Economy
HK sees 3.6% decline in deal activity in 2024
HK sees 3.6% decline in deal activity in 2024
Markets such as China, Singapore, and Malaysia also saw declines in deal volume.
HK salaries to increase by 4% across all industries
The technology industry is forecasting the highest increase at 4.2%.
How can Hong Kong address its growing budget deficit?
A consolidated budget deficit of $94.8b is projected for 2025.
New measures to strengthen financial cooperation between HK, Mainland China
Hong Kong will launch a new RMB Trade Financing Liquidity Facility with a total size of $106.21b.
Hong Kong targets gold trading, global ties to boost economy
It aims to boost competitiveness by enhancing access to Mainland China's financial markets.
EPD announces new arrangements for plastic recycling set
The GREEN@COMMUNITY network will take over plastic recycling services after the pilot scheme ends.
HK sees 10% growth in startups in 2024
Growth has been especially strong in the health and medical fields.
Hong Kong GDP growth seen at 2.1% on weak consumption
Inflation is also expected to rise next year.
GDP growth slows in Q3
The services sector sees mixed results.
2025 budget to reflect public views
The public consultation, which began on Sunday, has already received a wealth of feedback.
Unemployment rate remains stable at 3.1% in September-November
Underemployment rate also stayed at 1.1%.
HK exports up 0.3% in October
Imports of goods also increased by 1.5% over the same period.
HK's gross national income rises by 4.2% YoY to $899.6b in Q3 2024
Mainland China contributed 40.3% of its primary income inflows.
HK's exports set to grow by 4% in 2025
Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.
Hong Kong attracts 66 strategic enterprises
About 60% of these enterprises have set up new operations in the region.
Hong Kong direct investment stocks rise in 2023
Inward and outward DI rose by 6.2% and 3.8%, respectively.
Diffusion index down to 41.9 in November
Business receipts DI fell for business services, restaurants, and retail trade.
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