Cheryl Arcibal

Hong Kong

Cheryl Arcibal

Reporter for Business

Before moving to Hong Kong, Cheryl covered the economy in her native Philippines.

Show more

Latest from Cheryl Arcibal

Hong Kong government staunchly defends city’s stock exchange after Donald Trump’s grim prediction

The government says the Hong Kong stock exchange will continue to be the fundraising destination of choice for companies and attract more investors.

7 Aug 2020 - 1:37AM

The government says the Hong Kong stock exchange will continue to be the fundraising destination of choice for companies and attract more investors.

Hong Kong government staunchly defends city’s stock exchange after Donald Trump’s grim prediction
World’s most admired companies: Chinese behemoths find financial muscle does not translate into brand appeal

Kweichow Moutai is the only Chinese company to rank among the top 10 in the FutureBrand Index, with the top spot going to Apple.

6 Aug 2020 - 9:38PM

Kweichow Moutai is the only Chinese company to rank among the top 10 in the FutureBrand Index, with the top spot going to Apple.

World’s most admired companies: Chinese behemoths find financial muscle does not translate into brand appeal
Coronavirus makes UK, Spain and France top choices for homebuyers seeking to relocate, survey shows

Homebuyers see the UK, Spain and France as their top relocation choices for better housing and health care facilities as a result of the Covid-19 pandemic, according to a Knight Frank survey.

6 Aug 2020 - 3:34PM

Homebuyers see the UK, Spain and France as their top relocation choices for better housing and health care facilities as a result of the Covid-19 pandemic, according to a Knight Frank survey.

Coronavirus makes UK, Spain and France top choices for homebuyers seeking to relocate, survey shows
Coronavirus: Fosun Pharma, BioNTech’s China vaccine trial is an important step before securing marketing approval, companies say

144 participants in mainland China will receive two shots of the BNT162b1 coronavirus vaccine candidate spaced by 21 days.

6 Aug 2020 - 4:49AM

144 participants in mainland China will receive two shots of the BNT162b1 coronavirus vaccine candidate spaced by 21 days.

Coronavirus: Fosun Pharma, BioNTech’s China vaccine trial is an important step before securing marketing approval, companies say
Sa Sa pushes e-commerce strategy to shore up sales as mainland tourists dwindle and Sephora heats up rivalry

Sa Sa is tapping the expertise of e-commerce solutions provider Boutir to shore up online sales as the Covid-19 pandemic and new competition threaten its position as Hong Kong’s biggest cosmetics retailer.

5 Aug 2020 - 8:32PM

Sa Sa is tapping the expertise of e-commerce solutions provider Boutir to shore up online sales as the Covid-19 pandemic and new competition threaten its position as Hong Kong’s biggest cosmetics retailer.

Sa Sa pushes e-commerce strategy to shore up sales as mainland tourists dwindle and Sephora heats up rivalry
Hong Kong shared office operator TEC bets on Greater Bay Area to boost business even as Covid-19 pandemic hits demand

The Executive Centre (TEC) is banking on the future business hub to fuel its expansion even as Colliers sees shared office operators giving up vast swathes of space amid the Covid-19 pandemic.

5 Aug 2020 - 10:44AM

The Executive Centre (TEC) is banking on the future business hub to fuel its expansion even as Colliers sees shared office operators giving up vast swathes of space amid the Covid-19 pandemic.

Hong Kong shared office operator TEC bets on Greater Bay Area to boost business even as Covid-19 pandemic hits demand
Luckin Coffee asked to reverse boardroom changes after co-founder’s ouster, as China prepares to wield big stick for accounting fraud

Shareholders linked to Hong Kong-based Centurium Capital are seeking to undo boardroom changes in July following the ouster of former chairman Charles Lu Zhengyao.

4 Aug 2020 - 9:44PM

Shareholders linked to Hong Kong-based Centurium Capital are seeking to undo boardroom changes in July following the ouster of former chairman Charles Lu Zhengyao.

Luckin Coffee asked to reverse boardroom changes after co-founder’s ouster, as China prepares to wield big stick for accounting fraud
Taipei’s offices and flats are in vogue as Taiwanese companies beat a safe passage home to flee Covid-19 in China, US trade war

Heightened tensions between the US and China and the coronavirus pandemic have spurred demand among mainland China-based Taiwanese individuals and companies for residential and commercial property in Taiwan, analysts said.

28 Jul 2020 - 6:59PM

Heightened tensions between the US and China and the coronavirus pandemic have spurred demand among mainland China-based Taiwanese individuals and companies for residential and commercial property in Taiwan, analysts said.

Taipei’s offices and flats are in vogue as Taiwanese companies beat a safe passage home to flee Covid-19 in China, US trade war
Li Ka-shing’s CK Asset makes US$492 million profit from timely sale of Chengdu development as it pulls back from China

CK Asset sells Chengdu mixed development project for US$1 billion to Yuzhou Group and Chengdu Ruizhou amid rising US-China tension.

25 Jul 2020 - 12:50PM

CK Asset sells Chengdu mixed development project for US$1 billion to Yuzhou Group and Chengdu Ruizhou amid rising US-China tension.

Li Ka-shing’s CK Asset makes US$492 million profit from timely sale of Chengdu development as it pulls back from China
Marriott opens 800th property in Asia, aims for 50 more this year even as Covid-19 pandemic keeps hotels shuttered

The US-based hotel operator plans to open between 40 and 50 new hotels in Asia-Pacific this year, and 100 next year even as the travel industry reels from coronavirus.

22 Jul 2020 - 2:33PM

The US-based hotel operator plans to open between 40 and 50 new hotels in Asia-Pacific this year, and 100 next year even as the travel industry reels from coronavirus.

Marriott opens 800th property in Asia, aims for 50 more this year even as Covid-19 pandemic keeps hotels shuttered
Oxfam closing charity shop operations after 43 years as Hongkong Land plans to convert Jardine House space into food court

Oxfam Hong Kong, organiser of the 100km Trailwalker, has been paying a fraction of its revenue as rent for the space in Jardine House.

22 Jul 2020 - 11:09PM

Oxfam Hong Kong, organiser of the 100km Trailwalker, has been paying a fraction of its revenue as rent for the space in Jardine House.

Oxfam closing charity shop operations after 43 years as Hongkong Land plans to convert Jardine House space into food court
Can the national security law dim a rare bright spot in Hong Kong’s property market?

Could the national security law dim a rare bright spot in Hong Kong’s property market? The exit of TikTok and, potentially, other global social media operators may provide some clues.

22 Jul 2020 - 10:24AM

Could the national security law dim a rare bright spot in Hong Kong’s property market? The exit of TikTok and, potentially, other global social media operators may provide some clues.

Can the national security law dim a rare bright spot in Hong Kong’s property market?
Offices to resemble hospitals as part of European building standard being proposed to ensure safe return to workplaces

Commercial buildings are likely to look more like hospitals, if the European Union adopts a region-wide standard to ensure a safe return to workplaces as coronavirus lockdowns are lifted.

21 Jul 2020 - 7:34PM

Commercial buildings are likely to look more like hospitals, if the European Union adopts a region-wide standard to ensure a safe return to workplaces as coronavirus lockdowns are lifted.

Offices to resemble hospitals as part of European building standard being proposed to ensure safe return to workplaces
UK’s stamp duty holiday likely to entice more Hong Kong homebuyers fleeing security law

Inquiries from Hongkongers looking to buy homes in London and other British cities has climbed in the wake of the easing of visa restrictions, and is likely to climb further.

14 Jul 2020 - 7:46PM

Inquiries from Hongkongers looking to buy homes in London and other British cities has climbed in the wake of the easing of visa restrictions, and is likely to climb further.

UK’s stamp duty holiday likely to entice more Hong Kong homebuyers fleeing security law
Exodus of US firms from Hong Kong to avoid sanctions imposed in wake of security law would hit office market already hurt by unrest, coronavirus

Rents could fall by as much as 30 per cent, by one estimate, if the US sanctions bill sparks an exodus of American firms, given they are the single biggest office tenants in Hong Kong, occupying 16 per cent of prime office space.

9 Jul 2020 - 3:33PM

Rents could fall by as much as 30 per cent, by one estimate, if the US sanctions bill sparks an exodus of American firms, given they are the single biggest office tenants in Hong Kong, occupying 16 per cent of prime office space.

Exodus of US firms from Hong Kong to avoid sanctions imposed in wake of security law would hit office market already hurt by unrest, coronavirus
Hong Kong, Singapore, Tokyo office markets likely to survive work-from-home arrangements as small flats seen limiting productivity

Work from home may be the buzzword as businesses adapt to a new normal amid the Covid-19 pandemic. In Hong Kong, Singapore and Tokyo, that may not gain traction as space constraints hamper productivity, analysts said.

8 Jul 2020 - 7:26AM

Work from home may be the buzzword as businesses adapt to a new normal amid the Covid-19 pandemic. In Hong Kong, Singapore and Tokyo, that may not gain traction as space constraints hamper productivity, analysts said.

Hong Kong, Singapore, Tokyo office markets likely to survive work-from-home arrangements as small flats seen limiting productivity
Glitz and glamour of Monaco’s luxury property outshines dizzying prices in Hong Kong and New York markets

Monaco’s tiny principality and friendly tax regime are irresistible magnet for the ultra-rich and celebrities, making its luxury property market more expensive than in Hong Kong and New York.

7 Jul 2020 - 6:19PM

Monaco’s tiny principality and friendly tax regime are irresistible magnet for the ultra-rich and celebrities, making its luxury property market more expensive than in Hong Kong and New York.

Glitz and glamour of Monaco’s luxury property outshines dizzying prices in Hong Kong and New York markets
Demand for international travel to sink 80 per cent this year as coronavirus pandemic crushes tourism, says Euromonitor

Recovery of international travel to pre-crisis level could be pushed back to 2023, with trips this year falling to 311 million from 1.48 billion in 2019.

3 Jul 2020 - 3:24PM

Recovery of international travel to pre-crisis level could be pushed back to 2023, with trips this year falling to 311 million from 1.48 billion in 2019.

Demand for international travel to sink 80 per cent this year as coronavirus pandemic crushes tourism, says Euromonitor
Coronavirus accelerates shift to online shopping as consumers fear contracting the disease from handling banknotes

Shift to touch-free transactions and e-commerce is partly driven by consumers’ pressing concern over hygiene, says Mastercard.

2 Jul 2020 - 3:14PM

Shift to touch-free transactions and e-commerce is partly driven by consumers’ pressing concern over hygiene, says Mastercard.

Coronavirus accelerates shift to online shopping as consumers fear contracting the disease from handling banknotes
China’s strained relations with US, Canada, Australia a boon to London property, agents say

Hongkongers and mainland Chinese overtake Russians and Indians to become the top international buyers in the UK for the first time, says agency Beauchamp Estates.

1 Jul 2020 - 9:30AM

Hongkongers and mainland Chinese overtake Russians and Indians to become the top international buyers in the UK for the first time, says agency Beauchamp Estates.

China’s strained relations with US, Canada, Australia a boon to London property, agents say
As China and Australia trade barbs on coronavirus and racism, property market joins list of casualties

Fraying relations between Beijing and Canberra could hit Australian real estate market that relies on Chinese money for its vigour.

23 Jun 2020 - 7:29PM

Fraying relations between Beijing and Canberra could hit Australian real estate market that relies on Chinese money for its vigour.

As China and Australia trade barbs on coronavirus and racism, property market joins list of casualties
Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout

Hong Kong’s commercial real estate market is expected to be hobbled by uncertainty surrounding the security law, with transactions already at the slowest pace since the global financial crisis.

16 Jun 2020 - 6:52PM

Hong Kong’s commercial real estate market is expected to be hobbled by uncertainty surrounding the security law, with transactions already at the slowest pace since the global financial crisis.

Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout
Rare Swiss Alps property project available to foreign buyers sees rising demand from investors in Hong Kong, Asia

The company behind the only development in the Swiss Alps that is available for foreign ownership said it expected demand from Hong Kong and other markets in Asia to grow following the coronavirus pandemic.

30 Jun 2020 - 5:19PM

The company behind the only development in the Swiss Alps that is available for foreign ownership said it expected demand from Hong Kong and other markets in Asia to grow following the coronavirus pandemic.

Rare Swiss Alps property project available to foreign buyers sees rising demand from investors in Hong Kong, Asia
Expatriates consider property investments back home as coronavirus lockdown underlines importance of family

The coronavirus pandemic is making expatriates rethink their priorities, with a growing number of executives looking for a property back home to be close to family and friends.

14 Jun 2020 - 10:36PM

The coronavirus pandemic is making expatriates rethink their priorities, with a growing number of executives looking for a property back home to be close to family and friends.

Expatriates consider property investments back home as coronavirus lockdown underlines importance of family
Eight out of 10 Asia-Pacific hotels had to close at peak of coronavirus pandemic, Colliers estimates

The closures are likely to lead to losses of at least US$50 billion in first-half revenues for the segment, the property consultancy says

10 Jun 2020 - 11:22AM

The closures are likely to lead to losses of at least US$50 billion in first-half revenues for the segment, the property consultancy says

Eight out of 10 Asia-Pacific hotels had to close at peak of coronavirus pandemic, Colliers estimates
‘New way of life’: pandemic shifts investor preferences in Hong Kong, New York luxury property market

The coronavirus pandemic is creating a common trend among luxury property buyers from Hong Kong to New York – a preference for an outdoor area, in the suburbs and closer to nature.

9 Jun 2020 - 7:03PM

The coronavirus pandemic is creating a common trend among luxury property buyers from Hong Kong to New York – a preference for an outdoor area, in the suburbs and closer to nature.

‘New way of life’: pandemic shifts investor preferences in Hong Kong, New York luxury property market
Protest-wracked Hong Kong still world’s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey

Asian cities made up four of the top five most expensive housing markets last year, according to a report by the property consultancy.

9 Jun 2020 - 6:26AM

Asian cities made up four of the top five most expensive housing markets last year, according to a report by the property consultancy.

Protest-wracked Hong Kong still world’s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey
Flexible workspace giant IWG takes over US rival WeWork’s abandoned office space in Hysan Place, Causeway Bay

The world’s largest operator of serviced offices is taking floors 31 and 32 of Hysan Place which were abandoned by WeWork in April amid dwindling demand.

5 Jun 2020 - 2:02PM

The world’s largest operator of serviced offices is taking floors 31 and 32 of Hysan Place which were abandoned by WeWork in April amid dwindling demand.

Flexible workspace giant IWG takes over US rival WeWork’s abandoned office space in Hysan Place, Causeway Bay
Demand for UK property set to rise as Boris Johnson promises visa shake-up to benefit Hongkongers fleeing Beijing’s security law

Property agents were already seeing a rise in the number of inquiries about property in cities such as London and Birmingham before the prime minister promised to overhaul the visa system to accommodate Hongkongers.

4 Jun 2020 - 8:42PM

Property agents were already seeing a rise in the number of inquiries about property in cities such as London and Birmingham before the prime minister promised to overhaul the visa system to accommodate Hongkongers.

Demand for UK property set to rise as Boris Johnson promises visa shake-up to benefit Hongkongers fleeing Beijing’s security law
Talk of demise of offices is greatly exaggerated, but how firms will use work spaces is set to change in post-coronavirus world

The coronavirus pandemic is forcing companies to re-evaluate safety in the workplace, as a new normal emerges with the end of lockdowns and work-from-home arrangements.

3 Jun 2020 - 10:24AM

The coronavirus pandemic is forcing companies to re-evaluate safety in the workplace, as a new normal emerges with the end of lockdowns and work-from-home arrangements.

Talk of demise of offices is greatly exaggerated, but how firms will use work spaces is set to change in post-coronavirus world