Economy

Hong Kong signs MoU on overseas economic, trade cooperation zones

The MoU was signed with Mainland China’s Ministry of Commerce.

Hong Kong signs MoU on overseas economic, trade cooperation zones

The MoU was signed with Mainland China’s Ministry of Commerce.

Gov’t records $57.2b deficit as of July

Revenue during the same period amounted to $147.2b.

Hong Kong new economic envoy in London assumes post

Gilford Law is the new Hong Kong Economic and Trade Office Director-General.

China’s 14th five-year plan to usher HK to golden opportunities: CE Lam

The plan provides support in enhancing Hong Kong’s status as an international financial hub, amongst others.

Vouchers to spur private consumption growth, improve employment: FS Chan

The effects of the consumer vouchers will be seen this month.

Hong Kong ranks 8th in Safe Cities Index 2021

It ranked third in health security and first in infrastructure security.

Inflation rate speeds by 3.7% in July

The government attributed this to the low-base effect.

Hong Kong’s population slips 1.2% in mid-2021

There are now 7.39 million individuals in the city.

Businesses sustain optimism in July: C&SD

This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.

Hong Kong’s recovery likely to remain moderate, gradual in H2

The strict COVID-19 measures are expected to dampen the city’s economic growth.

How SG firms can tap GBA opportunities via Hong Kong

Chief Executive Carrie Lam said the city is an “ideal gateway” for businesses.

Hong Kong’s economic growth slows down as border control remains

The city’s GDP expanded by 7.5% in the second quarter from 7.9% previously.

SMEs optimism hit 3-year high as economy rebounds

The overall SME leading business index rose to 46.6, the highest since Q3 2018.

Exchange Fund gains $102.7b in H1

Its total assets stood at $4.5t as of end-June.

HK hits back at US 'unfounded' national security law claims

The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.

Inflation rate picks up 0.7% in June

But at a slower pace compared to 1% in May.

Hong Kong’s economy likely to grow 9.8% in Q2: MS

This is thanks to a low base year and growing external demand.