Hong Kong
With luxury site losing appeal, mass residential sites gain traction amongst developers
This as interest in acquiring luxury residential sites declined.
With luxury site losing appeal, mass residential sites gain traction amongst developers
This as interest in acquiring luxury residential sites declined.
HK-Mainland travel fully resumes
Given the resumption, the quota for cross-boundary travellers has been scrapped.
Retail sales value increases 1.1% YoY in December
The total value stood at $33.7b.
HK rises to fourth rank in global data centre market report
It improved its rank due to strong connectivity and consistent demand.
Property sales rise by 24.2%
More than 4,400 sale and purchase agreements were recorded in January.
HKMA raises its base rate to 5.00%
The new rate took effect on 2 February.
ZA Bank names former chief executive of rival virtual bank as new CEO
Ronald Iu joined ZA Bank’s parent ZA International in February 2022.
Swire Properties buys 40% stake in premium residential site in Bangkok
The transaction was worth HK$570m.
HK is 7th most crypto-ready market in the world
The city is home to 251 crypto-based companies.
Economy contraction narrows in Q4 at 4.2%
In Q3, the economy shrank by 4.6%.
Hong Kong posts $183.2b deficit
Fiscal reserves stood at $773.9b.
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
Should firms continue to offer high pay raises?
Randstad advised that firms should offer alternative benefits.
Hong Kong ranks as the third market with most social media users
There are 6.73 million users in the city.
How will human resources roles grow this 2023?
HR professionals will also be responsible for budget management.
These are the top in-demand tech roles in 2023
Employers are still in need of IT professionals for digital shift.
Job switchers in property, engineering industry expect up to 25% salary increase
There will be demand in middle to senior levels in four specialisations this year.
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