Blog Archives - Property Management Software Solution HK

June 24, 2024
Blog

The Future of Commercial Real Estate: Impacts and Applications of AI

Traditional methods of running a real estate or property management company such as underwriting, conducting due diligence, and managing properties, are predominantly manual and people-focused. In the era of AI, Generative AI has been increasingly adopted in various industries such as the financial industry and the healthcare industry. The adoption and application of AI in […]

May 29, 2024
Blog

How Generative AI Creates Real Value for Organizations in Real Estate

Generative AI (Gen AI) has taken the world by storm. Gen AI is a category of AI algorithms that generate new outputs based on the data they have been trained on. It uses a type of deep learning called generative adversarial networks (GANs) to create new content and has a wide range of applications, including […]

April 25, 2024
Blog

HR Challenges and Solutions in Commercial Real Estate for 2024

The rapidly transforming business landscape in the Real Estate and Property Management Industry means that there are several human resource management challenges that will continue to evolve in the future. Human resource management is an essential driver to the success of the real estate sector and the property management industry. Human-related factors and human resources […]

March 27, 2024
Blog

“418” Rule Relaxed: Everything Employers Need to Know

After years of debate, the Government has announced to ease the “continuous contract” requirement (known as the “418” rule) under the Employment Ordinance in February 2024. The Labour Advisory Board (LAB) has reached a consensus that the 418 rule is to be relaxed by using aggregate working hours of four weeks as a counting unit […]

February 27, 2024
Blog

Corruption Prevention Guide on Procurement for Public Bodies

Over one hundred organizations are designated by the law as public bodies in Hong Kong. These public bodies provide public services, receive substantial public funds or are being placed in a position of special trust by the Government. Considering these organizations have been increasingly entrusted to assume a boarder array of public functions over the […]

January 26, 2024
Blog

BEPS 2.0: Hong Kong to Implement Global Minimum Tax in 2025

Hong Kong joined more than 130 jurisdictions in committing to implementing BEPS 2.0 in 2021. The Financial Secretary announced in the 2023-24 Budget that Hong Kong will apply the global minimum effective tax rate of 15 per cent on in-scope multinational enterprise (MNE) groups starting from 2025 onwards. On 21 December 2023, the Hong Kong […]

December 27, 2023
Blog

8 Key Business Trends in 2024

2024 is around the corner and comes with new challenges and changes. The business landscape is evolving rapidly, it is necessary for companies to strategically plan for the year ahead to stay on top of emerging trends and innovations to bolster revenue and business resilience. In an era where technology is advancing at a breakneck […]

November 24, 2023
Blog

ESG Challenges Facing Real Estate Companies — and How to Overcome Them

Environmental, Social and Governance (ESG) is playing a much more prominent role in a company’s business framework. Today’s companies have understood the importance of embedding ESG considerations into every stage of decision-making, but there are several challenges they encounter while developing and executing their ESG strategy. According to KPMG’s 2022 ESG survey, 57% of […]

October 27, 2023
Blog

Navigating the Talent Shortage to Win in a Competitive Market

The world is dealing with talent shortages. So too is Hong Kong. The Hong Kong General Chamber of Commerce’s (HKGCC) Talent Shortage Survey 2023 found that 74% of Hong Kong employers are struggling with talent shortages where 61% have been suffering from this issue for up to three years. The factors that respondents blamed the […]

September 25, 2023
Blog

Get Ready for Mandatory ESG Reporting in Hong Kong

What is ESG? ESG refers to a set of Environmental, Social and Governance standards that investors and stakeholders use to evaluate and select investments. Over the last decade, ESG has become a top priority topic in boardrooms, C-suite executives have been seeking an effective way to embed ESG factors into their decision-making process. As Hong […]