Hong Kong
Housing Bureau picks 4 more sites to build light public housing units
The bureau now has eight sites for the project.
Housing Bureau picks 4 more sites to build light public housing units
The bureau now has eight sites for the project.
Private flat supply pegged at 105,000 units in next 3-4 years
The figure is 10,000 more than the previous estimate.
Exchange Fund posts investment loss of $202.4b in 2022
It also ended the year with a negative investment return of 4.4%.
Hong Kong companies to ramp up hiring of sales and marketing professionals
They are recruiting sales and marketing specialists to boost digital growth, customer acquisition, and marketing performance.
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%.
Chinachem Group, Urban Renewal Authority clinch PropTech - Real Estate win at HKB Technology Excellence Awards 2022
Their redevelopment project on Tonkin Street is the first private residential development built by a Modular integrated Construction by a private developer in Hong Kong.
Government forms task force to promote Hong Kong branding
The task force will be led by Financial Secretary Paul Chan.
Home price index slips by over 2% in December 2022
Price index stood at 332.5, the Rating and Valuation Department reported.
HZMB private car quotas up by 1,000
Hong Kong and Macau governments agreed to raise the regular quotas.
Exports value fall 28.9% YoY to $348.1b in December 2022
The deteriorating external environment contributed to the fall.
Foreign investment in Hong Kong’s commercial property still in ‘negative’ territory
The Investment Sentiment Index in the city dropped to -36 from -39.
Credit and charge card payments to exceed $800b in 2026
The market is expected to grow at a CAGR of 3.9% between 2022-2026.
HKEX reveals high compliance rates of 2021 issuers
But there are issues such as modifications of audit opinions by auditors.
HKEX makes management changes to oversee listing divisions
The Securities and Futures Commission approved the appointments.
Basic food products cost almost a quarter of Hong Kongers’ minimum wage
Employees earn a minimum of $7,500 net monthly.
Hong Kong amongst top APAC countries with high EV discussion
Over 124 companies are discussing EV in Hong Kong.
EY partner: Collaboration essential in ‘making meaningful impacts’
Andrew Lee believes such ideals amidst companies’ capabilities post-pandemic.
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