Hong Kong

Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL

Despite increasing demand, vacancy still rose to 12.4% as of end-May.

Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL

Despite increasing demand, vacancy still rose to 12.4% as of end-May.

HK lifts amber travel alert for Malaysia except for the Sabah East Coast region

Residents planning to visit the region must exercise caution.

Approved mortgage loans soar 20.3% MoM in May

The increase was likely due to the uptick in applications during the same month.

Committee for care home manpower formed

It will be chaired by Dr. Lam Ching-choi.

Gov’t logs $71.9b deficit 

The figure was only for the first two months of the current financial year.

Chart of the Week: Hong Kong’s card payments market to grow 4.8% in 2023

Growth of e-commerce will spur card payments’ growth even further.

Average wage rate up 3.2% in March

Ongoing economic recovery is expected to drive labour demand.

HKMA, local bank association launch charter to prevent credit card scams

The industry is directed not to send SMS with embedded hyperlinks.

Gov’t reviews criteria for approving elderly healthcare voucher scheme

It will soon accept applications from Mainland hospitals.

HK Airlines launches additional widebody aircraft to speed up business recovery

The airline is also boosting its recruitment by looking for local and global talent.

Luxury brands mark return in HK’s retail leasing market

Chanel is amongst the brands that leased space in the city.

Gov’t greenlights 20 building plans in April

Of the plans approved, six are on Hong Kong Island.

The two thorns hurting Hong Kong’s land resumption plan

As the government intensifies its efforts to acquire private land for the Northern Metropolis and Northeast New Development Areas (NDAs) – for public housing and other public purposes – two crucial points are causing hiccups. 

MUFG Bank closes $7b sustainability-linked syndicated term loan facility 

The bank arranged the facility for HK-listed manufacturer, Kingboard Holdings.

Hong Kong resumes Cheung Muk Tau developments

The public housing developments will provide 3,480 flats.