Economy
SME Leading Business Index up 3.2 points in Q4 2024
SME Leading Business Index up 3.2 points in Q4 2024
Four in five sub-indices recorded increases.
HKSTP inks 9 partnership agreements to boost ties with Middle East
One of the partnerships involves Saudi Arabia's FII Institute.
Paul Chan outlines Hong Kong's role in developing Belt and Road economies
He has met with officials in Saudi Arabia, witnessed various MoUs, and delivered a speech at the FII.
Gov't strongly objects to US tech investment ban
The government said it is rejecting the measure.
Exports value eases to 4.7% YoY in September
In August, exports value rose 6.4% YoY.
HK maintains strong position in rule of law index
Its score for Absence of Corruption also increased, ranking 10th worldwide.
Consumer prices rise 2.2% YoY in September, slowing from August
In August, prices increased by 2.5% YoY.
UOB hikes GDP forecast to 2.9% despite rising inflation, economic headwinds
Hong Kong faces weak external demand and low consumer confidence, amongst other challenges.
Gov't receives over 300k applications for new silver bonds batch
The total issuance amount is set at $55b and will be issued on 23 October.
Jobless rate holds steady at 3%
The number of jobless individuals however dropped by 1,700.
Hong Kong ranks as world's freest economy
Amongst the five areas of assessment, the city ranked top in ‘freedom to trade internationally’ and ‘regulation.’
2024 Policy Address: Industry stakeholders laud Lee’s policies on economy and IT development
The government plans to set up the $10b IT Industry-Oriented Fund.
2024 Policy Address: HK reinforces commitment to ‘one country, two systems’
It is seen to play a crucial role in supporting national security.
Chief Executive John Lee reaffirmed his administration's dedication to the “one...
2024 Policy Address: HK to roll out 20 digital initiatives to enhance public services
These initiatives will leverage AI and blockchain technology.
2024 Policy Address: HK sets sights on becoming int’l gold trading centre
A working group will be formed to establish an international gold trading centre.
2024 Policy Address: 60,000 housing units to be built in Northern Metropolis
Over 150,000 housing units are expected to be built there over the next decade.
2024 Policy Address: Hong Kong cuts tax on liquor priced above $200 to 10% to boost trade
The previous rate was 100%.
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