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  1. Economy to rebound, IMF says

    Posted Apr 18th 2012, 12:00am

    ... Charlotte So and May Chan China's economy should rebound in 2013 despite slowing property and export sectors, the International Monetary Fund says. In its latest World Economic Outlook report, the IMF said that China's GDP should rebound to 8.8 per cent next year despite the internal risks. Separately, HSBC forecast Chinese economic growth would accelerate to 8.3 ...

  2. Swire Pacific likely to boost earnings 22.3pc

    Posted Aug 03rd 2009, 12:00am by Sandy Li

    ... in Hong Kong and one million sqft in Beijing. It plans to increase its investment properties to 24 million sqft by 2013, of which eight million will be on the mainland and 16 million in Hong Kong. ... by investors,' he said. With a high-quality investment property portfolio including Pacific Place and Taikoo Place, Mr Li said Swire's long-term outlook remained promising. In the residential ...

  3. Offices still vacant but Hysan is optimistic

    Posted Aug 07th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Hysan Development, the biggest landlord in Causeway Bay, remains confident about the outlook for the office market, despite the occupancy rate of its new ... are not pessimistic about the market outlook and we receive inquiries for the office space every day,' said Lau Siu-chuen, deputy chairman of Hysan. He said Hong Kong's economic growth for this year ...

  4. HK economy contracts 0.1pc on decline in exports

    Posted Aug 11th 2012, 12:00am

    ... mounting headwinds to the global economy, the external environment would thus remain difficult and continue to overshadow Hong Kong's export outlook in the near term.' Total exports ... and imports are predominantly re-exports to and from the mainland. Chan said the economic outlook for the euro zone remained dim. The overall jobless rate across the nations using the common currency ...

  5. No sign builders' cost rises will slow

    Posted Sep 21st 2011, 12:00am

    ... to nearly HK$1,500 by 2013. 'Starting from last month, all bar benders received a daily wage increase,' Yau said. Under an agreement announced in March between the Hong Kong Construction Industry Bar Bending Workers' Union and the Hong Kong Bar-Bending Contractors Association, daily wages rose from HK$1,100 to HK$1,230 from August. By 2013 the daily wage will rise to HK$1,490. ...

  6. Property - Hong Kong & China - COMMERCIAL

    Serviced offices rise in popularity as demand for grade-A space wanes

    Posted Jan 16th 2013, 12:00am by PEGGY SITO AND YVONNE LIU

    ... and becoming entrepreneurial by opening their own firms," said Salnikow. As a result of the uncertain outlook for the global economy, many employers, especially those in the banking and finance sectors, were forced to downsize head counts and freeze budgets last year. The Executive Centre's banking-related client base in Hong Kong rose to 51 per cent in January 2013 from 29.5 per ...

  7. Tsang gives HK a crisis cushion

    Posted Feb 26th 2009, 12:00am by Ambrose Leung

    ... in 2010-11- a trend that would gradually ease, with the budget getting out of the red by 2013-14. In light of the grim outlook, Mr Tsang announced a series of measures to increase Hong Kong's ... and benefit 1.4 million taxpayers. The rebate does not cover profits tax. Property rates will be waived for the first two quarters of 2009, at a cost of HK$4.2 billion, subject to a ceiling ...

  8. Lai See

    Posted Dec 16th 2010, 12:00am by Howard Winn

    ... Cyberport is a ghost town; 3) It is a property project. His full-frontal approach to what in the past has been a rather touchy subject raised a laugh. He then he went on to address the myths one by one. Cyberport is 100 per cent owned by the government. It has an 80 per cent tenancy rate. Yes, it started off as a property project but it is now into lots of public services. Having turned ...

  9. Business - Property - HOUSING

    Supply of new homes in Hong Kong to remain tight in 2013

    Posted Jan 26th 2013, 12:00am by Paggie Leung

    ... private housing is expected to remain tight this year, property experts say, although the number of flats on which construction began or was completed rose last year. Figures from the Transport ... Patrick Chow Moon-kit, head of research at Ricacorp Properties, said: "Given Hong Kong's population increases by 50,000 to 60,000 a year, and the number of households by about 30,000, ...

  10. Business - Property

    Weekend sales growth fails to lift outlook for secondary home market

    Posted Oct 08th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Sales grow 13pc in secondary market Sales of second-hand homes rose over the weekend, but property agents expect a weakening secondary market in view of new ... per cent compared with the previous weekend. Centaline Property Agency found in its survey that 33 units were sold at 10 selected estates, up 10 per cent from the preceding weekend. Louis Chan ...




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