Economy
IRD lowers tax reserve certificate interest to 0.5500%
IRD lowers tax reserve certificate interest to 0.5500%
This is a reduction from the current rate of 0.7167%.
HK announces 3 pilot areas of land disposal in Northern Metropolis
Each pilot area covers private residential, industry, and public facility sites.
Hong Kong posts $163.7b deficit in 7M 2024
Its expenditure is at $418b, whilst its revenue was $175.6b.
HK’s labour force reaches 3.83 million in Q3
Total employment in Hong Kong during was 3.71 million.The total labor force in Hong Kong reached 3.83 million in Q3 2024, a slight increase from 3.82...
UOB, SGE ink MoU to deepen gold market cooperation
UOB is the only bank providing gold products in Singapore.
Hong Kong condemns US lawmakers' claim as financial hub for illicit financial activities
A government spokesperson called the allegations ‘malicious’ and ‘grossly unfounded.’
Exports value eases to 3.5% YoY in October
In September, exports value rose 4.7% YoY.
Consumer prices inch up by 1.4% YoY in October
This marks a slowdown from the 2.2% increase recorded last month.
HK urged to deepen financial reform and innovation
Chinese Vice Premier He Lifeng said HK was positioned as an international financial hub.
Jobless rate rises to 3.1% in August–October period
The number of jobless individuals rose by 800.
Hong Kong economy up 1.8% YoY in Q3
On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.
Hong Kong and Peru sign free trade agreement
It will take effect once both parties complete their internal procedures.
What does Trump's return mean for Hong Kong?
Nomura predicts lower GDP growth and slower Fed rate cuts.
Diffusion index climbs to 42.3 in October
Thanks to easing financial conditions and initiative to boost the business environment.
Hong Kong’s exports inch up by 1.2% YoY in September
The volume of imports of goods decreased by 1.2%.
Lee calls for mutual respect in trade relations
He also stressed the importance of non-interference in local affairs.
17 strategic enterprises establish operations in Hong Kong
The new partners span a variety of high-tech industries.
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