fifth-straight quarter of decline.