News
Far East Consortium unit clinches Kai Tak site for $2.45b
It is designated for non-industrial use.
A fifth of old Hong Kongers still have part-time jobs: survey
Blame Hong Kong's notoriously high cost of living.
Hong Kong banks' loan growth hit 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
Hong Kong gears for 5G rollout in 2020
Around 1,000 government premises will open for applications.
Voluntary turnovers rates in tech hit 13.9% in Q2
Local turnover rates are higher than those in India, Japan and Taiwan.
A third of Hong Kongers spend $746 on monthly subscription services
35% have been charged with bank fees, most of them because they forgot to pay.
Hong Kong and China enterprises invest in Peru projects
MOUs include investments in energy, coffee trade, and mining projects.
Central still the world's priciest office market for fifth consecutive year
Occupancy costs run at $2,665.8 psf per annum.
Possibility of recession looms for Hong Kong: Finance Chief
Ongoing social unrest and the escalating trade tensions place downward pressure on economic growth.
Property sales crash 24.6% to $54b in July
Buyers remain hesitant to purchase property amidst an uncertain economic environment.
Year-end retail sales may fall by up to 8.1% as protests ravage Hong Kong
The sales decline may be even worse than the 2014 Occupy Movement.
How YouTrip is taking away the pain of overseas payment
The fintech startup helps its users save up to 3.5% on transaction fees and can even go as high as 5% in some cases.
Bill Gates-backed biotech in diagnostic push
PHASE Scientific's product portfolio has expanded to include major infectious diseases such as hepatitis and influenza.
ICW on digitising the supply chain
The firm works by connecting various international laboratories, making use of its big databases, artificial intelligence and team.
Restaurant receipts down 0.4% to $28.7m in Q2
Receipts of bars, Chinese restaurants and non-Chinese restaurants fell during the quarter.
Prudential ties up with telemedicine firm MyDoc to launch digital health app
Pulse will provide health tools and consultations for 11 markets in Asia.
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