Hong Kong ranked 1st as world’s most competitive economy

Hong Kong placed first for 2 consecutive years The International Institute of Management Development (“IMD”), Swiss research institution, published its latest World Competitiveness Yearbook 2017 which compared and ranked 63 economies based on 4 major indicators namely “economic performance”, “government… Continue Reading →

Expensive Housing Drags Hong Kong’s Quality-of-Living Rankings

Singapore tops Japan as the best Asia’s city for living The annual survey by Mercer, used by multinational companies to design expat packages, ranked Hong Kong 71 out of 231 cities for quality of living – dropping one spot from… Continue Reading →

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 →

Hong Kong ranks after Singapore in financial centre index

Competitiveness of Hong Kong slides The latest index released by Z/Yen Group shows Singapore has overtaken the SAR as the No 3 global financial center. As the dominant financial centre to Chinese economy, Hong Kong’s financial center status is irreplaceable… Continue Reading →

HK prime office rents are leading worldwide

Prime office rents in average costed $255 per sq. ft. in the first half year of 2015. Knight Frank released its Global Cities 2016 Report which studied the cost of renting office space in high-rise across worldwide metropolises between Q4 2014 and Q2… Continue Reading →

HK ranked 6th of the wealthiest economy worldwide

Hong Kong ranked over the US. US’s Global Finance Magazine released its survey of The World’s Richest Economies on 13 July, Hong Kong ranked 6th richest place in the world, while Qatar ranked the top. The magazine analyzed the latest International Monetary Fund… Continue Reading →

HK ranked 2nd the most affordable city to live wordwide

Ranked the most expensive city in Asia in terms of living cost, according to consultancy Mercer. Mercer, a global consulting firm, released its Cost of Living Survey 2015 on 17 June, HK is positioned as the 2nd most expensive city for expatriates to… Continue Reading →

HKSAR ranked 7th most competitive economy

For the recent business environment, general criticism to the problem of high property prices and rents in Hong Kong and these would discourage oversea entrepreneur and investor. Such as finance, logistics, tourism and professional services which are so-called “conventional economic… Continue Reading →

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