Economy
Rising transport costs push Hong Kong part-time workers towards flexible roles
Nearly 45% said commuting costs make part-time work financially unsustainable.
Hong Kong SME sentiment edges higher in September but remains weak
Despite the improvement, the reading remains below the neutral 50 mark.
Hong Kong welcomes 18 new businesses
GlaxoSmithKline and Goertek Microelectronics are amongst the new entrants.
Phase one of MBF portability approved
It will be implemented sometime in 2026.
Hong Kong wages rise 3.5% in June
However, unadjusted figures show a 7.5% drop in nominal payroll and a 7.2% drop in real payroll.
Gov’t announces new tobacco control measures
This ranges from increasing penalties and more stringent enforcement actions.
Hong Kong leaders see AI plan boosting jobs, investment, permits
Western Digital said intensifying AI workloads are reshaping storage priorities as data volumes increase.
HKTDC welcomes policy address, backs mainland firms going global
The HKTDC said the package charts a wide-ranging course for development.
Firms urge clarity and incentives to drive Northern Metropolis development
Industry leaders back the plan but warn that high costs, vague timelines could slow uptake
Tax perks for funds and family offices set to be enhanced
It hopes to attract more funds to establish a presence in Hong Kong.
How will Hong Kong deepen its international economic and trade networks?
Measures include investment agreements, digital trade reforms, and stronger transport and logistics infrastructure.
Gov’t to establish accountability system to enhance governance
The plan adds an AI team and stricter appraisals to boost accountability.
Hong Kong economy set to cool in H2 after 3.1% first-half gain
On prices, UOB lowered its 2025 headline inflation forecast to 1.6% from 1.8%.
Foreign currency reserve declines in August
Foreign liabilities amounted to $31.7b.
Gross national income up 5.2% YoY in Q2
GDP for the same period was $785.2b, up 3.7% YoY.
10th Belt and Road Summit generates $7.8b in MOUs and new projects
This is a total of nine MOUs signed with the government and 36 other agreements.
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