Economy

The Hong Kong Export Index has risen by 9.3 points to 39.0.

Globally, the market is 16th priciest for business concerns.

The bank provided conducive factors through its policies.

The government will establish a green-tech committee as part of its efforts.

The import/export trade industry recorded the largest decrease of 21.6% YoY.

The remaining $2,000 will be given in July. 

It contracted from the US$436.5b record in January.

The slackened external environment contributed to the fall.

Secretary Chan also believes digitalisation will diversify the economy

The city’s deficit is expected to remain wide for a longer period. 

The rate of increase picked up from December. 

Secretary Chan added that the city’s financial system displayed resilience.

Some of the measures include consumption vouchers for eligible citizens.

The government also plans a $350m subsidy to four in-harbour operators.

The government will also hold off on increasing taxes.

Chief Executive John Lee said the budget measures will restore Hong Kong’s position as an investment hub.