Economy
Amended banking capital rules to take effect January 2025
Amended banking capital rules to take effect January 2025
These amendments incorporate the Basel III final reform package.
HKTE promotes initiatives abroad to attract talent
It will continue to promote opportunities abroad and target key markets.
Diffusion index inches up to 41.6 in September
The one-month ahead outlook DI on business receipts rose to 47.
Hong Kong consumers delay big purchases amidst low confidence
They are now prioritising their personal well-being.
New deal boosts Hong Kong firms' entry into Mainland service sectors
The agreement will take effect on 1 March 2025.
More than a third of HK consumers say their income increased in the last three months
This marks a seven-percentage point year-over-year (YoY) jump from Q3 2023.
HK ranks 4th amongst leading global sources of cross-border capital
Top three asset classes include the industrial, multifamily offices, and office sectors.
Hong Kong ranked fourth amongst the largest global sources...
Hong Kong amongst best economies for international business
It excelled particularly in international trade, business entry, and utility services.
Hong Kong to focus on new development areas
Chief Executive John Lee outlined key development priorities.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
Hong Kong strengthen ties with European businesses
He encouraged British businesses and talent to explore opportunities in Hong Kong.
Exports value rise 6.4% in August, easing from July's growth
July recorded a 13.1% YoY growth.
Customs cracks down 1,300 cases of regulated food smuggling
It exceeded the number of cases in 2023.
Paul Chan visits Madrid to bolster Hong Kong-Spain ties
This was during his visit to Madrid, Spain.
HK, Türkiye ink tax agreement
Companies will benefit from relief on double taxation.
Hong Kong has signed a comprehensive avoidance of double taxation agreement (CDTA) with...
HK delegates visit Spain’s innovation organisation
Spain Startup said it is actively considering organising an Asian version of its summit.
HK returns to top 10 World Talent Ranking
The government said this is a "clear evidence of remarkable progress" in education and talent admission efforts.
Hong Kong has returned to the top 10...
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