News
Total retail sales down 8.9% in the first 10 months of 2016
No thanks to the 8.2% drop in Mainland visitor arrivals.
Total retail sales down 8.9% in the first 10 months of 2016
No thanks to the 8.2% drop in Mainland visitor arrivals.
Cathay Dragon eyes replacing 23 planes in narrowbody fleet
The first of the new planes is expected to arrive by 2019.
Spike in morgage costs turns Hong Kong property shares toxic
The Hang Seng Properties Index plunged 2.6%.
Sales of luxury goods plunged 19.7%
No thanks to the consistently dropping arrivals from mainland.
Hong Kong Central's Grade A office rents to inch up 0-5% in 2017
Rents are now up to 3.3 times costlier than in non-core areas.
How do billionaires in Hong Kong manage to avoid property taxes?
One retail landlord saved almost $17m on taxes.
Hong Kong elbowed out of world's 10 costliest cities for expats list
It dropped 2 places from last year's 9th spot.
Hong Kong millionaires to grow by 6.2% per annum to 156,000 in 2021
There were 115,000 millionaires in 2016.
Hong Kong banks' property loans expected to perform well
Loan-to-value ratios are amongst the lowest across Asia Pacific.
4 in 5 Hong Kong millennial employees feel the need to upgrade digital skills
They eye securing their future employability.
CLP gets go-ahead to build a new gas-fired unit in Hong Kong
The 550MW unit will be built in 2-3 years.
Home prices to increase 5% in 2017
It has become harder for Hong Kong developers to win development sites.
Will Hong Kong's OOCL be eaten up by the world's biggest container lines?
OOCL has 2.7% of the world's market share.
Why Hong Kongers enjoy work-life balance less than Singaporeans
They bring home work more often than those in Singapore.
Almost 3 in 5 China, Hong Kong bosses eye investment hike in 2017
This is despite growing pressure in bottom line.
Hong Kong's demand for Grade A offices not hurt by fleeing multinational firms
Demand has even jumped by 4.1m sq ft.
Retail sales now more driven by local consumption than tourist spending
The share of local expenditure in total sales reached 67% in 1H16.