News

Global trade is negatively affecting leasing demand for industrial space.

More leases are expected in the future as inbound visitor figures sighted to rise.

JLL attributed the increase to the handful of primary projects launched during the month.

Net absorption was at -29,000 square feet.

The aviation industry’s recovery will slow down.

The new rate took effect on 22 September.

Given the drop, vacancies rose by 38% YoY.

The public may also send feedback until 19 December.

The collaboration will last three years.

Exporters in the jewellery sector were the most positive about their short-term prospects.

The fuel will be delivered over a period of seven years starting in 2025.

Total exports and imports of goods fell by 16.2% YoY and 16.9% YoY, respectively.

The total number of unemployed people stood at 161,900.

In the first seven months of 2022, prices fell 4.5% YoY.

The new rule also applies to Hong Kong residents.

The extension will benefit 24,000 tenants.   The government said it will extend the 75% rental or fee concessions to its properties, and short-term tenancies until 31 December to benefit 24,000 tenants.