COVID restrictions continue to drive Hong Kong residents to leave the city in their droves in 2022.
Cynthia Ang, Hospitality & Real Estate Practice Lead at Kerry Consulting, was recently quoted in CNBC, where she acknowledged that many companies are moving operations to Singapore from Hong Kong.
Hong Kong Companies Relocating to Singapore & Elsewhere
“We get more calls from our clients who are sharing with us that they’re going to move the entire Asia Pacific office into Singapore.” – Cynthia Ang, Hospitality & Real Estate Practice Lead, Kerry Consulting
“Dubai is also absorbing talent from Hong Kong. Saudi Arabia is trying to fight for a slice of the pie too. They are trying to mirror what Dubai has done over the last couple of years [in attracting talent].” – Cynthia Ang, Hospitality & Real Estate Practice Lead, Kerry Consulting
Read the full article in CNBC Travel.
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