News
Posh home supply at the Peak set to drop by nearly a third
Around 13 units will be available between 2018 and 2020.
Posh home supply at the Peak set to drop by nearly a third
Around 13 units will be available between 2018 and 2020.
Retailers ramp up expansion plans in August but shun Central street shops
Luxury brands have found a new hot location.
Bank loan growth slows to 8.4% in August as business sentiment sours
Domestic financing and mortgages took a beating.
Faster Payment System goes live
Customers can now make and receive real-time payments.
Tourist arrivals rally 17.4% to 5.89 million in August
Sustained influx of Mainland visitors drove tourism levels.
Over 3,300 flats to be available in Q4
Around 2,630 will come from the sale of four residential sites.
Hong Kong faces world's greatest housing bubble risk: UBS
The SAR is also the most overvalued housing market.
Home sales crash 21% in August amidst buyer pull out
The dismal market take-up translated to 4,882 sold units.
Office vacancy rates let up to 4.2% in August
The wave of new supply relieved the pressured market.
Exports weather through trade woes after rising 13.1% to $376.3b in August
This extends a 10% growth recorded in July.
Workers rejoice: Six in 10 firms hiked average wages in June
The average wage rate inched up 1.2%.
Government urged to boost home density in Kowloon and New Territories
The aim is to bring home density levels to that of Hong Kong Island.
Hong Kong ends era of cheap money after hiking base lending rates to 2.5%
Banks are widely expected to hike prime rates soon.
Hong Kong retains title as world's freest economy
The SAR ranked top in international trade freedom and regulation.
Hong Kong beefs up defense with cybersecurity scheme
Members can share best practices and insights to boost cyber resilience.
Proposal converting New Territories brownfield sites wins industry support
The option can unlock land for housing and cause little environmental damage.
Hong Kong mulls remote bank account opening in the Mainland
Facial recognition technology and biometric methods may be used.
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