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Hong Kong drops to 9th on global competitiveness ranking

The city-state retains its place in top 10 for 5 consecutive year: strong infrastructure helps, weak innovation drags. The Global Competitiveness Report 2016-2017 was released on 28th September by the World Economic Forum, a Geneva- based non-profit foundation. The report… Continue Reading →

Photographer sheds light on hardship of the deprived

Tin sheds on rooftop, coffin cubicles, and “cage houses” are homes of 200,000 poor Hongkong-ers In 2016, Society for Community Organization (SoCO) are working with photographer Benny Lam again to jointly organize a “Trapped” photo exhibition, highlighting poor housing in… Continue Reading →

HSBC rents co-working space for cutting cost?

The biggest deal of membership subscription in Hong Kong yet: 300 I.T. specialists are moved to a hot-desking site in Causeway Bay Setting up transitional office in Causeway Bay to house its digital and transformation teams requires long-term leasing contract… Continue Reading →

China insurers accelerate equity investment in Hong Kong

China’s insurance funds are allowed to invest in the Hong Kong equity market through the Shanghai-Hong Kong Stock Connect scheme In 2012 Beijing announced it would allow insurance companies to invest up to 15 per cent of their assets overseas… Continue Reading →

Hong Kong home-built plane flies around the world

Two-seater aircraft built by Hong Kong pilot and students takes off to journey over 25 countries Hong Kong’s first-ever homebuilt aircraft by Hong Kong pilot and students was back in the city after its test flights after its flight certification… Continue Reading →

8000 HK-ers flocked to home flat viewing

Developers are selling flats at lower-than-expected price Sun Hung Kai Properties (SEHK:0016), sole developer of Yoho Town project which is a multi-phase residential housing and shopping malls complex adjunct to Yuen Long MTR station, said more than 8,000 people visited… Continue Reading →

Modified recreational vehicles are sold as motorhomes

Where to live in Hong Kong? In the fact that being one of the most densely populated places in the world, a idea of mobile living springs out among flat buyers. Some business is selling recreational vehicles (RV) with sales… Continue Reading →

“Quick” visa for foreign visitors entering Guangdong suspended

G20 summit security hits China travel VISAs from HKSAR Several foreign tourist groups in the city, led by Hong Kong tour agencies, have been refused entry into Guangdong province since last week due to a “system upgrade” on the mainland… Continue Reading →

Uber to sell China’s operation to rival Didi after cut-throat price wars

Huge loss in China market concerns the investors Analysts believe that Uber Technologies Inc has already lost US$2 billion in China in two years, investors push the US tech company to wave the white flag to a bruising battle with… Continue Reading →

Hong Kong marriage trend updates

Late marriage and high divorce rate are the trend in the city According to the latest government data, the number of marriage registration in 2015 is 51,609 which is a decade low. The median age for marriage for women was… Continue Reading →

Hong Kong regains the crown of world’s most expensive city for expats to live

Strong currency and barely affordable housing push Hong Kong to the top of the list According to the latest annual survey of 2016 Cost of Living Rankings by consultancy firm Mercer, Hong Kong has been named the world’s most expensive… Continue Reading →

Cooling China economy hits Hong Kong and Singapre

The banking boom days are officially over in Hong Kong and Singapore Asia’s two top financial hubs are facing a rapid growth deceleration with China’s slowdown and the continuing shrinkage of the financial industry striking both Singapore and Hong Kong…. Continue Reading →

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