News

Happiest place on earth no more: housing woes may hit Disney

Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.

Happiest place on earth no more: housing woes may hit Disney

Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.

Producer e-waste responsibility scheme rolls out this year

It shifts the burden of recycling of old and unwanted appliances to suppliers.

Office net take-up hits 209,900 sq ft in January

Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.

Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3

PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.

Government mulls imposing $350 levy on property recipients

If passed, the PMSA will collect start collecting from property transferees by July 1.

Small brokerages wield large influence over Hong Kong's markets

They’re even gunning for a permanent seat at the HKEX board.

Unemployment steady at 2.9% in November-January

This translates to 106,600 unemployed persons.

Inflation up 1.7% in January

The price of utilities like electricity, gas and water spiked significantly by 10.2%.

Property transaction volume balloons 171% to US$7.4b in Q4

The office sector remains in hot demand with capital values rising 17.5%.

Workers rejoice: Nearly half of employers will raise wages in 2018

However, the increase will only range from 3 to 6%.

Nearly half of bosses urge greater private sector involvement in healthcare

They believe this can enhance services particularly for the elderly.

HKIA passenger traffic down to 6.13m in January

This comes as the Lunar New Year fell on February instead of the first month.

3 in 5 executives laud government fintech initiatives

They belive it is key to maintain Hong Kong's financial dominance.

High-paying jobs open in cybersecurity and mobile development

Developers skilled in UI/UX/HTML/CSS can earn as much as $840,000 yearly.

Prime rates will not immediately rise after Fed hike: OCBC

Banks have enough money to delay its implementation.