Home prices in Hong Kong, the least affordable city in the world, hit another all time high in January, government data showed on Tuesday. The home price index in January rose 0.62 per cent to 309 from 307.1 in December, extending a 10 month-rise ... ( read original story ...)
Hong Kong developer sees 57pc profit rise as sales soar
Sun Hung Kai Properties Ltd, Hong Kong's largest developer by market value, said half-year underlying earnings rose 57pc, as sales benefited from a surging home market. Profit excluding property revaluations climbed to HK$14.6bn (€1.78bn) in the six ... ( read original story ...)
Tokyo overtakes Hong Kong to become most expensive business travel location
Tokyo becomes the most expensive location in the Asia-Pacific region for business travel in 2016, while Hong Kong has fallen to the second place, a survey from consulting firm ECA International showed. The London-based company released its latest Daily ... ( read original story ...)
SDEV promotes closer bilateral business ties in Indonesia (with photos)
Mr Ma is leading a Hong Kong delegation to visit Phnom Penh in Cambodia and Jakarta in Indonesia to promote the development of professional services and business co-operation between Hong Kong and the two places. The delegation left Cambodia and arrived in ... ( read original story ...)
Hong Kong Jan retail sales slip as strong HK$ hurts business
* Jan retail sales fall 0.9 pct y/y in value, down for 23 months * Jan jewellery sales fall 3.9 pct, vs 2.3 pct rise in Dec * Tourist arrivals up 4.8 pct in Jan, vs 5.4 pct rise in Dec HONG KONG, March 2 (Reuters) - Hong Kong's retail sales fell for the ... ( ...
Vancouver's historic downtown Rosewood Hotel Georgia to be sold for $145 million
It was brought under new management. This week, a deal was made for it to be sold to a joint-venture of Hong Kong-based firms owned by two brothers for $145 million. Able Shine Enterprises and Magnificent Hotel Investments will together buy the hotel from ... ( read original story ...)
Wine and dining in contemporary Hong Kong
(Hong Kong Tourism Board) Pairing food and wine is only natural ... “Consumers are all about perception; it affects business if you have one, two or three stars.” Leung Haynes elaborates: “Food is in some ways about status, even more so now ... ( read original story ...)
Virgin Atlantic closes Clubhouse lounge in Hong Kong
will instead be afforded complimentary access to the nearby Plaza Premium Lounge in Hong Kong located at West Hall, Level 7, Departure level, Terminal 1. In a statement to Business Traveller Asia-Pacific, the airline said: “It’s a difficult decision to ... ( read original story ...)
Should Hong Kong books be sold on the mainland? Carrie Lam thinks liaison office can work this out
This, she argued in an interview with the Post, was to enable Hong Kong books to be circulated on the mainland, where the government exercised censorship of published materials. “Truly there are things that we need the liaison office to bridge with ... ( read original story ...)
SmarTone appoints Lam as independent non-executive director
Hong Kong mobile operator SmarTone has appointed Kenny Lam Kwok-fung as an independent non-executive director of the company, effective immediately. Lam is currently president of Noah Group. Prior to Noah, Lam was a Global Partner at McKinsey & Company ... ( read original story ...)
Hong Kong stocks edge higher after Trump speech light on detail
Hong Kong stocks nudged higher amid volatile trading on the first day in March after US President Donald Trump’s first speech to Congress failed to provide solid details on policy. Trump emphasised his tax reform and infrastructure policies but produced ... ( read original story ...)
Ice seizure: Hong Kong national jailed for minimum 18 years over record WA meth haul
A Hong Kong man caught with more than 300 kilograms of methylamphetamine — the largest seizure of the drug in Western Australia — will have to spend at least 18 years behind bars. Yik To Ng, 21, was arrested at a house in suburban Canning Vale in ... ( read original story ...)
Fitch Rates China Everbright Bank Hong Kong Branch's USD Notes 'BBB(EXP)'
(The following statement was released by the rating agency) HONG KONG, February 28 (Fitch) Fitch Ratings has today assigned an expected 'BBB(EXP)' rating to China Everbright Bank, Hong Kong Branch's proposed long-term senior unsecured US dollar notes to be ... ( read original story ...)
Hong Kong public hospitals struggle to find enough beds to cope with demand
Bed occupancy rates at Tuen Mun Hospital have topped 100 per cent in both medical and paediatric wards as the public health sector struggles to cope during the peak flu season. Secretary for Food and Health Dr Ko Wing-man told lawmakers in a written reply ... ( read original story ...)