South China Morning Post reports that the startups are paying an average of $1.3 million per month in rent. The rent translates to cost per square foot of $307 for office space. Per standards, it ... ( read original story ...)
Office rents in Hong Kong’s Central, the most expensive on the planet, will only go up even amid exodus, says district’s biggest landlord
Hongkong Land is London-listed and ultimately controlled by ... including investment banks BNP Paribas and Goldman Sachs, to move some business functions to cheaper locations, while retaining head off... ( read original story ...)
Hong Kong poised to take an axe to multiple directorships to enhance corporate governance
How many is too many? Anybody with a full-time job, and just three director’s seats, would already be “very busy,” said Winnie Peng, who specialises in family business and entrepreneurship at the Hong ... ( read original story ...)
Inter Partner Assistance Hong Kong Ltd. Forms a Partnership With The CareVoice To Provide Fully Digital Health Journeys and Integrated Healthcare Solutions to the Hong Kong …
HONG KONG--(BUSINESS WIRE)--Inter Partner Assistance Hong Kong Ltd. has partnered with The CareVoice to provide fully digital health journeys and integrated healthcare solutions to the insurance marke... ( read original story ...)
Hong Kong’s new fight against fast fashion
Global consumers purchased 60 percent more clothing in 2016 than in 2000 and only kept each item half as long, a report by McKinsey consultancy found. Hong Kong alone sends 343 tonnes of textiles to t... ( read original story ...)
Hong Kong’s minimum wage workers to be paid HK$3 an hour more, and no one is happy about the increase
Hong Kong’s hourly minimum wage is expected to increase by HK$3 an hour, with government advisers reaching an agreement after “fiery” discussions. The impending change has angered labour unions and th... ( read original story ...)
Prudential, Sun Life among bidders for CBA’s Indonesia insurance business: sources
HONG KONG (Reuters) - At least five insurers ... is the latest case of foreign insurers wanting to expand their life business in Southeast Asia, a region of more than 600 million people. ( read original story ...)
CareVoice, China’s TripAdvisor-style health insurance start-up, launches in Hong Kong as it eyes Asian expansion
A start-up that was the first to allow people in China to review and rate hospitals, clinics and doctors – a medical equivalent of TripAdvisor – launched its services in Hong Kong on Thursday. Shangha... ( read original story ...)
Cross-border buses start trial runs on Hong Kong-Zhuhai-Macao Bridge
Cross-border buses operated by Hong Kong companies on Friday started trial runs on the Hong Kong-Zhuhai-Macao Bridge (HZMB) in preparation for the bridge's upcoming opening. The trial runs, jointly ar... ( read original story ...)
Hong Kong government should fully subsidise costs for employers under plan to extend maternity leave, business and union representatives say
The Hong Kong government should bear all extra costs for employers – which could be more than HK$1 billion yearly – under a proposal to increase maternity leave for workers by four weeks, two high-pro... ( read original story ...)
HK-funded startups accelerator set up in Shenzhen
A Hong Kong-funded accelerator was established in Shenzhen on Thursday, with the aim of helping Hong Kong startups develop on the Chinese mainland. ParticleX, as the accelerator is known, is funded by ... ( read original story ...)
4 unique electronics startups to meet in Hong Kong this October
As a trading hub, Hong Kong often plays host to the world’s businesses and investors. With more than 80 exhibitions each year, the port city attracted some 72,000 exhibiting companies and 2.4 million ... ( read original story ...)
Hong Kong Launches First High Speed Rail Service
Hong Kong's bullet train allows visitors to travel quickly and conveniently between Hong Kong and several cities across Mainland China. (Photo: Business Wire) Hong Kong's bullet train allows visitors ... ( read original story ...)
Hong Kong retailers filling up empty shops, sending vacancy rates in tourist areas to 3-year low as landlords cut rents
Business sentiment has been on the upswing this year. More tourists are helping boost sales for street-level retailers in tourist hot spots, property analysts note. Tourist arrivals to Hong Kong incre... ( read original story ...)