Navigating Resilient Business Strategies in Hong Kong’s Challenging Market
Hong Kong has recently witnessed the closure of several well-known bakery chains, restaurants, catering groups, and cinemas. Notable among these is the long-established Taipan Bread & Cakes chain, which ceased all operations after more than…
Expert Tips for Managing Hong Kong Dismissals & Severance
Hong Kong’s economy grew steadily by 3.1% in early 2025. Yet, the labor market remains challenging, with 25% of employers planning staff cuts soon amid ongoing global uncertainties and business restructuring. These shifts require HR…
Understanding Turnover Rent: A Flexible Leasing Model for Property Management
What is Turnover Rent? Turnover rent, also known as percentage rent, is a commercial lease arrangement where part or all of the rent a tenant pays is based on a percentage of their business turnover…
From 418 to 468: What It Means for Property Management HR
On 18 June 2025, the Legislative Council of HKSAR passed the Employment (Amendment) Bill 2025 (“the Bill”), which revises the “continuous contract” requirement under the Employment Ordinance (Cap. 57). This amendment aims to make it…
Transforming Property Management in Hong Kong
The Hong Kong Monetary Authority (HKMA) recently announced a significant milestone in data collaboration between the HKMA’s Commercial Data Interchange (CDI) and the Land Registry (LR) through the Government’s Consented Data Exchange Gateway (CDEG) (LR@CDI).…
Maximizing Real Estate Portfolio Value
A well-managed real estate portfolio can be a powerful source of long-term wealth, but maximizing its value requires strategic planning, efficient operations, and smart investments. Whether you own residential, commercial, or mixed-use properties, optimizing performance…
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