News

Cathay Pacific considers drier storage options for unused planes

It is examining plans to store more than 50 widebody aircraft out of 236 planes outside Hong Kong.

Cathay Pacific considers drier storage options for unused planes

It is examining plans to store more than 50 widebody aircraft out of 236 planes outside Hong Kong.

Hong Kong ranked as sixth priciest market for expats globally

Prices dropped amidst a double whammy of the political unrest and the pandemic.

6 out of 10 workers feel inadequately skilled for the future: survey

Almost half believe that their employers will re-skill and find them another position.

Hong Kong's IPO market reached $87.5b in H1 2020

This is a 22% increase from the same period in 2019.

Online-to-offline model gains ground in Hong Kong

The extended operating hours that the internet allows has attracted merchants towards selling online.

Hong Kong springboards new R&D hub

Eligible firms may receive monthly allowances up to $32,000.

Federated Hermes questions HSBC's support for security law

The firm expects companies to back moves supporting human rights.

Retail sales down 32.8% to $26.8b in May

It narrowed from April following a stabilised local epidemic situation.

Hong Kong, Thailand establish special travel arrangement

It aims to explore relaxation measures to resume cross-boundary business exchange.

Government facilitates travel scheme for arbitral parties in Hong Kong

It gives more freedom for non-Hong Kong residents to enter the market.

Second batch of Employment Support Scheme subsidies released

Employers received a total of $6.5b to get through from June to August.

Average pay rose 2.2% in March

Only 39% of the companies reported a decline in wage rates.

Exports down 7.4% in May

Exports to Asia as a whole went down by 4.6%, led by the 45.5% drop in the Philippines.

Hong Kong crowned as most financial literate market globally

Locals’ financial literacy improves albeit weak money behaviour.

Luxury residential segment gains momentum in May

Quantitative easing in most regions supports luxury property prices.

How FDT is modernising the trust scene

FDT is behind Asia’s first ​Rapid Settlement and Clearing Network (RSCN).

Bank transfers, digital wallets spur e-commerce market

The two methods are rising at CAGR of 12% and 11%, respectively.