SUBSCRIBERS
Fortune Reit sees costs rising on utility rates, minimum wage hikes
Published Fri, Mar 14, 2014 · 10:00 PM
Singapore
RISING utility rates, inflation and statutory minimum wage hikes in Hong Kong will hike up its operating expenses in the medium term, Fortune Reit said in its annual report released yesterday.
The retail Reit also faces risks from Hong Kong's economy which is "bottoming out". The country's growth in 2013 has been "gradual", wrote Chiu Kwok Hung Justin, cha…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BOJ will hike rates if trend inflation accelerates, says Ueda
Malaysia to build region’s largest chip design park in bid for top startup-hub status
British retailer JD Sports to buy US rival Hibbett for US$1.08 billion
Japan’s 7-Eleven convenience chain targets aggressive global growth
Renault Q1 sales rise 1.8%, helped by financing business
UBS lifts Chinese stocks to overweight in rare upgrade call