Daryl Choo

Daryl Choo

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Hong Kong’s protest rallies force Thai developer to defer sales launch of ultra luxury apartments in Bangkok

The postponement shows how Hong Kong’s worst political crisis, sparked by popular protest against a controversial extradition bill, is widening in its business impact and hitting the city’s economy hard.

The postponement shows how Hong Kong’s worst political crisis, sparked by popular protest against a controversial extradition bill, is widening in its business impact and hitting the city’s economy hard.

20 Aug 2019 - 11:05PM
China Resources Beer explores possibility of minority stake in the Asian unit of world’s largest brewer

The maker of bestselling Snow is “evaluating” Budweiser APAC’s business but has yet to make a decision, its chief executive said.

The maker of bestselling Snow is “evaluating” Budweiser APAC’s business but has yet to make a decision, its chief executive said.

16 Aug 2019 - 11:00PM
Bitter unrest in Hong Kong prompts city’s ultra rich to look into relocating their families to the US

New York agent who handles investments beginning at US$10 million says he is receiving an unusually high volume of requests from Hong Kong’s super rich about helping them relocate to America.

New York agent who handles investments beginning at US$10 million says he is receiving an unusually high volume of requests from Hong Kong’s super rich about helping them relocate to America.

15 Aug 2019 - 10:06AM
Hong Kong protests: hundreds of demonstrators occupy airport for second day

Fewer than 100 protesters remained in arrivals hall overnight but some 1,000 others have now joined them, and are now making posters, greeting travellers, and chanting ‘add oil, Hong Kong’.

Fewer than 100 protesters remained in arrivals hall overnight but some 1,000 others have now joined them, and are now making posters, greeting travellers, and chanting ‘add oil, Hong Kong’.

10 Aug 2019 - 11:47PM
Hong Kong’s trade show organisers hope the ‘city under siege’ image won’t damage visitor numbers this autumn, or next year

Organisers hope for calm by the time Hong Kong’s trade show and exhibition calendar kicks into high gear in September.

Organisers hope for calm by the time Hong Kong’s trade show and exhibition calendar kicks into high gear in September.

2 Aug 2019 - 11:47PM
Surge in Hongkongers seeking to move abroad over past two months, property consultants say

Leaving the special administrative region has always been on many Hongkongers’ minds. But frustration and fear over the erosion of freedoms that have led to huge protest rallies may prove to be the final straw.

Leaving the special administrative region has always been on many Hongkongers’ minds. But frustration and fear over the erosion of freedoms that have led to huge protest rallies may prove to be the final straw.

27 Jul 2019 - 9:00AM
Macau’s first-half home sales plunge as US-China trade war dampened sentiments among investors and developers

Home sales in the gambling hub plunged 42.2 per cent in the first half from the same period a year earlier, said JLL quoting government figures

Home sales in the gambling hub plunged 42.2 per cent in the first half from the same period a year earlier, said JLL quoting government figures

25 Jul 2019 - 10:11PM
Protests cast a shadow on restaurant rents in Causeway Bay and Central

Restaurant rents in these two districts are set to fall up to 8 per cent and 3 per cent respectively in the next six months, according to Cushman & Wakefield.

Restaurant rents in these two districts are set to fall up to 8 per cent and 3 per cent respectively in the next six months, according to Cushman & Wakefield.

31 Jul 2019 - 9:36PM
Two Hong Kong banks cut valuation of used homes as civic unrest threatens to knock property bull run off its footing

Home prices in Hong Kong are poised for declines as the biggest spate of civic unrest in the city’s history threatens to push the property bull run off its footing.

Home prices in Hong Kong are poised for declines as the biggest spate of civic unrest in the city’s history threatens to push the property bull run off its footing.

10 Jul 2019 - 12:34AM
Outlook for Hong Kong retail rents bleak as trade war and protests dampen sales

JLL predicts a 5 to 10 per cent drop in rents for high street shops and up to 5 per cent growth for shopping centres rents for the remainder of the year, after overall retail rents fell 1.2 per cent in the April to June quarter.

JLL predicts a 5 to 10 per cent drop in rents for high street shops and up to 5 per cent growth for shopping centres rents for the remainder of the year, after overall retail rents fell 1.2 per cent in the April to June quarter.

9 Jul 2019 - 7:00AM
Beer giant AB InBev kicks off US$9.8 billion IPO of Asian business in Hong Kong with roadshow

Belgian brewing giant AB InBev kick-started the mega listing of its Asia business, Budweiser Brewing Company APAC, in Hong Kong with an investor roadshow on Wednesday, as it inches closer to the world’s biggest IPO this year.

Belgian brewing giant AB InBev kick-started the mega listing of its Asia business, Budweiser Brewing Company APAC, in Hong Kong with an investor roadshow on Wednesday, as it inches closer to the world’s biggest IPO this year.

3 Jul 2019 - 10:39PM
Hong Kong’s retail sales will drop 5 per cent this year amid fall in numbers of mainland Chinese tourists, says PwC

The accounting giant’s estimate of a 5 per cent fall in retail sales is a downgrade from its earlier forecast of a 3 per cent drop.

The accounting giant’s estimate of a 5 per cent fall in retail sales is a downgrade from its earlier forecast of a 3 per cent drop.

27 Jun 2019 - 6:24AM
Xi-Trump talks at G20 unlikely to end trade war, warn Bank of America Merrill Lynch, Barings

Economists at Merrill Lynch predict negotiations will ‘end in another ceasefire, with both sides delaying additional tariffs’

Economists at Merrill Lynch predict negotiations will ‘end in another ceasefire, with both sides delaying additional tariffs’

26 Jun 2019 - 4:57PM
Prime Hong Kong office rents are most expensive globally for fourth straight year, CBRE says

Prime office rents in Hong Kong’s Central district are the most expensive globally for a fourth straight year, with growth in rents across Asia doubling year on year, US commercial real estate firm CBRE said on Tuesday.

Prime office rents in Hong Kong’s Central district are the most expensive globally for a fourth straight year, with growth in rents across Asia doubling year on year, US commercial real estate firm CBRE said on Tuesday.

26 Jun 2019 - 3:55PM
French sporting goods brand Decathlon bets on try-it-before-you-buy-it model to battle industry heavyweights in Hong Kong

Company opens third store covering 36,000 sq ft in Tseung Kwan O.

Company opens third store covering 36,000 sq ft in Tseung Kwan O.

23 Jun 2019 - 10:47PM
How Chinese machine parts manufacturer Impro Precision is mitigating trade war tariffs

Impro Precision aims to increase its production capacity in Mexico to supply its American customers

Impro Precision aims to increase its production capacity in Mexico to supply its American customers

18 Jun 2019 - 6:08PM
Hong Kong investors snap up affordable property in Malaysia with an eye on retirement

Cost of living in Johor remains among the lowest in the world and property prices in Johor Bahru are much lower compared to most Southeast Asian cities.

Cost of living in Johor remains among the lowest in the world and property prices in Johor Bahru are much lower compared to most Southeast Asian cities.

19 Jun 2019 - 9:36AM
Overseas unit of China’s state-owned cigarette monopoly lights up after lacklustre trading debut as market sentiments turn stale

Shares of China Tobacco International rise by as much 20.7 per cent, picking up from a lacklustre trading debut, but end the day with gains of only 9.7 per cent.

Shares of China Tobacco International rise by as much 20.7 per cent, picking up from a lacklustre trading debut, but end the day with gains of only 9.7 per cent.

12 Jun 2019 - 10:28PM