Economy

CPA Australia urges Hong Kong to enhance business competiveness in budget

The committee also expects Hong Kong to address the deficit in Budget 2023-24

CPA Australia urges Hong Kong to enhance business competiveness in budget

The committee also expects Hong Kong to address the deficit in Budget 2023-24

Provisional retail sales up 7.8% YoY in December 2023

For the whole year, Hong Kong saw a 16.2% increase in retail sales value.

Economy grows 4.3% YoY in 4Q23

For the whole of 2023, GDP grew 3.2% YoY.

These are the best and worst performing sectors in Hong Kong according to StandChart's SME Index

Finance and Insurance was the best performing sector for the first quarter.

HK, Croatia inks tax agreement

This will serve as a guide for investors on potential tax liabilities.

Gov’t introduces new measures to bolster financial ties with China

These measures will also benefit Hong Kong’s status as an international financial centre.

Consumer prices rise 2.4% YoY in December

The December inflation is lower than the November record of 2.6%.

Jobless rate unchanged at 2.9%

The total number of unemployed people stands at 105,700.

HK Chief Exec concerned over Cathay Pacific flight cancellations

The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.

2024-2025 budget likely to focus on boosting recovery: expert

UOB experts expect measures on housing, low fertility, and talent.

Unemployment rate remains at 2.9%

There were 112,400 unemployed people from September to November.

Hong Kong kicks off public consultation on the 2024-25 budget

The 2024-25 budget will pursue development aimed at promoting stability.

Exports to grow by 4% to 6% in 2024

Exporters will focus on cash flow management next year.

Hong Kong rejects negative credit outlook rating

Moody's downgraded Hong Kong’s outlook rating from stable to negative.