News

Home sales rose 4.9% in May to 8,208 units

One house at Mount Nicholson sold for $916m.

Home sales rose 4.9% in May to 8,208 units

One house at Mount Nicholson sold for $916m.

Retail sales slipped 4.5% in April

Sales of jewellery, watches and luxury goods sector fell 11.4%.

Inflation eases to 2.8% in May

The prices of electricity, gas and water fell.

Private sector vacancies up 4% to over 79,000 in March

Vacancies in transportation, storage, postal and courier services rose 18%.

FWD in talks to buy MetLife Hong Kong unit amidst acquisition spree: report

A deal could value MetLife Hong Kong at less than US$400m.

Hong Kong medical costs up 9.3% in 2018

The situation isn't any easier for Singapore where costs grew 10%.

Large firms at risk of losing 30% of female employees and managers: study

This could result in losses of US$500,000 per senior leader.

Hong Kong ranks as fourth costliest city for expats

A stronger HKD and higher price tags drove up its cost of living.

ESR Cayman shelves what could have been Hong Kong's largest IPO in 2019

If the share sale pushed through, the firm would have raised an estimated $9.12b.

Tourist arrivals up 5.2% to 5.57 million in April

Mainland China visitors accounted for three-fourths of visitor arrivals.

Civil Service Bureau proposes 5.26% pay hike for lower income civil servants

The proposed adjustment took into account cost of living and pay claims, amongst others.

New virtual banking licenses spur demand for data jobs

The hottest roles will include data scientists, UI engineers, and full stack developers.

Retail sales volumes dipped 0.8% in March

Upgrades in transportation links may not be strong enough to offset visitors' weakening purchasing sentiments.

Central's Grade A rents hold firm at $161 amidst 1.7% vacancy rate in April

Decentralisation also slowed due to a low availability of spaces over 20,000 sqft.

The Asian Export Awards 2019 is now open for nominations

The search is on for the leading exporters in Asia.

Home sales hit 7-year high in May

Volumes rose by 49% YoY to 8,208 deals.